Responsibilities of an Accountant for Internal VAT:

1. VAT Compliance: Ensure timely and accurate preparation, filing, and submission of VAT returns to tax authorities.
2. Data Management: Maintain organized and accurate records of all transactions related to VAT, including invoices, receipts, and tax calculations.
3. Internal Auditing: Conduct internal audits to ensure VAT compliance, identifying discrepancies and suggesting corrective actions.
4. Documentation: Prepare and maintain comprehensive documentation for VAT-related processes, policies, and procedures.
5. Reporting: Assist in generating reports on VAT-related activities for management and external stakeholders as required.
6. Advisory: Provide guidance to internal teams on VAT implications for transactions, contracts, and business operations.

Requirements for an Accountant for Internal VAT (Semi-Qualified CA):

1. Semi-Qualified CA: Currently pursuing or having completed the intermediate level of Chartered Accountancy (CA) qualification.
2. VAT Knowledge: Solid understanding of VAT laws, regulations, and compliance requirements in the relevant jurisdiction.
3. Accounting Experience: Previous experience in accounting or finance, with exposure to VAT-related matters preferred.
4. Analytical Skills: Ability to analyze financial data, identify discrepancies, and ensure accurate VAT calculations.
5. Communication: Effective communication skills to interact with internal teams, external auditors, and tax authorities.
6. Attention to Detail: Meticulous attention to detail to ensure accurate VAT reporting and compliance.