JOB DESCRIPTION
This role provides an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end. The Associate will liaise with the line of business finance teams, operations, and the Legal Entity Controller community to drive the Legal Entity agenda.
Job responsibilities
Legal Entity accounting & Line of Business controller including month-end close process, parent/child accounting, equity pick up, review of inter-entity breaks, and unnatural general ledger balance monitoring. Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed.
Month-End analytical review of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, as well as Legal Entity and line of business financial commentary and regulatory reporting requirements.
Investigation, analysis and resolution of issues and response to ad-hoc queries
- Assist in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring
- Intercompany Activity Control including variance commentary
- Monitoring of the G/L including consolidation and netting
- Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed
- FX exposure review and management
- Collaborate with the broader GPB Controllers team and assist in key project related deliverables
- Define testing & quality assurance requirements and run testing with a particular focus on automated testing solutions
Required qualifications, capabilities, and skills.
- An interest in accounting and control processes
- Developing understanding of financial statement structures and US GAAP / IFRS or any local GAAP
- Comfort with daily, monthly, or quarterly reporting cycles and strict deadlines
- Experience using or willingness to learn SAP, MS Office suite
- Bachelor's degree in Finance, Accounting, Economics (or related discipline) or equivalent experience
- 4/5 years’ working experience
- Shift Timing: EMEA/ Asia
Preferred qualifications, capabilities, and skills
- Working understanding of business intelligence tools (Tableau, Alteryx, Python, etc)
ABOUT US
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.