Job Opportunity: Legal Entity Controller – Associate at JPMorgan Chase & Co., Bengaluru, Karnataka

About the job

You are a strategic thinker passionate about driving solutions in Finance. You have found the right team.As the Legal Entity Controller professional in our Asset & Wealth Management , you will spend each day defining, refining and delivering set goals for our firmYou will be part of Asset & Wealth Management Finance team, which delivers industry-leading investment management solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.You will be responsible for financial oversight of the legal entity and will be tasked with ensuring that a strong control environment exists as it relates to all businesses, products and operational areas that impact the Legal Entity financials and regulatory reporting of the firm.Job ResponsibilitiesYour role provides an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end. You will liaise with the line of business finance teams, operations, and the Legal Entity Controller community to drive the Legal Entity agenda. Specific responsibilities will include:

  • Legal Entity accounting & control on a monthly basis, including month-end close process, parent/child accounting, equity pick up, review of inter-entity breaks, and unnatural general ledger balance monitoring
  • Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed. Key area of work will be the multi-year Platform modernization project.
  • Month-End analytical review of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, as well as Legal Entity and line of business financial commentary and regulatory reporting requirements. Investigation, analysis and resolution of issues and response to ad-hoc queries
  • Assist in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring. Intercompany Activity Control including variance commentary. Monitoring of the G/L including consolidation and netting
  • Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed
  • FX exposure review and management. Collaborate with the broader GPB Controllers team and assist in key project-related deliverables with the focus on one specific multi-year project. Define testing & quality assurance requirements and run testing with a particular focus on automated testing solutions
  • Work seamlessly with the project manager to drive the project objectives

Required Qualifications, Capabilities, And Skills

  • An interest in accounting and control processes
  • Developing understanding of financial statement structures and US GAAP / IFRS or any local GAAP
  • Comfort with daily, monthly or quarterly reporting cycles and strict deadlines
  • Experience using or willingness to learn SAP, MS Office suite and/or data and business intelligence tools (Tableau, Alteryx, Python, etc)
  • CA/ PG / Bachelor’s degree in Finance, Accounting, Economics (or related discipline) or equivalent experience
  • 4/5 years’ relevant working experience


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