Corporate & Indirect Tax Accountant
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Job ref:
TAXFTSE_1642674667
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Location:
City of London, London
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Sector:
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Job type:
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Salary:
£200 - £300 per day + INSIDE IR35
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Contact:
Kara Moore
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Email:
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Published:
over 1 year ago
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Duration:
3 Months
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Start date:
ASAP
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Consultant:
ConsultantDrop
Job Type: 3M Contract
Start Date: ASAP
Location: London (REMOTE)
INSIDE IR35
Top FTSE FMCG business is looking for an experienced Corporate & Indirect Tax Accountant to work on a 3 month contact in their New Categories Finance department.
This role will involve supporting accounting and controls surrounding corporate tax and indirect taxes including but not limited to VAT, customs duties and withholding tax to ensure accurate and timely accounting, balance sheet reconciliations, tax payments and other reporting and compliance requirements.
Duties:
1.To perform monthly and quarterly VAT balance sheet reconciliation to fully support month end balance and fully reconciled to VAT returns for the period under review. Work closely with indirect tax team to ensure that all irrecoverable VAT are charged to the P&L in a correct period.
2. To ensure duty down payments for supply chain hub and UK import duties paid to freight forwarder are approved and paid in timely manner with adequate supporting back up properly retained. Carry out monthly P&L allocation of down payments utilised to respective end market cost centres and complete monthly reconciliation of down payment balance on the balance sheet.
3.To ensure monthly accruals and quarterly recharge of duty deferment paid on behalf by intercompany are carried out accordingly. To perform duty deferment accounting once New Category set up its own duty deferment account and ensure payment and duty expenses are posted monthly and accurately.
4.Work closely with the corporate tax team to ensure yearly corporate tax return preparation and carried out and queries are answered in a timely manner.
5.To review all corporate and indirect tax general ledger accounts monthly to ensure that all necessary charges are allocated to the P&L and to the correct cost centres.
6.To forecast working capital requirement and balance sheet account for duties.
7.Other reporting requirements:
*Annual country by country reporting
*Annual tax senior accounting officer sign off
The successful candidate be degreed educated with part-qualified professional accountancy qualification. They will have a good understanding of group and corporate finance principles and will be able to work independently managing stakeholders across a wide range of location and markets.
1.Experience of balance sheet reconciliations, forecasting and analysis;
2.Ability to manage a high volume of data and present in a simple, organised, innovative and impactful way using all current systems to simplify and automate information management. i.e. SAP/ BI/BPC.
3.BPC/SAP experience
4.Understanding of indirect taxes will be an added advantage
This role is remote however candidates can go into their city office to work if preferred.
The JM Group is operating and advertising as an Employment Agency for permanent positions and as an Employment Business for interim / contract / temporary positions. The JM Group is an Equal Opportunities employer and we encourage applicants from all backgrounds.
