QUALIFICATIONS AND JOB DESCRIPTION
OBJECTIVE
- Calculation, control and declaration of monthly, quarterly and annual tax responsibilities
- Following the VAT refund processes, completing deficiency letters and necessary documents
- Controlling transfer pricing processes, checking quarterly the arm’s length transfer price
- Invoice processes overview
- Managing tax investigation processes
- Determining and checking VAT rates on sales and services purchased
- Making contacts with tax office regarding Banvit operations and tax obligations
- Work alongside the accounting team to ensure the tax impacts are reflected correctly in our books
- Providing SOx evidences monthly and quarterly for the processes under our responsibility
- Following the tax legislation and informing relevant departments in case of changes raising impacts or tax saving opportunities to Banvit
- Providing internal tax advisory for new operations or processes, acting as a business partner
- Performing tax calculations during closing periods monthly
MAIN RESPONSIBILITIES
Declarations
- Preparation of VAT 1, VAT 2, Recovery Participation Contribution Margin and Form BA-BS declarations
- Control CIT, Advanced CIT, Withholding and Stamp Duty Taxes
VAT Refund Process
- Provide reports from ERP systems
- Preparation of deductible VAT list, export declaration lists, export invoices etc.
- Load the relevant lists to the system
- Revise the records in tax office system
- Preparation of deficiency letters
Transfer Pricing Process
- Supporting on the definition of the TP strategy
- Preparation of TP study in a quarterly basis
- Supporting the preparation of the TP Documentation
Analysis the overseas invoices
- Analyze invoices issued by the company in terms of VAT and withholding tax
- Double check accounting bookings
Tax Investigation Process
- Provide documents and information requested by inspectors
- Interpretate final reports
Approval of VAT Rates
- Check VAT rates on purchasing and sale invoices comparing them to the list published by tax office
Tax Office Procedures
- Preparation of response letters regarding the requested subjects
- Make contact with responsible person and discuss criticized issues
Coordination with Accounting Team
- Control records regarding VAT which is done by accounting team
- Support for branch closing VAT records monthly
- Record accrual transactions for VAT side
- Support on the defense strategy in case of a tax assessment
Sox Controls
- Provide VAT declaration and Transfer Pricing documents monthly and quarterly
- Perform a risk mapping regularly on the tax area of Banvit
Following Tax Legislation
- Get e-mails from PWC and other consultancy companies regarding tax legislation updates
- Inform relevant departments in case of a significant tax legislation change
Agreement Controls
- Analyze the contracts based on tax legislation
- Calculate stamp duty amounts and inform contract owners
Closing Periods
- Record branch closing transactions regarding VAT
- Finalize VAT accruals
- Perform CIT calculations monthly
REQUIREMENT & COMPETENCIES
- Bachelor’s degree in Business Administration, Accounting, Economics, Law or similar
- Fluent level of verbal and written English and Turkish (preferably mother language)
- German or Portuguese is a plus
- Minimum 6 years of relevant working experience in a multinational organization or large Audit Firm
- Declaring monthly, quarterly and annually the VAT, Withholding Tax, Stamp Duty, Advance CIT, CIT, Form Ba-BS
- Experience with Turkish Tax Legislation
- Have a strong financial knowledge
- Checking accounting bookings to identify the best tax treatment
- Strong risk management knowledge and application
- Experience with Tax Investigation Process
- Following tax litigation process
- Preparing legal books