Title: VAT Accountant

Hours: 37.5 per week

Location: Grangemouth HQ

Salary: Dependent on skills, qualifications and experience

Contract type: Permanent

ABOUT US

A truly global company, INEOS comprises of numerous businesses with sites in countries throughout the world. We also encompass a wide range of consumer brands and sports interests.

Grangemouth remains one of INEOS’ key sites in the UK and is home to world scale manufacturing plants – offering a unique environment in which to grow your skills, knowledge and competencies within the petrochemical sector.

We are engineering a strong future for our site, based on a highly skilled, experienced workforce and a portfolio of essential products that underpin a sustainable, low carbon future for all. We are entrepreneurial. We love to find new ways of doing things. Whether that’s through improving the energy efficiency of our plants, developing new ways of working or delivering on our net zero promises. And we’re proud to be doing this in Scotland.

We believe in offering our employees true autonomy and empowerment with a working environment that creates the opportunities for all of us to achieve our potential and to have a fulfilling professional career. We’re looking for committed and talented people to join our teams, to realise our ambitions and shape the future.

ABOUT OUR OPPORTUNITY

We are currently looking for a VAT Accountant to join the European Accounting Team working on-site at our office in Grangemouth.  The European Accounting Team provides transaction accounting services to a number of businesses based both in the UK and abroad. 

Key accountabilities

• Analyse and prepare VAT Returns on a monthly, bi-monthly or quarterly basis using the relevant SAP system reports.
• Liaise with third-party service providers and send relevant spreadsheets, reports and copy invoices to enable them to submit a return on our behalf to the relevant authorities in specific countries.
• Verify and VAT code purchase invoices.
• Clear and reconcile VAT general ledger account codes and investigate any anomalies accordingly.
• Prepare VAT cash forecast monthly and send to Cash Forecaster.
• Prepare payment request forms and send to treasury to ensure payable VAT returns are paid within the due date.
• Analyse and prepare Intrastat returns.
• Prepare an EC Sales List which is submitted to relevant EC country’s authorities on a quarterly basis.
• Check duty deferment statements match the payment taken on the 15th of every month by HMRC, liaise with Hydrocarbons Team leader to ensure duty costs are allocated correctly.
• Meridian VAT engine. Liaise with various contacts within the business to test and make changes to the Meridian table. Advise on the impact of a new business supply or a customer in a new territory and how it should be treated.
• Identify and recommend areas for process improvement.
• Ensure procedures are maintained.

ABOUT YOU

Required:

• Be educated to HNC level in Accounting or Business Management and have previous experience in a similar role.
• Have excellent experience of Excel.  
• Have experience of preparing reconciliations.
• Have strong numerical and analytical skills and attention to detail.
• Pro-active and self-motivating attitude.
• Have excellent organisational skills. 
• Excellent team player with very good communication and interpersonal skills.
• Ability to work to tight deadlines.
• A good understanding of UK VAT rules and regulations.
• Experience of preparation of Intrastat & VAT returns.

Desired:

• Previous knowledge of SAP or other ERP systems

WHAT WE OFFER

• 34 days holiday (optional salary sacrifice to purchase up to 5 extra days)
• Benefits Platform – access to discounts on high street stores etc., Discounted Private Medical Insurance, Travel Insurance etc.
• Employee Referral Bonus Opportunity
• Scottish Widows Contributory Pension including employer contributions
• Free On-site Gym
• Employee Assistance Programme
• Enhanced Maternity Leave
• Salary Sacrifice Car and Cycle to Work Scheme
• Ongoing Career Development

HOW TO APPLY

Application Process

Interested candidates should submit their CV via our website.

Pre-screen (If applicable)

Applicants with a successful CV may be invited to an online MS Teams or telephone call to further discuss the role, the organisation and your suitability.

Formal Interview

Successful applicants will then be invited to interview which will consist of behavioural and technical questions. For some roles the recruitment process may also include technical testing, behaviour questionnaires and/ or a delivering a presentation.

Provisional Offer

If you are selected as the preferred candidate you will receive a provisional offer which will be subject to a medical assessment and reference checks. Some roles may also require a criminality check. 

If you would like to discuss any adjustments you may require throughout the recruitment and selection process please contact opportunities.uk@ineos.com.

As an equal opportunity employer, we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during application, assessment and on-boarding stages.

ADDITIONAL INFORMATION

If you were referred by a permanent member of staff that currently works at INEOS O&P UK Grangemouth please email opportunities.uk@ineos.com confirming the position you applied for and the name of the employee that referred you. Please note the employee referral scheme is only applicable for permanent vacancies.