Corporate Tax Accountant...

Our client is a leading Finance and Insurance company.

Increased growth has led to the opening of a new role for a Corporate Tax Accountant to join their Potters Bar based operation:

Job Role:

To ensure compliance by the uk division with its uk tax reporting obligations other than in respect of corporation tax.

Dimensions of the role:

PAYE/N.I.C payments £200m pa; output vat £17m pa; stamp duty land tax £4m pa; tax deductions at source £2m pa (supported by one direct report (shared with the corporate tax manager).

Duties: 

* Quarterly VAT reporting by the UK division (inc Isle of Man)

-  Application of detailed understanding of VAT legislation to our operations

-  Supervision of regular compilation of data process by the CTO

-  Provision of advice to the business on VAT legislation

-  Maintain compliance procedures to ensure VAT is properly dealt with by the business

-  Supervision over accounting control for VAT income and expense

-  Main point of contact with HMRC on VAT matters

* VAT partial exemption recovery process

-  Application of detailed understanding of VAT PE rules to our operations

-  Ensure existing PE process continues to be most appropriate for the business

-  Supervision of compilation of data process by the CTO

-  Negotiate any changes in process with HMRC

 * Submission of miscellaneous tax returns on behalf of the UK division

-  Application of detailed understanding of overseas premium tax and UK tax deductions at source legislation to our operations

-  Supervision of return preparation process by CTO

-  Main point of contact with HMRC and overseas tax authorities on these returns

* Employer tax compliance support to HR and other business functions

-  Provision of advice to HR and other departments on tax compliance requirements (including PAYE) in respect of employees

-  Supervision of preparation of annual PSA return by CTO

-  Main point of contact with HMRC on employer tax matters

Candidate Criteria:

* Detailed knowledge of VAT tax legislation as applicable to the financial services industry including partial exemption, cross border and property transactions. Fully conversant with employee income tax legislation 

* Good knowledge of PAYE operational requirements

* Understanding of insurance premium taxes and stamp duty land tax legislation

* Understanding of chargeable events regime

* Understanding of tax deductions at source legislation

* Practical experience of using mainframe and pc computer systems

* Communication skills - including ability to explain complex tax technical matters to non-specialists

* Staff supervisory experience

* Auditing experience in relation to sophisticated computer systems

* Report writing skills

* Experienced negotiator with HMRC

* Experience of working in the life assurance industry

* Comfortable dealing with individuals at all levels within an organisation

 * Good knowledge of PAYE operational requirements

 * Understanding of insurance premium taxes and stamp duty land tax legislation

QUALIFICATIONS

* Fully qualified accountant (ICA, ACCA etc)

* Educated to degree standard

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