PE- Fund Administration - VP

JPMorganChase; Toronto; On-site; CAD 140,000 - 190,000; Full time

Job summary

JPMorganChase in Toronto, Canada is seeking a senior PE fund accountant to manage day-to-day client deliverables including books, NAVs, financial statements, capital events, and investor reporting. You will drive SLAs, coordinate with audit and tax teams, and ensure timely issue resolution in a fast-paced private equity environment.

The role requires a CA/CPA, 8+ years in PE fund administration, strong US GAAP knowledge, and excellent leadership and client service skills.

Qualifications

• CA/CPA or equivalent accounting qualification.
• 8+ years of Private Equity fund experience in fund administration or related capacity.
• Strong knowledge of US GAAP for Investment Funds.
• Bachelor’s Degree in Accounting, Finance or MBA.

Responsibilities

• Manage all day-to-day client deliverables for PE fund administration including books, valuations, financials, capital events and investor reporting.
• Ensure deliverables align with SLAs and resolve client issues and escalations.
• Oversee year-end processes with audit and tax teams and maintain control environment.
• Liaise with risk, compliance, and operations; mentor staff on technical topics.

Skills

US GAAP for investment funds

Accounting qualification (CA/CPA)

Leadership

Communication

Problem solving

Excel proficiency

Ability to work under pressure

Team player

Education

Bachelor's Degree in Accounting, Finance or MBA

Tools

MS Office

MS Excel

Job description

Job Description

You will be responsible for managing all aspects of day-to-day client deliverables for Private Equity fund administration clients. This includes the maintenance of books and records, Net Asset Valuations, financial statements, capital events, management fee and carried interest calculations, investor allocations and capital statements, release of investor reporting, and managing year-end process with audit and tax teams. You will also manage client expectations and deliverable timelines in accordance with SLAs and ensure timely resolution of client issues and escalations. You are required to demonstrate deep knowledge of Private Equity fund structures, proficiency in accounting for complex transactions and a comprehensive understanding of fund governing documents.

Job Description

You will be responsible for managing all aspects of day-to-day client deliverables for Private Equity fund administration clients. This includes the maintenance of books and records, Net Asset Valuations, financial statements, capital events, management fee and carried interest calculations, investor allocations and capital statements, release of investor reporting, and managing year-end process with audit and tax teams. You will also manage client expectations and deliverable timelines in accordance with SLAs and ensure timely resolution of client issues and escalations. You are required to demonstrate deep knowledge of Private Equity fund structures, proficiency in accounting for complex transactions and a comprehensive understanding of fund governing documents.

Job Responsibilities

• Manage all aspects of client deliverables for Private Equity fund administration clients including client expectations and timelines as well as any issues and escalations
• Stay abreast industry standards and best practices while continuously seeking opportunities to enhance operational efficiency and mitigate operational risks
• Liaise with support functions and internal stakeholders including risk and control groups, audit, compliance, implementation, investor relations and operations
• Ensure adherence to control framework including prescribed policies and procedures
• Lead and work on ad hoc client projects and internal initiatives
• Mentor and develop staff resources while providing oversight and supervision on technical topics and client-related issues
• Review fund governing documents, side letters and agreements to determine impact on reporting deliverables and ensure adherence

Required Qualifications, Capabilities And Skills

• A professional accounting qualification (CA, CPA) combined with 8+ years of experience working with Private Equity funds in an fund administration or related capacity
• Knowledge of US GAAP for Investment Funds and a thorough understanding of Private Equity fund structures
• Bachelor's Degree in Accounting, Finance or MBA
• Ability to work under pressure to meet tight deadlines and balance multiple priorities
• Strong leadership skills with attention to detail and a hands-on management style
• Team player with excellent problem solving, communication and client service skills as well as the ability to take ownership and manage projects
• Proficiency in Microsoft Office product suite and advance MS Excel skills

Preferred Qualifications, Capabilities, And Skills

• Strong knowledge of Investran or similar integrated Private Equity system a plus
• Investment fund audit experience with a Big 4 firm a plus

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.