VAT Accountant

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • BGC Partners
  • 21 Aug 17

BGC Partners are looking for an experienced VAT Accountant to join the London team.

Main purpose of the role:

Preparation of Group VAT returns and act as a focal point for VAT accounting and reporting.

Key responsibilities:

  • To maintain and calculate the UK Group VAT liability in accordance with legal requirements, and produce the UK VAT Return for submission to HMRC. 

  • To ensure that the Periodic VAT journals are uploaded to GL on a timely basis, and that a robust control environment exists around the Management Accounts VAT process. 

  • To reconcile the VAT balance sheet accounts on a timely basis. 

  • To liaise with our internal and external auditors to ensure a smooth quarterly and year-end process. 

  • Conduct a continual process review – maintain an up to date manual of the VAT return process. 

  • Monitor and challenge manual postings to VAT accounts. 

  • Timely and accurate production of overseas VAT returns. 

  • Assistance with other transaction taxes including Financial Transaction Tax (FTT) and stamp duties as necessary.

  • Deal with ad hoc VAT queries and projects as they arise.

  • Monitor and challenge PESM.

  • Liaise with external advisers and colleagues in other departments.

Skills / experience:

  • Part/Qualified CIMA/ACCA/ACA 

  • Previous experience of completing VAT returns and a (minimum) basic understanding of HMRC compliance/VAT accounting. 

  • Previous experience of working in a partially exempt business advantageous.

  • Excellent Excel skills and knowledge of finance systems (Oracle). 

  • Able to investigate and amend reported financials to remove known inaccuracies.  

  • A drive to fully understand the detail and resolve issues in the correct way. 

  • Ability to work autonomously and under pressure. 

  • Encouraged to automate/change existing processes to increase efficiency and effectiveness

Personal attributes:

  • Team player

  • Resilient 

  • Good communication skills – in writing and in liaising with others and ability to work as part of an international team.

  • Able to work on their own and to undertake research.