VAT Analyst Job Description
VAT Analyst Duties & Responsibilities
To write an effective VAT analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included VAT analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
VAT Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for VAT Analyst
Typically a job would require a certain level of education.
Employers hiring for the VAT analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Economics, Law, Accountancy, Business, Business/Administration, Finance/Accounting, Education, Associates
Skills for VAT Analyst
Desired skills for VAT analyst include:
Desired experience for VAT analyst includes:
VAT Analyst Examples
VAT Analyst Job Description
- Support the Tax & VAT Migration & Audit Team and/or Business VAT and Corporate VAT Managers (Country/Regional & Technical/Policy) in any external & internal audits
- Prepare review and maintain VAT registrations
- Research and evaluate VAT implications of new products or business deals
- Provide support for and manage VAT audits
- Respond to VAT notices
- Work with Accounts Payable, Accounts Receivable & business units to resolve VAT issues
- Assist the VAT Manager with research and special projects as issues arise
- Maintain VAT Tracker and Payment Matrix
- Update JDE and KIWI for VAT Rate Changes and test system changes
- Work with Global VAT Manager to identify areas of exposure
- Monthly accounting tasks (ie
- Support audits/queries
- Identify any system changes including submission of change controls
- University degree within Finance, Accounting or banking
- Qualified accountant or strong finalist
- Degree in Accounting, Business, Finance, Information Technology or equivalent
VAT Analyst Job Description
- Assisting in the provision of VAT advice to all business units
- Assist in resolving any internal VAT issues
- Supporting the Head of VAT in dealing with queries from tax authorities
- Work closely with internal and external shared service centers to ensure VAT compliance
- Prepare governmental and VAT related statistics
- Business Partner and Finance contact for all VAT related tasks
- Assist the Manager Accounting in VAT/ tax related aspects of monthly/ quarterly/ annual closings and audits
- Act as special matter expert (VAT) in projects
- Oversee VAT process for Europe region
- Approve and manage approval of VAT returns and other associated tax and statistical declarations
- Strong analytical, IT and data manipulation skills
- Abililty to develop and maintain strong relationships with senior stakeholders and seperate project teams
- Act as a trustworthy business partner to Business Units/other stakeholders and go further where consultants usually stop
- 3+ years experience in MNC and/or Big4 environment
- Ability to effectively contact internal stakeholders and taxing authorities for additional information, clarification on ongoing issues
- Drive and determination to obtain understanding of complex, business-driven transactions and report these accurately according to the appropriate accounting standards
VAT Analyst Job Description
- Build, maintain and govern processes surrounding VAT automation following newly incorporated SAP implementations
- Overall assistance with VAT compliance obligations of TPCI in Italy and Europe, assistance with preparation/reconciliation and timely submission of VAT/Intrastat returns and EC Sales listing’s across numerous European countries including a review function
- Assist Senior VAT Compliance Manager with day to day tasks required to run the business effectively, legislative research, confirmation of VAT treatment applicable to a flop, review and translation of important documents etc
- Approve VAT payments
- Drive for harmonization and simplification in all VAT processes
- Coordinate and actively support on VAT matters in strategic projects
- Coordinate and support local tax inspections and provision of VAT relevant documents to tax inspectors
- Support to other functions with VAT topics
- Prepare VAT returns and related supporting documentation for entities in compliance with country tax regulations
- Planning – Assist business units to proactively identify VAT planning opportunities
- Prepare and submit German Intrastat returns as necessary
- Prepare and submit UK Intrastat returns as necessary
- Preparation and submission of Indirect tax compliance for all business units across multiple jurisdictions
- Liaising with external Advisors in relation to Indirect tax compliance requirements
- Assisting in Group wide projects to ensure our Indirect tax compliance requirements are maintained as the Group expands into multiple jurisdictions
- AITI tax qualified
VAT Analyst Job Description
- Preparing VAT Returns and undertaking reviews of transactions to determine VAT recovery
- Review of VAT write-offs
- Manage the adjustments derived from the VAT returns reconciliations with the GL in working collaboration with the country accounting teams by liaising with the relevant teams to obtain accurate data and documentation and ensure all adjustments are completed
- Ability to support and advise the business in basic business transactions and sales support from a VAT prospective
- Acquire working knowledge of bespoke CARDEX system and its impact on the VAT reporting and accounting on day to day business
- To prepare and deliver quality Indirect Tax reports as required by internal or external requirements on time (Vat declarations, Tax audits, .)
- Prepare and submit European VAT returns
- Prepare and submit VAT returns, in particular for electronically supplied services (ESS)
- Prepare and submit Italian VAT returns
- Assist with ensuring efficient working of VAT compliance process
- Proven VAT compliance experience, including experience of preparing returns across multiple European jurisdictions
- Intermediate/advanced Excel skills and a willingness to use technology to complete/ improve daily tasks
- Proven track record in the provision of high value tax work
- A proactive individual who strives to deliver high quality results and who is continuously looking for new and innovative solutions to issues to develop and improve systems and processes
- Demonstrates good judgement and a commitment to an open and transparent way of working
- Technical Knowledge on sales and services taxes as well in taxes obligations
VAT Analyst Job Description
- Manage response to VAT queries and requests from the tax authorities in all jurisdictions
- Ensure that country specific VAT info sheets and internal procedure documents are corrected and continually kept up to date
- Responsible for accuracy and quality of VAT compliance within specific region
- Working with Indian and UK teams to deliver VAT returns to clients
- Sending client VAT Returns within strict deadlines
- Prepare European VAT returns and related filings
- Assist with VAT registrations across various jurisdictions
- Assist in the mapping of VAT processes, the implementation of improvements
- Prepare month-end VAT account reconciliations
- Provide VAT compliance support to colleagues throughout the business and, in particular, accounting groups
- Support the monthly reporting under US-GAAP and participate in coordinating the periodic closing processes
- Support preparing statutory Financial Statement (Local GAAP)
- Monitor & track tax postings and corresponding payments
- Support Time Warner Tax Department in case of audits
- Coordinate Finance tasks related to the accounting and payment of income taxes
- Liaise with domestic and international affiliate companies and divisions as appropriate and give guidance and training to other departments and shared service centers (EFS or SDC)