Job Description
Description
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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
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Key Responsibilities
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Maintain and update three-statement financial models; ensure outputs tie-out and assumptions are clear, consistent, and documented.
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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.
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Maintain valuation and comps (e.g., EV/Sales, EV/EBITDA, P/E; DCF/SOTP support where applicable) and run
sensitivities/scenarios
on key drivers.
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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.
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Contribute to research publications (earnings previews/recaps, company updates, thematic work, initiation support) including drafting sections, exhibits, and tables under tight deadlines.
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Monitor newsflow, corporate actions, and
regulatory/spectrum
developments; summarize implications and recommended actions for thesis/estimates.
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Support internal and external stakeholders (Sales & Trading, Corporate Access, institutional clients)



by preparing materials and responding to analytical requests with appropriate supervision.
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Uphold model governance and QA controls (versioning, change logs, checks) to ensure accuracy, auditability, and consistency across the coverage set.
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Required Qualifications, Capabilities, and Skills
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Experience in equity research or a comparable analytical role (audit/accounting, transaction services, valuation, corporate finance, FP&A;).
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Strong 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).#
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Strong financial modeling skills (three-statement, forecasting,
sensitivities/scenarios)
and high attention to detail.
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Clear written and verbal communication; ability to translate analysis into investment-relevant outputs.
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Solid execution and prioritization in deadline-driven cycles
(earnings/AGM/reporting
season).
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High integrity and strong understanding of research compliance and market conduct expectations.
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Preferred Qualifications, Capabilities, and Skills
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CA/CPA (or progress toward) and/or CFA (or progress toward).
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Prior exposure to TMT sub-sectors and related KPI frameworks (SaaS, telecom, data centres).
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Familiarity with market data and research platforms (generic).
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Knowledge of ASX disclosure cadence and key Australian TMT constituents; awareness of global peers for relative valuation context.
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📌 Analyst/Associate - Equity Research (Tmt), Australia (New South Wales)
🏢 Jpmorganchase
📍 New South Wales