European VAT Compliance and Accounting Analyst

Who are we?
NEC is a leading global manufacturer and service provider of telecommunication, computer and electronic devices, NEC has devoted more than 100 years of technological innovation to providing its customers with solutions of genuine value through innovative technologies for everyday use, as expressed in its slogan, "Orchestrating a brighter world".

NEC maintains a worldwide network of subsidiary companies, which includes operations in Europe where NEC performs various sales, manufacturing, and R&D functions. Today, NEC Europe has more than 20 branches and subsidiaries throughout Europe, employing approximately 1500 personnel, located across Europe, Russia, Africa and the Middle East.

Role Purpose
The role will be responsible for preparing, reviewing and submitting approx. 10-15 VAT including EC Sales/Intrastat returns across Europe for several European NEC entities. The VAT compliance activities and managing VAT compliance tracker across Europe region is a vital function in the Shared Service Centre in the UK. In this role we are looking for a team player, a self-starter and someone who has a meticulous approach towards compliance work.

VAT

• Preparing and submitting approx. 10-15 VAT including EC Sales/Intrastat returns across Europe
• Responsible for carrying out monthly/quarterly and annual VAT reconciliation for GL codes across Europe.
• Monitor and advise relevant CA’s regarding European VAT legislation
• Responsible for correct SAP master data management from a VAT perspective
• Maintain internal relations with and support ad hoc VAT queries from departments like Finance, Supply Chain, Procurement and Legal
• Supporting and responsible for relations with third parties including Tax Authorities in cooperation with local tax advisors and finance departments
• Knowledge of VAT Triangulation and Reverse charges rules
• Understanding Incoterms (International Commercial Terms) and impact of selecting incorrect incoterms on Indirect tax obligations.

General Finance and accounting

• Responsible for general accounting (R2R) processes in various NEC entities
• Support KPMG audits in various NEC entities
• Support in tax and statutory accounts processes – i.e., VAT reconciliation, other tax compliance and support statutory accounts finalization where and when required
• Support Tax and VAT audits
• implement change to processes and controls within the supply chain and procurement management
• Take an ownership for the system design and improvements of the product and service flows from a tax perspective and work together with other stakeholders in finance, procurement, supply chain, logistics and IT
• Implement and sustain tax data quality standards in financial systems to enhance Indirect tax processes, operations, and effectiveness
• Implement processes and procedures to reduce risk for supply chain, logistics and VAT, understanding and awareness of the cross over between these three departments

Other Requirements

• Have 4-5 years of experience of working with supply chain/logistics, accounts payable, accounts receivable, payments, tax, and IT (SAP) team.
• Have good knowledge of SAP system.
• have a VAT, Intrastat, European sales, and logistics background in previous in-house role
• Have extensive experience in multi vat registered and international business with complex supply chain structures with multiple parties
• Reporting to EMEA tax manager
• Responsibility for VAT and accounting processes, entities and/or regions – this may change over time
• Support additional project related work with managers and senior managers.
• Has good practical knowledge of business requirements and challenges to adapt to the changing (technology) landscape and data driven VAT compliance and reporting.
• Is a team player, a self-starter and has a meticulous approach towards compliance work

A successful candidate will have the opportunity to manage and work with various entities in the region and also collaborate on a global level with the Global Tax office in Japan as well as other global tax professionals.

A successful candidate embraces challenges, thrives in fast paced work environment and adapts easily to new and changing business and organizational realities.

A successful candidate is expected to be flexible with a can-do attitude who takes ownership of responsibilities and activities within the Tax and Finance teams.

This is a hybrid role (partly remote working); the candidate will be expected to travel to the NEC offices within the region whenever required for 1-2 days a week.