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Senior Tax Analyst - VAT and Indirect Tax Reporting

salary Not Disclosed
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job companyKpmg India Services Llp
job location Harohalli, South Bangalore, Bangalore
job experience5 - 6+ years Experience in Accountant
1 Opening
full_time Full Time

Job Highlights

qualification
All Education levels
gender
All genders
jobShift
5 days working | Day Shift

Job Description

Senior Analyst Roles & responsibilities KPMG's Partnership Tax Team forms part of the UK firm's in-house finance function, which is part of KPMG Business Services. The team is responsible for all aspects of the UK firm's internal tax affairs, covering corporate tax, overseas tax, VAT, employment tax and the personal tax affairs of the partners. Key responsibilities The key responsibility of this role is: preparation of month end VAT reporting; reconciliation of VAT and expense general ledger codes; preparation & submission of VAT returns and EC Sales Returns; and assisting with the provision of VAT guidance & training to internal stakeholders of KPMG. VAT month end reporting • Running monthly SAP reports and preparing files for review, ensuring all necessary supporting schedules have been obtained and validated • Reviewing tax coding for specific tax codes on fee notes and sundry invoices • Completing the monthly reconciliation of VAT GL account codes • Contacting and following up with users who have posted entries with incorrect tax codes • Reviewing multiple expense general ledger codes to identify business entertainment • Carrying out sample VAT reviews of employee expenses claims submitted via the employee expenses system VAT and other Indirect Tax returns • Assisting the members of the VAT team to prepare the quarterly returns for review • Ensure all VAT adjustments that are not posted but supplied within the VAT return periods are verified, accounted for and posted to the respective VAT GL codes • Following the submission of the returns ensure all VAT ledgers are cleared in a timely manner and reflect the correct payment allocations by entity and VAT GL code • Monitor the payments on account schedule and ensure balances are settled in advance of the due dates • Use the VIES tool to validate EU VAT numbers and where applicable, liaise with client service teams to update invalid VAT numbers • Prepare the ECSL return and schedule for bulk upload onto the HMRC portal Internal VAT helpline • Contact client service teams for supporting information when requesting billing code amendments • Carrying out sample checks of fee notes issued by KPMG to ensure billing code amendments approved by the VAT team agree Roles & responsibilities KPMG's Partnership Tax Team forms part of the UK firm's in-house finance function, which is part of KPMG Business Services. The team is responsible for all aspects of the UK firm's internal tax affairs, covering corporate tax, overseas tax, VAT, employment tax and the personal tax affairs of the partners. Key responsibilities The key responsibility of this role is: preparation of month end VAT reporting; reconciliation of VAT and expense general ledger codes; preparation & submission of VAT returns and EC Sales Returns; and assisting with the provision of VAT guidance & training to internal stakeholders of KPMG. VAT month end reporting • Running monthly SAP reports and preparing files for review, ensuring all necessary supporting schedules have been obtained and validated • Reviewing tax coding for specific tax codes on fee notes and sundry invoices • Completing the monthly reconciliation of VAT GL account codes • Contacting and following up with users who have posted entries with incorrect tax codes • Reviewing multiple expense general ledger codes to identify business entertainment • Carrying out sample VAT reviews of employee expenses claims submitted via the employee expenses system VAT and other Indirect Tax returns • Assisting the members of the VAT team to prepare the quarterly returns for review • Ensure all VAT adjustments that are not posted but supplied within the VAT return periods are verified, accounted for and posted to the respective VAT GL codes • Following the submission of the returns ensure all VAT ledgers are cleared in a timely manner and reflect the correct payment allocations by entity and VAT GL code • Monitor the payments on account schedule and ensure balances are settled in advance of the due dates • Use the VIES tool to validate EU VAT numbers and where applicable, liaise with client service teams to update invalid VAT numbers • Prepare the ECSL return and schedule for bulk upload onto the HMRC portal Internal VAT helpline • Contact client service teams for supporting information when requesting billing code amendments • Carrying out sample checks of fee notes issued by KPMG to ensure billing code amendments approved by the VAT team agree Roles & responsibilities KPMG's Partnership Tax Team forms part of the UK firm's in-house finance function, which is part of KPMG Business Services. The team is responsible for all aspects of the UK firm's internal tax affairs, covering corporate tax, overseas tax, VAT, employment tax and the personal tax affairs of the partners. Key responsibilities The key responsibility of this role is: preparation of month end VAT reporting; reconciliation of VAT and expense general ledger codes; preparation & submission of VAT returns and EC Sales Returns; and assisting with the provision of VAT guidance & training to internal stakeholders of KPMG. VAT month end reporting • Running monthly SAP reports and preparing files for review, ensuring all necessary supporting schedules have been obtained and validated • Reviewing tax coding for specific tax codes on fee notes and sundry invoices • Completing the monthly reconciliation of VAT GL account codes • Contacting and following up with users who have posted entries with incorrect tax codes • Reviewing multiple expense general ledger codes to identify business entertainment • Carrying out sample VAT reviews of employee expenses claims submitted via the employee expenses system VAT and other Indirect Tax returns • Assisting the members of the VAT team to prepare the quarterly returns for review • Ensure all VAT adjustments that are not posted but supplied within the VAT return periods are verified, accounted for and posted to the respective VAT GL codes • Following the submission of the returns ensure all VAT ledgers are cleared in a timely manner and reflect the correct payment allocations by entity and VAT GL code • Monitor the payments on account schedule and ensure balances are settled in advance of the due dates • Use the VIES tool to validate EU VAT numbers and where applicable, liaise with client service teams to update invalid VAT numbers • Prepare the ECSL return and schedule for bulk upload onto the HMRC portal Internal VAT helpline • Contact client service teams for supporting information when requesting billing code amendments • Carrying out sample checks of fee notes issued by KPMG to ensure billing code amendments approved by the VAT team agree Experience Level Senior Level

Other Details

  • It is a Full Time Accountant job for candidates with 5 - 6+ years Experience.

More about this Senior Tax Analyst - VAT and Indirect Tax Reporting job

  1. Who is eligible to apply for this Senior Tax Analyst - VAT and Indirect Tax Reporting job at Kpmg India Services Llp?
    Ans : Candidates should have All Education levels for this Senior Tax Analyst - VAT and Indirect Tax Reporting job offered by Kpmg India Services Llp.
  2. How much can you earn in this position?
    Ans : Salary details will be shared during the hiring process.
  3. What shift and timings does this job follow?
    Ans : This Senior Tax Analyst - VAT and Indirect Tax Reporting job follows a Day shift.
  4. Do you need to visit the office for this job?
    Ans : Yes, candidates need to visit the office and work from the location in Harohalli, South Bangalore, Bangalore.
  5. How many vacancies are there for this Senior Tax Analyst - VAT and Indirect Tax Reporting job?
    Ans : There is 1 vacancy for this Senior Tax Analyst - VAT and Indirect Tax Reporting role.
  6. Is this job open for all genders?
    Ans : Yes, this Senior Tax Analyst - VAT and Indirect Tax Reporting job is open for both male and female candidates.
  7. What is the job location for this position?
    Ans : The job location for this Senior Tax Analyst - VAT and Indirect Tax Reporting position is Harohalli, South Bangalore, Bangalore.
  8. What makes this Senior Tax Analyst - VAT and Indirect Tax Reporting job a good opportunity?
    Ans : The employer has not disclosed the salary for this role, but it is a Full Time opportunity with 1 opening.
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Contact Person

KPMG INDIA SERVICES LLP
Posted 10+ days ago
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