Client Tax Analyst

Job Description :

At JPMorgan Chase, we endeavor to provide a place where your development and growth are nurtured and achieve your highest potential.

As a Client Tax Analyst within JPMorgan Chase & Co.s Corporate and Investment, Private Bank, and Commercial Bank clients, you will play a pivotal role in maintaining the bank's adherence to U.S Tax regulations. Your responsibilities will include optimizing withholding strategies and ensuring accurate tax withholding & reporting of client's year-end tax statements. These statements will be remitted and submitted to the U.S Internal Revenue Service and to the bank clients, respectively. This role provides an exciting opportunity to work with a dynamic team, utilize state-of-the-art artificial intelligence tools, and make a significant contribution to JPMorgan Chase & Co.s success

Job responsibilities

• Perform in-depth review of cost basis transactions to ensure accuracy and compliance with regulatory requirements.
• Conduct reconciliations of clients income and tax withholding to identify discrepancies and resolve them efficiently. Process Tax WH adjustments to client's account to be remitted to US IRS.
• Prepares and generates reportable tax statements to be sent to the bank clients and transmitted to US IRS.
• Understand US Tax Reporting & Withholding. Knowledge of US Tax Reporting specifically 1099 1099-B 1042S is a plus.
• Clean and preprocess data to eliminate errors. Remediate inconsistencies and inaccuracies. Process and manipulate data to make it usable and relevant for analysis and reporting.
• Maintain documentation of audit findings, procedures, and recommendations for improvement.
• Identify Opportunities for process automation and work on streamlining and improving existing processes for efficiency and accuracy.

Required qualifications, capabilities, and skills

• Bachelor's degree in finance, Accounting, Business Administration, or related field
• Minimum of 3 years of experience in global shared service industry.
• Proficiency in data analysis, data reconciliation and process automation
• Advanced actual experience in MS Excel handling heavy data is a MUST.
• Strong analytical and problem-solving skills with ability to identify discrepancies and execute solutions.
• Excellent communication and teamwork skills to collaborate with colleagues.
• Attention to detail, accuracy, and a commitment to maintaining high standard of excellence.
• Self-motivated and driven to explore innovative solutions and drive process improvements.

Preferred qualifications, capabilities, and skills

• Experience with artificial intelligence tool i.e. Alteryx, XCeptor, Tableau is an advantage
• Understanding of US tax reporting with hands on experience is an advantage.