Tax and Finance Administrator

The Chartered Institute of Taxation (CIOT) is the leading body in the UK for taxation professionals dealing with all aspects of taxation. Our primary purpose is to promote education in taxation. One of our key aims is to achieve a more efficient and less complex tax system for all.

The Tax and Finance Administrator is responsible for managing international tax returns in a timely manner for various jurisdictions and process our cash and bank transaction to ensure accurate recording and reporting of the financial accounts.

Role and Responsibilities

• Run monthly income reports from the CRM system for all international students in designated countries
• Update the master spreadsheet with monthly tax liabilities
• Ensure sales tax is calculated accurately according to each country’s applicable rate
• Maintain regular communication with UK and international tax partners to confirm correct tax rates and thresholds
• Prepare monthly liability reports for inclusion in the month-end schedule
• Arrange tax payments to partners in each country when required
• Attend weekly compliance meetings with UK tax partners
• Review sales reports for newly added countries and notify the education team and manager
• Engage with the education team to stay informed of changes in services, new country additions, and income trends
• Daily allocation of cash from the bank posted into accounting and CRM system
• Complete bank reconciliations by the second working day of each month
• Daily Updating cash flow statement
• Processing refunds for students
• Raising monthly sales invoices for registrations and exams
• Support with credit control when needed
• Collaborate with the Finance Manager on monthly and quarterly tax reports
• Prepare year-end schedules for auditors detailing annual tax liabilities
• Provide ad hoc reporting support to the Financial Controller

Knowledge and Experience Required

• Over five years’ experience working in finance and accounts department
• Independent and able to manage own time and workload
• Excellent organizational skills and able to meet deadline
• Bank reconciliation and cash posting experience
• Experience using multiple IT finance and accounting systems
• Experience using finance and accounting systems
• Experience working with large volumes of data