Global Real Estate and Incentives Tax Associate

JPMCs Global Incentives Group (GIG) works to execute and maximize a diverse pool of incentive, real estate tax appeal, energy, and tax credit programs for all corporate strategies, retail strategies, capital investment projects, and business as usual operational activities. These savings are achieved through negotiations with various levels of governmental entities for discretionary incentives, researching statutory savings programs, filing for statutory tax credits and energy rebates, reviewing federal, state, and local tax code, and appealing real estate taxes.

As an Incentive Tax Associate within Global Real Estate, you will obtain experience in both real estate taxes and incentives for JPMCs operations worldwide, as well as exposure to other areas such as sales and use tax and personal property tax.

Job responsibilities:

• 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
• Review monthly and annual reconciliations of domestic real estate taxes paid against the JPMC purchase order for annual real estate tax liability
• 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 and respond to 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
• Prepare and manage tax filings and/or tax appeal related requests to preserve tax appeal rights and to avoid monetary penalties
• Proactively coordinate with tax appeal vendors globally to supply JPMC income and expense data, portfolio acquisitions / dispositions, closing statements, and additional information as requested daily
• 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 JPMCs real estate projects and overall business objectives
• Prepare and update written summaries on incentives program parameters, requirements, application process and claw back provisions
• Perform calculations to quantify estimated and actual benefits related to incentives, exemptions and abatements and prepare all required documents required by incentives programs to comply with program requirements and to receive benefits

Required qualifications, capabilities, and skills:

• Bachelors degree in finance, accounting, economic, business, MIS or equivalent
• 2+ years relevant work experience
• Introductory knowledge of business incentives at the federal, state, and local levels of governments and/or energy incentives from utility providers
• Strong research, organization skills, and ability to manage multiple projects/tasks required
• Strong verbal and written skills
• Strong quantification and analytical skills
• Ability to work flexible hours to manage projects relating JPMCs international operations
• Experience in Microsoft Office products (MS Word, Excel, PowerPoint, Access, Visio, Project)
• Accounting and/or finance knowledge/background
• Experience with corporate accounts payable systems

Preferred qualifications, capabilities, and skills:

• Incentive/real estate tax experience at a multinational firm or financial services experience
• JD or Masters degree (Taxation, Business, MIS)