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Legal Entity Control - Associate @ Vee Aar

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 Legal Entity Control - Associate

Job Description

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

Job Responsibilities :

  • Monitor the integrity of books and records (both local and USGAAP) of the legal entity, in adherence with Legal Entity Control Standards and other applicable global policies
  • Review FX open positions. Manage and mitigate foreign currency related exposures through FX trade-out. Analyze legal entity Balance sheet and P&L movements and explain drivers with appropriate business commentary
  • Present summary of LE financial performance to Senior stakeholders, Lead Controllers and LEC. Production and review of financial information, Board reporting and other MIS functions. US Regulatory, statistical, and economic survey submission. Drive action & implementation of new guidance in partnership with central teams
  • Develop operating models and policy framework through focus on specific control enhancement areas. Participate and drive key legal entity strategy and simplification programs through discussion and execution
  • Validation and attestation of LEC owned general ledger balance sheet accounts. Liaise with firmwide Regulatory, Product Controller, Tax and other teams on various improvement projects to drive control actions
  • Contribute to overall team efficiencies by working on automation and digitisation agenda. Handle auditors (both Statutory and internal), QA teams and regulators through effective query response and resolution
  • Review and present Statutory accounts for UK legal entities and drive actions to resolve queries. Evaluate New Business initiative approvals and provide updates to LEC regarding impact to LE accounts and processes. Manage team learning & development and resiliency through continuous training and knowledge transfers.

Required qualifications, capabilities, and skills

  • Chartered Accountant with 4-7 years experience preferably with financial services industry and experience of US GAAP and IFRS
  • Strong team player with good people management and inter-personal skills required to work effectively with varied individuals across departments and teams
  • Strong control mindset and analytical skills
  • Excellent communication, presentation and organizational skills including decision-making abilities
  • Self-starter with ability to take initiative and constantly challenge the process
  • Ability to multi-task complex requirements under considerable time pressure, whilst maintaining a high degree of accuracy and quality
  • Enthusiastic, with a positive attitude. Strong PC skills including MS Excel, MS Word, MS Access and Lotus Notes.

Preferred qualifications, capabilities, and skills

  • Investment Banking product knowledge including derivatives, equities and debt securities would be an advantage
  • Knowledge of GL platforms like SAP would be an advantage

Employement Category:

Employement Type: Full time
Industry: Banking / Financial Services
Role Category: Legal PracticeGeneral / Other Software
Functional Area: Not Applicable
Role/Responsibilies: Legal Entity Control - Associate

Contact Details:

Company: JPMorgan
Location(s): Mumbai

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Keyskills:   us gaap ms access work effectively balance sheet team learning new business

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₹ 5 - 6 Lakh/Yr

Vee Aar

An Auto Part Mfg MNC Client of VEE AAR PLACERS ( P ) LTD..........................................................................................................................................................................................................