JPMorgan Chase India | Financial Controller - Associate

Job responsibilities

• As the Financial Controller in our team, you will spend every day defining, refining, and delivering our financial strategies to meet the needs of our global business.
• You will be responsible for managing the financial reporting process, including the development and maintenance of financial reports and schedules.
• Your role will involve controlling post-closing entries, performing control procedures, and ensuring compliance with regulatory reporting requirements.
• You will work closely with line of business controllers, middle office, and operations teams to understand the operational impact of trading and ensure the integrity of our financial and reporting processes.
• Manage the monthly consolidation of JPMorgan Chase income statement and balance sheet.
• Develop and maintain financial reports and schedules while controlling 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 Variance Analysis Report.
• Support ad-hoc requests for financial information received from across the firm.
• Work with various areas to research, escalate, and clear cash and settlement exceptions in a timely manner.
• Collaborate with businesses and controllers to understand and approve monthly profit and loss statements, while completing the monthly general ledger reconciliation process.
• Perform T0 v/s T1 checks- Provide P&L commentary of mark to market P&L including Market drivers- Review RSBPL Scallops.
• Reconcile source data to ledger, resolve any breaks.
• Ensure the maintenance of a strong internal control environment.
• Manage ad hoc queries from stakeholders including front office, COO, financial/product controllers.
• Provide daily balance sheet commentary based on business drivers.
• Close books during month ends including clearing breaks, provide commentary on material P&L moves, posting journals.
• Demonstrating strategic thinking and a commitment to best practices, you will leverage your deep understanding of financial consolidation, reporting systems, and analytical acumen to make informed decisions that drive our business forward.
• Perform balance sheet substantiation

Requirements

• Basic experience with a financial consolidation and reporting system (i.
• Basic knowledge of industry standards and regulations for US GAAP &/or IFRS Standards.
• Basic understanding of the firm’s products & its accounting.
• Ability to critically challenge with the goal of identifying control issues.
• Basic understanding of transformation/visualization products such as Alteryx, Tableau, UI Path and other Intelligent Solutions Skills will be an added advantage.
• Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies.

JPMorgan Chase

JPMorgan Chase & Co. is one of the world's largest financial services firms, active in investment banking, commercial banking, asset and wealth management, and payments.

Its Indian global centres support the firm worldwide in finance, accounting, tax, controllership, risk, operations and technology. Typical roles for CAs and CPAs are product control, financial reporting, tax and regulatory reporting.

• Industry: Banking and financial services
• Headquarters: New York, USA
• In India: Corporate and investment banking in Mumbai; global corporate centres in Mumbai, Bengaluru and Hyderabad