VAT Analyst

This is a fully remote position, open to applicants in Hungary.

📋 Description

• Gather, verify, and reconcile data to prepare and submit timely and precise periodic VAT returns, Intrastat declarations, and EC Sales Lists.

• Ensure that all financial transactions are accurately coded in the ERP system to enable appropriate VAT treatment (e.g., correct tax codes for cross-border services, exports, and reverse charges).

• Conduct monthly reconciliations of VAT accounts in the General Ledger to confirm that the reported tax aligns with the financial records.

• Manage the timely payment of VAT obligations to various tax authorities to prevent penalties and interest.

• Monitor local and international indirect tax changes and apply them during internal processes.

• Offer guidance to Procurement, Accounts Payable, and Sales teams regarding the correct application of VAT for complex transactions, including imports/exports and multi-jurisdictional projects.

• Establish and document robust internal processes for indirect tax (SOX compliance), ensuring the accuracy of the tax determination engine within the ERP system.

• Serve as the main point of contact for tax audits.

• Gather documentation, address inquiries from tax authorities, and implement corrective actions as necessary.

• Collaborate with IT and Finance teams to troubleshoot and enhance the automated tax determination logic within ERP systems (e.g., SAP/Oracle/Vertex/Sabrix).

• Identify opportunities to automate manual data collection and reporting processes to boost efficiency and minimize human error.

• Document Standard Operating Procedures (SOPs) for VAT processes to ensure consistency across various business units or countries.

⛳️ Requirements

• Bachelor’s degree or equivalent in a finance-related field.

• Proficient written and verbal communication skills in English and another language.

• Comprehensive understanding of VAT principles (e.g., Place of Supply rules, Reverse Charge Mechanism, Input VAT recovery).

• Knowledge of accounting principles.

• Strong analytical abilities.

• Excellent communication and influencing skills; adaptable to changes.

🏝️ Benefits

• No relocation assistance provided.