Product Controller

Socket.dev

Newark (DE)

On-site

USD 90,000 - 120,000

Full time

4 days ago
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Job summary

JPMorgan Chase & Co. in Newark, DE is seeking a Product Control Associate in the Executive Middle Office to own daily P&L and risk narratives for a flagship product, coordinating with Front Office, Market Risk, Technology, and Finance.

The role focuses on financial accuracy, robust controls, and supporting scale, with responsibilities across reconciliations, month-end close, billing, cash receipts, and ad-hoc analysis.

Qualifications

  • Assist with daily P&L reporting and month-end close, including reconciliations and journal entries.
  • Provide detailed analysis and reporting on the financials.
  • Partner with the business to drive robust controls and new business initiatives.
  • Serve as analytical and project support resource for product control.
  • Assist with daily cash receipts entry.
  • Assist with monthly billing of Financial Service Partners, Payers, Trading Partners and Direct customers.
  • Monitor collections process for Account Level and Merchant Service fees.
  • Own 3rd Party Revenue Share calculation and distribution.
  • Handle various ad-hoc requests on a daily basis.

Skills

P&L reporting
Month-end close
Financial analysis
Internal controls
Stakeholder comms
Billing processes
Cash receipts
Revenue sharing
Ad-hoc analysis

Education

Bachelor’s degree in Accounting, Finance, Business or related area

Job description

As a Product Control Associate in the Executive Middle Office team, you will promote financial accuracy, strengthen risk management, and influence how a major investment platform runs day to day. The Product Controller on the Executive Middle Office team, will sit at the intersection of Front Office, Market Risk, Technology, and Finance—owning the daily P&L and risk story for one of the CIO’s flagship products and helping ensure the business is well supported, properly controlled, and positioned to scale.

Required qualifications, skills and capabilities:
  • Assist with daily P&L reporting and month-end close processes, including reconciliations and journal entries
  • Provide detailed analysis and reporting on the financials
  • Partner with the business to drive forth and implement robust controls and new business initiatives
  • Serve as an analytical and project support resource for product control
  • Assist with daily cash receipts entry
  • Assist with monthly billing of Financial Service Partners, Payers, Trading Partners and Direct customers
  • Monitor collections process for Account Level and Merchant Service fees
  • Own 3rd Party Revenue Share calculation and distribution
  • Handle various ad-hoc requests on a daily basis
Preferred qualifications, skills and capabilities:
  • 3+ years within Product Control, Financial Control, Accounting, or related area
  • Experience doing P&L and month end close process
  • Bachelor’s degree in Accounting, Finance, Business or related area
  • Solid understanding of financial products would be advantageous
  • Strong analytical skills and attention to detail including a strong control focus
  • Excellent communication skills and ability to develop strong working relationships

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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 ourFAQsfor more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.

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