Assistant Administrator – Tax Compliance and Regulatory Reporting

The role sits within the Tax Compliance and Regulatory Reporting team comprising of 16 members based in Jersey, Mauritius, British Virgin Islands and the UK London office. The team handles the preparation, review, and submission of UK (income tax, corporation tax, trust and estate tax compliance, inheritance tax), Jersey, UAE, Guernsey, and Isle of Man (IOM) tax returns for corporates, tax accounting, economic substance, withholding tax reporting, construction industry tax compliance, and tax due diligence in group acquisitions and restructurings for both JTC administered entities.

MAIN RESPONSIBILITIES AND DUTIES

• The role holder will be responsible for economic substance data processing and economic substance notifications/reporting for our BVI and Cayman offices under the supervision of the Tax Managers/Director.
• Process data collected from clients on economic substance and input onto Viewpoint, our core administration system.
• File Economic Substance returns on VIRRGIN platform.
• Following relevant training, confirm economic substance classification to clients by way of letter.
• Send annual economic substance questionnaires to clients or work with the BVI and Cayman teams in collecting and processing economic substance data.
• Check, maintain and ensure accuracy of the central diary system relevant to economic substance questionnaires, to ensure deadlines are recorded and subsequently achieved.
• Ensure that internal procedures and controls are properly followed.
• Any other duties as deemed necessary by Management.
• Adhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation.
• Adhere to CPD requirements in accordance with qualification level and in-house procedures.
• Adhere to the JTC core values and expected behaviours.
• Review legal and tax advice where appropriate and be able to interpret / implement relevant advice as required.
• Ensure a professional service is provided to clients and intermediaries.

ANTI-MONEY LAUNDERING AND COUNTER TERRORIST FINANCING OBLIGATIONS

As an employee of JTC (BVI) Limited and its subsidiaries, you are required by BVI law to adhere to its internal policies and procedures in an effort to combat and deter Money Laundering, Terrorist Financing (“MLTF”) and Proliferation Financing (“PF”) to further and/or promote the cause of any actions leading to weapons of mass destruction.

• Comply with JTC (BVI) Limited and its subsidiaries compliance manual and other internal control systems including all measures relating to AML/CTF mechanisms.
• Disclose any suspicion of MLTF you may come across in the course of your daily duties or interactions with clients and immediately bring these concerns to the attention of the designated Money Laundering Reporting Officer (“MLRO”) and/or senior management.
• Report using the Internal Suspicious Form (“iSAR”), of any suspicions you might have regarding a client to the designated MLRO.
• Have a reasonable general knowledge of the nature of the clients you are assigned, to be able to recognise suspicious activities or transactions.
• Remain vigilant to recognise activities/transactions that are unusual in the context of their understanding of the particular client’s business.

ESSENTIAL REQUIREMENTS

• Strong attention to detail, self-motivated and able to multi-task.
• Strong organizational and communication skills.
• General ability to read and understand financial statements.
• Experience in an administration role including use of the BOSS.
• Awareness of Economic substance rules desirable but not mandatory.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusive organisation where all individuals feel welcome and able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive. Whether you are just starting out or seeking new challenges, JTC offers an environment where you can grow, develop, and succeed at every stage of your career.