JPMorgan Chase Global Transaction Tax Manager - Dallas, TX in Dallas, Texas

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

Tax Operations and Oversight (TOO) is a team that works across Chase Consumer and Community Banking (CCB) to ensure compliance to tax reporting regulations by implementing and maintaining appropriate governance, oversight and controls. The organization also operates as a critical partner to Asset Management, Commercial Banking and Corporate & Investment Bank to support some of their operational tax reporting needs. Our employees embrace the Five Keys to a Great Customer Experience.

TOO consists of the following functions:

  • CCB Tax Governance & Oversight

  • Tax Reporting and Withholding Services

  • Business Reporting & Analytics

  • Tax Onboarding and Withholding

  • Tax Reporting Controls and Testing

  • Merchant Services Tax

Merchant Services is the global payment acceptance and merchant acquiring business of JPMorgan Chase & Co. Merchant Services is a leading provider of payment, fraud management and data security solutions, capable of authorizing transactions in more than 130 currencies. The company’s proprietary platforms provide integrated commerce solutions for all major credit and debit card payments as well as mobile payments. Merchant Services has uniquely combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for ecommerce companies.

Job Description

The Vice President– Global Transaction Tax for Merchant Services will monitor compliance with domestic and foreign sales, use, VAT, GST/HST and similar tax laws and regulations to ensure compliance. The successful candidate will provide technical tax support and advice to operational and administrative groups across the business to ensure that Merchant Services’ systems and processes are in compliance with all applicable tax laws. By employing a pro-active approach to evolving tax legislation and regulations this role will contribute to the growth and success of the business and our ability to provide the services our customers need.

Key Responsibilities

  • Support the growth and expansion of Merchant Services globally

  • Assist the business in dealing with complex sales, use and VAT tax issues

  • Lead efforts to ensure that tax reporting, financial systems, procedures, controls and policies are appropriate and functioning so that timely, accurate and reliable information is produced.

  • Understand and advise the business how to incorporate regulatory tax changes into the Merchant Services operating and systems environment.

  • Liaise with business engineering in the design and implementation of information systems that will support tax compliance efforts.

  • Respond to tax compliance inquiries throughout the year. This includes tax-related inquiries from operations, technology, internal service providers and client facing groups.

  • Work across the business to establish controls to improve tax compliance

  • Research taxability of products and services and maintenance of taxability profiles within systems and conduct annual taxability review of products and services

  • Work with Corporate Tax, Legal and Government Affairs on tax issues relevant to the business

  • Recommend and assist in the development of new/enhanced tax reporting systems, policies, procedures and controls to meet changing circumstances and existing inefficiencies.

  • Review customer, partner and vendor contracts and make tax related recommendations and comments.

  • Research complex tax questions and liaison with JPMC Corporate Tax and Tax Operations as needed.

  • Work with JPMC Corporate Tax and JPMC Tax Operations to respond to audit requests and tax compliance issues.

  • Review of tax account reconciliations for financial reporting.

  • Manage outside consultant engagements as necessary.

  • Interpret federal, state and local tax legislation to understand tax implications that impact the business.

  • Review tax calculations made by internal and external processing platforms for accuracy.

  • Liaise with managers to ensure they are familiar with the tax requirements of their specific business areas.

  • Review of any business level tax returns.

Qualifications

  • Bachelor Degree Business/Accounting (Masters and CPA preferred)

  • Minimum 7 - 10 years of relevant tax experience and demonstrated ability to positively interface with other departments, colleagues, senior management and external clients is required

  • Industry experience (financial services/payment processing) would be beneficial.

  • Extensive understanding of US sales and use tax principles and rules and the ability to communicate the application of those to non-tax personnel within the business.

  • General knowledge of Canadian HST/GST/PST and other VAT tax systems

  • Knowledge of operations and controls of various financial systems and software applications such as (SAP, Vertex) and the ability to extract and utilize the information from these systems.

  • Excellent communication and interpersonal skills - job requires communicating tax rules/regulations in understandable ways to business teams and customers and working directly with project teams on tax functionality.

  • Strong Microsoft Office skills

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.