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JP Morgan Chase

Runs a consumer bank and an investment bank

Financial Controller - Associate

Financial AccountingConfirmed live in the last 24 hours
Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

  • Basic experience with a financial consolidation and reporting system, such as a SAP interface.
  • A bachelor's degree in Accounting, Finance, or a related business field.
  • Basic knowledge of industry standards and regulations for U.S. Generally Accepted Accounting Principles (GAAP) and/or International Financial Reporting Standards (IFRS).
  • Chartered Accountant, MBA Finance, or an equivalent degree from another university.
  • Four years of relevant work experience in the same industry or in a controllership or accounting domain.
  • Basic understanding of the firm's products and their accounting.

Responsibilities

  • Manage the monthly consolidation of JPMorgan Chase income statement and balance sheet; develop and maintain financial reports and schedules; and control post-closing entries and consolidation adjustments.
  • Perform control procedures to ensure the integrity of reported financial results and participate in producing the monthly Financial Variance Analysis Report.
  • Support ad hoc requests for financial information from across the firm and work with relevant 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, and complete the monthly general ledger reconciliation process.
  • Perform T0 versus T1 checks, provide profit and loss commentary on mark-to-market profit and loss including market drivers, and review RSBPL Scallops.
  • Reconcile source data to the ledger and resolve breaks.
  • Maintain a strong internal control environment, attest to the control tool and maintain supporting evidence, and manage ad hoc stakeholder queries, including from front office, the chief operating officer, and financial or product controllers.
  • Provide daily balance sheet commentary based on business drivers; close books during month-end, including clearing breaks, commenting on material profit and loss movements, and posting journals.
  • Perform balance sheet substantiation.

Desired Qualifications

  • Critically challenge processes with the goal of identifying control issues.
  • Basic understanding of transformation and visualization products such as Alteryx, Tableau, and UiPath, and other intelligent solutions.
  • Quickly understand complex processing systems and general ledger systems across the infrastructure, including their interrelationships and dependencies.
  • Aptitude for learning and leveraging systems and data flows.

About the Company

JP Morgan Chase

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.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1799

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