VAT Associate at Farfetch

Lisbon, Lisbon, Portugal

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Luxury Fashion, E-commerceIndustries

Requirements

Indirect Tax consultant with minimum of 2-3 years of experience
Experience in EU VAT required
Fluent in English (written and spoken)
High sense of responsibility and autonomy
Good communication skills and ability to interact with different types of backgrounds
Excellent problem-solving skills and ability to respond under stress and adapt to fast pace and daily changing reality
Previous experience in e-commerce and/or fashion industry is an advantage

Responsibilities

Assist with day-to-day advisory support to the Group regarding VAT issues and questions
Support management with the monitoring of tax technology solutions (already implemented) within the Group as well as VAT updates and new regulations
Support the wider team in integration of new business lines, transactions and projects/procedures within the Group, including actively supporting in the design of solutions and/or improvements proposals and respective implementations
Monitor workflows and keep tax related documentation updated
Work with the wider Indirect Tax team (including internal compliance & Reporting team) in any Indirect Tax workstreams
When necessary, liaise with external advisors where appropriate to provide tax advice and planning for the business, as required

Skills

VAT

Indirect Tax

Tax Technology

VAT Regulations

Tax Compliance

Business Integration

Regulatory Monitoring

Farfetch

Online marketplace for luxury fashion items

About Farfetch

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

London, United KingdomHeadquarters

2007Year Founded

$682.9MTotal Funding

IPOCompany Stage

Consumer Software, Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Flexible Work Hours

Employee Pension Scheme

Risks

Increased competition from Mytheresa could impact Farfetch's market share.

Farfetch faces challenges in maintaining its presence in the Chinese market.

The sale to Coupang indicates potential financial instability for Farfetch.

Differentiation

Farfetch connects luxury brands and consumers through a unique online marketplace.

The platform offers modular, API-enabled technology for luxury fashion brands.

Farfetch provides commerce solutions, enhancing brands' online presence and sales.

Upsides

Virtual try-on technology is gaining popularity in luxury fashion.

Farfetch can capitalize on Yoox Net-A-Porter's exit from China.

Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

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