Job Description :
Analyst
The Financial Accounting, Infrastructure and Reporting (FAIR) team is accountable for the integrity of the books and records of the Firm / LOBs and leading large-scale data, infrastructure, accounting standard and business process change management events. The regional locations covered by FAIR include EMEA (Europe/Middle East/Africa), North America and Asia.
The organization closely examines the general ledger, operating systems and infrastructure controls across the entire lifecycle and diverse product scope of the investment bank 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 FAIR include but are not limited to the following: financial analysis, consolidation, reporting, balance sheet reconciliation and 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
Analyst
The Financial Accounting, Infrastructure and Reporting (FAIR) team is accountable for the integrity of the books and records of the Firm / LOBs and leading large-scale data, infrastructure, accounting standard and business process change management events. The regional locations covered by FAIR include EMEA (Europe/Middle East/Africa), North America and Asia.
The organization closely examines the general ledger, operating systems and infrastructure controls across the entire lifecycle and diverse product scope of the investment bank 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 FAIR include but are not limited to the following: financial analysis, consolidation, reporting, balance sheet reconciliation and 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
- Work closely with line of business controllers, middle office, and operations
- Work with the businesses to ensure understanding of monthly profit and loss
- 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
Skills
- Proficient desktop/spreadsheet/database skills
- Proficient organizational and problem-solving skills
- Proficient verbal and written communication skills
- Basic understanding of the firm’s products
- Comfort liaising with business and risk partners while building and maintaining relationships
- Ability to critically challenge with the goal of identifying control issues
- Ability to understand business drivers and requirements and influence others to deliver solutions
- Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies
Qualifications
- Bachelor’s degree in Accounting, Finance, or related businessfield
- Basic knowledge of industry standards and regulations
- CPA license beneficial in some FAIR roles but not required
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