Associate - Entity Controller

Role overview

Associate - Entity Controller at JP Morgan

Employment details

• 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.
• As a Legal Entity Controller (LEC) within CIB, you are responsible for overseeing activities in legal entities, ensuring the integrity and accuracy of financial results and statements.
• Location: Bengaluru [Karnataka] [India]

Additional role details

• Job Title: Associate - Entity Controller