The Firmwide Financial Accounting & Reporting organization is responsible for the accuracy, integrity and timeliness of the Firm's books and records, while providing reporting to both internal and external clients.
The organization closely examines the general ledger, operating systems and infrastructure controls across the entire lifecycle of the business to ensure the firm's financial information is accurately depicted for reporting and regulation purposes. This financial information is used by analysts to assess the firm's financial position; by management to make sound financial decisions; by investors to make informed decisions; and by regulators to supervise and examine the firm appropriately.
The most common functions and activities owned by Firmwide Financial Accounting and Reporting (FFAR) include but are not limited to the following: financial analysis, consolidation, reporting, balance sheet reconciliation/certification/substantiation, general ledger reconciliation reporting & governance, inter-entity control and governance, manual accounting/bookings to the general ledger and operating systems, and executing the month end close process. Job Description
Manage the monthly consolidation of JPMorgan Chase income statement and balance sheet
Develop and maintain financial reports and schedules
Control post-closing entries and consolidation adjustments
Perform various control procedures to ensure the integrity of reported financial results
Participate in all aspects of the production of the monthly financial Flash Report
Support ad-hoc requests for financial information received from across the firm
Work closely with the line of business controllers, middle office and operations areas to understand the operational impact of trading strategies and settlement practices for the businesses globally
Work with various areas to research, escalate, and clear cash and settlement exceptions in a timely manner
Work with the businesses and controllers to understand and sign off on monthly profit and loss
Complete monthly general ledger reconciliation process
Excellent verbal and written communication skills
Excellent organizational, problem-solving skills, negotiation and analytical skills
Excellent desktop/spreadsheet/database skills
Ability to work well under pressure and balance multiple priorities
Ability to build and maintain partnerships within the various product aligned businesses and across other corporate groups
Ability to understand business drivers and requirements and influence others to deliver solutions
Ability to critically challenge with the goal of identifying control issues
Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies
Aptitude for learning and leveraging systems and data flows
Basic understanding of the firm's products
Basic experience with a financial consolidation and reporting system (i.e. SAP interface)
In-depth knowledge of industry standards and regulations
3-5 years accounting or industry experience
Bachelor's degree in Accounting, Finance, or Business (or equivalent experience)
CPA license beneficial in some FFAR roles but not required
***Note: This role requires compliance with the Firm's Consecutive Leave Policy. The policy requires certain employees in sensitive positions to be out of the office for a specified period each calendar year. Please ask the recruiter or hiring manager for additional details***
To be considered for this role,you may be required to complete the video interview powered By HireVue.
About J.P. Morgan:
J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its JPMorgan and Chase, and WaMu brands.
Internal Number: 6132621
eFinancialCareers is a career site specializing in financial services.