Legal Entity Controller- Associate

JPMorganChase; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

JPMorganChase is seeking an Entity Controller within CIB at its GF&BM India center in Bengaluru to oversee financial reporting and integrity for legal entities across the EMEA region.

The role covers month-end close, regulatory reporting, inter-entity reconciliation, and collaboration with auditors, tax, and regional controllers to drive accuracy and process improvements using advanced technology.

Qualifications

• CA, MBA, CFA, or CMA with a minimum of 1+ years of relevant experience.
• Demonstrated leadership skills with the ability to motivate and guide teams.
• Solid understanding of industry practices and accounting principles.
• Strong analytical abilities and interpersonal skills.
• Effective written and verbal communication and presentation skills.
• Familiarity with process transformation methodologies or automation solutions.
• Proactive, detail-oriented, and collaborative approach.

Responsibilities

• Accounting & reporting for Legal entities in EMEA region (excl. UK) on monthly basis as per US GAAP including month-end close process, parent/child accounting, equity pick up, Capital Hedge, review of inter-entity breaks, and unnatural general ledger balance monitoring
• End to end ownership for month end close activities like Fx Trade out, Capital Hedge, EPU, etc.
• Quarterly regulatory reporting as per local GAAP for EMEA entities like Liquidity reporting, VAT return etc.
• Liasing with auditors and support Legal Entity Controllers for audit and related documentation.
• Supervise FR/FFIEC reporting, expense and revenue allocations, local regulatory submissions, and FX hedging.
• Daily monitoring and control of activities involving reconciliations.
• Prepare and submit weekly financial statements and liquidity reports for selected balance sheet items.
• Conduct quarterly P&L and balance sheet reporting, including onshore/offshore ratio-based analysis
• Analyze legal entity and line of business results, including variance analysis, booking validation, and transfer pricing compliance
• Partner with Financial Control, Tax, and other stakeholders on revenue allocation and transfer pricing updates, and work alongside regional controllers to resolve legal entity and line of business inconsistencies
• Drive process transformation by leveraging advanced technology solutions and partnering with strategic technology development teams to achieve sustainable process improvements

Skills

Leadership

Analytical abilities

Communication skills

Problem solving

Interpersonal skills

Education

CA

MBA

CFA

CMA

Tools

SAP

Axiom

WDesk

Job description

Job Description

About JPMorganChase & Co.

JPMorganChase & Co. is a leading U.S.-based financial services firm with a global presence, serving millions of customers through its J.P. Morgan and Chase brands. Its Global Finance & Business Management (GF&BM) India center supports the Office of the CFO from Mumbai, Bengaluru, and Hyderabad, providing Controllers, Planning & Analysis, Finance Operations, and Business Client & Products services. Teams are aligned with major business lines, offering diverse career growth in an inclusive culture rooted in Service, Heart, Curiosity, Courage, and Excellence.

The Commercial & Investment Banking (CIB) Controllers organization ensures financial integrity, regulatory compliance, and continuous process improvement.

As an Entity Controller (LEC) within CIB, you are responsible for overseeing activities in legal entities, ensuring the integrity and accuracy of financial results and statements. The current opening is within GF&BM CIB Controllers in Bengaluru, which is part of the CIB Line of Business (LOB) within GF&BM India.

Job Responsibilities

• Accounting & reporting for Legal entities in EMEA region (excl. UK) on monthly basis as per US GAAP including month-end close process, parent/child accounting, equity pick up, Capital Hedge, review of inter-entity breaks, and unnatural general ledger balance monitoring
• End to end ownership for month end close activities like Fx Trade out, Capital Hedge, EPU, etc.
• Quarterly regulatory reporting as per local GAAP for EMEA entities like Liquidity reporting, VAT return etc.
• Liasing with auditors and support Legal Entity Controllers for audit and related documentation.
• Supervise FR/FFIEC reporting, expense and revenue allocations, local regulatory submissions, and FX hedging.
• Daily monitoring and control of activities involving reconciliations.
• Prepare and submit weekly financial statements and liquidity reports for selected balance sheet items.
• Conduct quarterly P&L and balance sheet reporting, including onshore/offshore ratio-based analysis
• Analyze legal entity and line of business results, including variance analysis, booking validation, and transfer pricing compliance
• Partner with Financial Control, Tax, and other stakeholders on revenue allocation and transfer pricing updates, and work alongside regional controllers to resolve legal entity and line of business inconsistencies
• Drive process transformation by leveraging advanced technology solutions and partnering with strategic technology development teams to achieve sustainable process improvements

Required Qualifications, Skills And Capabilities

• CA, MBA, CFA, or CMA with a minimum of 1+ years of relevant experience.
• Demonstrated leadership skills with the ability to motivate and guide teams.
• Solid understanding of industry practices and accounting principles.
• Strong analytical abilities and interpersonal skills.
• Effective written and verbal communication and presentation skills.
• Familiarity with process transformation methodologies or automation solutions.
• Proactive, detail-oriented, and collaborative approach.

Preferred Qualifications, Skills And Capabilities

• Knowledge of IFRS, US GAAP, and financial products.
• Knowledge of SAP, Axiom, WDesk.
• Knowledge of Alteryx, Qlik Sense, Python, Tableau.

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.