Company DescriptionAspen TESS is Aspen's technology enabled shared services business, established to be a partner in unlocking business value through digital innovation and process efficiency. Aspen TESS will eliminate repetitive effort and use technology to optimise standardised processes, by delivering cost-effective services and innovative solutions to Aspen business units globally.OBJECTIVEThe Accountant: VAT will play a critical role in ensuring compliance with VAT regulations, optimizing VAT processes, and supporting the organization's financial objectives. This position requires a detail-oriented professional with strong analytical skills and in-depth knowledge of VAT laws and regulations.KEY RESPONSIBILITIESVAT Compliance:
Prepare and submit accurate VAT returns across multiple regions primarily Europe in accordance with deadlines.
Ensure compliance with local VAT laws and regulations.
Monitor changes in VAT legislation across European jurisdictions and implement necessary adjustments.
VAT Reconciliation:
Reconcile VAT accounts and resolve discrepancies.
Maintain accurate VAT records and audit trails.
Advisory and Support:
Provide advice on VAT implications for business transactions.
Collaborate with departments, especially the Group Tax team, to optimize VAT recovery.
Audit and Reporting:
Liaise with tax authorities, auditors & group tax during VAT audits.
Provide supporting documentation to auditors for VAT-related matters.
Prepare VAT reports for management and external stakeholders.
Budgeting and forecasting activities for VAT-related matters.
Training and Awareness:
Conduct training sessions to improve VAT compliance within the organization.
Stay updated on best practices and industry trends in VAT.
Statutory Accounting Support:
Assist with preparation of statutory financial statements in compliance with local accounting standards (e.g., GAAP, IFRS).
Provide information and support with respect to the filings for VAT, Corporate income tax, and other statutory taxes.
Qualifications and Experience: Educational Background:
Bachelorxe2x80x99s degree in Accounting, Finance, or a related field.
Professional qualification (e.g., CA, ACCA, CPA) preferred.
Experience:
Minimum 3 years of experience in VAT accounting or indirect taxation.
Experience in handling VAT for Europe is mandatory.
Technical Skills:
Proficiency in accounting software (e.g., SAP-S4HANA, Oracle, QuickBooks).
Proficiency in Business Intelligence tools such as Power BI.
Advanced knowledge of Microsoft Excel.
Soft Skills:
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Ability to work under pressure and meet deadlines.
Key Competencies:
In-depth knowledge of European VAT regulations and compliance requirements.