OTC- Manager
Ford Motor Company
This position requires EU VAT Compliance related knowledge and working experience to handle the review of VAT return prepared by third party and also to guide/answer any queries from various cross functional skill team with respect to EU VAT.
**EU VAT – Indirect Tax Compliance related**
+ Review third party prepared VAT returns against Ford books and TDH
+ Provide approval for submission of VAT returns by third party
+ Support transition of all of VAT returns to third party
+ Ensure that Ford data to third party for VAT return preparation was provided as per agreed timelines
+ Have regular Monthly Compliance call with third party
+ Review Invoices based on threshold for the returns prepared by third party
+ Handle Tax Jurisdiction queries third party
+ 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 third party
+ 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 6 th Directive and to GBS Tax accounting team for 8 th Directive invoices
+ Support queries from third party
**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
EU VAT Knowledge and Working Experience is required
**Requisition ID** : 40913
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