Financial Controller - Analyst

Posted 3 Days Ago
Be an Early Applicant
Mumbai, Maharashtra, IND
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Provide controllership support for technology spend: determine expense vs. capitalization, manage WIP and fixed-asset entries, reconcile to project and procurement systems, maintain SOX-compliant controls and audit-ready documentation, analyze and resolve GL variances, and partner with Technology, P&A, Business Management, and Procurement to ensure accurate month-end reporting and a supported balance sheet.
Summary Generated by Built In

As an Analyst within the Global Technology Controllers in Corporate Sector Controllers, you will be responsible for providing controllership support to the technology function, including accounting for technology in accordance with US GAAP and JPMC standards.

Global Technology Controller provide controllership support to technology function in to Hardware, Software, Professional services and other direct expense lines. Team is also responsible for capitalization of tangible or intangible assets.


Job Responsibilities: 

  • Determine expense versus capitalization treatment, ensure timely disposal recognition, and post close entries with appropriate support and approvals.
  • Partner with Technology, P&A, Business Management, and Procurement to align on project scope, in-service dates, and cutover timing, and maintain SOX-compliant controls and audit-ready evidence.
  • Perform ongoing review of work-in-process ledger balances, including aging analysis, root-cause identification, and timely clearing to fixed assets or expense when criteria are met.
  • Reconcile WIP balances to upstream project and procurement systems and validate against purchase orders, capitalization requests, and approvals.
  • Capitalize qualifying assets by evaluating projects against thresholds and criteria and determining start/stop capitalization dates, place-in-service dates, useful lives, and residual values.
  • Validate operational impacts and future benefit assumptions with Technology and business stakeholders and record entries accurately and timely in the general ledger.
  • Ensure balance sheet positions are appropriately supported to maintain a strong fortress balance sheet.
  • Document analytics through estimates, walk-forwards, controller financial reviews, and flash reports.
  • Analyze, communicate, and resolve material variances between the general ledger and upstream systems, as defined by the line of business.
 

Required qualifications, skills, and capabilities

  • 3 years of related experience
  • General Ledger experience
  • Experience with financial reporting and month end close responsibilities
  • 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
  • Excellent verbal and written communication skills
  • Able to multi-task in a constantly changing environment
  • Able to critically challenge with the goal of identifying control issues
     

Preferred qualifications, skills, and capabilities

  • Existing relationships and networks within the firm's IB community an advantage
  • Shift Timing: Mid-day shift 1pm to 10pm
About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.

About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

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.

Skills Required

  • 3 years of related experience
  • General Ledger experience
  • Experience with financial reporting and month end close responsibilities
  • Comfortable liaising with business and risk managers
  • Ability to build and maintain partnerships across product-aligned businesses and corporate financial, treasury, and accounting groups
  • Ability to understand business drivers and influence middle and front office partners to deliver solutions
  • Strong analytical skills and ability to understand complex processing and general ledger systems
  • Excellent desktop, spreadsheet, and database skills
  • Excellent organizational and problem-solving skills
  • Excellent verbal and written communication skills
  • Ability to multi-task in a constantly changing environment
  • Ability to critically challenge to identify control issues
  • Existing relationships and networks within the firm's IB community
  • Shift Timing: Mid-day shift 1pm to 10pm

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

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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