Associate - Legal Entity Controller, Mumbai

4 weeks ago

Goregaon East Mumbai Maharashtra, India JPMorganChase Full time

**JOB DESCRIPTION**
Join the leading global financial services firm, JPMorgan Chase & Co., with operations worldwide and assets of $3.4 trillion. We're seeking professionals for our Global Finance & Business Management team in India, part of our global capability center. This role offers the opportunity to lead and coordinate budgeting and forecasting processes, preparing management reports and presentations for the Operating Committee and the Board of Directors.

The Legal Entity Control Professional manages financial oversight of their legal entity and is tasked with ensuring that a strong control environment exists as it relates to all businesses, products and operational areas that impact the Legal Entity financials and regulatory reporting of the firm.

As an Associate - Legal Entity Controller within the Legal Entity Control team, you will be responsible for the financial oversight of the legal entity. You will ensure a strong control environment exists in relation to all businesses, products, and operational areas that impact the Legal Entity financials and regulatory reporting of the firm. This role provides an opportunity to interact with multiple lines of business and internal stakeholders, offering a comprehensive understanding of legal entity controllership end-to-end.

**Responsibilities**:

- Reviewing of inter-entity breaks of the Legal Entity accounting and control on a monthly basis, including month-end close process, FX Trade Out, parent/child accounting, equity pick up, cash breaks and unnatural general ledger balance monitoring.
- Analyzing of the month-End analytics of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, including Legal Entity and line of business financial commentary, Indirect Expenses budget and regulatory reporting requirements.
- Respond to Investigation, analysis and resolution of issues and ad-hoc queries.
- Assisting in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring.
- Overseeing Recovery & Resolution Reporting, Reconciliation and Substantiation of GL Accounts and LEC Issue Metrics Reporting.
- Liaising with various stakeholders, Internal QA Review and Auditors for Statutory Audit, Internal Audit.

**Required qualifications, capabilities and skills**
- Chartered Accountant/MBA Finance with minimum 2 years of experience with financial services industry and experience of IFRS/US GAAP
- Strong accounting and analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variances and attention to detail
- Outstanding written and verbal communication skills, including an ability to prepare executive level presentations
- Ability to work effectively with others, as well as act as an effective liaison with all business partners within the lines of business or legal entity chains
- Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
- Efficient Excel and PowerPoint skills required

**Preferred qualifications, capabilities and skills**
- Knowledge of general ledger platforms used in J.P. Morgan Chase would be an advantage.

**ABOUT US**

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

**ABOUT THE TEAM**

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financi

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