JP Morgan Chase – Analyst – Financial Controller J.P. Morgan

The Corporate Institute; Mumbai; On-site; INR 2,000,000 - 2,800,000; Full time

Job summary

The Corporate Institute is recruiting for an Analyst in the Global Technology Controllers within the Corporate Sector Controllers. You will provide controllership support for the technology function, including US GAAP accounting and JPMorganChase standards.

The role covers capitalization of tangible and intangible assets, with responsibilities spanning WIP reviews, project alignment with business partners, and ensuring audit-ready evidence.

Qualifications

• 3 years of related experience.
• General Ledger experience.
• Experience with financial reporting and month end close responsibilities.
• Comfortable liaising with business and risk managers.
• Able to build and maintain partnerships across product aligned businesses and corporate groups.
• Strong analytical skills and understanding of GL systems.

Responsibilities

• Determine expense versus capitalization treatment and post close entries with approvals.
• Partner with Technology, P&A, Business Management and Procurement to align on project scope and cutover timing; maintain SOX controls.
• Review WIP balances, aging analysis, and clear to fixed assets or expense when criteria met.
• Reconcile WIP balances to upstream systems and validate against PO, capitalization requests, and approvals.
• Capitalize qualifying assets by evaluating projects against thresholds and dating capitalization events.
• Validate operational impacts with stakeholders and record entries in the general ledger.
• Ensure balance sheet positions are well supported.
• Document analytics through estimates, walkthroughs and flash reports.
• Analyze and resolve material variances between general ledger and upstream systems.

Skills

General Ledger

Financial reporting

Month end close

Risk management liaison

Analytical skills

Communication skills

Excel

Databases

Tools

Excel

Databases

Job description

Description

As an Analyst within the Global Technology Controllers in Corporate Sector Controllers, you will be responsible for providing controllership support to the technology function, including accounting for technology in accordance with US GAAP and JPMC standards.

Global Technology Controller provide controllership support to technology function in to Hardware, Software, Professional services and other direct expense lines. Team is also responsible for capitalization of tangible or intangible assets.

Job Responsibilities

• Determine expense versus capitalization treatment, ensure timely disposal recognition, and post close entries with appropriate support and approvals.
• Partner with Technology, P&A, Business Management, and Procurement to align on project scope, in-service dates, and cutover timing, and maintain SOX-compliant controls and audit-ready evidence.
• Perform ongoing review of work-in-process ledger balances, including aging analysis, root-cause identification, and timely clearing to fixed assets or expense when criteria are met.
• Reconcile WIP balances to upstream project and procurement systems and validate against purchase orders, capitalization requests, and approvals.
• Capitalize qualifying assets by evaluating projects against thresholds and criteria and determining start/stop capitalization dates, place-in-service dates, useful lives, and residual values.
• Validate operational impacts and future benefit assumptions with Technology and business stakeholders and record entries accurately and timely in the general ledger.
• Ensure balance sheet positions are appropriately supported to maintain a strong fortress balance sheet.
• Document analytics through estimates, walk-forward, controller financial reviews, and flash reports.
• Analyze, communicate, and resolve material variances between the general ledger and upstream systems, as defined by the line of business.

Required qualifications, skills, and capabilities

• 3 years of related experience
• General Ledger experience
• Experience with financial reporting and month end close responsibilities
• Comfortable liaising with business and risk managers
• Able to build and maintain partnerships within the various product aligned businesses and across other corporate financial, treasury, and accounting groups
• Able to understand business drivers and requirements and influence middle and front office partners to deliver solutions to business issues and problems
• Strong analytical skills: Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies
• Excellent desktop/spreadsheet/database skills
• Excellent organizational and problem-solving skills
• Excellent verbal and written communication skills
• Able to multi-task in a constantly changing environment
• Able to critically challenge with the goal of identifying control issues

Preferred qualifications, skills, and capabilities

• Existing relationships and networks within the firm’s IB community an advantage
• Shift Timing: Mid-day shift 1pm to 10pm

About Company

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.

Location

Mumbai

Job Type

PERMANENT, FULLTIME