Payments Planning and Analysis - Associate

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

Job summary

JPMorganChase in Mumbai seeks an experienced Financial Analyst to partner across the firm, coordinating budgeting and forecasting with FP&A. You will analyze financial data, streamline processes via automation, and support senior management with dashboards and reporting for profitability and efficiency.

The role requires 3+ years in financial services or accounting, a BA/BS in accounting/finance, and strong communication. You will drive data quality and support cross-functional teams.

Qualifications

• Bachelor's degree in Accounting, Finance or a technical field.
• 3+ years of experience in Financial Services or accounting/controller.
• Proficiency with data mining/gathering and manipulation of data sets.
• Inquisitive, enthusiastic and diligent with peers.
• Strong written and verbal communication; can present complex issues clearly.
• Ability to create ad hoc reporting for senior management.
• Proven track record executing on special projects with tight deadlines.
• Self-starter with excellent time management and prioritization.
• Strong analytical and problem-solving skills with large data sets.

Responsibilities

• Manage annual/continual financial planning activities for product areas and provide rationale for month-end performance and forecasting.
• Conduct analysis on product financial performance, demand planning, budgeting, trends, and exception reports.
• Deliver efficiency reporting, analytics and strategy including location strategy and reporting.
• Create financial business cases for initiatives.
• Report on and monitor key metrics, drive data quality, and define future needs.
• Develop and track performance metrics, prepare presentations, and provide financial analysis to senior management.
• Perform variance analysis and explain changes from prior forecasts.
• Help design new reports and dashboards to deliver results to senior management.
• Enhance controls and streamline processes, introducing automation where possible.

Skills

Data analysis

Ad hoc reporting

Financial forecasting

Communication skills

Problem solving

Time management

Education

Bachelor's degree in Accounting/Finance

Job description

Job Description

Financial Analysis is responsible for partnering across the firm to provide financial and strategic analysis, oversight, and coordination of budgeting and forecasting. Our Financial Planning and Analysis (FP&A) teams are responsible for a wide range of activities including financial control, forecasting and budgeting, analysis of financial/business metrics, delivery of weekly/monthly/quarterly management reporting, development of new reporting capabilities (e.g. dashboards), and advising the line of business CFOs on how to increase profitability and efficiencies.

Job Description

Financial Analysis is responsible for partnering across the firm to provide financial and strategic analysis, oversight, and coordination of budgeting and forecasting. Our Financial Planning and Analysis (FP&A) teams are responsible for a wide range of activities including financial control, forecasting and budgeting, analysis of financial/business metrics, delivery of weekly/monthly/quarterly management reporting, development of new reporting capabilities (e.g. dashboards), and advising the line of business CFOs on how to increase profitability and efficiencies.

You will analyze, prepare, and reconcile accounting and technical data as well as prepare reports, while always thinking of and devising ways to streamline and minimize cycle times through automated applications and process improvement. You will also help develop recommendations effecting business procedures and operations and maintain financial and reporting systems. In addition, you will assist the department and other team members with special projects or components of other projects as needed.

In a Financial Analysis role, you would be responsible for:

• Managing annual/continual financial planning activities for product areas, providing business rationale and decisions for all month-end financial performance and forecasting, conducting reviews and analysis on product financial performance, consumption/demand planning, budgeting, billing, trends, and exception reports
• Efficiency reporting, analytics and strategy - including, but not limited to - location strategy, span of control, reporting and analytics
• Creating financial business cases supporting business initiatives
• Reporting on and monitoring key metrics, driving data quality initiatives across the product area, and helping define future needs of the product area
• Developing and tracking performance metrics, creating presentations, and generally providing financial analysis on a variety of topics to senior management
• Performing variance analysis to understand the key drivers of the results and presenting commentary to senior managers, explaining changes from prior forecasts/budgets
• Helping design new reports and dashboards to efficiently deliver the financial results to senior management
• Enhancing controls and streamlining processes, introducing automation where possible

Qualifications

• Bachelor's degree in Accounting, Finance or a subject of a technical nature
• 3+ years of work experience, preferably in Financial Services, and/or accounting/controller background
• Proficiency with data mining/gathering and manipulation of data sets
• Inquisitive, enthusiastic and diligent, and capable of challenging peers
• Strong verbal and written communication skills, with the ability to articulate complex issues clearly
• Ability to create ad hoc reporting for senior management
• Proven track record for executing on special projects / assignments, often with little lead time or information
• Highly motivated and able to thrive and think clearly under pressure and tight deadlines
• Team player with the ability to be respected as a trusted partner for the Business, Finance, and FP&A Teams
• Highly motivated self-starter with excellent time management/prioritization skills
• Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely

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.