LEC- Associate

Job Description
You are a strategic thinker passionate about driving solutions in Income Attribution. You have found the right team.
As a Legal Entity Controller Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm.
Job Responsibilities:

• Oversee the calculation of income attribution for the lines of business at month-end and ensure the integrity of financial statements.
• Review the alignment of expenses and revenue by legal entity, and collaborate with onshore product control teams to establish new service level agreements as needed.
• Escalate reference data or other issues in XIB impacting income attribution as appropriate. Ensure ARIBA is updated and maintained as the corporate repository of service level agreements.
• Produce metrics on income attribution in accordance with the governance framework. Prepare submissions to Tax and contribute to ad hoc deliverables from Tax.
• Participate in technology initiatives to drive process efficiencies across Markets & Non-Markets (Sales & Trading). Partner with onshore Product Control teams regularly, and with Financial Control, Planning and Analysis, and Tax, where necessary. Collaborate with Tax and Location LECs on any regulatory requests (ECB, SEC) or external tax (HMRC) queries.
• Engage and partner with PWC for the annual audit of the income attribution processes.
• Produce first-level analytics of LE x LOB results across all JPM LEs globally for respective LOBs, involving understanding of business booking models, month-on-month variance analysis, validating revenue and cost booking in LE, and identifying potential inconsistencies in transfer pricing.
• Partner with regional controllers to remediate inconsistencies identified in LE x LOB results. Conduct periodic reviews of transfer pricing with corporate tax colleagues to assess changes and implement as required.
• Support tactical and strategic enhancements, standardization, and automation projects for existing TTP.
• Ensure compliance with global income and expense attribution standards by reviewing the appropriateness of Service Level Agreements (SLAs) between Legal Entities.
• Provide timely and accurate responses to audit queries and variance queries from LEC/P&A. Identify and drive continuous improvement initiatives.

Required qualifications, capabilities, and skills :

• MBA (Finance), Chartered Accountant or equivalent professional degree
• At least 2 years of overall experience (post qualification).
• Analytical mindset, structured approach with project management/process orientation
• Hands on multi-tasker, self directed, capable of working independently and as part of the team
• Excellent communication, interpersonal, and influencing skills
• Advanced MS Excel (data manipulation, macros, v-lookups, pivot tables and Advanced Excel applications) / MS Access/ MS PowerPoint skill sets

Preferred qualifications, capabilities, and skills:

• Knowledge of Income attribution, SAPCO, Advanced Analytics, Qlikview & Cost based attributions will be an added advantage
• Experience preferred in Product Control, Legal Entity Control, Financial Control or P&A
• Knowledge of AI based automation solution is a plus

About Us
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 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 our FAQs for more information about requesting an accommodation.
About the Team
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.