Associate Entity Controller
JP Morgan Chase
Associate Entity Controller
JP Morgan Chase
Runs a consumer bank and an investment bank
Job Title: Associate - Entity Controller
Location: Bengaluru
About JPMorganChase & Co.
JPMorganChase & Co. is a leading U.S.-based financial services firm with a global presence, serving millions of customers through its J.P. Morgan and Chase brands. Its Global Finance & Business Management (GF&BM) India center supports the Office of the CFO from Mumbai, Bengaluru, and Hyderabad, providing Controllers, Planning & Analysis, Finance Operations, and Business Client & Products services. Teams are aligned with major business lines, offering diverse career growth in an inclusive culture rooted in Service, Heart, Curiosity, Courage, and Excellence. The Commercial & Investment Banking (CIB) Controllers organization ensures financial integrity, regulatory compliance, and continuous process improvement.
As an Entity Controller (LEC) within CIB, you are responsible for overseeing activities in legal entities, ensuring the integrity and accuracy of financial results and statements. The current opening is within GF&BM CIB Controllers in Bengaluru, which is part of the CIB Line of Business (LOB) within GF&BM India.
Job Responsibilities
Accounting & reporting for Legal entities in EMEA region (excl. UK) on monthly basis as per US GAAP including month-end close process, parent/child accounting, equity pick up, Capital Hedge, review of inter-entity breaks, and unnatural general ledger balance monitoring
End to end ownership for month end close activities like Fx Trade out, Capital Hedge, EPU, etc.
Quarterly regulatory reporting as per local GAAP for EMEA entities like Liquidity reporting, VAT return etc.
Liasing with auditors and support Legal Entity Controllers for audit and related documentation.
Supervise FR/FFIEC reporting, expense and revenue allocations, local regulatory submissions, and FX hedging.
Daily monitoring and control of activities involving reconciliations.
Prepare and submit weekly financial statements and liquidity reports for selected balance sheet items.
Conduct quarterly P&L and balance sheet reporting, including onshore/offshore ratio-based analysis.
Analyze legal entity and line of business results, including variance analysis, booking validation, and transfer pricing compliance.
Partner with Financial Control, Tax, and other stakeholders on revenue allocation and transfer pricing updates, and work alongside regional controllers to resolve legal entity and line of business inconsistencies.
Drive process transformation by leveraging advanced technology solutions and partnering with strategic technology development teams to achieve sustainable process improvements.
Required qualifications, skills and capabilities
CA, MBA, CFA, or CMA with a minimum of 6 years of relevant experience.
Demonstrated leadership skills with the ability to motivate and guide teams.
Solid understanding of industry practices and accounting principles.
Strong analytical abilities and interpersonal skills.
Effective written and verbal communication and presentation skills.
Familiarity with process transformation methodologies or automation solutions.
Proactive, detail-oriented, and collaborative approach.
Preferred qualifications, skills and capabilities
Knowledge of IFRS, US GAAP, and financial products.
Knowledge of SAP, Axiom, WDesk.
Knowledge of Alteryx, Qlik Sense, Python, Tableau.
Runs a consumer bank and an investment bank
JPMorgan Chase runs the largest bank in the United States, which serves households and small businesses as Chase and large companies, governments, and investors as J.P. Morgan. During the 2008 financial crisis it bought the failing investment bank Bear Stearns and lender Washington Mutual, and in 2023 it took over First Republic Bank after regulators seized it. Chase takes deposits and earns interest on credit cards, mortgages, and car loans, while the investment side earns fees for advising on mergers, raising money for companies, trading stocks and bonds, and managing wealth. Formed in a 2000 merger, JPMorgan Chase traces its roots to 1799 and is based in New York City.
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