Firmwide Financial Controller - Equities - Associate

JPMorgan Chase & Co.; Newark (DE); On-site; USD 110,000 - 140,000; Full time

Job summary

JPMorgan Chase & Co. in Newark, Delaware is seeking a Financial Controller to help ensure the accuracy, integrity and timeliness of the firm’s books and records, with emphasis on the general ledger, operating systems and infrastructure controls throughout the business lifecycle.

You will own GL reconciliations, balance sheet substantiation, month-end close, and related governance and reporting processes, partnering with line-of-business controllers, technology and operations to strengthen

Qualifications

• Bachelor’s degree required.
• At least 3 years of related financial control experience.
• Understanding of financial products and GL accounting.
• Experience with financial reporting and month-end close.
• Strong analytics, Excel/DB skills, and communication ability.

Responsibilities

• Ensure accuracy of general ledger balance sheet accounts per GLA standards.
• Maintain P&L and Balance Sheet controls and identify efficiency gains.
• Analyze variances between GL and upstream systems.
• Collaborate with controllers, middle office, tech and ops.
• Support month-end close and governance reporting.
• Prepare primary financial statements for earnings and SEC filings.
• Oversee post-closing entries and consolidation adjustments.

Skills

General Ledger

Financial reporting

Month-end close

Analytical skills

Excel/Spreadsheet skills

Written and verbal communication

Stakeholder management

Problem solving

Multi-tasking

Education

Bachelor’s degree

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 experienceExperience 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).