Private Equity Fund Administration - Analyst

J.P. Morgan; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a dynamic team at a leading financial institution, where you'll be at the forefront of Private Equity fund administration. This role offers the opportunity to manage client deliverables, prepare financial reports, and interact with clients to ensure their expectations are met. With a focus on analytical thinking and problem-solving, you'll thrive in a fast-paced environment while collaborating with a dedicated team. If you're passionate about finance and eager to contribute to a global leader in financial services, this is the perfect opportunity for you.

Qualifications

• 3+ years’ experience in an accounting role, preferably at a Big 4 or PE firm.
• Knowledge of US GAAP for Investment Funds and Private Equity fund structures.

Responsibilities

• Manage client deliverables for Private Equity fund administration.
• Prepare and review financial reporting packs and Net Asset Valuations.
• Work closely with team to manage client expectations and adhere to SLAs.

Skills

Analytical thinking

Problem solving

Attention to detail

Interpersonal skills

Communication skills

Client service skills

Ability to work under pressure

Education

Bachelor’s Degree in Accounting

Bachelor’s Degree in Finance

Tools

Microsoft Office

MS Excel

Investran

Job description

Private Equity Fund Administration - Analyst

Pay Competitive

Employment type Full-Time

Job Description

Req#: 210589040

Join the team that is driving the talent attraction for one of the world’s most innovative banks. Your principle responsibility is to review and manage client deliverables for our Private Equity fund administration clients. You will be involved in daily client interactions where you will manage expectations, balance multiple priorities and work in a team setting to deliver accurate and timely reporting to clients and investors.

Posting Description

J.P. Morgan’s Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $29 trillion of assets under custody and $650 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extend liquidity in markets around the world.

J.P. Morgan Alternative Fund Services (“AFS”) is part of the Securities Services business group in the Corporate & Investment Bank and is one of the largest fund and portfolio administration businesses in the industry, administering over $950 billion in assets globally. The business was launched in November 2005 through the commercialization of the finance and technology teams supporting J.P. Morgan's various private equity and real estate entities. Our AFS business has over 950 dedicated professionals with offices in Dublin, London, Luxembourg, New York, New Jersey, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto and Sydney. We provide administration services to more than 150 clients across all alternative asset classes.

Job Responsibilities:

• Set-up/maintain the books and records of Private Equity funds, including GP vehicles where applicable, in accounting database in line with terms and conditions of governing documents
• Prepare and/or review periodic Net Asset Valuations and financial reporting packs consisting of financial statements, management fee and carried interest calculations, and investor allocations and capital account statements
• Prepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
• Manage release of capital notices and quarterly reporting on investor reporting portal
• Work closely with manager, team and internal stakeholders to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requests
• Adhere to control framework including internal policies and procedures
• Manage year-end process and handle requests from external auditors and tax teams

Required qualifications, capabilities, and skills

• Bachelor’s Degree in Accounting, Finance or related field
• 3+ years’ experience in an accounting role, preferably at a Big 4, PE firm or fund administrator
• Knowledge of US GAAP for Investment Funds and familiar with Private Equity fund structures
• Analytical thinker and problem solver with attention to detail
• Ability to work under pressure and balance multiple priorities
• Team Player with excellent interpersonal, communication and client service skills as well as the ability to see projects to completion
• Proficiency in Microsoft Office product suite and strong MS Excel skills

Preferred qualifications, capabilities, and skills

• Professional accounting qualification (CA, CPA) a plus
• Experience with Investran or similar integrated Private Equity system a plus

About the company

J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients' interests first.