Financial Controller- Associate

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Mumbai, Maharashtra
Hybrid
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role

Job Description
You are a strategic thinker passionate about driving solutions in Income Attribution. You have found the right team.
As a Financial Controller Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm.
Job Responsibilities:

  • Oversee the calculation of income attribution for the lines of business at month-end and ensure the integrity of financial statements.
  • Review the alignment of expenses and revenue by legal entity, and collaborate with onshore product control teams to establish new service level agreements as needed.
  • Escalate reference data or other issues in XIB impacting income attribution as appropriate. Ensure ARIBA is updated and maintained as the corporate repository of service level agreements.
  • Produce metrics on income attribution in accordance with the governance framework. Prepare submissions to Tax, such as APA reports, and contribute to ad hoc deliverables from Tax.
  • Participate in technology initiatives to drive process efficiencies across Markets & Non-Markets (Sales & Trading). Partner with onshore Product Control teams regularly, and with Financial Control, Planning and Analysis, and Tax, where necessary. Collaborate with Tax and Location LECs on any regulatory requests (ECB, SEC) or external tax (HMRC) queries.
  • Engage and partner with PWC for the annual audit of the income attribution processes.
  • Produce first-level analytics of LE x LOB results across all JPM LEs globally for respective LOBs, involving understanding of business booking models, month-on-month variance analysis, validating revenue and cost booking in LE, and identifying potential inconsistencies in transfer pricing.
  • Partner with regional controllers to remediate inconsistencies identified in LE x LOB results. Conduct periodic reviews of transfer pricing with corporate tax colleagues to assess changes and implement as required.
  • Support tactical and strategic enhancements, standardization, and automation projects for existing TTP.
  • Ensure compliance with global income and expense attribution standards by reviewing the appropriateness of Service Level Agreements (SLAs) between Legal Entities.
  • Provide timely and accurate responses to audit queries and variance queries from LEC/P&A. Identify and drive continuous improvement initiatives.


Required qualifications, capabilities, and skills :

  • MBA (Finance), Chartered Accountant or equivalent professional degree
  • At least 2+ years of overall experience (post qualification).
  • Analytical mindset, structured approach with project management/process orientation
  • Hands on multi-tasker, self directed, capable of working independently and as part of the team
  • Excellent communication, interpersonal, and influencing skills
  • Advanced MS Excel (data manipulation, macros, v-lookups, pivot tables and Advanced Excel applications) / MS Access/ MS PowerPoint skill sets


Preferred qualifications, capabilities, and skills:

  • Knowledge of Income attribution, SAPCO, Advanced Analytics, Qlikview & Cost based attributions will be an added advantage
  • Experience preferred in Product Control, Legal Entity Control, Financial Control or P&A
  • Knowledge of AI based automation solution is a plus


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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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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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