VAT Analyst Job Description

VAT Analyst Job Description

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VAT analyst provides complete, accurate and timely VAT advice to colleagues in the business to ensure VAT effective operation – referring to European VAT Manager where necessary.

VAT Analyst Duties & Responsibilities

To write an effective VAT analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included VAT analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

VAT analysis work to determine claimable and non claimable VAT for invoices with detailed or non standard VAT treatment
Prepare the monthly and annually VAT reconciliation and VAT returns for the WB entities in Germany, Austria and Switzerland in cooperation with the external service provider and TW Tax Germany
Ensure quality and legal compliance in the area of VAT by random checks of VAT returns and other tax declarations before submission to local tax authorities
Continuous and strong support to the VAT Accountant in daily accounting operational activities
Manage the foreign VAT reclaim process, liase closely with local Tax consultants
Responsible for monthly reporting and review of VAT balances in compliance with IFRS and company Finance Manual
Compile and analyse all entries in VAT Registers of both Accounts Payable and Accounts Receivable
Accurate preparation and timely filing of VAT/ITX compliance across Europe using the technologies available in the Company
Drive preparation and review of VAT returns, work papers and payments
Manage and prepare reconciliations of VAT general ledger accounts

VAT Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for VAT Analyst

Typically a job would require a certain level of education.

Employers hiring for the VAT analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Economics, Law, Accountancy, Business, Business/Administration, Finance/Accounting, Education, Associates

Skills for VAT Analyst

Desired skills for VAT analyst include:

Excel
SAP system is an asset
MS Office
Indirect Taxes
SAP
VAT
ERP systems
VAT Principles that apply to the business and keep up to date with changes
VAT and Accounting Principles
European VAT and corresponding filing requirements

Desired experience for VAT analyst includes:

Basic knowledge in Accounting
At least 1 y of working experience in department like AP, AR or GL
Bachelor's degree or Master's degree in Business/Administration/IT
Economical background would be an advantage
Fluent business English (other European language would be advantageous)
Masters degree in Finance, Economics or Business Administration with a minumum of 2 years of relevant experience

VAT Analyst Examples

1

VAT Analyst Job Description

Job Description Example
Our innovative and growing company is hiring for a VAT analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for VAT analyst
  • Support the Tax & VAT Migration & Audit Team and/or Business VAT and Corporate VAT Managers (Country/Regional & Technical/Policy) in any external & internal audits
  • Prepare review and maintain VAT registrations
  • Research and evaluate VAT implications of new products or business deals
  • Provide support for and manage VAT audits
  • Respond to VAT notices
  • Work with Accounts Payable, Accounts Receivable & business units to resolve VAT issues
  • Assist the VAT Manager with research and special projects as issues arise
  • Maintain VAT Tracker and Payment Matrix
  • Update JDE and KIWI for VAT Rate Changes and test system changes
  • Work with Global VAT Manager to identify areas of exposure
Qualifications for VAT analyst
  • Monthly accounting tasks (ie
  • Support audits/queries
  • Identify any system changes including submission of change controls
  • University degree within Finance, Accounting or banking
  • Qualified accountant or strong finalist
  • Degree in Accounting, Business, Finance, Information Technology or equivalent
2

VAT Analyst Job Description

Job Description Example
Our company is searching for experienced candidates for the position of VAT analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for VAT analyst
  • Assisting in the provision of VAT advice to all business units
  • Assist in resolving any internal VAT issues
  • Supporting the Head of VAT in dealing with queries from tax authorities
  • Work closely with internal and external shared service centers to ensure VAT compliance
  • Prepare governmental and VAT related statistics
  • Business Partner and Finance contact for all VAT related tasks
  • Assist the Manager Accounting in VAT/ tax related aspects of monthly/ quarterly/ annual closings and audits
  • Act as special matter expert (VAT) in projects
  • Oversee VAT process for Europe region
  • Approve and manage approval of VAT returns and other associated tax and statistical declarations
Qualifications for VAT analyst
  • Strong analytical, IT and data manipulation skills
  • Abililty to develop and maintain strong relationships with senior stakeholders and seperate project teams
  • Act as a trustworthy business partner to Business Units/other stakeholders and go further where consultants usually stop
  • 3+ years experience in MNC and/or Big4 environment
  • Ability to effectively contact internal stakeholders and taxing authorities for additional information, clarification on ongoing issues
  • Drive and determination to obtain understanding of complex, business-driven transactions and report these accurately according to the appropriate accounting standards
3

VAT Analyst Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of VAT analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for VAT analyst
  • Build, maintain and govern processes surrounding VAT automation following newly incorporated SAP implementations
  • Overall assistance with VAT compliance obligations of TPCI in Italy and Europe, assistance with preparation/reconciliation and timely submission of VAT/Intrastat returns and EC Sales listing’s across numerous European countries including a review function
  • Assist Senior VAT Compliance Manager with day to day tasks required to run the business effectively, legislative research, confirmation of VAT treatment applicable to a flop, review and translation of important documents etc
  • Approve VAT payments
  • Drive for harmonization and simplification in all VAT processes
  • Coordinate and actively support on VAT matters in strategic projects
  • Coordinate and support local tax inspections and provision of VAT relevant documents to tax inspectors
  • Support to other functions with VAT topics
  • Prepare VAT returns and related supporting documentation for entities in compliance with country tax regulations
  • Planning – Assist business units to proactively identify VAT planning opportunities
Qualifications for VAT analyst
  • Prepare and submit German Intrastat returns as necessary
  • Prepare and submit UK Intrastat returns as necessary
  • Preparation and submission of Indirect tax compliance for all business units across multiple jurisdictions
  • Liaising with external Advisors in relation to Indirect tax compliance requirements
  • Assisting in Group wide projects to ensure our Indirect tax compliance requirements are maintained as the Group expands into multiple jurisdictions
  • AITI tax qualified
4

VAT Analyst Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of VAT analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for VAT analyst
  • Preparing VAT Returns and undertaking reviews of transactions to determine VAT recovery
  • Review of VAT write-offs
  • Manage the adjustments derived from the VAT returns reconciliations with the GL in working collaboration with the country accounting teams by liaising with the relevant teams to obtain accurate data and documentation and ensure all adjustments are completed
  • Ability to support and advise the business in basic business transactions and sales support from a VAT prospective
  • Acquire working knowledge of bespoke CARDEX system and its impact on the VAT reporting and accounting on day to day business
  • To prepare and deliver quality Indirect Tax reports as required by internal or external requirements on time (Vat declarations, Tax audits, .)
  • Prepare and submit European VAT returns
  • Prepare and submit VAT returns, in particular for electronically supplied services (ESS)
  • Prepare and submit Italian VAT returns
  • Assist with ensuring efficient working of VAT compliance process
Qualifications for VAT analyst
  • Proven VAT compliance experience, including experience of preparing returns across multiple European jurisdictions
  • Intermediate/advanced Excel skills and a willingness to use technology to complete/ improve daily tasks
  • Proven track record in the provision of high value tax work
  • A proactive individual who strives to deliver high quality results and who is continuously looking for new and innovative solutions to issues to develop and improve systems and processes
  • Demonstrates good judgement and a commitment to an open and transparent way of working
  • Technical Knowledge on sales and services taxes as well in taxes obligations
5

VAT Analyst Job Description

Job Description Example
Our growing company is looking for a VAT analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for VAT analyst
  • Manage response to VAT queries and requests from the tax authorities in all jurisdictions
  • Ensure that country specific VAT info sheets and internal procedure documents are corrected and continually kept up to date
  • Responsible for accuracy and quality of VAT compliance within specific region
  • Working with Indian and UK teams to deliver VAT returns to clients
  • Sending client VAT Returns within strict deadlines
  • Prepare European VAT returns and related filings
  • Assist with VAT registrations across various jurisdictions
  • Assist in the mapping of VAT processes, the implementation of improvements
  • Prepare month-end VAT account reconciliations
  • Provide VAT compliance support to colleagues throughout the business and, in particular, accounting groups
Qualifications for VAT analyst
  • Support the monthly reporting under US-GAAP and participate in coordinating the periodic closing processes
  • Support preparing statutory Financial Statement (Local GAAP)
  • Monitor & track tax postings and corresponding payments
  • Support Time Warner Tax Department in case of audits
  • Coordinate Finance tasks related to the accounting and payment of income taxes
  • Liaise with domestic and international affiliate companies and divisions as appropriate and give guidance and training to other departments and shared service centers (EFS or SDC)

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