The Legal Entity Control team is responsible for 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.
This role provides an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end. The Associate will liaise with the line of business finance teams, operations and the Legal Entity Controller community to drive the Legal Entity agenda. Specific responsibilities will include:
- Legal Entity accounting and control on a monthly basis, including month-end close process, parent/child accounting, equity pick up, review of inter-entity breaks and unnatural general ledger balance monitoring
- Month-End analytical review of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, including contributions to the Monthly Controller’s Book, as well as Legal Entity and line of business financial commentary and regulatory reporting requirements
- Investigation, analysis and resolution of issues and response to ad-hoc queries
- Assist in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring
- Intercompany Activity Control including variance commentary
- Monitoring of the G/L including consolidation and netting
- Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed
Qualifications:
- Bachelor’s degree in Accounting, Finance or related business field
- 4+ years finance/accounting – related experience
- CPA a plus but not required
- Strong accounting and analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variances
- Superior 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
- Strong initiative and work ethic
- Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
- Advanced Excel and PowerPoint skills required
Skills Required
- Bachelor's degree in Accounting, Finance or related business field
- 4+ years finance/accounting-related experience
- CPA
- Strong accounting and analytical acumen with ability to explain income statement and balance sheet variances
- Superior attention to detail
- Outstanding written and verbal communication skills, ability to prepare executive-level presentations
- Ability to work effectively with business partners and act as liaison
- Strong initiative and work ethic
- Ability to multi-task and work well under pressure in a dynamic environment
- Advanced Excel skills
- Advanced PowerPoint skills
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 comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
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Retirement Support — A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
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Leave & Time Off Breadth — Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.
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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