HybridTwo days in the office per week; three days may be worked from a location of your choice.
About the job
Requirements
Previous knowledge and understanding of value-added tax and preparing value-added tax returns.
Experience with partial exemption.
Working knowledge of corporation tax.
Previous experience of working in corporate and deferred tax accounting.
Experience of working in a tax compliance or advisory role within a commercial environment, HM Revenue and Customs, or practice.
Proficiency in Microsoft Office software, including intermediate or advanced Microsoft Excel.
Strong written and verbal communication, including confidence in presenting.
Good time management and organisational skills.
Ability to work effectively with all levels of staff and external partners.
Keen attention to detail.
Responsibilities
Support the Tax Manager on taxation matters involving certain United Kingdom subsidiaries.
Produce International Financial Reporting Standards tax accounts covering current and deferred corporation tax for financial statements.
Prepare corporation tax numbers for half-yearly and yearly reporting in CONETS to Japan.
Prepare corporation tax returns using Alphatax and submit yearly corporation tax returns to HM Revenue and Customs.
Liaise with external advisors to ensure compliance with increased international tax obligations, including the Base Erosion and Profit Shifting initiative.
Assist the Tax Manager in ensuring transfer pricing compliance.
Monitor Group Relief claims or surrenders and manage payments for losses transferred to or from other entities.
Produce quarterly value-added tax returns to ensure value-added tax compliance.
Assist the Tax Manager with preparing and submitting Pay As You Earn Settlement Agreement claims and incentive scheme reporting, ensuring new areas are captured for compliance.
Maintain the Senior Accounting Officer compliance process.
Maintain tax procedures.
Set up tax processes for new entities with support from the Tax Manager.
Assist with CONETS preparation.
Provide treasury accounting cover.
Complete project work.
Perform other appropriate duties as required by the line manager.
Desired Qualifications
Experience of setting up tax affairs for acquisitions.
Experience using Alphatax.
Toyota Financial Services UK is seeking a Tax & Finance Projects Accountant to join our Finance team, offering a fantastic opportunity to develop specialist tax expertise while contributing to a range of business-critical projects.
This role would suit an individual who already has experience in tax and is looking to broaden their knowledge within a dynamic and supportive environment. Working closely with the Tax Manager, you'll gain exposure to a wide variety of tax matters and play an important role in ensuring compliance across several UK Toyota subsidiaries.
About the ‘Department’: Financial Accounting are responsible for keeping an accurate record of TFSUK’s total financial accounts, including our assets, equity, expenses and income revenue. Within the team there are a number of different functions, such as financial reporting, Accounts Payable, payroll and tax.
What you’ll be doing:
To support the Tax Manager on matters involving taxation for certain UK subsidiaries.
Production of IFRS Tax Accounts covering both current and deferred Corporation Tax for the financial statements.
Preparation of Corporation Tax numbers for half-yearly/yearly reporting in CONETS to Japan.
Preparation using Alphatax and submission of yearly Corporation Tax Return to HMRC.
Liaison with external advisors to ensure compliance with increased international tax burdens, such as the BEPs initiative.
Assist the Tax Manager in ensuring transfer pricing compliance.
Monitor any Group Relief claims or surrenders and manage payment for losses from/to other entities in respect of these.
Production of quarterly VAT Returns to ensure VAT compliance.
Assist the Tax Manager in the preparation and submission of the PAYE Settlement Agreement (PSA) Claims and Incentive Scheme Reporting where necessary and ensuring any new areas are captured so that we maintain compliance in this area.
Maintain the Senior Accounting Officer (SAO) Compliance process.
Ensure tax procedures are maintained.
Setting up of tax processes for new entities with support from the Tax Manager
Project/Financial accounting
Assistance in Conets preparation
Treasury accounting cover
Project work
General
Ensure procedures are maintained
Any other appropriate duties as required by line manager.
Key Experience & Skills:
Previous knowledge and understanding of VAT and preparing VAT returns.
Experience of partial exemption.
Working knowledge of Corporation Tax.
Previous experience of working in corporate and deferred tax accounting.
Experience of setting up tax affairs of acquisitions would be desirable.
Experience of working in a tax compliance or advisory role within a commercial environment, HMRC or in practice.
Proficiencies in using Microsoft Office software, including Excel at intermediate/advanced level.
Experience of using Alphatax and advantage
Attributes & Behaviours:
Good time management and organisational skills.
Strong written and verbal communication, including confidence in presenting.
Self-motivated and proactive worker.
Keen attention to detail.
Able to work effectively with all levels of staff and external partners.
At Toyota Financial Services (TFS) it is more than just an externally bench-marked salary and bonus, we also offer:
Hybrid working pattern is 2 days in the office and 3 days from a location of your choice.
Access to attractive car schemes for you (& your family) for Toyota & Lexus cars
Excellent pension scheme (up to 6% employee contribution and 15% employer contribution).
Generous annual leave of 25 days which increases with service and holiday purchase option
Private Medical Healthcare (single, partner/spouse and dependent children) with Digital GP Service
Group Income Protection cover with Aviva including physical, mental, and financial wellbeing services
Employee Assistance Program
Eye tests
Onsite gym, Sports and Social Club, & flu jabs to keep you healthy
Wellbeing hour each month and many more initiatives throughout the year to encourage a healthy mind and body, and to raise awareness and celebrate diversity, equity and inclusion.
Dress for your day policy to make you feel comfortable at work
Eco HQ, free parking & restaurant
Two volunteering days per year
Reward gateway voucher discounts
Flexible working scheme and we welcome flexible working conversations at interview
Regular 121s with your manager, a personal development review (PReview) each quarter
A wide range of learning & development opportunities including Linked In Learning courses
£250 contribution towards you learning something new outside of work
Annual events (e.g. summer party, BBQ & Xmas party) including Countdown to Christmas events every December - it is so much fun!
Our Recruitment Process
At Toyota Financial Services UK we value everyone and are pleased to be recognised as a Disability Confident Employer.
We are committed to supporting disabled applicants throughout the recruitment process. Should you meet the minimum criteria for this role and wish to apply under the DC scheme, you may be moved forward to the next stage. Please ensure to add this information into your application.
When it comes to recruitment, please do let us know if we can adjust our process to be meet your accessibility needs.
Some examples of how we might be able to help are listed below:
Providing a copy of interview questions before the interview
Organising a time and location that best suits you
Allowing additional time for the assessment and interview
We are happy to review any adjustment on a case-by-case basis to support you to be your best self.