UK VAT Manager

UK VAT Manager

Hertfordshire

Competitive Salary

Summary

Our Finance team has one of the broadest perspectives in the business - touching every part of Tesco PLC. We have a huge variety of departments from Tax and

Treasury to core Retail Finance. The size and reach of our business, not to mention our focus on value for customers, means it's vital for us to have exceptional financial management and planning strategies. The skills and knowledge of the people who work in Finance are key to serving Britain's shoppers a little better every day.

The Vat Manager will advise the business on VAT matters, particularly looking at issues and opportunities connected with the retail businesses. They ensure Tesco is VAT compliant but equally that its tax obligations are managed efficiently.

Keys Teams you the VAT Manager will Liaise with:

• Tax
• Legal
• Finance
• Product
• External advisers
• Technology
• Suppliers
• HMRC

Package

We offer excellent benefits that help make Tesco a great place to work. These include but aren't limited to:

• An annual bonus scheme which you can achieve up to 3% of base salary
• Colleague Clubcard (including a 2nd card for a family member) after 6 months service with 10% off most purchases at Tesco
• Holiday starting at 25 days plus a personal day
• A retirement savings plan - 4%-7% contribution rate
• Life Assurance - 5 x contractual pay
• Buy As You Earn Scheme
• Save As You Earn Scheme
• Deals & Discounts through Tesco including Tesco Mobile & Tesco Bank
• Deals and Discounts through many other external businesses

Main Responsibilities

• Auditing VAT rates set up within the different Tesco Product Files and managing a weekly review and checking process. This requires liaising with Commercial teams to ensure changes are made in a timely manner.
• Assisting the Product teams to meet their GSCOP obligations and the VAT issues that have arisen as a consequence. This includes ensuring VAT is correctly applied to the different types of Commercial Income.
• Resolving VAT queries with suppliers
• Working with the VAT Compliance Manager to ensure the Product area reports VAT correctly and that all VAT liabilities are accounted for at the right time.
• Dealing with HMRC enquiries and audits as appropriate.
• Providing VAT training to the business to ensure teams are aware of the VAT issues relevant to the Product area as a whole
• Monitoring changes in case law, legislation and regulations and communicating changes to the business to ensure that these are factored into new and existing initiatives.
• Working with the International Tax and Finance teams to support them on product related VAT issues
• Following our Business Code of Conduct and always acting with integrity and due diligence.

Ideal Candidate

• Work in a professional environment (practice and/or industry)
• Good working knowledge of UK VAT law
• Accountancy and/or Tax professional qualification
• Business Analysis
• Data Analysis
• Communication