Job Responsibilities
- Understanding and advising 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.
- Understanding expense allocation processes and working with finance, business, and tax teams to advise on inclusion into VAT recovery and compliance processes.
- Developing 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.
- Advising/training internal stakeholders, for example, teams processing the intercompany attributions.
- Communicating VAT risks succinctly and clearly to non-tax colleagues.
- Reviewing tax compliance submissions.
- Escalating risks internally within the team as appropriate.
- Working with external tax advisors, as well as partnering 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, preferable.
- VAT advisory experience preferably Manager level at Big 4 or equivalent in-house.
- Knowledge/experience of VAT issues in the FS sector being desirable
- Functional knowledge of MS Excel, PowerPoint and other applications is also desirable.