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Global Private Bank Legal Entity Controller Associate

JPMorgan Chase & Co.

JPMorgan Chase & Co.

Accounting & Finance, Legal
Newark, DE, USA
Posted on Wednesday, June 5, 2024

Job Description

As a Controller, you will maintain strong discipline and ensure financial statements are complete, accurate and done timely

Are you someone who has an interest in accounting and is looking to grow your career working in a globally diverse organization?

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.

As a Controller, you will maintain strong discipline and ensure financial statements are complete, accurate and done timely. You will ensure regulatory requirements are met, and adequate control environment is in place, and our entities stay well capitalized.

This role provides an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end.

Job responsibilities:

  • Legal Entity accounting & control on a monthly basis that includes 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 respond 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

Required qualifications, capabilities, and skills:

  • Bachelor’s degree in Accounting, Finance or related business field
  • 3+ years finance/accounting – related experience
  • 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
  • Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment

Preferred qualifications, capabilities, and skills:

  • CPA a plus but not required
  • Advanced Excel and PowerPoint skills required
  • Knowledge of the Credit products/business
  • Ideally knowledge of the FRC credit book / experience with JPMC internal reporting systems (SAP/FRW)