Corporate Accounting Policy – Policy Consultant – Vice President

J.P. Morgan; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking a Policy Consultant Vice President for the Corporate Accounting Policy team in London. This role involves providing technical accounting support, monitoring accounting standards, and developing policies. The ideal candidate will have an accounting qualification and experience in a technical accounting department, particularly with US GAAP and IFRS. Strong analytical and communication skills are essential for success in this collaborative environment.

Qualifications

• Experience in a technical accounting department at a financial institution.
• Detailed knowledge of financial instruments and consolidation.
• Ability to analyze complex transactions.

Responsibilities

• Provide technical accounting support for business activities and large transactions.
• Monitor developments in accounting standards and represent the Firm at industry forums.
• Assist in implementing new accounting standards.

Skills

Technical accounting support

Knowledge of US GAAP

Knowledge of IFRS

Analytical skills

Communication skills

Education

Accounting qualification

Job description

The Corporate Accounting Policy team (CAP) is an independent accounting advisory function within Corporate Finance – Corporate Controllers, under the Bank Controller, Accounting Policy and Reporting (BCAPR) organization that consists of the Bank Controller, Corporate Accounting Policy, Regulatory Reporting Policy, Inter-entity Analysis, Quality Review & Control, and SEC Reporting teams. Corporate Accounting Policy (CAP) is an independent function within Corporate Controllers. The remit of CAP is to partner with the Lines of Business and Corporate Functions by providing accounting expertise (US GAAP and IFRS) in structuring transactions and new products and in addressing issues arising from the implementation of new accounting standards and policies.

As a Policy Consultant Vice President on the Corporate Accounting Policy team, you will help support the Markets Businesses, in particular the Equities Business (i.e., Cash, Equity Derivatives Group, Prime and Clearing) as well as supporting the UK Legal Entity Controllers. If you are analytical and interested in being part of a collaborative team, you found the right place. This dynamic team partners and engages with Firmwide stakeholders, and provides opportunities to build and maintain strong relationships.

Job responsibilities:

• Provide technical accounting support for business, or corporate aligned activities as well as large or unusual transactions, partnering with internal business and finance teams
• Monitor developments in accounting standards and represent the Firm at relevant industry forums
• Assist in the implementation of new accounting standards
• Review relevant sections of SEC filings and selected IFRS financial statements, including MD&A and footnotes
• Prepare and conduct internal education sessions
• Provide technical support to senior management and businesses on accounting and control related matters
• Develop and implement accounting policies, and accounting standards, and monitor policy exceptions
• Represent the Firm in external forums, including meetings with standard-setters, regulators, external auditors and industry groups

Required qualifications, capabilities, and skills:

• Accounting qualification, and previous experience in a technical accounting department at a financial institution
• Detailed working knowledge of US GAAP or IFRS, particularly in relation to financial instruments, consolidation and transfers of financial assets
• Results oriented and takes ownership for the quality, timeliness, and success of the work product
• Delivers timely and high quality work consistently over time
• Team player consistently present and available for clients and team members
• Ability to understand and analyze complex transactions
• Excellent written and oral communication skills, and the ability to clearly and concisely articulate technical accounting issues and conclusions to a range of stakeholders

Preferred qualifications, capabilities, and skills:

• Big Four experience