Job Description
The Primary responsibility of the candidate is to review high value tax reclaims prepared by the international tax Service team. The candidate should possess knowledge on working of capital market. Should have an eye for detail and the ability to work under pressure and meet stringent deadline and can effectively work in partnership with global teams, internal clients, client service team and Specialists. Accounts and Taxation related educational qualifications are required.
As a Client Tax Associate in Quality Controls Team, you will review high value tax reclaims in accordance with requirements of Tax laws of the different countries. You will analyze the process, identify the gaps in the process and provide the possible resolution in order to avoid the financial impact to the company. Send the daily report of the daily activity performed to management. Highlight the observations identified in the review and report it the senior management.
Job responsibilities
Contribute in designing risk based Operating Model for the Reviewer team
Closely work with the Tax production team to assess the hots spots and potential vulnerable areas and incorporate the same in reviewer Operating model to mitigate the financial risk
Work closely with Corporate Tax and Audit team’s requirements for processes through extensive control and operations risk framework in line with corporate policies and guidelines.
Directly contribute to increasing the quality and timeliness of international tax reclaims and ensuring there are no losses through rejections and delayed submissions.
Thorough knowledge of end-to-end process flow, SOPs and validation points. Have a good industry knowledge of International Tax reclaims processing
Influence technology on system enhancements and ability to articulate stakeholders on various change management initiatives.
Developing and implementing tools to manage and improve quality and accuracy. Identify opportunities for process efficiency & implement in a controlled manner.
Highlight the observation identified and possible resolution to Senior Management. Preparing the various reports and deck for the senior management and LOB.
Perform all the work in accordance to the department procedures and within productivity processing and quality standards.
Required qualifications, capabilities, and skills
Candidate should have/demonstrate the following qualifications/skills and attributes:
Postgraduate and preferably with accounting and taxation background
Good oral and communications skills.
Must be able to work under pressure & deadline driven environment
Able to grasp/learn concepts and procedures quickly
Preferred qualifications, capabilities, and skills
Problem Solving skills
Good Time management skills
Must be very detailed oriented and analytical
Analytical ability to quickly assess situations and resolve complex issues
Chartered Accountant preferred
ABOUT US
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
As a Client Tax Associate in Quality Controls Team, you will review high value tax reclaims in accordance with requirements of Tax laws of the different countries. You will analyze the process, identify the gaps in the process and provide the possible resolution in order to avoid the financial impact to the company. Send the daily report of the daily activity performed to management. Highlight the observations identified in the review and report it the senior management.
Job responsibilities
Contribute in designing risk based Operating Model for the Reviewer team
Closely work with the Tax production team to assess the hots spots and potential vulnerable areas and incorporate the same in reviewer Operating model to mitigate the financial risk
Work closely with Corporate Tax and Audit team’s requirements for processes through extensive control and operations risk framework in line with corporate policies and guidelines.
Directly contribute to increasing the quality and timeliness of international tax reclaims and ensuring there are no losses through rejections and delayed submissions.
Thorough knowledge of end-to-end process flow, SOPs and validation points. Have a good industry knowledge of International Tax reclaims processing
Influence technology on system enhancements and ability to articulate stakeholders on various change management initiatives.
Developing and implementing tools to manage and improve quality and accuracy. Identify opportunities for process efficiency & implement in a controlled manner.
Highlight the observation identified and possible resolution to Senior Management. Preparing the various reports and deck for the senior management and LOB.
Perform all the work in accordance to the department procedures and within productivity processing and quality standards.
Required qualifications, capabilities, and skills
Candidate should have/demonstrate the following qualifications/skills and attributes:
Postgraduate and preferably with accounting and taxation background
Good oral and communications skills.
Must be able to work under pressure & deadline driven environment
Able to grasp/learn concepts and procedures quickly
Preferred qualifications, capabilities, and skills
Problem Solving skills
Good Time management skills
Must be very detailed oriented and analytical
Analytical ability to quickly assess situations and resolve complex issues
Chartered Accountant preferred
ABOUT US
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
💡 Quick Summary
Seeking a career-building opportunity? The Client Tax Associate I position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.