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Financial Controller - Associate

ExperiencedNo visa sponsorship
J.P. Morgan logo

at J.P. Morgan

Bulge Bracket Investment Banks

Posted 8 days ago

No clicks

**Job Summary - Financial Controller - Associate, Mumbai** The **Financial Controller - Associate** in Mumbai is responsible for driving financial strategies and delivering financial reports. Manage the monthly consolidation of income statements and balance sheets, develop financial reports, maintain general ledger, and ensure regulatory compliance. Key responsibilities also include controlling post-closing entries, performing control procedures, managing cash and settlement exceptions, and collaborating with businesses to understand and approve monthly profit and loss statements. Candidates should have: - 4+ years in relevant work experience in Controllership or Accounting - Bachelor’s degree in Accounting, Finance, or related field - Basic knowledge of US GAAP/IFRS standards - Experience with SAP interface preferred - Ability to learn quickly and leverage systems and data flows - Chartered Accountant or MBA Finance preferred

Compensation
Not specified

Currency: Not specified

City
Mumbai
Country
India

Full Job Description

Location: Mumbai, Maharashtra, India

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 

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) 

  • Bachelors 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 

  • 4 years of relevant work experience in same industry or Controllership or Accounting domain 

  • Basic understanding of the firms 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 

Build your career in Financial Control while working in the worlds most innovative bank which values creativity and excellence.

Financial Controller - Associate

Compensation

Not specified

City: Mumbai

Country: India

J.P. Morgan logo
Bulge Bracket Investment Banks

8 days ago

No clicks

at J.P. Morgan

ExperiencedNo visa sponsorship

**Job Summary - Financial Controller - Associate, Mumbai** The **Financial Controller - Associate** in Mumbai is responsible for driving financial strategies and delivering financial reports. Manage the monthly consolidation of income statements and balance sheets, develop financial reports, maintain general ledger, and ensure regulatory compliance. Key responsibilities also include controlling post-closing entries, performing control procedures, managing cash and settlement exceptions, and collaborating with businesses to understand and approve monthly profit and loss statements. Candidates should have: - 4+ years in relevant work experience in Controllership or Accounting - Bachelor’s degree in Accounting, Finance, or related field - Basic knowledge of US GAAP/IFRS standards - Experience with SAP interface preferred - Ability to learn quickly and leverage systems and data flows - Chartered Accountant or MBA Finance preferred

Full Job Description

Location: Mumbai, Maharashtra, India

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 

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) 

  • Bachelors 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 

  • 4 years of relevant work experience in same industry or Controllership or Accounting domain 

  • Basic understanding of the firms 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 

Build your career in Financial Control while working in the worlds most innovative bank which values creativity and excellence.