Legal Entity Controller Senior Associate Sub-Saharan Africa

JPMorgan Chase & Co.; South Africa; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading financial institution in South Africa is seeking a skilled Legal Entity Controller Senior Associate. In this role, you will manage financial oversight across various business lines, ensuring compliance with regulations and enhancing financial reporting accuracy. The ideal candidate has a Chartered Accountant qualification and strong analytical as well as communication skills. You will work in a dynamic environment, engaging with diverse stakeholders and contributing to strategic objectives.

Qualifications

• Chartered Accountant with four years of post-qualification experience.
• Strong analytical and communication skills for preparing executive presentations.
• Ability to manage multiple tasks in a dynamic environment.

Responsibilities

• Manage month-end close processes and prepare legal entity trial balances.
• Conduct variance analysis to ensure financial accuracy with US GAAP and IFRS.
• Prepare Annual Financial Statements and support audit processes.

Skills

Strong analytical acumen

Excellent communication skills

Multitasking ability under pressure

Stakeholder management skills

Project management skills

Proficient in presentation

IFRS technical skills

Education

Chartered Accountant (CASA)

Tools

Excel

PowerPoint

Word

Job description

Legal Entity Controller Senior Associate, Sub-Saharan Africa

Join the Legal Entity Controller Sub-Saharan Africa, where you will play a pivotal role in ensuring the financial integrity and supporting the regulatory compliance of the region's legal entities. This position offers the opportunity to engage with multiple lines of business and internal stakeholders while gaining comprehensive knowledge of legal entity controllership.

Job Summary

As a Legal Entity Controller Senior Associate in the Sub-Saharan Africa, you will manage financial oversight across diverse Commercial and Investment Banking business lines, products, and operational areas that influence the firm's legal entity financials and regulatory reporting. Your expertise will contribute to maintaining a robust control environment, essential for the firm's strategic objectives and regulatory adherence. Collaborate with line of business finance teams, operations, and the Legal Entity Controller community to advance the Legal Entity agenda.

Work closely with various teams to ensure compliance with financial regulations and support the firm's strategic goals. Gain exposure to a wide range of financial products and enhance your expertise in legal entity controllership.

Job Responsibilities

• Manage month-end close processes, including the preparation of legal entity trial balances, P&L remittance, and Federal Reserve reporting.
• Conduct variance analysis and perform analytical reviews to ensure alignment with US GAAP and IFRS standards, guaranteeing financial accuracy and completeness.
• Prepare Annual Financial Statements and support audit processes in compliance with IFRS.
• Manage intra-group income and expenditure allocations, including cash settlement, trend analysis, and efficiently address intercompany breaks.
• Ensure compliance with GLRS policies, Standard Operating Procedures (SOPs), US Accounting policies, and adhere to statutory filing requirements for all local legal entities.
• Oversee reference data mappings and manage SAP to BDA reconciliation processes.
• Utilize expertise in financial systems and experience with product migrations to enhance operations.
• Prepare IFRS papers to assess and document the impact of accounting changes when required.
• Engage in projects for new initiatives and expansions, contributing financial insights and expertise.
• Build and maintain key stakeholder relationships to ensure accurate and timely resolution of issues.

Required Qualifications, Capabilities, and Skills

• Chartered Accountant (CASA) with four years of post-qualification experience.
• Strong analytical acumen and excellent written and verbal communication skills, including the ability to prepare executive-level presentations.
• Ability to multitask and work effectively under pressure in a dynamic and challenging environment.
• Excellent stakeholder management and automation skills.
• Strong project management skills.
• Proficient presentation skills.
• Strong IFRS technical skills with interpretation and application.

Preferred Qualifications, Capabilities, and Skills

• Strong knowledge of IFRS and US GAAP.
• Experience with banking products and derivatives is advantageous.
• Proficiency in Excel, PowerPoint, and Word.
• Keen interest in AI and Automation.