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Financial Controller - Analyst

JPMorgan Chase · Posted Oct 8

Global banking, investment, credit card, mortgage, and asset management services

Mumbai, Mumbai, Maharashtra, IndiaFull-timeOnsiteMid Level3+ years₹14.0L–₹22.0L yearly100+ applicants
BankingFinancial ServicesInvestment BankingAsset ManagementCredit CardsPaymentsPublic Company
Full time

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About the role

Global Technology Controllers within Corporate Sector Controllers provides controllership support to the technology function, covering Hardware, Software, Professional services and other direct expense lines, and is responsible for capitalization of tangible and intangible assets. As an Analyst, you will handle accounting for technology in accordance with US GAAP and JPMC standards. The role involves expense versus capitalization determinations, work-in-process ledger reviews, WIP reconciliations to upstream project and procurement systems, asset capitalization, and variance analysis with Technology and business stakeholders.

What you will do

  • Determine expense versus capitalization treatment, ensure timely disposal recognition, and post close entries with appropriate support and approvals.
  • Partner with Technology, P&A, Business Management, and Procurement to align on project scope, in-service dates, and cutover timing, and maintain SOX-compliant controls and audit-ready evidence.
  • Perform ongoing review of work-in-process ledger balances, including aging analysis, root-cause identification, and timely clearing to fixed assets or expense when criteria are met.
  • Reconcile WIP balances to upstream project and procurement systems and validate against purchase orders, capitalization requests, and approvals.
  • Capitalize qualifying assets by evaluating projects against thresholds and criteria and determining start/stop capitalization dates, place-in-service dates, useful lives, and residual values.
  • Validate operational impacts and future benefit assumptions with Technology and business stakeholders and record entries accurately and timely in the general ledger.
  • Ensure balance sheet positions are appropriately supported to maintain a strong fortress balance sheet.
  • Document analytics through estimates, walk-forwards, controller financial reviews, and flash reports.
  • Analyze, communicate, and resolve material variances between the general ledger and upstream systems, as defined by the line of business.

Skills used in this role

US GAAPGeneral LedgerSOXfinancial reportingspreadsheetdatabaseanalyticalproblem solvingcommunicationorganizationalmulti-tasking

What the employer is looking for

  • 3 years of related experience
  • General Ledger experience. Experience with financial reporting and month end close responsibilities
  • Comfortable liaising with business and risk managers
  • Able to build and maintain partnerships within the various product aligned businesses and across other corporate financial, treasury, and accounting groups
  • Able to understand business drivers and requirements and influence middle and front office partners to deliver solutions to business issues and problems
  • 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
  • Excellent verbal and written communication skills
  • Able to multi-task in a constantly changing environment
  • Able to critically challenge with the goal of identifying control issues

Preferred qualifications

  • Existing relationships and networks within the firm's IB community an advantage
  • Shift Timing: Mid-day shift 1pm to 10pm

Benefits and support

  • Compensation and benefits are detailed in the job posting

About JPMorgan Chase

JPMorgan Chase & Co. is one of the oldest, largest, and most diversified financial services institutions in the world. Operating globally through the J.P. Morgan and Chase brands, the firm provides a comprehensive range of financial solutions including investment banking, consumer and commercial banking, transaction processing, and asset management. Serving millions of consumers and many of the world's most prominent corporate, institutional, and government clients, the company combines deep market expertise with extensive technological investments.

Industry
Banking
Company size
320000+ employees
Founded
1799
Location
New York, New York, USA
Funding stage
Public Company

Leadership

JD
Jamie Dimon

Chairman and Chief Executive Officer

JB
Jeremy Barnum

Chief Financial Officer

JP
Jennifer Piepszak

Chief Operating Officer

LB
Lori Beer

Global Chief Information Officer

MC
Mary Callahan Erdoes

CEO, Asset & Wealth Management