Alternative Fund Services - Fund Accounting - Vice President

JPMorganChase; Toronto; On-site; CAD 150,000 - 210,000; Full time

Job summary

JPMorganChase is seeking a Vice President in Alternative Fund Services in Toronto to lead a Fund Accounting team and drive operational excellence for hedge and private equity funds. You will oversee client reporting, NAV, and complex fee calculations, while guiding strategic initiatives and onboarding new clients.

The role requires a strong accounting background, 10+ years in fund environments, and a proven leadership track record.

Qualifications

• 10+ years of accounting experience
• Deep knowledge of hedge/private equity fund environments
• Innovative and analytical mindset with strong communication
• Strategic thinker with proven track record
• Strong team player capable of driving projects to completion
• Exceptional client service orientation with demanding client relationships

Responsibilities

• Manage a Fund Accounting team, ensuring client deadlines are met and work is executed in accordance with internal controls
• Interpret fund agreements to determine impact on fund set-ups, financial reporting, and NAV reporting
• Maintain knowledge of client base and industry standards to serve and communicate with clients effectively
• Serve as senior client escalation, proactively resolving issues and communicating solutions
• Lead and support training initiatives, manage team capacity, budgets, and cross-training plans
• Drive special projects, new client/fund onboarding, and internal investment initiatives
• Prepare and review fund, share class, and investor allocations, including management and performance fee calculations
• Prepare and review Net Asset Value files and daily profit & loss statements
• Streamline operational processes to reduce risk and improve efficiency

Skills

Fund accounting

Hedge funds

Private equity

Leadership

Education

Bachelor's degree

CA/CPA preferred

Tools

Investran

Job description

Job Description

Join J.P. Morgan's Corporate & Investment Bank, where your expertise will shape the future of alternative asset administration. Be part of a team that manages over $950 billion in assets and delivers innovative solutions to top-tier clients across all alternative asset classes. As a Vice President in Alternative Fund Services, you will drive operational excellence, lead a talented Fund Accounting team, and deliver best-in-class service to a diverse client base. You'll have the opportunity to streamline processes, lead strategic initiatives, and make a direct impact on the success of our clients and the growth of our business.

Job Responsibilities

• Manage a Fund Accounting team, ensuring client deadlines are met and work is executed in accordance with internal controls
• Interpret fund agreements to determine impact on fund set-ups, financial reporting, and NAV reporting
• Maintain thorough knowledge of client base and industry standards to serve and communicate with clients effectively
• Serve as senior client escalation, proactively resolving issues and communicating solutions
• Lead and support training initiatives, manage team capacity, budgets, and cross-training plans
• Drive special projects, new client/fund onboarding, and internal investment initiatives
• Prepare and review fund, share class, and investor allocations, including management and performance fee calculations
• Prepare and review Net Asset Value files and daily profit & loss statements
• Streamline operational processes to reduce risk and improve efficiency

Required Qualifications, Capabilities, And Skills

• 10+ years of accounting experience
• Deep knowledge of hedge/private equity fund environments, including investor allocations, share classes, and complex investment/securities processing
• Bachelor's degree
• Innovative and analytical mindset with excellent verbal and written communication skills
• Strategic thinker with a proven track record
• Strong team player with the ability to drive projects to completion independently
• Exceptional client service orientation and ability to manage demanding client relationships

Preferred Qualifications, Capabilities, And Skills

• Professional accounting qualification (CA, CPA)
• Bachelor's degree in Accounting, Economics, or Finance
• Experience in Public Big 4 and partnership or hedge/private equity fund accounting
• Experience with Investran or similar integrated Private Equity systems

Familiarity with private equity concepts such as waterfall calculations, capital call/distribution processing, and PE investment structures

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.