Purpose of Job
The purpose of the job is to ensure compliance with JPM corporate and local reporting standards in respect to accounting, statutory and assistance with taxation for 3 South African entities.
Key responsibilities of Legal Entity Control team Corporate Reporting (US) :
Month end reporting ensuring the month end close within corporate deadlines (4 day close period), verification of corporate P&L, analysis of inter-
entity charges from other JPMorgan locations including resolution of inter-entity breaks during month-end close, unnatural balance checks and FX trade outs.
Compliance with the firms GLRS (general ledger reconciliation and substantiation) policies, Quality assurance and US accounting policies, including P&L remittance and capital hedging submissions.
GLRS Sub LOB Responsible for managing the dispute queue and assigning of accounts to the correct owners.
Equity roll forward and resolution of equity breaks with Parent company.
Preparation of location KPIs, scorecards and health checks.
Ensuring appropriate financial controls are in place and operating effectively.
Ownership of all reference data within the financial reporting space.
Preparation of accounts receivable and audit fee provisions reconciliations and adjustments
Local reporting :
Preparation of the monthly ZAR trial balances for regulatory reporting (Caseware).
Preparation of inputs for local management reports (Month end packs, local operating committees, etc).
Preparation of local and corporate submissions (monthly / quarterly)
Assist in the preparation of the Annual Financial Statements (IFRS based) as well as external audit requests.
Preparation of IC debtor invoices receipts and BOP reporting.
Taxation & Statutory :
Preparation of monthly VAT returns and payments.
Preparation and reconciliation of tax schedules (Professional fees, audit fees, legal fees and repairs and maintenance).
Ownership of Tax bank accounts including reconciliations, funding and payments as well as Federal reporting.
Assist with relevant statutory filing requirements for all local legal entities.
Preparation of Public Interest scoring calculations
Adhering to retention policies of documents and information in line with Companies Act requirements.
Champion of the Third Party Oversight process for the LEC team.
Knowledge, skills and experience required :
Firm grasp of accounting principles and applications.
Experience in tax and company secretarial legislation beneficial.
Knowledge of general office procedures (e.g., filing, correspondence, arranging meetings)
Knowledge and experience in electronic ledgers and accounting systems.
Ability to multitask, prioritize deadlines and manage own time.
Good communication skills.
Strong MS Excel knowledge
Bcom degree (minimum)
Relevant working experience.
General accounting experience.
Analytical / detail orientated.
Works well under pressure.
Delivery focussed and meets deadlines.
Proactive and adept at issue resolution.
About J.P. Morgan’s Corporate & Investment Bank :
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries.
With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Further information about J.P. Morgan is available at
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co.
is an Equal Opportunity Employer.