UK Taxation Expert (3-5 yrs)

Position: UK Taxation Expert

Location: Makarba, Ahmedabad.

Shift Timings:

UK Time Shift: 12:30 PM to 10:00 PM IST (Indian Standard Time).

Daylight Saving Time (DST): 1:30 PM to 11:00 PM IST (Indian Standard Time).

Job Overview:

- IMS Group is seeking a highly skilled and detail-oriented UK Taxation Expert to join our team.

- The ideal candidate will have extensive experience in UK taxation, bookkeeping, and management accounting.

- You will be responsible for managing tax compliance, financial reporting, and bookkeeping for UK-based clients.

- This position requires proficiency in UK tax filings, management accounting standards (FRS 102, FRS 105), and experience working with accounting software such as CCH, Digita, Taxcalc, and Iris.

- The role will involve working in UK time zones, ensuring timely and accurate processing of tax and accounting matters.

Key Responsibilities:

- UK Taxation Compliance: Prepare and file tax returns for UK clients, including Corporation Tax (CT600), ensuring compliance with UK tax laws and regulations.

- FRS 102 & FRS 105 Reporting: Prepare financial statements in line with UK accounting standards, specifically FRS 102 and FRS 105, and ensure accuracy in management accounts.

- Tax Software Expertise: Use tax and accounting software like CCH, Digita, Taxcalc, and Iris to manage tax filings, client records, and reporting.

- Ledger Scrutiny: Conduct thorough ledger scrutiny to ensure accuracy in accounting entries and resolve discrepancies in client financial statements.

- Management Accounting: Support the preparation of management accounts, including profit and loss statements, balance sheets, and financial reports for UK clients.

- Tax Advice: Provide guidance on tax-saving strategies, exemptions, and deductions for clients, ensuring they are compliant with UK tax laws.

- Client Communication: Serve as the primary point of contact for UK clients regarding tax matters, financial reports, and queries related to their accounts.

- Reconciliation: Perform monthly and annual reconciliations of financial statements, including bank reconciliations, ensuring accuracy and compliance with accounting standards.

- Tax Planning & Optimization: Assist clients with tax planning, ensuring they maximize their tax efficiency while staying within the legal framework.

- Documentation & Filing: Prepare and maintain accurate tax-related documents and filings, ensuring all deadlines are met and all necessary paperwork is properly filed.

Required Skills & Qualifications:

Education: Bachelor's degree in Accounting, Finance, or related field (or equivalent experience).

Experience:

- Minimum of 3-5 years of experience in UK taxation and accounting.

- Proficient in using accounting and tax software tools such as CCH, Digita, Taxcalc, and Iris.

- Solid understanding of CT600 tax returns, FRS 102, FRS 105, and other UK financial reporting standards.

- Experience with ledger scrutiny and financial reconciliations.

- Familiarity with UK corporate tax regulations and statutory filings.

Technical Skills:

- Advanced proficiency in Excel (pivot tables, v-lookups, formulas) for financial analysis and reporting.

- Strong knowledge of tax filing systems, tax planning, and UK accounting frameworks.

- Communication Skills: Excellent written and verbal communication skills to liaise effectively with clients and internal teams in the UK.

- Attention to Detail: Ability to manage complex data and ensure high accuracy in financial reporting and tax filings.

- Time Management: Ability to manage multiple tasks and meet deadlines efficiently while working in UK time zones.

- Problem-Solving: Strong analytical skills to troubleshoot issues and provide solutions related to taxation and financial reporting.

Additional Information:

- This is a full-time position based in Ahmedabad, and you will be required to work UK time shifts.

- The role requires close interaction with clients and colleagues based in the UK, and it is essential to manage time effectively across different time zones.

- The role will involve both independent and team-based tasks, requiring strong collaboration with other departments.

- Overtime may be required during peak tax seasons, such as the end of the financial year.