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JPMorganChase

LEC- Associate

Posted 13 Days Ago
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Hybrid
Bengaluru, Karnataka
Mid level
Hybrid
Bengaluru, Karnataka
Mid level
As a LEC- Associate, manage legal entity accounting, analyze financial statements, ensure compliance, and work on reporting projects with multiple teams.
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Job Description
You are a strategic thinker passionate about driving solutions in financial analysis. You have found the right team.
As a LEC- Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm. You will have an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end. You will liaise with the line of business finance teams, operations, and the Legal Entity Controller community to drive the Legal Entity agenda.
Job Responsibilities:
  • Manage legal entity accounting and control on a monthly basis, including the month-end close process, parent/child accounting, equity pick-up, review of inter-entity breaks, and monitoring of unnatural general ledger balances.
  • Conduct a month-end analytical review of the legal entity to ensure completeness and accuracy of financial statements, and prepare 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.
  • Ensure reporting and compliance with various critical regulators across the Asia Pacific, such as RBI, HKMA, MAS, and APRA.
  • Monitor ratios like Capital Adequacy Ratio, Liquidity ratios, FX ratios, and large exposures on a daily/weekly basis.
  • Prepare monthly Capital Adequacy reporting, P&L, and Balance Sheet reporting.
  • Control intercompany activity, including variance commentary, and monitor 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
  • Minimum 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
  • Strong initiative and work ethic
  • Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
  • Advanced Excel and PowerPoint skills required

Preferred qualifications, capabilities, and skills:
  • CPA a plus, but not required

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

Excel
PowerPoint

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