CIB Markets LOB Financial Controller - Associate
- Recruiter
- JP Morgan Chase
- Location
- Mumbai, Maharashtra, India
- Salary
- Competitive salary
- Posted
- 19 Sep 2022
- Closes
- 29 Sep 2022
- Ref
- 210332598
- Approved employers
- Approved employer
- Job role
- Financial controller
Job Description
About the Employer
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and
operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business,
commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions
of consumers in the United States and many of the world's most prominent corporate, institutional and government
clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available
at www.jpmorganchase.com.
The Financial Accounting, Infrastructure and Reporting (FAIR) team is accountable for the integrity of the
books and records of the Firm / LOBs and leading large-scale data, infrastructure, accounting standard and business
process change management events. The regional locations covered by FAIR include EMEA (Europe/Middle
East/Africa), North America and Asia.
The organization closely examines the general ledger, operating systems and infrastructure controls across the
entire lifecycle and diverse product scope of the investment bank to ensure the firm's financial information is
accurately depicted for reporting and regulation purposes. This financial information is used by analysts to assess the
firm's financial position; by management to make sound financial decisions; by investors to make informed
decisions; and by regulators to supervise and examine the firm appropriately.
The most common functions and activities owned by FAIR include but are not limited to the following: financial
analysis, consolidation, reporting, balance sheet reconciliation and substantiation, general ledger reconciliation
reporting & governance, inter-entity control and governance, manual accounting/bookings to the general ledger and
operating systems, and executing the month end close process.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our
people are our strength and diversity of thought and practices makes us more successful.
Job Description
Work closely with line of business controllers, middle office, and operations
Work with the businesses to ensure understanding of monthly profit and loss
Manage the monthly consolidation of JPMorgan Chase income statement and balance sheet
Develop and maintain financial reports and schedules
Control post-closing entries and consolidation adjustments
Perform various control procedures to ensure the integrity of reported financial results
Participate in all aspects of the production of the monthly financial Flash Report
Support ad-hoc requests for financial information received from across the firm
Skills
Proficient desktop/spreadsheet/database skills
Proficient organizational and problem-solving skills
Proficient verbal and written communication skills
Basic understanding of the firm's products
Comfort liaising with business and risk partners while building and maintaining relationships
Ability to critically challenge with the goal of identifying control issues
Ability to understand business drivers and requirements and influence others to deliver solutions
Ability to quickly understand workings of a complex processing system and general ledger systems across
the infrastructure and their interrelationships and dependencies
Qualifications
Bachelor's degree in Accounting, Finance, or related business field
Basic knowledge of industry standards and regulations
CPA license beneficial in some FAIR roles but not required
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
About the Employer
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and
operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business,
commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions
of consumers in the United States and many of the world's most prominent corporate, institutional and government
clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available
at www.jpmorganchase.com.
The Financial Accounting, Infrastructure and Reporting (FAIR) team is accountable for the integrity of the
books and records of the Firm / LOBs and leading large-scale data, infrastructure, accounting standard and business
process change management events. The regional locations covered by FAIR include EMEA (Europe/Middle
East/Africa), North America and Asia.
The organization closely examines the general ledger, operating systems and infrastructure controls across the
entire lifecycle and diverse product scope of the investment bank to ensure the firm's financial information is
accurately depicted for reporting and regulation purposes. This financial information is used by analysts to assess the
firm's financial position; by management to make sound financial decisions; by investors to make informed
decisions; and by regulators to supervise and examine the firm appropriately.
The most common functions and activities owned by FAIR include but are not limited to the following: financial
analysis, consolidation, reporting, balance sheet reconciliation and substantiation, general ledger reconciliation
reporting & governance, inter-entity control and governance, manual accounting/bookings to the general ledger and
operating systems, and executing the month end close process.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our
people are our strength and diversity of thought and practices makes us more successful.
Job Description
Work closely with line of business controllers, middle office, and operations
Work with the businesses to ensure understanding of monthly profit and loss
Manage the monthly consolidation of JPMorgan Chase income statement and balance sheet
Develop and maintain financial reports and schedules
Control post-closing entries and consolidation adjustments
Perform various control procedures to ensure the integrity of reported financial results
Participate in all aspects of the production of the monthly financial Flash Report
Support ad-hoc requests for financial information received from across the firm
Skills
Proficient desktop/spreadsheet/database skills
Proficient organizational and problem-solving skills
Proficient verbal and written communication skills
Basic understanding of the firm's products
Comfort liaising with business and risk partners while building and maintaining relationships
Ability to critically challenge with the goal of identifying control issues
Ability to understand business drivers and requirements and influence others to deliver solutions
Ability to quickly understand workings of a complex processing system and general ledger systems across
the infrastructure and their interrelationships and dependencies
Qualifications
Bachelor's degree in Accounting, Finance, or related business field
Basic knowledge of industry standards and regulations
CPA license beneficial in some FAIR roles but not required
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.