We are currently seeking a highly motivated and detail-oriented Finance Reconciliation and Taxation Specialist to join our team. The ideal candidate will have a strong background in payroll reconciliation, vendor management, and tax compliance. This position requires exceptional organizational skills, a keen eye for accuracy, and the ability to work effectively under tight deadlines. If you have a passion for finance and enjoy working in a dynamic environment, we would love to hear from you.
As a Finance Reconciliation and Taxation Specialist, you will play a crucial role in ensuring the accuracy and promptness of payroll reconciliation, pension payments, and monthly expense processes. Your responsibilities will also include ensuring accurate VAT and tax payments and assisting with various tax-related tasks. Your meticulous attention to detail and commitment to maintaining high standards will contribute to the overall success of our finance team.
Reconciliation: You will be responsible for reconciling monthly payroll against BACS payment and preparing the necessary paperwork. Additionally, you will reconcile monthly pension deductions and Health Shield invoices against the provided documentation. Preparation of balance sheet reconciliations for agreed monthly/quarterly GL accounts and monthly VAT reconciliations will also be part of your role. You will reconcile withholding accounts monthly and ensure timely payment of PAYE to HMRC.
Accounts Payable: Managing vendor accounts will be an important aspect of your role. This includes setting up new vendor accounts, updating current vendor accounts, and maintaining vendor records in SAP. You will be responsible for paying all invoices within specified time frames and resolving any issues with colleagues, customers, or suppliers. Submission of month-end information to International Headquarters and monthly reconciliation of vendor statements will also be part of your responsibilities.
Taxation: You will prepare monthly EC Sales Declarations and VAT Returns for various countries. Assisting with Corporation Tax preparation, corresponding with Customs and Excise, and requesting funds from IHQ treasury for VAT payments will be part of your tax-related duties. Additionally, you will prepare Class 1A NIC payments and submit them to the Inland Revenue.
Qualifications and Requirements:
Bachelor’s degree in Accounting, Finance, or a related field.
Proven experience in payroll reconciliation, vendor management, and tax compliance.
Strong knowledge of payroll processes, VAT regulations, and tax requirements.
Proficiency in accounting software, SAP experience preferred.
Excellent attention to detail and accuracy.
Strong analytical and problem-solving skills.
Ability to work effectively in a fast-paced, deadline-driven environment.
Excellent communication and interpersonal skills.
English, Danish, Dutch, German, Finnish, Norwegian, Swedish
Salary: £26,000 – £30,000
Location: [Hertfordshire] Barnet
Job type: Permanent