Job responsibilities
- Understan and advise on JPM’s intercompany relationships/ how this relates to the revenue and expenses generated by the businesses across products
- Partner with the tax technology programme to ensure VAT considerations for intercompany services are operationalised
- Work with broader teams across the firm to support the understanding and management of VAT risk on inter-company expenses
- Understand expense allocation processes and working with finance, business, and tax teams to advise on inclusion into VAT recovery and compliance processes
- Develop knowledge of UK and other EMEA VAT regimes that are applicable (both tax technical and practical) and staying abreast of changes in VAT legislation, ensuring the business remains compliant
- Advise/train internal stakeholders, for example, teams processing the intercompany attributions
- Communicate VAT risks succinctly and clearly to non-tax colleagues
- Review tax compliance submissions
- Escalate risks internally within the team as appropriate
- Work with external tax advisors, as well as partner internally with global Corporate Tax colleagues (including colleagues covering transfer pricing and directs taxes) and non-tax colleagues (such as the Business, Legal, Finance, Operations etc.).
Required qualifications, skills and capabilities
- Bachelor’s or master’s degree
- VAT advisory experience
- A detailed understanding of UK/EU VAT principles
- A knowledge of VAT compliance requirements and processes
- Strong communication and written skills and the ability to work well in a team
- Strong analytical and critical thinking skills to formulate commercially sound solutions
- Quick learner with a positive attitude and professionalism
- Being able to work independently, managing own workload and projects
- Strong interpersonal skills to build working relationships with internal and external stakeholders
Preferred qualifications, skills and capabilities
- Accounting or Tax qualification, e.g. CTA indirect tax route
- VAT advisory experience preferably Manager level at Big 4 or equivalent in-house
- Knowledge/experience of VAT issues in the FS sector
- Functional knowledge of MS Excel, PowerPoint and other applications