Mar 10, 2018

VAT Accountant Job Careers - British Council

  • British Council
  • Sharjah - United Arab Emirates
Full time Accounting and Auditing Jobs

Job Description

Job Title:  VAT Accountant

Company Name: British Council 

Location: Sharjah, United Arab Emirates (UAE)


Job Summary: The VAT Accountant will be responsible for ensuring operational compliance with the local legislation governing VAT in their particular country. The post holder is responsible for preparing timely VAT returns, in line with legal requirements for filing, along with all related analysis, reconciliations, and, where required, language translation. The post holder is also responsible for organising and maintaining books and records as required under local legislation, and for supporting any inspections and audits. Where necessary, the post holder will meet tax authorities. The post-holder will also be the primary point of contact for operational queries and issues arising as a result of the introduction of VAT, ensuring advice offered is approved by Global Tax Team in London and/ or Deloitte as external tax advisors, where necessary.  Additionally the finance function across the MENA region, including the Gulf, has been restructured into a remote cluster model which will have a direct impact on the processes and training for VAT since we no longer have finance staff in each country, though both VAT Accountant posts are country based roles


Key Duties and Responsibilities:

  • For both the UAE & KSA tax is a new concept and it is expected that there will be a lot of confusion across suppliers and customers in the initial period
  • Within the organization colleagues in KSA & UAE are not used to dealing with taxes and many country staff have not worked before with indirect taxes
  • As a new tax, there is still uncertainty about the application of the tax to our local operating context, plus the legislation does not give all of the information that we need so judgement needs to be applied, with the Global Tax Team and external tax advisors Deloitte

Completing the VAT return

  • Preparation of the VAT return in a timely manner in line with the requirements of local legislation. Ensuring the VAT return is then appropriately approved internally ahead of filing
  • Ensuring appropriate chart of accounts structure exists to capture data, and SAP reports exist to extract data required for VAT return
  • During the initial transition period, reviewing transactions that cut across the VAT implementation date and ensuring appropriate transitional rules are applied
  • Assisting with system testing associated with VAT
  • Ensuring systems are up to date for VAT rate changes
  • Monitoring VAT (Value Added Tax) calendar, including all tax payments, to ensure compliance with KSA/UAE tax authority’s deadlines
  • Preparation of compliance checklist covering statutory compliances that needs to be followed by British Council
  • Preparation of VAT balance sheet reconciliations by set datelines
  • Reviewing and analyzing employee expense process for VAT purposes
  • Monitoring of VAT queries, ensuring prompt response to all issues within strict timeframe

VAT Audits

  • Ensuring all necessary documents are stored as required by the local legislation, including supporting statements around areas of judgement that have been taken. Ensuring approvals which have been given by Global Tax Team and/ or technical tax advisors Deloitte
  • Supporting any VAT audit process and ensuring all necessary documentation is made available
  • Providing the tax inspector with the appropriate documents and analysis needed for the inspection process
  • Support Global Tax Team with the preparation of communications to be sent to the tax authorities


Qualifications, Skills and Experience: 

  • The applicant must hold a University Degree
  • The applicant should have Internationally recognized accounting qualification
  • Three years of post qualification experience, or internationally recognized tax qualification with 2 years post qualification experience.
  • SAP experience
  • Experience of indirect tax, regardless of jurisdiction in which the experience was gained
  • Fluency in written and spoken English
  • Shortlisted candidates will either demonstrate they have met the required standard through presentation of an agreed English language certificate, or will be required to take the APTIS test and demonstrate a C level of English proficiency

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