This position requires EU VAT Compliance related knowledge and working experience to handle the review of VAT return prepared by third party and also to guide/answer any queries from various cross functional skill team with respect to EU VAT.

EU VAT Knowledge and Working Experience is required

EU VAT – Indirect Tax Compliance related

 

Review third party prepared VAT returns against Ford books and TDHProvide approval for submission of VAT returns by third partySupport transition of all of VAT returns to third partyEnsure that Ford data to third party for VAT return preparation was provided as per agreed timelinesHave regular Monthly Compliance call with third partyReview Invoices based on threshold for the returns prepared by third partyHandle Tax Jurisdiction queries third partyEnsure audit related queries for EU VAT are handled asapSupport review of “aged items” in EU tax accountsRegular review with Tax accounting team to understand the status of unreconciled accounts due to SLEnsure all data needed for Tax journals and payments are given to GBS Tax Accounting teamEnsure that all required information is provided to third partyInteract and work with Cross functional skill teams in case of any discrepancy in source system feedWork with Treasury team/Payables for any tax payments

 

EU VAT – Invoice Correction

Ensure invoices assigned to Invoice correction team are corrected and accountedParticipate in meetings with Supplier for any queries with respect to correctionsRegular review of Invoice log with EU Indirect Tax DirectorReview the write off related invoices before assigned for EU OTC approvalProvide metrics for A35 submissionEnsure to share the invoice correction details to VAT returns handling team for 6th Directive and to GBS Tax accounting team for 8th Directive invoicesSupport queries from third party

Property Tax Compliance – US and support for accounting activities in Canada

Track completion of filing of Personal Property Tax returnsCompletion of processing tax billsPayment processing is completed on timeAssessment notices are completed on timeAll data needed for Tax journals are given to GBS Tax Accounting teamAll Sub-Ledgers are submitted to GBS Account reconciliation team

UK Income Tax

Data collection from Statutory Accounting and Fixed Assets Accounting teams for UK entities on timeCompletion of preparation of Schedules on expense and income related to UK entities that support filing of Form CT600

Control Requirements

Review of metrics related to all of the above activities – Deliverable and Quality metricsEnsure process controls are adhered, and process improvements are madeUnderstand and incorporate OTC objectives and review the progress against the objectivesEnsure MCRP are completed within timelines and review the steps to ensure that gaps if any are addressed with a corrective action plan

People Leader role

Provide opportunities to the team to enhance their skill setExplore training opportunities and encourage team to attend the relevant trainingsComplete the Performance related discussions based on the guidelines from HRBe part of objective setting discussionsHave regular connect meeting with the team and guide them on their career growthBe a mentor to the teamEnsure to backfill the open positions arising out of resignation or people movement