OTC- Manager

This position requires EU VAT Compliance related knowledge and working experience to handle the review of VAT return prepared by KPMG 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 KGSH prepared VAT returns against Ford books and TDH
• Provide approval for submission of VAT returns by KGSH
• Support transition of all of VAT returns to KGSH
• Ensure that Ford data to KGSH for VAT return preparation was provided as per agreed timelines
• Have regular Monthly Compliance call with KGSH
• Review Invoices based on threshold for the returns prepared by KGSH
• Handle Tax Jurisdiction queries
• Ensure audit related queries for EU VAT are handled asap

• Support review of aged items in EU tax accounts
• Regular review with Tax accounting team to understand the status of unreconciled accounts due to SL
• Ensure all data needed for Tax journals and payments are given to GBS Tax Accounting team
• Ensure that all required information is provided to VATIT
• Interact and work with Cross functional skill teams in case of any discrepancy in source system feed
• Work with Treasury team/Payables for any tax payments

EU VAT - Invoice Correction

• Ensure invoices assigned to Invoice correction team are corrected and accounted
• Participate in meetings with Supplier for any queries with respect to corrections
• Regular review of Invoice log with EU Indirect Tax Director
• Review the write off related invoices before assigned for EU OTC approval
• Provide metrics for A35 submission
• Ensure to share the invoice correction details to VAT returns handling team for 6 th Directive and to GBS Tax accounting team for 8 th Directive invoices
• Support queries from VATIT

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

• Track completion of filing of Personal Property Tax returns
• Completion of processing tax bills
• Payment processing is completed on time
• Assessment notices are completed on time
• All data needed for Tax journals are given to GBS Tax Accounting team
• All 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 time
• Completion 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 metrics
• Ensure process controls are adhered, and process improvements are made
• Understand and incorporate OTC objectives and review the progress against the objectives
• Ensure 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 set
• Explore training opportunities and encourage team to attend the relevant trainings
• Complete the Performance related discussions based on the guidelines from HR
• Be part of objective setting discussions
• Have regular connect meeting with the team and guide them on their career growth
• Be a mentor to the team
• Ensure to backfill the open positions arising out of resignation or people movement