Financial Controller Associate at JPMC Candidate Experience page

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

15 Jun, 26

Salary

0.0

Posted On

17 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Consolidation, Reporting Systems, Analytical Acumen, Financial Reporting, Control Procedures, Regulatory Reporting, General Ledger Reconciliation, Variance Analysis, Cash Exceptions, Profit And Loss Statements, Internal Control Environment, SAP Interface, US GAAP, IFRS Standards, Alteryx, Tableau

Industry

Financial Services

Description

You are a strategic thinker passionate about driving solutions in financial control. You have found the right team. 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. 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. 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. Job responsibilities * 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. Attest control tool and maintain evidence of same.  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 *  Perform balance sheet substantiation Required qualifications, capabilities, and skills * Basic experience with a financial consolidation and reporting system (i.e. SAP interface) * Bachelor’s degree in Accounting, Finance, or related business field * Basic knowledge of industry standards and regulations for US GAAP &/or IFRS Standards * Chartered Accountant or MBA Finance or equivalent degree from any other university * 7 years of relevant work experience in same industry or Controllership or Accounting domain * Basic understanding of the firm’s products & its accounting  Preferred qualifications, capabilities, and skills * 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 * Aptitude for learning and leveraging systems and data flows JPMorganChase, 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 [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. 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.

Responsibilities

The role involves managing the monthly consolidation of the income statement and balance sheet, developing financial reports, controlling post-closing entries, and performing control procedures to ensure data integrity. Responsibilities also include participating in variance analysis, reconciling source data to the ledger, and substantiating the balance sheet.