Tax Operations Analyst Job Description
Tax Operations Analyst Duties & Responsibilities
To write an effective tax operations analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included tax operations analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Tax Operations Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax Operations Analyst
List any licenses or certifications required by the position: CPA, W8/W9, IRS, WHT
Education for Tax Operations Analyst
Typically a job would require a certain level of education.
Employers hiring for the tax operations analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Economics, Management, Associates, Taxation, MBA, Technical, Financial Services
Skills for Tax Operations Analyst
Desired skills for tax operations analyst include:
Desired experience for tax operations analyst includes:
Tax Operations Analyst Examples
Tax Operations Analyst Job Description
- Validation and reconciliation of tax data and documentation
- Liaising with Agent Banks and Tax Authorities to ensure accurate tax payments and timely recoverability of tax reclaims
- Providing tax-related operational support to client service reps, sales and clients
- Producing weekly and monthly management reporting
- Supporting process and procedure documentation, review, & maintenance
- Work with global teams to support implementation of evolving global tax regulations
- Document business/functional requirements along with process flows and recommend approaches to implement tax processing/reporting solutions
- You will act as a risk manager for the firm through ongoing assessment and awareness of the tax regulatory environment and the firm’s adherence to its regulatory obligations
- Review and interpret market updates to evaluate tax impact and outline operational proposals as to how we should adapt to that change
- You will have excellent opportunities to develop your career as regulatory change management is at the forefront of the firm’s strategy and the industry
- Flexible to work overtime, night shift and on holidays
- Work with technology to define technology requirements are defined and deliverables are met
- Review of tax returns, if needed, to support Custody service requirements
- Strong knowledge of tax legislation and application with respect to JPM clients, being superannuation entities and managed investment schemes
- Strong knowledge of taxation principles in relation to underlying securities held by our clients
- Understand underlying accounting principles and the relationship between accounting and tax
Tax Operations Analyst Job Description
- Robust client service
- Tax Service for Direct Investments
- Contact for client requests with respect to international source tax and respective collaboration with the global tax team
- Inquiries Management & Tax Information distribution to our clients
- Contact for client requests, regulator and internal issues
- Support various Global Business Units (Prime Brokerage, PWM, FX, Client On-Boarding, ) through the collection, validation, and re-solicitation of tax documentation where required and work through resolution of tax form issues with the various business units and clients
- The position is within the Tax Operations Group, whose primary responsibility is to maximise client's investments by either facilitating effective tax relief at source on our client investment income or retrospectively reclaiming taxes from global tax authorities
- Responsible for collection and validation of all applicable client documentation within strict SLA guidelines
- Implement any determined impact to the CIB Custody business of all tax related newsflashes
- Regular review of Documentation reclaim items to resolve all 'non-document' related items
- Collaboration with BAU operations teams as representative SME
- Understanding of current holistic BAU operating model and impacts of changes on the operating model
- Strategic vision for the future operating model taking into consideration 24 hour clock, global localities, and shorter time frames for deliverables
- Ability to document clear and concise complex requirements for technology developers
- Able to work well in a team and independently with offshore resources
- A relevant tertiary qualification in finance or accounts
Tax Operations Analyst Job Description
- Act as a contact point for Relationship Managers / Client Service staff for complex tax documentation issues
- Attend / deliver internal and external presentations
- Support Tax Training initiatives / undertake cross training with other members of the team
- Maintain tax document templates for internal use
- Ensure adherence to Standard Operating Procedures as per departmental guidelines
- Identify and manage risk situations, escalating where appropriate
- The incumbent will sit on a global change management committee and will be responsible for ownership of all aspects of the project management process cycle from a tax perspective
- Analyze, build, test, and implement routine price changes
- Analyze, build, test, and implement rate structure changes
- Analyze, build, test, and implement marketer price changes
- Ability to develop project briefs for technology developers
- 2 to 3+ years of Banking / Cash Product / Securities / Processing experience in financial services environment
- Highly organized with the ability to manage a variety of tasks and deliverables
- Intermediate knowledge of Microsoft Excel applications (functions V-Lookups
- Basic working knowledge of the other Microsoft Office applications
- General to intermediate accounting (debit and credit) knowledge
Tax Operations Analyst Job Description
- Assure all rates kept in CIS control - No 'Special' Billing
- Participate in Data & Tax Package Analysis
- Documentation & MIS of Data Analysis & Inquiries
- Tax Related & Security Research
- MIS Tracking
- Year End Transactional Processing
- Year End Controls & Verification
- Documentation & Issue Resolution
- Maintain and create new AD Hoc Reporting Shells
- More Detailed/Analytical Tax Related Inquiries & Tracking
- 2 years of related experience, or equivalent work experience
- Knowledge and experience in areas of customer account management, invoicing, financial structures
- Experience in Structured Query Language (SQL) and complex table structure management
- Experience in Relational Data Base models
- Experience working in IBM TSO/ISPF environment highly desirable
- Proficient in Microsoft Office products (Excel, Word, PowerPoint, Access)
Tax Operations Analyst Job Description
- Participate in Meetings with Business Partners to Assist in Development & Implementation of Best Practices
- Participate in Multiple Operational, Technology & Business Projects
- Communication & Participation of various project activities (business requirements, testing, implementation, procedures, etc)
- Development, Maintenance & Presentation of Training Materials
- Supporting the Tax Practice Quality Risk Management team in a number of areas, including the Tax Practice Review – assessing a sample of work from every partner and director in each office/Tax group
- Responsible for the productions of annual IRS tax forms
- Provide support to project managers in analysis, document creation, presentations, follow-ups, and meeting minutes
- Manage multiple efforts simultaneously across functions, business and organizational units
- Communicate recommendations and program status to stakeholders and key business partners
- Develop a strong technical knowledge of the private bank tax operating systems
- Flexible - ability to work long hours during tax season
- Proficient with Microsoft products-Word, Excel, Power Point, Project, Access, etc…
- High-energy accounting or finance major student in undergraduate or masters in tax program who is detail oriented, meticulous and organized
- The role holder will assist in the creation, communication and implementation of Business Change Initiatives
- The role holder will contribute to the delivery of exceptional business performance and be responsible for providing an excellent level of service through efficient workflow management
- A high level of IT user ability, experience and skills