VAT Analyst

Job Description

Job Summary: LKQ Europe finance function is responsible for finance in the five regional businesses, components, and the head office entities, and is headed by the European CFO. The LKQ Europe finance function is divided into financial planning and analysis, accounting operations, business control, risk and internal control, treasury, and tax. The European tax function is headed by the European Tax Director, who is responsible for the tax function in the five regional businesses, components, and the head office entities. Run VAT reports monthly, review output obtaining additional information where necessary. Investigate and monitor VAT anomalies from reports, ensure corrected in the system and amended in VAT return if necessary. Analysis of data/ general ledger code/ expenses review. Check postponed VAT accounting information Prepare VAT return / review VAT return output. Reconcile VAT return to VAT account Provide journals for VAT adjustments Request VAT payments Calculate VAT on reverse charges EU inter-company. Validate VAT on transactions within and outside EU for VAT return Intrastat, SAFT and ECSL. Identify, report and advise the management on probably risks and options to mitigate the VAT compliance risks of various EU countries Basic Qualifications : Education & Experience: Graduate/postgraduate qualification in commerce/management stream Preferably 3 - 5 years of experience in European VAT domain in a corporate/multinational environment Knowledge/Skills/Abilities: Accurate and efficient accounting skills, strong knowledge of Tax/European VAT and business finance concepts. Strong familiarity with Financial systems, ERP and data inter-dependencies across numerous systems Excellent analytical skills, technical and problem-solving skills Ability to communicate with Stakeholders and Finance leaders at all levels of the organization Ability to adapt to a fast paced continually changing business and work environment Enthusiastic team player who is self-motivated and can work independently and as part of the team Good interpersonal and professional communication skills, both spoken & written Proficiency in Microsoft Office, with strong Excel/PowerPoint skills required