LEC- Associate

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai

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

💡 Quick Summary

Seeking a career-building opportunity? The LEC- Associate position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

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Job Details

Company Name: JPMorganChase

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The expected salary for LEC- Associate in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, LEC- Associate is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for LEC- Associate. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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