at J.P. Morgan
Bulge Bracket Investment BanksPosted 6 days ago
No clicks
**Legal Entity Control - Associate | Mumbai, India** Drive financial transparency and compliance as a strategic thinker in our Mumbai-based Legal Entity Control team. Key responsibilities include: - Accurate allocation of revenues and expenses across legal entities and business lines, adhering to OECD transfer pricing guidelines. - Maintaining ARIBA as the corporate repository of service level agreements. - Collaborating with stakeholders and external teams to address regulatory requests and ensure global standards compliance. - Producing analytics of Legal Entity and Line Of Business results, validating booking models, and identifying potential inconsistencies in transfer pricing. - Driving process transformation through advanced technology solutions. Required are an MBA (Finance) or relevant professional degree with 4+ years of experience, along with: - Strong MS Excel, MS Access, MS PowerPoint, Alteryx skills. - Analytical mindset, structured approach, and project management skills. - Excellent communication, interpersonal, and presentation skills. - Demonstrable leadership and process orientation. Preferred qualifications include transfer pricing knowledge, Legal Entity Control experience, and familiarity with tools like CDGL, XIB, Paragon, WCP, and Qlik Sense.
- Compensation
- Not specified
- City
- Mumbai
- Country
- India
Currency: Not specified
Full Job Description
Location: Mumbai, Maharashtra, India
You are a strategic thinker passionate about driving financial transparency, controllership rigor, and regulatory compliance. You have found the right team.
As an Income Attribution Associate in the Commercial & Investment Bank (CIB) Controllers organization within Global Finance & Business Management (GF&BM) India, you will spend each day ensuring the accurate allocation of revenues and expenses across legal entities and business lines. You will be responsible for partnering with stakeholders across the CIB Line of Business and Controllers to support sound financial reporting, governance, and control.
Our GF&BM CIB Controllers teams in Mumbai are responsible for a wide range of activities including income attribution and allocation, financial integrity and regulatory compliance support, controllership reporting and analysis, and continuous process improvement across end-to-end finance workflows.
Job Responsibilities
- Perform calculations for revenue & expense allocation at LE level for all the applicable LOBs as per the OECD transfer pricing guidelines.
- Ensure ARIBA is updated and maintained as the corporate repository of service level agreements.
- Escalate reference data or other issues in XIB impacting income attribution as appropriate .
- Collaborate with Tax and location LECs on regulatory requests (e.g. ECB, SEC) or external tax office queries (e.g. IRS, HMRC).
- Ensure adherence to global income and expense attribution standards by evaluating the suitability of Service Level Agreements (SLAs) between Legal Entities.
- Partner closely with Product Control & Tax to evaluate or revalidate transfer pricing for business expansions, changes, new products, etc.
- Produce analytics of Legal Entity and Line Of Business results across all JPM LEs globally for respective LOBs, involving understanding of business booking models, validating revenue and cost booking in LE, and identifying potential inconsistencies in transfer pricing.
- Collaborate with PWC for the annual audit of income attribution processes.
- 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
- MBA (Finance), Chartered Accountant or a relevant professional graduate degree with at least 4+ years of overall experience (post qualification).
- Demonstrated leadership skills with the ability to motivate and guide teams.
- Advanced MS Excel (data manipulation, macros, v-lookups, pivot tables and Advanced Excel applications) / MS Access/ MS PowerPoint / Alteryx skill sets.
- Analytical mindset, structured approach with project management/process orientation.
- 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 transfer pricing concepts and experience with CDGL, XIB, Paragon, WCP, and advanced analytics.
- Experience in Legal Entity Control and Financial Control.
- Knowledge of Alteryx, Qlik Sense, Python.
