VAT Associate

About the role

Accountree is looking for a VAT Associate to join its accounting and tax team. The role involves preparing and submitting VAT returns, reviewing VAT records, ensuring compliance with HMRC requirements and communicating with UK-based clients. It is an in-person position.

Key responsibilities

• Prepare and review UK VAT returns accurately and within statutory deadlines, in line with current UK VAT legislation and HMRC requirements.
• Review client bookkeeping records and identify VAT-related discrepancies or errors, and perform VAT reconciliations and investigations of variances.
• Review purchase and sales invoices to ensure the correct VAT treatment has been applied, and identify and resolve VAT errors, omissions and inconsistencies.
• Assist clients with VAT queries and guide them where required; liaise with clients to obtain missing information.
• Ensure timely submission of VAT returns through HMRC-approved systems and monitor VAT deadlines.
• Work with Making Tax Digital (MTD) for VAT requirements and maintain accurate VAT working papers, schedules and supporting documentation.
• Assist with VAT registrations, de-registrations and VAT scheme matters, and support compliance reviews and other indirect tax assignments.
• Coordinate with bookkeeping, accounting and tax teams, and escalate complex VAT issues to the manager or senior team member.
• Keep up to date with changes in UK VAT legislation and HMRC guidance, and handle client financial and tax information confidentially.

Required profile

• ACCA qualified, finalist or part-qualified, with 2-3 years of relevant experience in VAT, taxation, accounting or a UK accounting firm.
• Good understanding of UK VAT rules and regulations, and practical experience preparing and submitting UK VAT returns.
• Experience performing VAT reconciliations and reviewing VAT transactions.
• Excellent verbal and written communication skills.

Required skills

• Familiarity with HMRC VAT requirements and Making Tax Digital (MTD)
• Strong understanding of VAT treatment for sales, purchases, expenses and other business transactions