This position requires EU VAT Compliance related knowledge and working experience to handle the review of VAT return prepared by KPMG and also to guide/answer any queries from various cross functional skill team with respect to EU VAT.

EU VAT Knowledge and Working Experience is required

EU VAT – Indirect Tax Compliance related

 

Review KGSH prepared VAT returns against Ford books and TDH Provide approval for submission of VAT returns by KGSH Support transition of all of VAT returns to KGSH Ensure that Ford data to KGSH for VAT return preparation was provided as per agreed timelines Have regular Monthly Compliance call with KGSH Review Invoices based on threshold for the returns prepared by KGSH Handle Tax Jurisdiction queries Ensure audit related queries for EU VAT are handled asap Support review of “aged items” in EU tax accounts Regular review with Tax accounting team to understand the status of unreconciled accounts due to SL Ensure all data needed for Tax journals and payments are given to GBS Tax Accounting team Ensure that all required information is provided to VATIT Interact and work with Cross functional skill teams in case of any discrepancy in source system feed Work with Treasury team/Payables for any tax payments

 

EU VAT – Invoice Correction

Ensure invoices assigned to Invoice correction team are corrected and accounted Participate in meetings with Supplier for any queries with respect to corrections Regular review of Invoice log with EU Indirect Tax Director Review the write off related invoices before assigned for EU OTC approval Provide metrics for A35 submission Ensure to share the invoice correction details to VAT returns handling team for 6th Directive and to GBS Tax accounting team for 8th Directive invoices Support queries from VATIT

Property Tax Compliance – US and support for accounting activities in Canada

Track completion of filing of Personal Property Tax returns Completion of processing tax bills Payment processing is completed on time Assessment notices are completed on time All data needed for Tax journals are given to GBS Tax Accounting team All Sub-Ledgers are submitted to GBS Account reconciliation team

UK Income Tax

Data collection from Statutory Accounting and Fixed Assets Accounting teams for UK entities on time Completion of preparation of Schedules on expense and income related to UK entities that support filing of Form CT600

Control Requirements

Review of metrics related to all of the above activities – Deliverable and Quality metrics Ensure process controls are adhered, and process improvements are made Understand and incorporate OTC objectives and review the progress against the objectives Ensure MCRP are completed within timelines and review the steps to ensure that gaps if any are addressed with a corrective action plan

People Leader role

Provide opportunities to the team to enhance their skill set Explore training opportunities and encourage team to attend the relevant trainings Complete the Performance related discussions based on the guidelines from HR Be part of objective setting discussions Have regular connect meeting with the team and guide them on their career growth Be a mentor to the team Ensure to backfill the open positions arising out of resignation or people movement