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JPMorgan Legal Entity Controller - Associate 
India 
382417133

29.08.2024

The current opening is within the UK Legal Entity Control in Mumbai which forms part of the Corporate & Investment Banking LOB within GF&BM India.

Corporate Investment Banking (CIB) Finance & Business Management India is one of the first group to be set up in India in Global Finance and has since grown its presence across Mumbai & Bengaluru into a 800+ people organization. The group is accountable for diverse functional teams and has a significant footprint of the global Finance organization supporting Corporate Investment Banking business and regulators across all regions.

The CIB UK Legal Entity Control team is responsible for accounting, reporting and oversight of J.P. Morgan’s UK legal entities. With ownership of strategically key legal entities, the team’s responsibilities include, but are not limited to preparation of financial statements (both USGAAP and local GAAP, Federal & SEC regulatory filings, monthly close of entity books & records, analytics, currency risk management, entity specific accounting policies, legal entity planning, forecasting, strategy initiatives and overall legal entity maintenance.

Primary Responsibilities:

As a Sr. Associate in the UK Legal Entity Control team, you will be responsible for day-to-day management of financial information, delivery, integrity, and control of the financial statements for UK LE’s.

KEY RESPONSIBILITIES

  • Produce key disclosures contained within the UK statutory financial statements, including audit support and files.
  • Full responsibility for preparing IFRS 9 disclosures and taking the lead as the key point of contact for UK reporting, attending all working group meetings and disseminating information across the wider function (LEC and Regulatory reporting) as required.
  • Support technical UK GAAP/IFRS accounting analyses including accounting memos and templates.
  • Support various projects and initiatives which impact the legal entity including product, Infrastructure, Regulatory, Compliance and other business driven initiatives.
  • Build and manage relationships with key stakeholders including PwC, Product Control, Tax, Regulatory Reporting, Technology and Corporate teams to enable an effective coordination of the process.
  • Identify and drive enhancements to current processes.
  • Work closely with PwC auditors to ensure the issues are resolved and the deadlines are met.
  • Prepare board reports and present to the board of directors the statutory financial statements.
  • Co-ordinate various statutory financial statements production & audit tasks and support the team on various initiatives.

Desired Candidate Profile:

  • Part - Qualified accountant (i.e. CA, ACCA, CPA, CIMA etc.) with at least 3 years Industry Experience.
  • Basic understanding of investment bank financial accounting and products.
  • Ability to work under considerable time pressure, whilst maintaining a high level of accuracy and quality.
  • Excellent communication and organisational skills and an ability to build relationships with key stakeholders.
  • Strong analytical ability, being able to discuss legal entity and business results and issues with senior management and various stakeholders across the Firm.
  • Desire to learn, develop an understanding of challenging accounting concepts and new/complex products.
  • Ability to partner and influence across businesses and other support groups.
  • Control focus mind-set at all times, whilst respectively challenging the status quo.
  • Attention to detail whilst being cognizant of materiality levels.

Shift Timing:

Normal business hours are from 12.30 p.m to 9.30 p.m IST (may vary depending on daylight saving timings)