Taxation Compliance Associate (Temporary)

DEPARTMENT DESCRIPTION

The Corporate Tax Department at JP Morgan is responsible for all the UK tax compliance matters of the London Branch and the various UK subsidiary companies, including agreeing the UK corporation tax and VAT liabilities with HMRC, together with dealing with audits from these government departments. The Tax Department also oversees tax compliance in the EMEA locations and has New York reporting requirements. The Department provides advice to the business areas of the bank and is involved with various ad hoc assignments.

KEY RESPONSIBILITIES

Reporting to the UK Tax manager, the successful applicant will be responsible for his/her own portfolio of companies involving the following tasks:

- Corporation tax computation and return preparation.
- Assisting with preparation of the UK branches tax returns.
- Preparation of accounting provisions for monthly and statutory accounts purposes including liaising with the auditors and preparing accounting journals.
- Monthly reporting requirements for finance department, including certification and substantiation of the tax balances.
- US tax reporting, review and preparation of quarterly tax packs.
- Maintenance of the compliance status report, correspondence log and the VTO.
- Assisting with profit/tax forecasting including group relief allocations.
- Assisting with the monthly European forecast and overview of profits and taxation.
- Assisting with budgeting for group corporation tax payments.
- Other regular tax reporting responsibilities.

SKILLS KNOWLEDGE & EXPERIENCE

The applicant should ideally have relevant professional accounting/tax qualifications. Also it would be advantageous if the applicant had experience of Alphatax software. They should also be PC literate and be familiar with all Windows applications and have the ability to learn new systems. Furthermore the applicant should possess good letter and report writing skills and be able to work to strict deadlines in a proactive manner.