JPMorganChase's 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 balance sheet reconciliation / certification, balance sheet substantiation and GLRS reporting and governance, inter-entity control & governance, manual accounting / bookings to the GL, and operating systems and the month end close process and coordination.
As a Financial Controller, VP within the Financial Control team, you will own the accuracy and governance of general ledger accounts, balance sheet controls, and financial consolidation processes across the business lifecycle. You will lead month-end and quarter-end reporting activities that directly feed the firm's earnings releases and SEC filings, while serving as a key liaison between data suppliers and data users across lines of business and legal entities. You will also drive continuous improvement of the control environment, simplifying processes and enhancing controls to strengthen the firm's financial reporting infrastructure.
Job Responsibilities
- Ensure the accuracy and validity of line of business general ledger accounts, including adherence to the firmwide General Ledger Reconciliation & Substantiation (GLRS) 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
- Manage the consolidation of the firm's financial data at month-end
- Oversee preparation of the firm's primary financial statements at quarter-end for use in the earnings release and SEC filings
- Manage data requests into and out of the Financial Reporting group, serving as liaison between data suppliers and data users, including line-of-business and legal entity controllers
- Manage intercompany eliminations, a key component of the financial consolidation process
- Enhance the overall control environment around the financial reporting function
- Mobilize change wherever possible in order to simplify processes and enhance controls
Drive aspects of production of the monthly financial Flash Report
Required Qualifications, Capabilities, and Skills
- Minimum of 5 years’ experience in accounting or related industry
- Bachelor’s degree in Accounting, Finance, or Business (or equivalent experience)
- In-depth knowledge of industry standards and regulations, and accounting principles including US GAAP
- Experience with a financial consolidation and reporting system (i.e. SAP interface), knowledge of other financial reporting systems
- Experience managing a staff of skilled professionals
- Experience in managing process and workflow enhancement
- Advanced verbal and written communication skills
- Advanced desktop/spreadsheet/database skills
- Ability to balance multiple priorities and execute in a constantly changing environment
- Ability to partner across all levels of the organization and influence decisions and priorities outside of one’s direct span of control
- Ability to understand business drivers, systems and interdependencies to deliver solutions to business problems
Preferred Qualifications, Capabilities, and Skills
- Hold an active CPA license or equivalent professional certification
- Knowledge of other financial reporting systems
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Skills Required
- Minimum of 5 years of experience in accounting or a related industry
- Bachelor's degree in Accounting, Finance, Business, or equivalent experience
- In-depth knowledge of industry standards, regulations, accounting principles, and US GAAP
- Experience with a financial consolidation and reporting system, such as SAP
- Experience managing a staff of skilled professionals
- Experience managing process and workflow enhancements
- Advanced verbal and written communication skills
- Advanced desktop, spreadsheet, and database skills
- Ability to balance multiple priorities and execute in a constantly changing environment
- Ability to partner across organizational levels and influence decisions outside one's direct span of control
- Ability to understand business drivers, systems, and interdependencies to deliver business solutions
- Active CPA license or equivalent professional certification
- Knowledge of other financial reporting systems
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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