What are the responsibilities and job description for the Corporate Finance - Tax Asset Class Controller - Analyst position at JPMorgan Chase?
This role, specifically on the Tax Asset Class Control (Tax ACC) team within the FFC organization, follows the guidelines above, with a focus on the data surrounding Tax. The common functions and activities owned by Tax ACC include but are not limited to the following: extracting the raw data from various systems, calculation of tax related to Equity products such as stocks, bonds, & derivatives, balance sheet reconciliation and substantiation, manual accounting/bookings to the general ledger, audit support for the Corporate Tax Organization, and executing the month end close in regards to timely tax postings and reporting.
Responsibilities:
- Support Corporate Tax Organization by understanding general ledger data, end-to-end product system flow, various types of taxes across regions and countries, and postings to the general ledger
- Support Lines of Business (CIB, AWM, CCB) across the firm covering tax on products to ensure appropriate reconciliations, controls, and governances are in place.
- Work closely with line of business controllers, product controllers, corporate tax, & project managers.
- Partner with various FFC teams globally to centralize Tax related activities to Tax ACC
- Manage month end, quarter end, and year end activities related to Tax postings in the general ledger
- Hands-on engagement in multiple projects, which includes proactively identifying process enhancements and work with stakeholders enact change in a timely manner
- Perform various control procedures & reconciliations to ensure the integrity of reported financials
Requirements:
Basic understanding of financial products such as stocks, bonds, & derivatives
Basic understanding of general accounting concepts
1-3 years accounting or industry experience preferred
- Bachelor’s degree in Accounting, Finance, or Business (or equivalent experience)