Corporate Tax - Associate

Testing Site - JPMC; Chicago (IL); On-site; USD 90,000 - 120,000; Full time

Job summary

Testing Site - JPMC in Chicago is seeking a Tax Associate to join the Corporate Tax team. You will gain exposure to tax accounting, ASC 740 calculations, and state/local tax compliance across multiple entities.

The role emphasizes preparation of federal, state, and local corporate income tax returns, with attention to state income/franchise taxes and related footnotes. A background in accounting with several years of tax experience is desired.

Qualifications

• Accounting degree essential.
• 4–6 years of relevant tax accounting and compliance experience.
• 2–4 years of state income/franchise tax experience.
• Excellent communication, organizational, and detail-oriented skills; self-starter.
• Experience with Microsoft Office, Alteryx, and BI tools.

Responsibilities

• Compute current and deferred tax provisions and liabilities.
• Analyze new transactions for book-tax differences.
• Monitor new accounting policies for proper tax treatment.
• Assist in preparation of annual tax footnotes as applicable.
• Prepare federal, state, and local corporate income tax returns for various entities.
• Document tax return support in Corporate Tax workflow database.
• Perform ad hoc tax research as needed.

Skills

Communication skills

Organizational skills

Attention to detail

Self-starter

Microsoft Office

Alteryx

BI tools

Education

Bachelor’s degree in accounting

MBA in tax / MST

CPA license

Tools

OneSource Income Tax

OneSource Tax Provision

SAP

Microsoft Excel

Power BI

Job description

Join the Corporate Tax team!

As a Tax Associate in the Corporate Tax team, you will gain exposure to tax accounting and compliance assignments from a US federal and state and local tax perspective. From a tax accounting perspective, the Associate will become knowledgeable of the components and calculations of the effective tax rate and deferred taxes pursuant to ASC 740 (formerly FAS 109). From a tax compliance perspective, the tax associate should be familiar with the federal, state and local corporate income tax return preparation for a variety of JPMC entities with a focus on state income and franchise taxes.

Job Responsibilities:

• Compute current and deferred tax provision and liabilities on previously identified book-tax differences
• Analyze new transactions to determine potential book-tax differences and other related tax accounting treatment
• Monitor new accounting policies and pronouncements to determine proper tax treatment of such new emerging issues
• Assist in preparation of separate entity Annual Report tax footnotes as applicable
• Prepare federal, state, and local corporate income tax returns for a variety of firm entities. This includes gathering and analyzing financial information to properly determine the impact on such tax returns
• Document all tax return support in Corporate Tax’s workflow database
• Ad hoc tax research related to various tax return positions

Required qualifications, capabilities, and skills:

• Accounting degree required
• 4-6 years of relevant tax accounting and compliance experience
• 2-4 years of state income/franchise tax compliance experience
• Excellent communication, organizational skills, and attention to details skills; self-starter
• Ability to effectively use various programs such as Microsoft Office, Alteryx, BI tools

Preferred qualifications, capabilities, and skills:

• An MBA with emphasis in tax, or an MST and/ or a CPA license is a plus
• Big 4 accounting firm experience is preferred
• Knowledge of OneSource Income Tax and/or OneSource Tax Provision is a plus and preferred
• SAP is a plus