Job Description
Join JPMorgan as a Financial Controller and be a part of a dynamic team that provides accuracy and excellence in the firm's financial record-keeping. With a focus on balance sheet reconciliation, general ledger reporting, and financial data consolidation, you will have the opportunity to bring your analytical skills and attention to detail to the forefront while making a real impact on the success of the business.
As a Financial Controller within the Corporate & Investment Bank at JPMorgan, you will primarily focus 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 you will own are balance sheet reconciliation / certification, balance sheet substantiation and General Ledger Reconciliation and Substantiation (GLRS) reporting and governance, inter-entity control & governance, manual accounting / bookings to the General Ledger, and operating systems and the month end close process and coordination. Primary Responsibilities Ensure the accuracy and validity of line of business general ledger accounts, including adherence to the firm-wide General Ledger Reconciliation & Substantiation (GLRS) standards Ensure adherence to Profit & Loss 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 Securities Exchange Commission 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.
Job Responsibilities:
- Support a specific line of business within the Corporate & Investment Bank such as Currencies & Emerging Markets, Rates, Credit Trading, Securitized Products Group, Equities, and Risk
- 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
- 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 and Control post-closing entries and consolidation adjustments
- 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
- Mobilize change wherever possible in order to simplify processes and enhance controls
Required Qualifications, Skills, and Capabilities:
- 1+ years accounting, finance or industry experience
- Bachelor's degree
- Basic understanding of financial instruments and accounting concepts
- Basic understanding of industry standards and regulations
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 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
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.
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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