Firmwide Financial Controller - Equities - Associate

Testing Site - JPMC; Newark (DE); On-site; USD 85,000 - 110,000; Full time

Job summary

Testing Site - JPMC is seeking a Financial Controller to ensure accuracy and timeliness of the firm’s books, with emphasis on GL, MS Close, and governance across the finance lifecycle. The role involves collaborating with various business units, technology, and operations to uphold financial integrity and robust controls.

The ideal candidate has a Bachelor's degree and 3+ years of relevant experience, strong analytical and Excel skills, and the ability to drive process improvements within a

Qualifications

• Bachelor’s degree required.
• Minimum 3+ years of related experience.
• Understanding of financial products.
• General ledger accounting experience.
• Experience with financial reporting and month end close responsibilities.
• Strong analytical skills and advanced Excel/database skills.

Responsibilities

• Ensure accuracy of GL balance sheet accounts and adherence to GLA standards.
• Maintain P&L and balance sheet controls and identify efficiency opportunities.
• Analyze variances between GL and upstream systems.
• Collaborate with controllers, middle office, business managers, tech and ops.
• Understand end-to-end trading flow to apply accounting policies and strengthen controls.
• Ensure integrity of income statement and balance sheet at close periods.
• Support NBFR initiatives and serve as subject matter expert for financial control.
• Propose process or infrastructure improvements with stakeholders.
• Oversee preparation of primary financial statements for earnings releases and SEC filings.
• Control post-closing entries and consolidation adjustments.
• Perform control procedures to strengthen the control environment.

Skills

Analytical skills

Excel

Communication

Multi-tasking

Problem solving

Financial products

Education

Bachelor's degree

Tools

ERP system

Job description

Join the Financial Control function team and primarily focused on ensuring the accuracy, integrity and timeliness of the firm’s books and records with an emphasis on general ledger, operating systems and infrastructure controls across the entire lifecycle of the business. Some of the most common functions and activities that are owned by Financial Controllers are MTD PL reconciliations, balance sheet reconciliation, balance sheet substantiation and GLRS reporting & governance, inter-entity control and governance, manual accounting / bookings to the GL, and operating systems and the month end close process & coordination.

Job Responsibilities:

• Ensure the accuracy and validity of line of business general ledger balance sheet accounts, including adherence to the firmwide General Ledger Attestation (GLA) standards
• Ensure adherence to P&L and Balance Sheet controls owned by Financial Control, including identifying and implementing opportunities for efficiency
• Analyze, communicate, and resolve material variances between the general ledger and upstream systems, as defined by line of business
• Work closely with various line of business controllers, middle office, business managers, technology and operations
• Understand end-to-end flow of trading activities, booking models, product configurations, and trade economics to apply relative accounting policies and enhance control framework
• Ensure for the integrity and accuracy of line of business income statement and balance sheet at month, quarter, and year-ends
• Engage in line of business initiatives and projects, be the financial control subject matter expert
• Identify to proactively identify process and/or infrastructure enhancements and work with stakeholders to enact change
• Oversee preparation of the firm's primary financial statements at quarter-end for use in the earnings release and Securities Exchange Commission filings
• Control post-closing entries and consolidation adjustments
• Perform various control procedures to ensure the integrity of reported financial results and enhance the overall control environment

Required qualifications, capabilities, and skills:

• Bachelor’s degree
• Minimum 3+ years of related experience
• Understanding of financial products
• General Ledger accounting experience
• Experience with financial reporting and month end close responsibilities
• 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 with an ability to multi-task
• Excellent verbal and written communication skills
• Ability to build and maintain partnerships within the various product aligned businesses and across teams in finance, other accounting groups, ops, and tech

• Ability to critically challenge with the goal of identifying control issues

Preferred qualifications, capabilities, and skills:

• Existing relationships and networks within the firm's IB community an advantage

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).