Job ref no.: CT3114386-01#7700

Asset Management, Global Real Assets, Head of Tax, Asia Pacific

JP Morgan Chase

J.P. Morgan Asset Management – Global Real Estate (“GRE"), established in 1970, is one of the world’s leading real assets investment managers with approximately US$70 billion in assets under management and over 400 dedicated investment professionals located in 14 offices across Asia, North America and Europe. GRE creates value for our clients through the selective acquisition, development and aggressive asset management of real estate and infrastructure investments. The investment vehicles have typically been both open and closed-end commingled funds.

The Senior Tax Officer – Asia Pacific will be responsible primarily for all tax and related legal aspects of real estate investments, and the Global Real Estate Asia Pacific business unit. The Senior Tax Officer will also act as GRE Asia Pacific’s liaison with JPMorgan corporate level tax management and provide support for corporate wide tax matters and initiatives.

Responsibilities include:
Transaction Level
  • Working with the GRE Asia Pacific acquisitions team and advising on most advantageous company structures to maximize tax efficiencies. Review of legal documentation for each investment/divestment. Coordination of external advisors, review and sign off on all tax due diligence of potential investments/divestments across Asia. Experience with the following jurisdictions is preferred: Japan, Australia, Korea, Singapore
  • Review of company secretarial matters (e.g. board resolutions to approve an investment) and corporate documents from a tax perspective
  • Review of underwriting models, valuation reports and monitoring reports of investments to ensure tax assumptions are relevant and consistent
Fund Level
  • Tax analysis for the structuring of new funds and implementation of the structure including review of fund documents (PPM, partnership agreements, M&A of companies, subscription documents)
  • Preparation, maintenance and oversight of Operating Guidelines for all funds to minimize the potential for unexpected taxes, permanent establishment or other adverse consequences to the funds as a result of the operations in Asia Pacific
  • Preparation of annual FIN48 review for sign off of fund level financial statements; coordination and communication with tax advisors and auditors
  • Ensuring local tax filings are taking place, including applications for resident fund tax exemptions and liaison with the regulators. Tax compliance for fund entities across multiple locations including partnership returns in the UK, company tax returns in various jurisdictions and related transfer pricing documentation, c698 reporting packages in the PRC
  • Apply for and ensure up to date tax residency certificates are obtained for fund entities in various jurisdictions
  • Review of disclosure of tax items in fund level and fund company financial statements
  • Oversight of client related tax reporting requirements including US K-1s
  • Coordination of US tax analysis of investments for US investors and preparation of required elections including check-the-box elections, s338 elections if required for investments
  • Responding to ad hoc questions from investors in relation to the tax affairs or structure of the funds
  • Familiarity with Open Ended Funds
Investment Adviser Level
  • Support and facilitate JPMorgan tax management on various corporate tax matters such as transfer pricing, FATCA, CRS
  • Oversee corporate tax matters for JPMorgan GRE Asia Pacific group entities including reviewing quarterly tax accounting package, annual tax returns etc. for entities
  • Liaising with regulators or tax authorities in various locations including responding to transfer pricing audit enquiries, enquiries into tax returns from tax authorities across Asia and other holding company jurisdictions
  • Ad hoc personal tax queries in relation to GRE Asia Pacific employees
Requirements
  • Tax professional (chartered accountant, lawyer or similar professional tax qualification) with Big 4 or in-house tax experience in Asia
  • Minimum 12 years experience, including advising real estate or private equity funds, with the majority of this time spent in Asia
  • Knowledgeable of tax laws in various Asian jurisdictions including China, Japan, Australia, Korea, Singapore specifically in relation to fund structuring and fund investments
  • Knowledgeable in international tax concepts such as permanent establishment, tax treaties and transfer pricing
  • Able to manage external tax advisors in cost-efficient manner and balance advice with commercial judgment
  • Familiar with tax analysis for US investors in overseas funds and US tax reporting for funds
  • Able to communicate (both verbally and in writing) complex tax issues in a straight forward manner to non-tax professionals

 

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More job information
Job ref no. CT3114386-01#7700
Salary
  • N/A
Job Function
Industry
Employment Term
  • Full-time
Experience
  • 12 years - 17 years
Career Level
  • Middle management level
Education
  • Degree