Indirect Tax Manager
- Recruiter
- EDF Energy
- Location
- Farringdon
- Posted
- 07 Jul 2018
- Closes
- 27 Jul 2018
- Job role
- Accountant
- Sector
- Accounting - Public practice
- Experience level
- Manager
Company description:
EDF Energy is a core part of the EDF Group, one of the largest energy companies in Europe with key business operations in the UK, France, Italy and Belgium. We're the UK’s largest producer of low-carbon electricity, the biggest supplier of electricity by volume in Great Britain, the largest supplier to British businesses and we employ more than 13,000 people. We operate nuclear, coal and gas power stations, wind farms, and combined heat & power plants. We have a focus on safe, dependable energy generation and an ethos of service excellence. We are playing a leading role in new nuclear build in the UK to secure a bright future for the combined business and its employees.
Job description:
Indirect Tax Manager
Location: 90 Whitfield Street London
Permanent Contract
Salary + Benefits: Salary TBC; EDF Pension; up to 10% company bonus; Flexible Benefits; 25 Days holiday + Bank Holidays
Closing date: Monday 23rd July 2018
Vacancy Overview
The purpose of the role is twofold: to ensure that the processes and controls operated by the business are sufficiently robust from an indirect tax perspective and that business transactions are organised in the most VAT efficient way.
Nature and Scope
The post-holder will liaise with financial and other staff within the EDF Energy group of companies, joint ventures and associated companies ensuring that the indirect tax returns, payments and repayments are made in a timely manner. Any errors will need to be disclosed and settled with HMRC, minimising any potential interest or penalties.
The job requires an individual who is a qualified accountant and who has commenced or completed studies for an indirect tax qualification. They must be able to liaise with a range of people across the Company at an appropriate level and ultimately to work with a minimum of supervision, managing their own workloads and priorities. Flexibility and a sound knowledge of indirect taxes are essential as they will be involved in answering HM Revenue and Customs queries in respect of a range of business activities across all EDF Energy companies. Computer literacy particularly in Excel and Word is essential and knowledge of SAP accounting systems and customer billing systems would be an advantage.
The role has line management responsibility and is expected to contribute to the overall Indirect Tax strategy and agenda.
The post-holder will be a member of the Tax Team and will be expected to play an active role within it. They will be required to grow the role and to take on responsibilities from their line manager over time.
Dimensions:
Managing a tax throughput of c. £3bn
Tax at stake on individual issues usually exceeds £1m and often exceeds £10m
Mainly UK centric, but the global nature of the supply chains results in international issues arising from time to time
Principal Accountabilities
The Indirect Tax Manager requires a flexible approach to meet the changing commitments of the Company:
Ensuring that quality processes and controls are maintained throughout the business through the operation of an Indirect Tax Control Framework, training and audit activity
Ensuring that all indirect tax returns are submitted accurately and on time by managing others
Using exception reporting to quality assure the data that feeds into the various returns and resolving any issues identified through the use of that reporting
Ensuring that the tax applied to transactions is as accurate as possible, focusing on areas of particular complexity e.g. validity of Certificates of VAT Declaration, operation of de minimis and accuracy of billing tax tables
Dealing with audits, correspondence and notices from HMRC. Reviewing changes in the legislation and outcomes of cases to ensure the business correctly accounts for indirect taxes and achieves all benefits attainable;
Providing advice on acquisitions and disposals, contracts and transactions and managing project work
Discovering and reporting any errors and benefits via voluntary disclosure, working with the Business Units to improve systems accordingly. Working with HMRC to ensure interest and penalties costs are minimised;
Constantly reviewing processes to ensure indirect taxes are reported in a efficient manner, reducing the tax burden and compliance costs within the business;
Providing all round support on new systems projects, from design documents to testing and implementation;
Line management of a small team;
Any other duties commensurate with a tax role at this level
The above does not represent an exhaustive list of tasks. The role will be subject to variety of the needs and workload of the wider team.
Knowledge, Skills, Qualifications, Experience
CTA, ACCA, CIMA qualified or equivalent experience
A sound knowledge of VAT, CCL and other indirect taxes and an ability to apply knowledge in a commercial way
Very strong attention to detail;
Ability to deal with significant amounts of ambiguity and to resolve complex problems
Solution orientated approach to work
Ability to prioritise a large and complex workload;
Ability to work independently and to tight deadlines;
Excellent verbal and written communication skills
Intermediate excel skills and experience of SAP Financials; and
An analytical approach
Seeked profile:
The purpose of the role is twofold: to ensure that the processes and controls operated by the business are sufficiently robust from an indirect tax perspective and that business transactions are organised in the most VAT efficient way.