Address
SalaryA global insurance business is looking to recruit for an In-House VAT Manager to join their London office.
In this role you will actively engage in business partnering and decision support on Indirect Tax matters. Taking charge of the Group VAT strategy, you will provide effective support on transactions and projects, collaborating closely with Group Tax, internal stakeholders, and advisers.
Your responsibilities encompass:
● Offering insight into Indirect Tax implications resulting from structural business changes.
● You will play a crucial role in preparing and finalizing VAT returns, including Annual Adjustments and Capital Goods Scheme calculations.
● This involves managing the compliance process, post-return journal calculations, and balance sheet reconciliations.
● Oversight of pre-submission returns prepared by outsourced advisors is essential.
● Timely and effective handling of all HMRC correspondence is a key duty, as is maintaining and updating VAT Group and other VAT registrations. For new and existing entities, you will determine the optimum VAT registration solution, whether through VAT Grouping or stand-alone VAT registration.
● Collaboration within the tax team is integral, with a focus on reviewing IPT returns, ensuring timely submissions, and managing relationships with advisers.
● Your role extends to providing support for risk and governance documentation, fostering effective relationships with internal stakeholders and third parties, and addressing Indirect Tax queries while offering necessary training.
● You will monitor and assess the impact of changes in Indirect Tax legislation affecting the Group, both in the UK and internationally. Additionally, you will provide support for various projects and business initiatives as required.
Qualifications:
● Qualified tax professional with several years of experience gained within the Insurance sector. This could be in-house or within Practice.
● Experience within VAT and IPT globally, combined with knowledge of cross-border transactions
● Knowledge of and expertise in withholding tax would be advantageous
