Company Description

As a Tax Accountant in the Finance and Accounting department, your main focus is to ensure the accuracy of monthly, quarterly, and annual reports, and timely compliance with the company's tax obligations in accordance with current regulations. You follow up on accounting reconciliations, tax returns and working papers. You work together with the accounting area to measure and analyze the fiscal impact in the routines in an efficient way following our values.

This role reports into our Accounting Lead for CO & EC and is based out of the Bogotá, Colombia Support Office.

Job Description

A Day in the Life

Working at H&M means no two days are ever the same, but a typical day will include the following responsibilities*

Financial Statements and Reporting:

Generate and ensure accuracy and legal compliance of required accounting reports, in conjunction with Accounting Lead & Tax & Report CoordinatorCollaborate, establish procedures, and follow up with other departments to ensure timely reportingSupport Accounting Lead in the monthly, quarterly, and annual closingInitiate and perform analysis of general ledger reservesEstablish routines and follow-ups for securities reserves and intercompany transactionEstablish routines for fixed asset reserves and depreciation calculationsCommunicate with external auditable authorities

General responsibilities:

Perform accounting and tax adjustments on taxes withheld from suppliersReconcile tax accounts against tax returnsReconcile revenue accounts against accounting recordsPrepare provisions for the industry and commerce tax (ICA) and record them periodicallyIntercompany – Prepare and send electronic invoices for related-party transactions, analyze and record applicable withholdings for income tax and VAT on these operationsReview and analyze withholdings on invoices in VIM (Taxaudit) to ensure proper tax recordingManage the tax authority’s web platform (DIAN, SRI, SAT) to ensure the company’s formal obligations are metAnalyze, review, and propose applicable withholdings on purchases of goods and services from foreign suppliersReview and record settlements from the Impex areaReview and record corporate credit card purchasesCoordinate processes with other areas and external entities to ensure due diligence in requirements and/or requests from tax authoritiesPrepare and file tax returns accurately and on time within the legal deadlinesProvide support to the tax coordinator in analyzing tax informationPrepare and monitor exogenous and foreign exchange information at the national and municipal levelManage reports for government entities such as: Banco de la República, DANE, Superintendencies de Industria y Comercio, and municipal Treasury DepartmentsProcess registration and/or updates in RUT, RIT, and the Chamber of CommerceProperly manage tax consulting by liaising and reporting directly to the tax advisory teamPrepare and deliver withholding certificates to third partiesMay perform other activities related to the position Tax payments /Federal & statePay the Federal taxes and ICA

Qualifications

Who You Are:

Professional in Public AccountingAt least 5 years of experience in the accounting and tax areaSAP level and Excel level: HighEnglish level: IntermediateKnowledge of tax regulationsKnowledge in IFRSTeamwork, proposing ideas, pro-active, and able to delegate responsibilitiesQuick analysis and problem solving and ability to work under pressureStrategic thinker, results-oriented, responsible, and committedTeam Player: open-minded, communicate clearly, and flexibilityResults Driven: Working towards goals, trying new things, improving efficiency, and developing yourselfBusiness-Minded: Focusing on customer value, taking responsible decisions, seeking opportunities, and seeing the bigger picture

 

Additional Information

Why You’ll Love Working at H&M

We value diverse backgrounds, including but not limited to race, ethnicity, gender, age, religion, sexual orientation, and disabilityWe pride ourselves on being a values-driven organization, guided by our 7 unique values that have been part of our success story for over 75 yearsYou’ll have access to our Colleague Resource Groups (CRGs) to find community and networking opportunities among colleaguesWe are an inclusive company where you’re encouraged to be yourself at workYou will have access to a large global talent community, where career growth and aspirations have no limitsWe believe in supporting your overall wellbeing and offer comprehensive benefitsYou’ll be able to express your personal style with our employee discount at H&M, & Other Stories, and COS