JP Morgan Chase & Co.

Asset Management - JP Morgan Natural Capital - Accounts Payable Manager

JP Morgan Chase & Co. • $80K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Strong focus on internal controls
  • Effective problem solving and critical thinking skills
  • Proven interpersonal and teamwork abilities
  • Excellent oral and written communication skills
  • Strong time management aptitude
  • Detail-oriented with a commitment to accuracy
  • Experience with Oracle ERP or similar systems preferrable
  • Proficient in Microsoft applications, especially Excel

Responsibilities

  • Manage and supervise the Accounts Payable team through training and mentorship
  • Conduct full cycle Accounts Payable processes including matching and GL coding
  • Collaborate with operational teams to resolve payment and vendor inquiries
  • Ensure vendor maintenance processes are adhered to and conduct legitimacy checks
  • Review invoices for compliance with procedures and documentation standards
  • Aid in facilitating annual audit requests from external parties
  • Oversee 1099 reporting and compliance obligations concerning Accounts Payable
  • Maintain daily cash positions for client bank accounts
  • Process client deposit checks and initiate wires with appropriate documentation
  • Support ad-hoc requests from management and other departments

Benefits

  • Opportunity for professional growth as a leading supervisor
  • Chance to engage directly with varying operational teams
  • Work within a globally recognized financial institution
  • Gain experience in high-level compliance and audit processes
  • Contribute to a significant role within the capital and risk management strategy of the organization
Full Job Description
Job Description

Job Summary

The Accounts Payable Manager is a key member of the Accounting department who will lead the Accounts Payable team which is comprised of multiple Accounts Payable Specialists. This is an exciting opportunity for an experienced supervisor with a background in process management and strong internal controls. An ideal candidate should be detail oriented, display excellent interpersonal communication skills, and results driven.

Job Responsibilities
  • Responsible for managing and supervising Accounts Payable specialist by training, mentoring, and setting expectations.
  • Full cycle A/P, matching, vouching and GL coding.
  • Work with the operational teams across the United States to answer questions about payments received, coding questions, and new vendor request information.
  • Maintain vendor maintenance process by reviewing all new vendors have proper supporting documentation as well as performing callbacks to ensure legitimacy.
  • Review invoices submitted by Accounts Payable Specialists to ensure proper processes are followed, documentation is appropriate, and approval has been made.
  • Support annual audit requests from external auditors.
  • Oversee 1099 reporting and other Accounts Payable related compliance reporting requirements.
  • Maintain allocation templates to ensure expenses are split to the correct company for the right amount.
  • Work with other accounting teams within the organization to make sure that that all fees and intercompany payments are received timely.
  • Maintain cash positions daily for all client bank accounts.
  • Deposit all client related checks received at this office.
  • Initiate wires/ACHs with supporting documentation as required.
  • Assist in ad-hoc requests from management or other departments.


Required qualifications, capabilities and skills
  • Internal controls focused.
  • Problem solving and critical thinking skills.
  • Must have demonstrated interpersonal and teamwork skills and be adaptable.
  • Good communication skills, both oral and written, are essential.
  • Good time management skills.
  • Attention to detail and accuracy.
  • Experience with Oracle or equivalent sized ERP system preferred.
  • Position requires solid and effective skills in Microsoft applications with strong emphasis on Excel.


Preferred qualifications, capabilities and skills
  • 5 years of relevant work experience in Accounting.
  • General ledger experience with an understanding of debits and credits preferred.


About the Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

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For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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