Ankit Chamoli

VAT Compliance & Operational Responsibilities:

• Lead European Indirect Tax reporting and compliance for multiple business units across Europe (Healthcare IT, Manufacturing, Imaging & Offset Solutions), overseeing end-to-end VAT return preparation, finalization, submission, execution of VAT payments, and VAT reconciliations ensuring 100% compliance across jurisdictions.
• Oversaw transition of indirect tax compliance operations from Poland and Belgium to India, coordinating with Transition Managers and Delivery Executives to ensure smooth knowledge transfer and operational continuity.
• Manage a team of VAT professionals and coordinate with local finance across different countries to provide VAT updates and handle their queries related to VAT codes in posting in ERP.
• Handle VAT audits, responding to tax authority queries, and ensuring accuracy and completeness in periodic filings.

VAT Reporting & Technical Responsibilities:

• Prepare, review and submission of VAT, ESL and Intrastat reports, adhering to country-specific VAT regulations and manage VAT reconciliations for all entities.
• Ensure correct application of VAT treatment on transactions (domestic, intra-community, import/export, reverse charge).
• Spearheaded the implementation and onboarding of the Avalara VAT Reporting Tool cloud version from on premise for client, managing configuration, testing, and stabilization phases.
• Leading the project to implement Deloitte ITC VAT Compliance Tool for another client—driving requirements gathering, process design, and end-to-end system integration.
• Stay updated with changes in EU VAT directives, local VAT laws, and digital reporting requirements (e.g., SAF-T, SII).
• Handling governance meeting among VAT COE & Global Tax Manager at HQ for discussing and providing update to different topics to improve governance around VAT compliance and reporting.
• Designed and implemented a VAT formatting macro in Excel using VBA to automate compliance data preparation—recognized with a Lean Certificate from IBM Analytics.

• Part of the process transition and facilitated a successful transition of critical onshore operations to offshore teams remotely.
• Prepare and submit periodic and annual VAT returns for multiple EU jurisdictions in accordance with local regulations. and also support preparation of South Africa VAT return.
• Compile, review, and submit EC Listing and Intrastat declarations, ensuring timely and accurate reporting of cross-border activities.
• Perform VAT account reconciliations and support in resolving mismatches or discrepancies.
• Maintain a VAT compliance calendar to track due dates and ensure on-time submissions across all countries.
• Responsible for VAT transfer postings and UK Import VAT statement posting in SAP and ensure clean balances and timely clearing of open items.
• Monitored VAT codes and supported audit readiness by preparing documentation and addressing queries.
• Handle day-to-day VAT queries from internal departments (AP, AR) and Conduct periodic VAT data integrity checks to identify incorrect or missing VAT codes, and coordinate corrections with AP, AR teams.
• Collaborated with tax and finance teams across Europe to align VAT treatment and regulatory compliance.

• Validated end-to-end cash flow and ensured accurate posting of electronic transactions from customers into the General Ledger.
• Reconciled company accounts, including AR and intercompany balances.
• Assisted in resolving VAT open items in ledger and submitted manual entries when needed.
• Provided end-to-end Procure-to-Pay (PTP) support, including timely reconciliation of aged accounts payable and resolution of vendor-related issues.
• Performed monthly bank reconciliations by comparing general ledger entries with bank statements to ensure accuracy of reported figures.
• Prepared and submitted AR statements to the Intercompany (IC) Netting team and cleared invoices post receipt of netting payments.
• Led timely and accurate completion of month-end, quarter-end, and year-end closes, along with HFM reporting, maintaining nearly 100% accuracy.