Summary
Overview
Work History
Education
Skills
Certification
References
Personal Information
Right To Work
Languages
Timeline
Generic

SAM TAIWO

Dublin

Summary

A highly motivated, deadline-committed, certified chartered accountant with 3 years post-qualification experience in tax and accounting. Adept in executing financial, operational, and administrative duties in a methodical manner, while exhibiting a high level of attention to detail and accuracy. VAT experience in both financial and non-financially entities.

Overview

7
7
years of professional experience
1
1
Certification

Work History

International Tax Accountant

U.S. Bank
01.2024 - Current
  • Company Overview: Elavon financial services
  • Acting as the lead in the tax team with EY on a project on recomputing the VAT recovery rate for the UK VAT group using the partial exemption method
  • Collaborating with colleagues in different business line such as the Opayo, Global Corporate Trust, EMS (Payment solution) etc
  • To assist with the Partial exemption project
  • Monthly reconciliation of the VAT accounts in the balance sheet using ARMS
  • Assist in correcting Vertex call errors not computing VAT correctly on supplier invoices on Vertex O series
  • Working with treasury and Forecast team to compute the weekly forecast for the Tax team (Direct and indirect)
  • Booking journals for VAT adjustments and correction for prior periods
  • Responding to internal and external audit queries
  • Responsible for the following 7 entities for Tax compliance: U.S Bank Global fund services (Luxemburg SARL), Talech International limited (Ireland), Talech Lithuania (Lithuania), U.S Bank Europe DAC United Kingdom Branch & U.S Bank Trustees limited (UK VAT Group), Ireland (one small entity), U.S Bank Europe DAC, (Spain)
  • Intrastat and EC sales computation and filing for all European entities assigned to me
  • Computing and filing Annual statistics such as RTD for Ireland, Form 390 and 347 for Spain
  • Collaborating with EY with the filing of Lux and Lithuania VAT return due to language barrier
  • Collaborating with treasury and the forecast team to estimating weekly VAT Payments for both Direct and indirect tax
  • High level of internal control policy compliance
  • Prepayment computation and payment to HMRC authorities
  • Submitting VAT returns Quarterly, monthly, and bi-monthly
  • Assisted in the transition from Oracle R12 financials into Workday
  • Elavon financial services

Tax Accountant

Hertz Europe Service Centre
01.2022 - 12.2023
  • Responsible for timely and accurate preparation and submission of EU region VAT fillings and other indirect tax obligations such as EC sales list and Intrastat (Arrival and Dispatches)
  • Responsible for entities in: Belgium, UK VAT Group, and Ireland
  • Engage and collaborate with the finance function, key business unit stakeholders, and invoicing systems teams to provide guidance on VAT issues
  • Liaise with external auditors and advisors
  • Computation of indirect tax payments and liaising with the finance department for processing requests for payment
  • Preparing the reconciliation of VAT accounts according to Hertz's accounting policy
  • Supporting Tax Managers with the resolution of tax queries/issues/audits
  • Supporting Tax Managers on various ad hoc projects
  • Prepare VAT estimates for the banking and cash management team on a timely basis
  • Application of the reverse charge mechanism when not applied by the Payables team
  • Ensure the Banking department makes payments on time
  • Ensuring indirect tax compliance in adherence with the market legislation
  • Liaising with the country business tax teams and Hertz international network
  • Accounting in month-end process under US GAAP accounting includes posting journals in our accounting system (Oracle)
  • Staying abreast of VAT law changes
  • - Finding and working on new opportunities for improving indirect tax processes
  • Support internal control and SOX compliance activities related to indirect and direct tax
  • Ensure compliance under all relevant tax areas
  • Deal with internal and external auditors in relation to taxation and treasury matter
  • Effectively plan, manage, and prioritize work to timely and consistently meet objectives of multiple or competing priorities and projects

Company Accountant

Goldstar Plastics
Dublin
05.2020 - 12.2021
  • File returns to ROS, such as quarterly VAT return, RTD, VIES, and INTRASTAT
  • VAT return reconciliation & processing
  • Confirm monthly PAYE/PRSI totals to ROS
  • Inputting the correct VAT codes when recording sales and purchase invoices into the system
  • Assist in the preparation of corporation tax computations and returns
  • Assist in identifying tax deductible reliefs for the company
  • Processing of monthly payrolls
  • Addressing and resolving payroll queries
  • Management of payroll payment system and necessary banking interface
  • Preparation of Monthly Management accounts to strict deadlines
  • Managing Cashflow - Monitor bank daily
  • Processing monthly direct debit runs
  • Exporting reports from software and simultaneously using Excel for further data analysis and commentary (such as: VLOOKUP, conditional formatting, pivot table, If function, data cleaning, etc.)
  • Reviewing, updating, and reporting budgets & variance analysis and devising action plans for improvement with the sales manager
  • Assist with annual audit with external auditors
  • Collaborate with heads of departments (sales and stock managers) to ensure that reporting commitments for each of the departments are met and that any issues are appropriately resolved on a timely basis
  • Preparing month ends journals and performing monthly reconciliation of balance sheet accounts - (i.e., Bank, Creditor, Debtor, and other control accounts)
  • Reconciliation of monthly supplier statements
  • Actively manage debtors for payments and resolve any debtors' queries
  • Prepare, analyze, and post journals at month end
  • Correctly allocate receipts from 3rd party payment software (such as Stripe and Elavon) and ensure charges on each customer receipts (unbilled charges) corresponds with the month end invoice from the 3rd party payment platform
  • Preparing debtors and creditors control account and managing individual customers accounts for debt chasing
  • Ensuring adequate credit control management
  • Creating journal ledger to record and post VAT, depreciation, accruals, prepayments, payroll, loan etc
  • Calculating and recording exchange rates (FOREX) variances
  • I supervised the accounts functions of the company from bookkeeping to the preparation of monthly management accounts and assist with the year-end financial statement with the external auditor
  • As a result of my VAT skills and knowledge, I detected numerous transactions from the current year and prior years that were not in compliance with the VAT legislation (for example, not adhering to the reverse charge (self-accounting) and the postponed accounting rules for purchasing goods within the European community and outside the EC)
  • These mistakes affected the RTD for the year which I had to correct manually in Excel
  • Additionally, I corrected the tax codes on the software to ensure the right transactions uses the right tax code on software (Sage)
  • I brought back the payroll functions of the company in-house (was formerly outsourced)
  • I got the payroll certificate (IPASS) to oversee payroll

Assistant Accountant

AMPLIFY AFRICA
09.2018 - 12.2019
  • Company Overview: Affiliated with TICKETMASTER
  • Conducting general ledger closing activities such as journal entries and account reconciliations promptly
  • Assisted in the preparation of monthly management accounting
  • Complete adjustments, accruals and other types of journal entries in accordance with the financial standards
  • Gained an in-depth understanding and knowledge of Client deals
  • Prepared and reviewed weekly settlements for clients in a timely manner
  • Perform quarterly Variance analysis
  • Preparation of month-end corporate reports for Ticketmaster ticket metrics
  • Preparation and posting of month-end journals within prescribed deadlines
  • Monthly reconciliation of assigned balance sheet accounts within strict deadlines
  • Assisted with the internal and external statutory audit process
  • Other ad-hoc projects and duties as required Monthly journal entries, prepayments, and accruals
  • Supported the finalization of month-end accounts
  • Supported the audit process and statutory account production, ensuring a robust schedule to facilitate a streamlined audit process
  • Prepared VAT returns with the account team
  • Processed monthly Payroll and daily rate computation for freelancers and short-term contractors
  • Affiliated with TICKETMASTER

Tax junior

JAT & CO UK LTD
09.2017 - 08.2018
  • Assist in VAT, self-assessment and corporate tax Compliance for Clients
  • Assist in the providing required information for tax computation for clients
  • Assist Senior Tax Lead in managing tax for clients
  • Communicate with clients for relevant information on their tax affairs

Education

Chartered Tax Advisor (CTA) Examination - Level 2

02.2025

Certificate in Payroll Techniques -

IPASS
01.2022

M.Sc. - Finance

Technological University Dublin
Dublin, Ireland
01.2021

ACCA Member -

Association of Chartered Accountants
01.2020

B.Sc. - Accounting

Oxford Brookes University
01.2016

Skills

  • VAT Compliance
  • Accounting standards
  • Deadline Oriented
  • Fast learner
  • Balance reconciliation
  • Effective communication
  • Time management
  • Analytical skills
  • Teamwork
  • Decision making
  • Microsoft Office
  • QuickBooks
  • Workday
  • Vertex O series
  • VLOOKUP
  • Pivot tables
  • If functions
  • Indirect tax
  • Proficient in Oracle fusion, Workday, Sage50, sage payroll, quickbooks
  • Tax software proficiency - VERTEX
  • General ledger reconciliations
  • Bookkeeping expertise
  • Tax return preparation

Certification

  • ACCA Member Certificate
  • CTA - Part-Qualified (Irish Institute of Tax) - in progress
  • IPASS (Payroll) Certificate
  • Excel Learning Certificate
  • Sage50 Account Cloud Certificate
  • Sage Business Cloud Accounting Certified Application Specialist

References

Available on request

Personal Information

Title: Indirect Tax Specialist & Accountant

Right To Work

Stamp 4

Languages

English
First Language

Timeline

International Tax Accountant

U.S. Bank
01.2024 - Current

Tax Accountant

Hertz Europe Service Centre
01.2022 - 12.2023

Company Accountant

Goldstar Plastics
05.2020 - 12.2021

Assistant Accountant

AMPLIFY AFRICA
09.2018 - 12.2019

Tax junior

JAT & CO UK LTD
09.2017 - 08.2018

Chartered Tax Advisor (CTA) Examination - Level 2

Certificate in Payroll Techniques -

IPASS

M.Sc. - Finance

Technological University Dublin

ACCA Member -

Association of Chartered Accountants

B.Sc. - Accounting

Oxford Brookes University

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