Job Description
Join our Tax Accounting team within the EMEA Corporate Tax and Planning group, where you will be instrumental in implementing a standardized approach to tax accounting across the 36 countries in EMEA where JPMorgan conducts business. You will be responsible for transitioning the tax accounting preparation function to our India Centre of Excellence and will provide an oversight function for the EMEA Tax Accounting process. This role offers the opportunity to build and maintain partnerships with key stakeholders both internally and externally.
The role has been created to ensure a consistent approach is applied to tax accounting across the 36 countries in EMEA that JPMorgan conducts business. Of these countries, 7 include a local tax resource covering all taxes who report to the Non-UK Compliance team in the London tax department, while for the remaining countries the tax work is currently performed by the local finance function with external advisors.
You will be responsible for implementing a standardised approach across all countries, and transitioning the preparation parts of the model for each country to the India Centre of Excellence. The Tax Accounting team will also provide an oversight function managing the Tax Accounting process.
Job Responsibilities:
- Implementing a standardised operating process and governance model across the region for the tax accounting function
- Transition the tax accounting preparation function from each country into our India Centre of Excellence
- Act as a liaison between India COE and local Finance/Tax, providing an oversight function for the EMEA Tax Accounting
- Focused on using a Digital Gateway to track progress and provide management reporting information
- Maintain and build partnerships with key stakeholders
- Internal (EMEA & US Tax, Local Finance) & External (Auditors and Regulators)
- Areas covered include:
- Covering monthly tax accruals and associated tax journals for current and deferred tax, and any prior year adjustments where necessary
- Completing the certification and substantiation of tax balances in the US GAAP general ledger; quarterly US GAAP tax accounting reporting packs
- Working on tax provisions and disclosures for statutory account s (this will include liaising with the auditors) and associated accounting journals;
- You will forecast taxable profits and the tax charge & ad hoc queries
Required qualifications, capabilities and skills:
- A qualified professional with a recognized accounting and/or tax qualification
- A self-motivated team player who is able to prioritize and work to demanding deadlines
- An individual focused on operating within and enhancing the existing tax risk and control framework
- Excellent written and verbal skills
- Excellent research, analytical and reasoning skills
Preferred qualifications, capabilities and skills:
- Experience of working in a tax department of a bank an advantage
- Experience of Onesource Tax Provisioning software would be an advantage
- Experience of SAP or CDGL an advantage
- Previous experience of corporate tax accounting under both US GAAP and IFRS principles