UK Tax Accountant in Chelmsford

Location: Chelmsford

Salary: Hidden

Recruiter: Teledyne UK

Job Hours: Full-time

Start your application for this job today

Apply Now

Description

Summary:

The role will focus on Corporation Tax and VAT compliance, reporting and accounting for Teledyne UK Limited. There are opportunities to expand the role to cover additional Teledyne entities in the UK and internationally.

The role will report directly to UK tax manager/director and will have a dotted reporting line to UK Compliance Controller for VAT aspects of the role.

The UK tax team is part of the Teledyne Group Tax team located across USA, Canada, UK and continental Europe.

There will be substantial coordination with the wider UK businesses both in Chelmsford and wider UK sites.

Strong team player with a flexible can do approach with strong attention to detail.

Essential Duties and Responsibilities include the following:

Corporation tax responsibilities:

Monthly, quarterly and annual preparation of current and deferred tax estimates for Teledyne Group US GAAP and UK statutory reporting including:

Preparation of general ledger journals

Preparation of current tax rollforward analysis (including tax payment and refund data) and deferred tax detail

Preparation of monthly and quarterly Group tax submissions

Supporting other ad hoc requests

Support preparation of corporate tax computations and returns in conjunction with outsourced tax provider and Statutory and Tax Accountant including:

Detailed analysis of tax sensitive GL accounts and fixed assets

Sales and profit analysis for UK patent box claims

Preparation of UK RDEC claims

Budget and regular forecast updates for:

UK Corporation Tax payments (including management of Group Payment Arrangement)

Effective Tax Rates

Provide support for any HMRC Corporation Tax inquiries and questions

Provide support for other ad hoc projects, including acquisitions and legal entity restructurings

VAT responsibilities:

Monthly preparation of Teledyne UK Limited VAT return, to include:

Review and consolidation of Business Unit (BU) provided data ensuring compliance with HMRC legislation

Coordinate analysis of PVA import VAT for recovery

Reconciliation of e2v UK VAT control accounts and settlement of BU VAT liabilities/refunds

Provide support on any HMRC VAT reviews and inquiries

Provide wider business with technical support on VAT matters, with support from UK tax manager and outsourced technical support

Oversight and ownership of SAP4Hana system with regard to VAT treatment, to include system testing and support of wider system improvements

Provide support for other ad hoc projects, including acquisitions and legal entity restructurings

Experience:

Ideally with a tax and/or accounting qualification, or qualified by experience

Experience of preparing VAT returns

Experience of ERP systems, ideally SAP/SAP4Hana

Experience of preparing tax packs/returns, ideally with exposure to tax software

Minimum of intermediate excel skills

Excellent planning and organisational skills

Teledyne and all of our employees are committed to conducting business with the highest ethical standards. We require all employees to comply with all applicable laws, regulations, rules and regulatory orders. Our reputation for honesty, integrity and high ethics is as important to us as our reputation for making innovative sensing solutions.