Job Summary:
Job Title: EU VAT Accountant
Company: Merch Traffic Limited
Department: Finance
Location: Kings Cross, London
Reports to: Finance Director
Contract Type: Full time, permanent
Office Working: Hybrid (2-3 days in the office)
Role Description
We sell merchandise products for the World’s leading artists in the Music & Entertainment industry and this role involves reporting the VAT and associated requirements to the appropriate fiscal authorities in the 23 European countries we’re registered in. This requires accurate and timely reporting and excellent attention to detail. You will learn about our exciting merchandise and learn how to treat each product for each territory according to their requirements.
Therefore experience in preparing Intrastat reporting, EC Sales Lists and European VAT returns is an advantage.
Role Tasks
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Preparation of Intrastat reports for each territory we report in, showing Intrastat movements from country to country, and tracking touring stock movements.
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The candidate will need to be able to identify correct commodity codes. They will need to know how to assign the correct codes and keep themselves up to date on the codes currently in use.
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Prepare EC Sales Lists for each European country.
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Preparation of reports to be sent to our VAT consultants, for each territory we are required to prepare a VAT return in a timely manner.
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Reconciliation of EU VAT reports with Trial Balance from Xero for each country.
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Work with Tour managers regarding stock movement / stock quantities.
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Understand Export/Import documents such as SAD documents.
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Match SAD documents to commercial export invoices.
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Monthly reconciliation of VAT accounts.
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Monthly FX journals.
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Making sure that VAT payments/refunds match reported figures.
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Prepare invoices for goods movements and match them with commercial invoices and SAD documents and make sure correct VAT numbers are used on them in the correct currency.
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Maintain a record of all sales and purchase invoices issued, including the VAT amount charged. Make sure all records are documented and kept in the same place.
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Supporting Tax Authority/Internal/External audits & queries.
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Assist with VAT registrations in new EU territories.
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Miscellaneous VAT tasks and ad hoc project work within the wider finance team.
Core Skills Required
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Part qualified accounting qualification.
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Excel Skills – Intermediate level, including Pivot Tables and lookups.
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The role involves dealing with large volumes of data, therefore extraction, sorting, cleansing and data analysis skills are required.
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Experience using Xero accounting software.
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Excellent attention to detail.
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Music merchandise industry experience.
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Experience posting accounting journals.
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Ability to adapt and take on new challenges.
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Strong verbal and written communication skills.
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Ability to multi-task and work to tight deadlines.
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Ability to operate using own initiative.
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Proactive - display strong initiative and ability to identify and rectify issues.
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Hard working and hands on finance professional.
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Dependable and responsible individual who takes ownership of tasks and responsibilities.
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An adaptable and self-motivated individual who can work on their own initiative.
The Team
We are a major player in the Music & Entertainment industry, and we have a highly motivated team dedicated to delivering a range of traditional and novel merchandise products necessary to promote the band / performer. It’s a small team so you will be noticed and soon be an integral part of that team.
Equal Opportunities
We are passionate and committed to our people and go beyond the rhetoric of diversity and inclusion. You will be working in an inclusive environment and be encouraged to bring your whole self to work. We will do all that we can to help you successfully balance your work and homelife. As a growing business we will encourage you to develop your professional and personal aspirations, enjoy new experiences, and learn from the talented people you will be working with. It’s talent that matters to us and we encourage applications from people irrespective of their gender, race, sexual orientation, religion, age, disability status or caring responsibilities.
Reality Check
While this is a great opportunity in an exciting industry this is not just a chance to see shows for free! The role is not your ordinary 9-5 and the industry is demanding with sometimes unsociable and long hours. The excitement and energy of the shows, tours and festivals we create comes from the hard work and dedication we commit to our work, and this role is no exception to this. So, get ready to bring your best to the role.
The Company
Live Nation Entertainment is the world’s leading live entertainment company, comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. Ticketmaster is the global leader in event ticketing with over 500 million tickets sold annually and more than 12,000 clients worldwide. Live Nation Concerts is the largest provider of live entertainment in the world promoting more than 40,000 shows and 100+ festivals annually for nearly 4,000 artists in over 40 countries. These businesses allow Live Nation Media & Sponsorship to create strategic music marketing programs that connect over 1,000 brands with the 98 million fans that attend Live Nation Entertainment events each year. For additional information, visit www.livenationentertainment.com
