Temporal VAT Analyst
EATONSanta feUpdate time: June 11,2021
Job Description
Eaton’s Corporate division is currently seeking a Temporal VAT Analyst to join our team. This position is based at our Mexico City Office. The Temporal VAT Analyst is responsible for support Indirect Tax compliance and its transition to companies which has bought Eaton business in Mexico. The obligation to provide post-sale services occurs after signing up Indirect Tax TSA while the buyer creates capability and capacity to receive Indirect Tax activities. In addition to the above, these temporary personnel have the responsibility to review, monitor, adjust and follow up recovery of Eaton's favorable VAT balances that were left without proper validation (herein after backlog) to full fill Tax Authority audits or VAT refunds claims. The backlog was generated as consequence of prioritizing the response to exhaustive request by Mexican Tax Authority and affectations derived by Covid-19 pandemic, which causes slowness due to the low availability of resources in supporting areas which helps on the validation process performed by the indirect taxes team. Some activities related with the position will be: Collect information necessary for the preparation of VAT calculations and informative returns, preparation of the calculation and informative returns, review of calculations and informative returns, Entry of the returns in the portal of the tax administration service, monitoring the payment of tax on time and form and finally the file and archiving of the working papers and statements generated from this process. Training on the processes implemented for the compliance and recovery of Indirect Taxes when required, either for the sale of businesses. Prepare reviews of balances in favor of VAT of Eaton companies that did not have this adequately. The review consists of validating the correct determination of the VAT and the VAT withheld generated in accordance with the scope described in the "VAT Refunds" process implemented by Eaton for all companies that generate balances in favor of VAT. This with the aim of recovering the balances in favor of VAT and eliminating any economic impact in the event of a review by the tax authorities. In addition to the above, the validation consists of analyzing documentation and fiscal compliance of the operations, determining adjustments derived from the findings in the review, managing authorizations of these, entering complementary statements, entering requests for a favorable balance before the competent authority, answering requirements additional information from the authority and follow up until the resolution of the return process. Qualifications Required (Basic) Qualifications: Experience and/or Degree in tax and accounting 1 to 2-year Experience in Mexican Value Added Tax is desirable, but not a must have Preferred Qualifications: Basic English communication skills are required Excellent skills in Excel is necessary SAP/Oracle experience would be desirable We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters. We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters. Job: Finance/Accounting Region: Latin America Organization: Corporate Sector Job Level: Individual Contributor Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No Does this position offer relocation?: Relocation from within hiring country only Travel: Yes, 10 % of the Time
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