13 Aug
|
JP Morgan Chase
|
Mumbai
13 Aug
JP Morgan Chase
Mumbai
Job Title: 601 - Income Attribution
Location:Mumbai
About JPMorganChase & Co.
JPMorgan Chase & Co. is a leading U.S.-based financial services firm with a global presence, serving millions of customers through its J.P. Morgan and Chase brands. Its Global Finance & Business Management (GF&BM;) India center supports the Office of the CFO from Mumbai, Bengaluru, and Hyderabad, providing Controllers, Planning & Analysis, Finance Operations, and Business Client & Products services. Teams are aligned with major business lines, offering diverse growth opportunities in an inclusive culture rooted in Service, Heart, Curiosity, Courage, and Excellence. The Commercial & Investment Banking (CIB) Controllers organization ensures financial integrity, regulatory compliance, and continuous process improvement.
As a member of the Income Attribution team within CIB, you are responsible for ensuring accurate allocation of revenues and expenses across legal entities and business lines, supporting financial transparency and regulatory compliance. The current opening is within GF&BM; CIB Controllers in Mumbai, which is part of the CIB Line of Business (LOB) within GF&BM; India.
- Oversee FR/FFIEC reporting, expense/revenue allocations, local regulatory reporting, and FX hedging.
- Ensure ARIBA is updated and maintained as the corporate repository of service level agreements.
- Prepare submissions to Tax such as APA reports and contribute to ad hoc deliverables from Tax.
- Escalate reference data or other issues in XIB impacting income attribution as appropriate .
- Collaboratewith Tax and location LECs on regulatory requests (e.g. ECB, SEC) or external tax office queries (e.g. IRS, HMRC).
- Perform calculations for revenue & expense allocation at LE level for all the applicable LOB's as per the OECD transfer pricing guidelines.
- Ensure adherence to global income and expense attribution standards by evaluating the suitability of Service Level Agreements (SLAs) between Legal Entities.
- Partner closely with Product Control & Tax to evaluate or revalidate transfer pricing for business expansions, changes, new products, etc.
- Produceanalytics of Legal Entity and Line Of Business results across all JPM LEs globally for respective LOBs, involving understanding of business booking models, validating revenue and cost booking in LE, and identifying potential inconsistencies in transfer pricing.
- Collaborate with PWC for the annual audit of income attribution processes.
- Required qualifications, skills and capabilities
- MBA (Finance), Chartered Accountant or a relevant professional graduate degree with at least 2+ years of overall experience (post qualification).
- Demonstrated leadership skills with the ability to motivate and guide teams.
- Background in accounting/ financial reporting/regulatory reporting, along with exposure to SQL and basics of Python
- Advanced MS Excel (data manipulation, macros, v-lookups, pivot tables and Advanced Excel applications) / MS Access/ MS PowerPoint / Alteryx skill sets.
- - Strong analytical abilities and interpersonal skills.
- Effective written and verbal communication and presentation skills.
- Familiarity with process transformation methodologies or automation solutions.
- - Knowledge of transfer pricing concepts and experience with CDGL, XIB, Paragon, WCP, and advanced analytics.
- Experience in Legal Entity Control and Financial Control.
- Knowledge of Alteryx, Qlik Sense, Python.
- Background in accounting/ financial reporting/regulatory reporting, along with exposure to SQL and basics of Python
📌 Associate - Legal Entity Controller (Income Attribution) (Mumbai)
🏢 JP Morgan Chase
📍 Mumbai