Job Location: Columbus, OH
The GIG Analyst will obtain experience in both real estate taxes and incentives for JPMC’s operations worldwide , as well as exposure to other areas such as sales and use tax and personal property tax . The key responsibilities for the position are as follows:
Global Real Estate Taxes
- Review calculations for global tax bills by verifying tax collector has used correct assessed valuation and tax rate, as well as computed tax bills with full accuracy
- Process timely tax payments for global properties to ensure no penalty and interest accrues
- Prepare monthly and annual reconciliations of domestic real estate taxes paid against the JPMC purchase order for annual real estate tax liability
- Prepare payment reconciliations for international real estate taxes paid according to tax payment frequencies (e.g., monthly, quarterly, annually), and research significant variances YoY
- Monitor and research on a recurring basis any changes to JPMC property portfolio, including purchases, sales or lease terminations, expirations, or commencements, and assist with communicating findings to real property tax payment and appeal vendors to ensure payments are accurately and timely made during transition and appeal opportunities are maximized
- Research inquiries from JPMC Lease Administration, Legal, and other internal stakeholders and third parties such as landlords regarding payment status of domestic real estate taxes and other issues as necessary
- Actively update the Global Real Estate Tax Payment Tracker, including changes to JPMC property portfolio as well as changes to payment requirements and due dates by jurisdiction
- Prepare tax filings and/or tax appeal related requests to preserve tax appeal rights and to avoid monetary penalties
- Proactively work with tax appeal vendors globally to supply JPMC income and expense data, portfolio acquisitions / dispositions, closing statements, and additional information as requested daily
- Assist in communicating with Lease Admin and landlords on gross lease properties to ensure property taxes are being reviewed and tax appeals are filed where warranted
- Actively update the Global Real Estate Tax Appeal Tracker to track status and outcome of appeals, valuation changes, real estate tax savings from tax appeals and amount of contingent fees for tax appeal vendors
- Deposit real estate tax refund checks and maintain a register of JPMC refunds and real estate tax appeal wins to track tax savings achieved
Global Tax Incentives
- Research available tax incentives programs, statutory and discretionary tax exemptions and abatements at the international, federal, state, local levels – including but not limited to energy, sales and use tax, real and personal property tax, training, headcount expansion and retention and capital investment – to support JPMC’s real estate projects and overall business objectives
- Identify incentive programs that support specific JPMC strategic initiatives, such as achieving net-zero emissions by 2050, the Working at JPMC Program, and employee training and technology
- Perform calculations to quantify estimated and actual benefits related to incentives, exemptions and abatements
- Perform sensitivity analysis to determine impact to incentives benefits based on anticipated changes and what if scenarios in headcount levels, capital investment, et al.
- Prepare all required documents required by incentives programs to comply with program requirements and to receive benefits
- Maintain the GIG Incentive Compliance Tracker to ensure timely submission of all required incentives documents according to contract deadlines and in compliance with JPMC’s Sworn Document policy
- Help to establish processes to track and ensure JPMC compliance with terms of all incentive contracts, including identification and/or quantification of any noncompliance
Other
- Prepare professional presentations for senior management
- Process timely payments of vendor invoices related to Real Estate Tax Operations and Incentives projects
- Receive, sort and process mail for Real Estate Tax Operations and Incentives
- Maintain changes to the GIG Playbook to ensure currency and compliance with JPMC policy
- Develop and maintain process documents for significant workstreams within Real Estate Tax Operations and Incentives
- Assist with management and compliance with JPMC’s Sworn Document policy
Qualifications
- Bachelor’s degree in finance, accounting, economic, business, MIS or equivalent
- 0-3 year work experience, incentive/real estate tax experience at a multinational firm or financial services experience is a plus
- Strong organization skills, ability to manage multiple projects/tasks required
- Strong quantification and analytical skills required
- Ability to work flexible hours to manage projects relating JPMC’s international operations
- Accounting and/or finance knowledge/background a plus
- Experience with corporate accounts payable systems is a plus
- Experience in Microsoft Office products (MS Word, Excel, PowerPoint, Access, Visio, Project)
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans
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