1. Home
  2. Jobs
  3. Jobs in Bangalore
  4. Finance jobs in Bangalore
  5. Associate - Financial Analysis, Expense Allocation
Agent
Jobs
Applied
Tracker
Profile
    1. Jobs for you
    2. Job

    Job · 23463957

    JP Morgan Chase logo

    Associate - Financial Analysis, Expense Allocation

    JP Morgan Chase · Bengaluru · onsite · Posted 1d ago

    Not disclosedFresherfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    As an Expense Allocation Associate in Product and Technology, you will be responsible for end-to-end processing, allocation, and analysis of expense allocations across the organization. You will ensure expenses are accurately captured in the Apptio module for Technology, mapped to the appropriate cost pools and cost objects, and allocated using consistent, auditable methodologies. You will maintain strong controls and governance over the allocation process to ensure results are accurate, defensible, and repeatable across reporting cycles. You will collaborate with finance and planning partners and business stakeholders to enable transparency, trend analysis, and meaningful insights.

    Job summary

    As a Financial Analysis professional within the Product and Technology finance organization, you will manage the end-to-end processing, allocation, and analysis of expense allocations across the organization. You will ensure expenses are captured in Apptio for Technology, mapped to appropriate cost pools and cost objects, and allocated using consistent, auditable methodologies. You will maintain strong controls and governance to ensure allocation results are accurate, defensible, and repeatable across reporting cycles. You will partner closely with finance, planning, and business stakeholders to explain drivers, support reporting, and deliver actionable insights.

    Job responsibilities

    • Drive the end-to-end expense allocation process in alignment with Indirect Expense Standards, maintaining strong governance and audit-ready methodologies.
    • Develop expertise in the Technology allocation process and the Apptio TBM module, including configuration tables that impact allocations and consumption-based allocation reporting.
    • Track and trace allocation changes and submissions to Consumer and Community Banking Planning and Analysis, and perform consistent allocation reporting to enable trend analysis across scenarios.
    • Perform budget allocations by organizing the budget calendar for Technology expense allocation submissions and coordinating reviews with key stakeholders (including planning partners, corporate partners, firmwide partners, the Apptio product team, and MIS).
    • Monitor monthly loading and reconciliation of vendor, hardware, and software expenses to the ledger and project planning systems.
    • Provide actionable guidance to finance and planning partners for assessing allocation impacts related to hierarchy, expense, and headcount transfers.
    • Collaborate with Consumer and Community Banking Central Planning and Analysis to support implementation and adaptation of technical changes from SAP Controlling to Apptio.
    • Monitor partner technology group charges, gather driver insights for Product and Technology Chief Financial Officer review, and support business lines with insights as needed.
    • Collaborate with the Consumption Based Allocations team and partner business lines to deliver meaningful insights, allocation transparency and justification, and to collect and share variance commentaries.
    • Participate in firmwide allocation forums and change management initiatives, and collaborate on transformation efforts to drive process improvements and innovation.
    • Maintain strong understanding of financial flows, systems, and data dependencies identify and manage risks (data quality, availability, assumptions, control gaps) ensure compliance with internal controls and finance governance standards drive continuous improvement through simplification, standardization, automation and communicate progress, issues, and outcomes in a timely, concise, structured manner.

    Required qualifications, capabilities, and skills

    • Minimum 5 years of relevant experience in finance, controlling, expense management, or financial planning and analysis.
    • Understanding of allocation drivers, methodologies, and governance, with the ability to operate hands-on in end-to-end allocation processing and analysis.
    • Strong analytical capability to analyze complex datasets, reconcile variances, and identify root causes.
    • Strong communication skills, with confidence explaining technical and finance topics to stakeholders.
    • Strong stakeholder management skills, with comfort working with senior, international, and cross-functional teams.
    • Structured and detail-oriented approach, ensuring accuracy, compliance, and consistency in outputs.
    • Continuous improvement mindset, proactively identifying efficiencies and better ways of working.
    • Solid foundation in finance and accounting and end-to-end financial flows, with demonstrated expertise in expense management and reporting.
    • Proficiency in Microsoft Excel.
    • Strong data management, reconciliation, and quality control skills.
    • Experience working in global, matrixed, or multinational organizations, with ability to operate at both strategic and hands-on execution levels.

    Preferred qualifications, capabilities, and skills)

    • Working knowledge (preferred) of tools such as Alteryx, Anaplan, ThoughtSpot, SQL, and Data Bricks.
    • Keen to learn and explore DBx and artificial intelligence solutions.
    • Exposure to financial planning and analysis for forward-looking analysis and controller support.
    • Background in finance, technology, shared services, or complex corporate environments.

    Sourced from foundit

    Skills

    anaplanalteryxthoughtspotApptioDatabricksSQLexcel

    About JPMorgan Chase & Co.

    JP Morgan Chase logo

    JP Morgan Chase

    Financial Services

    55k+

    employees

    1968

    58 years old

    Mumbai, Maharashtra

    United States

    ₹21.9L PA avg

    Avg at JPMorgan Chase & Co.

    About

    J.P Morgan is a global leader in financial services offering solutions to the world's most important corporations, governments and institutions.

    Industries

    Financial Services

    Employee ratings

    10 reviews

    3.9/ 5

    Culture

    2.6

    Career growth

    1.8

    Work-life

    3.0

    Employees rate it well for

    Job Security39Overall Company39

    Find them on

    WebsiteLinkedInAmbitionBox reviews

    See all 554 Finance jobs in BangaloreFinance jobs in IndiaJobs in Bangalore

    Career guides

    • What happened to Sonara? The shutdown, the relaunch, and 7 alternatives
    • Tailor your resume to a job description with AI: a 4-step method
    • Tal vs myjobb vs Naukri: which is best for your job search in India?

    All career guidesAll articlesBrowse companies hiring

    Associate - Financial Analysis, Expense Allocation · waiting for your command