LEC - Associate

7 - 10 years

22 - 27 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

You are a strategic thinker passionate about driving solutions in Controllers. You have found the right team.

As a LEC Associate within our Fice team, you will be responsible for overseeing the accounting and reporting of legal entity ficial statements in compliance with US GAAP and local GAAP. You will cater to multiple stakeholders across various lines of business, legal entities, and regions, ensuring effective control and delivery. You will provide direction to the team and manage key deliverables, including FX Risk Management and Capital Hedging in line with FASB requirements. You will monitor general ledger controls, manage regulatory reporting, and prepare management information summaries to aid senior management decision-making. You will ensure compliance with critical regulators such as RBI, HKMA, MAS, and APRA, and oversee BASEL, risk reporting, and capital management. You will conduct periodic ficial statement reporting and analysis, adhering to control metrics and legal entity standards. You will maintain relationships with onshore partners, implement internal controls, and promote strategic priorities and fice transformation projects. You will also focus on people and career management, engaging and motivating team members.

Job Responsibilities

  • Oversee accounting and reporting of legal entity ficial statements in accordance with US GAAP and local GAAP.
  • Ensure robust controls are in place to support delivery across multiple stakeholders, lines of business, legal entities, and regions. Direct the local team on key deliverables and maintain accountability for stakeholder outcomes.
  • Review and own FX risk management through trade-out and capital hedging, complying with FASB (FAS 52) requirements. Monitor general ledger controls, including attributions, inter-entity and investment equity breaks, IFRS reporting, and budgeting/forecasting (GLRS).
  • Prepare and review regulatory reports to ensure compliance with US Federal requirements. Develop and present management information summary decks to support senior management decision-making through ficial performance analysis.
  • Report and ensure compliance with critical regulators such as RBI, HKMA, MAS, APRA, and others. Prepare and review BASEL, risk reporting, and capital management documentation.
  • Conduct periodic ficial statement reporting and analysis, including balance sheet, P&L, off-balance sheet, and volume/exposure reporting as required by local regulations.
  • Adhere to control metrics, legal entity control standards, and relevant policies, including booking model reviews.
  • Perform daily monitoring and control activities. Maintain and develop strong relationships with onshore partners and business units.
  • Implement internal control policies and procedures to mitigate ficial and business risks. Migrate processes to strategic data sourcing platforms.
  • Strengthen relationships with onshore teams and business partners. Review, drive, and implement strategic priorities, projects, and initiatives.
  • Lead strategic conversations for ongoing projects, system implementations, and fice transformation initiatives. Manage people and careers, engaging team members to keep them motivated and challenged.

Required qualifications, capabilities, and skills

  • Qualified Chartered Accountant or Equivalent Fice Degree or a subject of a technical nature
  • Self-starter, able to prioritize key tasks & manage deliverables effectively
  • Advanced skills in Excel and PowerPoint
  • Inquisitive, enthusiastic, and diligent
  • Strong verbal and written communication skills with the ability to articulate complex issues clearly
  • Ability to create ad hoc reporting for senior management
  • Proven track record for executing on special projects / assignments with often little lead time or information
  • Highly motivated and able to thrive and think clearly under pressure and tight deadlines
  • Team player with the ability to be respected as a trusted partner
  • Highly motivated self-starter with excellent time management/prioritization skills
  • Strong analytical and problem-solving skills with ability to analyze large data sets and present conclusions concisely. Strong people management skills

Preferred qualifications, capabilities, and skills

  • 7-10 years of work experience, preferably in Ficial Services, and/or accounting/controller background
  • Should be flexible with shifts but in general it will be an India login timing i. e. 9AM IST or earlier on certain days of the month depending on the critical functions being handled.

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JPMorgan Chase Bank logo
JPMorgan Chase Bank

Financial Services

New York

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