Legal Entity Controller- Vice President at JPMC Candidate Experience page

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

13 Jun, 26

Salary

0.0

Posted On

15 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Reporting, US GAAP, Local GAAP, Controls, Stakeholder Management, FX Risk Management, FASB (FAS 52), General Ledger Controls, IFRS Reporting, Budgeting, Forecasting, Regulatory Reporting, Financial Analysis, Capital Management, People Management

Industry

Financial Services

Description

You are a strategic thinker passionate about driving solutions in Legal Entity Controller. You have found the right team As a Vice President passionate about promoting solutions in Legal Entity Controller within the team, you are responsible for oversight including accounting & reporting of legal entity financial statements for US GAAP and local GAAP. Job Responsibilities * Oversee accounting and reporting of legal entity financial statements for US GAAP and local GAAP. * Ensure robust controls as a critical aspect of delivery, catering to multiple stakeholders across various lines of business, legal entities, and regions. * Demonstrate expertise in key deliverables, providing day-to-day direction to the local team and taking direct responsibility for stakeholder deliverables. Review and own FX risk management through trade-out and capital hedging in accordance with FASB (FAS 52) requirements. * Monitor general ledger controls, including attributions, inter-entity and investment equity breaks, IFRS reporting, budgeting, and forecasting (GLRS). * Review and prepare regulatory reporting in compliance with various US Fed requirements. Prepare management information summary decks to support senior management decision-making by analyzing financial performance. * Report and ensure compliance with critical regulators such as RBI, HKMA, MAS, APRA, and others. Review and prepare BASEL, risk reporting, and capital management documentation. * Conduct periodic financial statement reporting and analysis, including balance sheet, profit & loss, off-balance sheet, and volume/exposure reporting as required by local regulations. * Adhere to control metrics, legal entity control standards, and other policies, including review of booking models. * Perform daily monitoring and controls to ensure operational integrity. Maintain and develop relationships with onshore partners and business teams. * Implement internal controls policies and procedures to mitigate financial and business risks. Migrate to strategic data sourcing platforms to enhance data integrity and efficiency. Evolve relationships with onshore teams and business partners to foster collaboration. Review, drive, and implement strategic priorities, projects, and initiatives. * Lead strategic conversations for ongoing projects, system implementations, and finance transformation initiatives. Manage people and careers, engaging team members to keep them motivated and challenged. Required qualifications, capabilities, and skills * Qualified Chartered Accountant or Equivalent Finance Degree or a subject of a technical nature * Self-starter, able to prioritize key tasks & manage deliverables effectively * Advanced skills in Excel and PowerPoint * Inquisitive, enthusiastic, and diligent * Strong verbal and written communication skills with the ability to articulate complex issues clearly * Ability to create ad hoc reporting for senior management * Proven track record for executing on special projects / assignments with often little lead time or information * Highly motivated and able to thrive and think clearly under pressure and tight deadlines * Team player with the ability to be respected as a trusted partner * Highly motivated self-starter with excellent time management/prioritization skills * Strong analytical and problem-solving skills with ability to analyze large data sets and present conclusions concisely * Strong people management skills Preferred qualifications, capabilities, and skills * 2+ years of work experience, preferably in Financial Services, and/or accounting/controller background * Should be flexible with shifts but in general it will be an India login timing i.e. 9AM IST or earlier on certain days of the month depending on the critical functions being handled. 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. J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Responsibilities

The Vice President is responsible for overseeing the accounting and reporting of legal entity financial statements under both US GAAP and local GAAP, while ensuring robust controls are in place for various stakeholders. Key duties include owning FX risk management, monitoring general ledger controls, preparing regulatory reporting, and analyzing financial performance for senior management.