Payments Controller - Associate

Posted 4 Hours Ago
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Mumbai, Maharashtra
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Payments Controller Associate, you will perform monthly reconciliations of client profitability results, support financial reporting, and collaborate with product and business managers to improve client reporting. You will also drive changes in month-end processes and manage various projects related to client profitability.
Summary Generated by Built In

Job Description
You are a strategic thinker passionate about driving solutions in Payments Controller. You have found the right team.
As a Payments Controller Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm. The Payments Controller team is seeking highly motivated candidates to join their team based in Mumbai. You will be working closely with regional product controllers to carry out control functions and support product and business managers with client profitability analysis. Roles includes below functions:
Job Responsibilities:

  • Perform monthly reconciliation of client profitability results with reported financials, including variance analysis, review of financial data, fluctuation analysis, preparation of financial reporting deliverables, and understanding of accruals processes, general ledger, and revenue substantiation.
  • Drive change in the month-end process to improve transparency and efficiency in month-end results.
  • Ensure financial information is accurately transitioned into client allocations via defined rules and allocation processes, document approval of allocation methodologies, and log exceptions where appropriate.
  • Act as a resource for project management and the businesses for various projects and business initiatives related to client profitability.
  • Identify and drive targeted reviews for specific products or processes based on both quantitative and qualitative factors.
  • Communicate effectively with Business Managers, Product Managers, and Financial Controllers to deliver changes in the client reporting model.
  • Understand and contribute to the end-to-end control framework of the business and the function.


Required qualifications, capabilities, and skills:

  • Excellent communication skills and executive presence including the ability to present complex and sensitive matters to Senior management, Product Managers & Business Managers across levels.
  • Strong analytical, problem-solving skills, attention to detail and control focus
  • Enthusiastic, highly motivated and effective under tight timeframes and pressure
  • Strong interpersonal, communication and team-building skills
  • Ability to work in a matrix organization with limited local oversight ensuring timely escalation & resolution of issues.
  • Proven skills in identifying and resolving control issues that may impact financial results.
  • Good knowledge of Treasury Services products and processes, including blockchain, cash management, payment clearing processing and liquidity management
  • Excellent Microsoft Excel skills (including but not limited to VBA\\SQL\\Python) and good knowledge of SAP system.


Preferred qualifications, capabilities, and skills

  • Proficiency in digital solutions, particularly Alteryx and Tableau, is preferred.
  • Qualified accountant preferably with 4-6 years & above experience within the Financial Services industry or Product Controller experience an advantage.


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.

Top Skills

Python
SQL
VBA

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
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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