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VAT Accountant

Job in London, United Kingdom
Posted

Degree level

Bachelor

Job function

Accounting

Required language

English (Fluent)

Work experience

0 to 2 years

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VAT Accountant

Main Purpose

Completion of Group VAT return and act a focal point for VAT accounting and reporting.

Principle Accountabilities

  • To calculate the Group VAT liability in accordance with legal requirements, and produce the VAT Return for submission to HMRC. 
  • To ensure that the Periodic VAT journals are uploaded to GL on a timely basis, and that a robust control environment exists around the Management Accounts VAT process. 
  • To reconcile the VAT balance sheet accounts on a timely basis. 
  • To liaise with our external auditors to ensure a smooth quarterly and year-end process. 
  • Conduct a continual process review – maintain an up to date manual of the VAT return process. 
  • Monitor and challenge manual postings to VAT accounts. 
  • Timely and accurate production of the Group VAT Return.
  • Timely and accurate production of overseas VAT returns. 
  • Balance sheet accounts satisfactorily reconciled every period.
  • Assistance with other transaction taxes including Financial Transaction Tax (FTT) and stamp duties as necessary.
  • Deal with ad hoc queries as they arise.
  • Monitor and challenge PESM.
  • Liaise with external advisers.

Requirements

  • Part/Qualified CIMA/ACCA/ACA 
  • Previous experience of completing VAT returns and a (minimum) basic understanding of HMRC compliance/VAT accounting. 
  • Previous experience of working in a partially exempt business advantageous.
  • Excellent Excel skills and knowledge of finance systems (Oracle). 
  • Able to investigate and amend reported financials to remove known inaccuracies.  
  • A drive to fully understand the detail and resolve issues in the correct way. 
  • Ability to work autonomously and under pressure. 
  • Encouraged to automate or change existing processes to increase efficiency and effectiveness. 

To all recruitment agencies – BGC Partners & affiliates do not accept agency resumes. Please do not forward resumes to our job alias, employees or any other company location. BGC Partners & affiliates are not responsible for any fees related to unsolicited resumes. Please contact the Recruitment function for additional details 

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About BGC Partners
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Headquartered in London and New York, BGC Partners (NASDAQ: BGCP) provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information and other back office services.

Finance & banking
London
1,100 employees