Specialist - MGCC Finance

Description and Requirements

Role Value Proposition:

This role sits within the MGCC Tax Team and supports UK/ Ireland Indirect Tax Team of various locations.The over-arching tax strategy in MetLife is to ensure the right taxes are paid at the right time wherever MetLife operates around the world. This involves several facets, including:

1.A commitment to compliance;

2.Effective risk management; and

3.Constructive and transparent relationship with tax authorities.

This role will support delivering on that strategy, as demonstrated by the key responsibilities below.

Key Responsibilities:

·Preparation of VAT returns:

­Information gathering: Collect all the requisite documents either from ERP system, share point or relevant teams e.g. purchase and sales invoices, credit notes, debit notes, financial statements, etc.

­Data validation: Verify all the documents, consider the suggested exclusions, manual adjustment and ensure overall accuracy.

­Workpaper preparation - Summarize VAT on purchases (input tax) and VAT on sales (output tax) in structured reconciliation workpapers.

­Reconciliations - Provide summarized schedules to tax teams for VAT return filing along with systematic reconciliations.

·Assist the preparation of annual adjustments and voluntary disclosures (if any) to tax authorities in case of errors.

·Issue escalation and exception handling- identify unusual transactions, exceptions or potential compliance risks and escalate them appropriately

·Audit readiness - Maintain documentation trails for tax authority audits and internal reviews including support preparation for, and responses to, tax authority audits, including information gathering.

·Support process improvement efforts.

·Tracking on potential amendments under VAT law, assessing its impact on business/ process and reassessing processes to comply with regulatory changes.

Essential Business Experience and Technical Skills:

Required:

·Analytical and problem-solving skills.

·Ability to work autonomously, prioritize tasks, and deliver outputs within strict compliance deadlines.

·Strong command of written and oral English for preparing workpapers, drafting reconciliations, and engaging with stakeholders.

·Interpersonal skills and ability to build relationships.

·Good understanding of VAT/GST law with 1 to 3 years experience

Preferred:

·CA Intermediate.

·EMEA (Ireland, UK, France etc.) VAT law knowledge.

About MetLife

Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.

Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible. Join us!