R2R VAT Accountant

2 weeks ago


Dublin, Dublin City, Ireland Cpl Full time

JOB SPECIFICATION

Job Title: Accountant – R2R VAT Accounting

Responsible to: Team Lead – R2R VAT Accounting

Job Purpose:

This role is an internal financial accounting and analysis compliance role working as part of the R2R Department within the GFS Shared Service Centre based in Ringsend, Dublin 4.

Overall Responsibility:

Complete VAT Reconciliations and Analytics, SAP Journals and Intercompany Recharges for all markets managed by GFS.

Provide accounting and compliance support to the Indirect Tax department.

Collaborate and liaise with the Indirect Tax team on adjustments/queries relating to VAT postings.

Key Areas of Responsibility:

·Understanding of the VAT processes, returns and related journals to ensure VAT position is accurately stated within the US GAAP General Ledger.

·Responsible for the monthly US GAAP financial reporting of VAT.

·Process Control - ensure accurate completion of all compliance work. Follow-up and resolve any errors or exceptions, including unreconciled or aged balances, affecting the US GAAP or Local GAAP Financial Statements.

·Focus on quality to ensure compliance with corporate policy and statutory requirements.

·Provide business units, GFS departments and GFS VAT Compliance Team with accurate and practical VAT-related accounting advice on a wide range of business issues across all countries managed by GFS.

·Manage errors and their aging to minimize the impact on financial results and avoid non-compliance with internal and external audits.

·Maintain and monitor processes and systems - monitor GL processes and systems to ensure that that they are efficient, accurate, up-to-date and comply with current regulatory requirements. 

·Assist in quality assurance processes in order to ensure that the SSC meets service level requirements for VAT & GL.

·Prepare for and attend Balance Sheet Reviews and deal with any action items or follow up where they occur.

·Complete commentary for quarterly VAT analytics on account variances in line with threshold requirements.

·Complete all PBC items required for internal and external audits, deal with any follow up queries.

·Assist the Indirect Tax team with any accounting queries that may arise from a Tax Audit.

Education, Skills and Experience Required:

Education:

·University Degree in Business, Finance, or Accounting

·Member of a Professional Accountancy body preferred

·Will consider candidates who are part qualified

Skills & Experience:

Challenging mindset – ability to understand the processes and question balances Solid accounting background with a desire to develop greater VAT knowledge Ability to develop and enforce a strong control environment Strong analytical skills and ability to provide oversight of the VAT position month-by-month Accounting experience required, preferably in a multi-national environment or large accountancy firm. Ability to work under pressure and to continual deadlines Ability to communicate clearly with global stakeholders including the ability to explain complex accounting rules to business teams in a practical, efficient and effective manner ERP experience, particularly SAP, is desirable Strong accounting, interpersonal, analytical thinking, and organizational skills
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