Finance & Business Management- VP

Employer
JPMorgan Chase Bank, NA
Location
Newark, DE
Posted
Aug 08, 2022
Closes
Aug 23, 2022
Ref
621026929
Hours
Full Time
Corporate Finance: Financial Accounting, Infrastructure & Reporting - CIB Financial Control - Vice President The Financial Accounting, Infrastructure and Reporting (FAIR) team is accountable for the accuracy and integrity of the books and records of the Firm / LOBs as well as 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 & South Americas, and Asia. The organization closely examines the general ledger, operating systems and infrastructure controls across the entire lifecycle and diverse product scope of the Corporate & 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. Responsibilities: Support a specific line of business within the Corporate & Investment Bank such as Currencies & Emerging Markets, Rates, Credit Trading, Securitized Products Group, Equities, and Risk Work closely with various line of business controllers, middle office, business managers, technology and operations Experience managing a staff of skilled professionals In-depth knowledge of industry standards, regulations, and products (derivatives, loans, securities, etc.) Experience with SAP and advanced Excel skills is a plus Partner with FAIR teams globally Understand end-to-end flow of trading activities, booking models, product configurations, and trade economics to apply relative accounting policies and enhance control framework Responsible for the integrity and accuracy of line of business income statement and balance sheet at month, quarter, and year-ends Engagement in line of business initiatives and projects, be the financial control subject matter expert Ability to proactively identify process and/or infrastructure enhancements and work with stakeholders to influence and enact change Oversee preparation of the firm's primary financial statements at quarter-end for use in the earnings release and SEC filings Control post-closing entries and consolidation adjustments Perform various control procedures to ensure the integrity of reported financial results Manage intercompany eliminations, a key component of the financial consolidation process Enhance the overall control environment around the financial reporting function Mobilize change wherever possible in order to simplify processes and enhance controls Requirements: Experienced understanding of financial instruments and accounting concepts Experienced understanding of industry standards and regulations 8-10 years accounting, finance or industry experience Bachelor's degree in Accounting, Finance, or Business (or equivalent experience) CPA license beneficial in some FAIR 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 JPMorgan Chase & Co., 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 JP 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.Equal Opportunity Employer/Disability/Veterans

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