JP Morgan Chase & Co.

Corporate Controllers - Finance Control - Associate

JP Morgan Chase & Co.$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree required
  • 3+ years of related experience
  • General Ledger accounting experience
  • Financial reporting and month-end close experience
  • Ability to liaise with business and risk managers
  • Strong analytical skills in complex processing systems
  • Excellent organizational and problem-solving skills

Responsibilities

  • Ensure accuracy of line of business general ledger accounts
  • Identify and implement efficiency opportunities in P&L and Balance Sheet controls
  • Analyze and resolve variances between ledger and upstream systems
  • Collaborate with line of business controllers and business managers
  • Understand trading activities and apply accounting policies accordingly
  • Ensure integrity of income statement and balance sheet at month-end
  • Engage in business initiatives and identify process enhancements

Benefits

  • Opportunities for professional development and growth
  • Dynamic corporate culture with emphasis on teamwork
  • Exposure to various financial products and operations
  • Access to a robust support network within the organization
  • Participation in line of business initiatives and cross-functional projects
Full Job Description
JOB DESCRIPTION

Step into a dynamic role at JPMorgan Chase as an Financial Controller. The Financial Control function is primarily focused on ensuring the accuracy, integrity and timeliness of the firm’s books and records with an emphasis on general ledger, operating systems and infrastructure controls across the entire lifecycle of the business. 

Some of the most common functions and activities that are owned by Financial Controllers are MTD PL reconciliations, balance sheet reconciliation, balance sheet substantiation and GLRS reporting & governance, inter-entity control and governance, manual accounting / bookings to the GL, and operating systems and the month end close process & coordination.
 

As a Financial Control Associate, on the corporate controllers team,  you will be responsible for weekly and month end close PL reconciliation and balance sheet substantiation, as well as reporting controls, and the month end close process and coordination.
 

Job Responsibilities:

  • Ensure the accuracy and validity of line of business general ledger balance sheet accounts, including adherence to the firmwide General Ledger Attestation (GLA) standards
  • Ensure adherence to P&L and Balance Sheet controls owned by Financial Control, including identifying and implementing opportunities for efficiency
  • Analyze, communicate, and resolve material variances between the general ledger and upstream systems, as defined by line of business
  • Work  closely with various line of business controllers, middle office, business managers, technology and operations
  • Understand end-to-end flow of trading activities, booking models, product configurations, and trade economics to apply relative accounting policies and enhance control framework
  • Ensure the integrity and accuracy of line of business income statement and balance sheet at month, quarter, and year-ends
  • Engage in line of business initiatives and projects, be the financial control subject matter expert and have the ability to proactively identify process and/or infrastructure enhancements and work with stakeholders to enact change
  • Oversee preparation of the firm's primary financial statements at quarter-end for use in the earnings release and Securities Exchange Commission filings
  • Control post-closing entries and consolidation adjustments and Perform various control procedures to ensure the integrity of reported financial results
  • Manage intercompany eliminations, a key component of the financial consolidation process
  • Enhance the overall control environment around the financial reporting function and Mobilize change wherever possible in order to simplify processes, enhance controls and create efficiencies 

 

Required Qualifications, Skills, and Capabilities:

  • Bachelor’s degree required
  • Minimum 3+ years of related experience
  • General Ledger accounting experience
  • Experience with financial reporting and month end close responsibilities & Understanding of Financial Products
  • Comfortable liaising with business and risk managers
  • Able to build and maintain partnerships within the various product aligned businesses and across other corporate financial, treasury, and accounting groups
  • Able to understand business drivers and requirements and influence middle and front office partners to deliver solutions to business issues and problems
  • Strong analytical skills: Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies
  • Excellent desktop/spreadsheet/database skills
  • Excellent organizational and problem-solving skills, verbal and written communication skills
  • Able to multi-task in a constantly changing environment and the Ability to critically challenge with the goal of identifying control issues

 

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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Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

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Leveraging Job Portals and Job Alerts

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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