What are the responsibilities and job description for the Financial Controller, Senior Associate position at JPMorgan Chase?
Step into a dynamic role here at JPMorgan Chase and be a part of the Firmwide Financial Controllers group, a global organization accountable for the integrity of the books and records of the Firm and accounting standard and business process change management events. The organization closely examines the general ledger, operating systems and controls across all businesses to ensure the firm’s financial information is accurately depicted for reporting and regulation purposes.
As a Financial Reporting Asset Class Controller, Associate, within the Firmwide Financial Controller team, you are responsible for the oversight of the financial statements and management reporting, ensuring a sound control environment. To be successful in this role, you will need to understand and apply the accounting treatments and ensure compliance with appropriate corporate and regulatory requirements. You will also coordinate the preparation of quarterly regulatory requirements and validate financial statement items and understand their usage.
The most common functions and activities owned by Firmwide Financial Controllers (FFC) include but are not limited to the following: financial analysis, consolidation, reporting, balance sheet reconciliation/certification/substantiation, general ledger reconciliation reporting & governance, inter-entity control and governance, manual accounting/bookings to the general ledger and operating systems, and executing the month end close process.
Job Responsibilities:
- Work closely with line of business controllers, financial control, product controllers, technology, operations and legal entity controllers
- Partner with FFC teams globally
- Assist in the thorough assessment of the issues and outcomes & clearly communicate financial information to the lines of businesses and able to flag potential issues
- Take part in hands-on engagement in special projects
- Ensure the accuracy and validity of line of business general ledger balance sheet accounts, including adherence to the firmwide General Ledger Attestation (GLA) standards
- Oversee preparation of the firm's primary financial statements at quarter-end for use in the earnings release and Securities Exchange Commission filings
- Understand end-to-end flow of trading activities, booking models, product configurations, and trade economics to apply relative accounting policies and enhance control framework
- Identify process and/or infrastructure enhancements and work with stakeholders enact change
- Perform various control procedures to ensure the integrity of reported financial results
- Participate in continuous improvement efforts around data quality review and external reporting improvement projects
- Mobilize change wherever possible in order to simplify processes and enhance controls
Required Qualifications, Skills, and Capabilities:
- Experience in Product Control, Financial Control or knowledge of SEC reporting/Reg Reporting
- In-depth knowledge of industry standards and regulations
- A minimum of 2 years accounting or industry experience
- Bachelor’s degree in Accounting, Finance, or Business
- Proficient Excel
- Strong skills in time management, problem solving, written and oral communication
- Team player with ability to work effectively across diverse functions, locations and businesses
Preferred Qualifications, Skills, and Capabilities:
- Computer skills/knowledge in Alteryx, tableau and SQL a plus
