Legal entity Control - Associate

J.P. Morgan; Bengaluru; On-site; INR 12,00,000 - 18,00,000; Full time

Job summary

A leading financial institution is seeking an experienced LEC Associate to oversee legal entity accounting, control activities, and month-end processes. The ideal candidate will have over 7 years of experience in financial management, excellent communication abilities, and the capacity to work independently and in teams. A bachelor's degree is required, and knowledge of Tableau and Alteryx is advantageous. This position is based in Bengaluru, Karnataka.

Qualifications

• Minimum 7 years of business and financial management experience.
• Strong initiative and attention to detail.
• Excellent oral and written communication skills.

Responsibilities

• Oversee legal entity accounting and control.
• Perform month-end analytical reviews of financial statements.
• Investigate, analyze, and resolve issues.

Skills

Business and financial management

Communication skills

Organizational skills

Detail-oriented

Flexibility

Team collaboration

Education

Bachelor’s degree

CA/MBA (Finance)

Tools

Tableau

Alteryx

Job description

You are a strategic thinker passionate about driving solutions in Legal Entity Control.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 be accountable for oversight of control issue identification, escalation, evaluation and remediation, and play an instrumental role in promoting consistency of approach across both Corporate and Line of Business Finance teams.

Job Responsibilities:

• Oversee 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.

• Perform month-end analytical reviews 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.

• Investigate, analyze, and resolve issues, and respond to ad-hoc queries.

• Assist in the Booking Model review and ongoing Legal Entity Control Standard compliance monitoring.

• Control intercompany activity, including variance commentary.

• Monitor the general ledger, 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:

• Minimum 7 years of business and financial management experience

• Execution focused self-starter with strong initiative and eye for detail; able to take ownership and work independently, as well as on a team

• Excellent oral and written communication skills

• Solid organizational skills and ability to prioritize

• Comfortable operating in a demanding and fast-paced environment

• Responds with flexibility in dynamic environment and comfortable with addressing ambiguity

• Demonstrated ability to partner well and influence others

Preferred qualifications, capabilities, and skills:

• Bachelor’s degree required, CA/MBA (Finance) an advantage

• Knowledge of Tableau and Alteryx will be an added advantage

• Should be flexible to work in EMEA shifts