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JPMorgan Financial Analyst - Global Finance Business Management 
India, Karnataka, Bengaluru 
821195226

17.08.2024

The Firm wide Financial Control (FFC)

The organization closely examines the general ledger, operating systems and infrastructure controls across the entire lifecycle and diverse product scope of the investment bank to ensure the firm’s financial information is accurately depicted for reporting and regulation purposes. This financial information is used by analysts to assess the firm’s financial position; by management to make sound financial decisions; by investors to make informed decisions; and by regulators to supervise and examine the firm appropriately.

The most common functions and activities owned by FFC include but are not limited to the following: financial analysis, consolidation, reporting, balance sheet reconciliation and substantiation, general ledger reconciliation reporting & governance, inter-entity control and governance, manual accounting/bookings to the general ledger and operating systems, and executing the month end close process.

Job Description

  • to ensure understanding of monthly profit and loss
  • Manage the monthly consolidation of JPMorgan Chase income statement and balance sheet
  • Understand the allocations methodologies as well ownership of allocation engine for the firm
  • Develop and maintain financial reports and schedules
  • Run month end controls, prepare manual entries and assist closing and consolidation adjustments
  • Perform various control procedures to ensure the integrity of reported financial results
  • Participate in all aspects of the production of the monthly financial Flash Report
  • Support ad-hoc requests for financial information received from across the firm

Skills

  • Prior work experience of 2-4 years
  • Proficient desktop/spreadsheet/database skills
  • Proficient organizational and problem-solving skills&good verbal and written communication skills
  • Basic understanding of the firm’s products
  • Comfort liaising with business and risk partners while building and maintaining relationships
  • Ability to critically challenge with the goal of identifying control issues
  • Ability to understand business drivers and requirements and influence others to deliver solutions
  • Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related business field
  • Basic knowledge of industry standards and regulations
  • Chartered Accountancy or CPA degree desirable but not must for the role