Job Description

Description

n

Job Summary
n Support coverage of a defined Technology, Media & Telecommunications (TMT) universe in the Australian market. Partner with senior analysts and team members to produce accurate, timely, compliant research through strong accounting-driven financial analysis, forecasting support, valuation maintenance, and high-quality written output

n

Key Responsibilities

n

n
- Maintain and update three-statement financial models; ensure outputs tie-out and assumptions are clear, consistent, and documented.
n
- Perform earnings and filings analysis with an accounting lens (P&L;, balance sheet, cash flow, working capital, capex, leases, SBC, adjustments) and translate results into forecast/estimate updates for senior review.
n
- Maintain valuation and comps (e.g., EV/Sales, EV/EBITDA, P/E; DCF/SOTP support where applicable) and run sensitivities/scenarios on key drivers.
n
- Track and analyze TMT KPIs and unit economics (e.g., ARR/NRR, churn, ARPU, subscriber net adds, take rates, utilization/PUE, capex intensity) and highlight inflections, risks, and data quality issues.
n
- Contribute to research publications (earnings previews/recaps, company updates, thematic work, initiation support) including drafting sections, exhibits, and tables under tight deadlines.
n
- Monitor newsflow, corporate actions, and regulatory/spectrum developments; summarize implications and recommended actions for thesis/estimates.
n
- Support internal and external stakeholders (Sales & Trading, Corporate Access, institutional clients)



by preparing materials and responding to analytical requests with appropriate supervision.
n
- Uphold model governance and QA controls (versioning, change logs, checks) to ensure accuracy, auditability, and consistency across the coverage set.
n

n

Required Qualifications, Capabilities, and Skills

n

n
- Experience in equity research or a comparable analytical role (audit/accounting, transaction services, valuation, corporate finance, FP&A;).
n
- Robust accounting and disclosure interpretation skills across financial statements and cash flow, including topics common in TMT (revenue recognition/subscriptions, deferred revenue/RPO, capitalization of software/R&D;, leases, SBC).#
n
- Strong financial modeling skills (three-statement, forecasting, sensitivities/scenarios) and high attention to detail.
n
- Clear written and verbal communication; ability to translate analysis into investment-relevant outputs.
n
- Strong execution and prioritization in deadline-driven cycles (earnings/AGM/reporting season).
n
- High integrity and strong understanding of research compliance and market conduct expectations.
n

n

Preferred Qualifications, Capabilities, and Skills

n

n
- CA/CPA (or progress toward) and/or CFA (or progress toward).
n
- Prior exposure to TMT sub-sectors and related KPI frameworks (SaaS, telecom, data centres).
n
- Familiarity with market data and research platforms (generic).
n
- Knowledge of ASX disclosure cadence and key Australian TMT constituents; awareness of global peers for relative valuation context.
n

n
n

📌 Analyst/Associate -- Equity Research (TMT), Australia (New South Wales)
🏢 Jpmorganchase
📍 New South Wales