Private Equity Fund Administration - Analyst

JPMorgan Chase & Co.; Toronto; On-site; CAD 60,000 - 95,000; Full time

Job summary

An established industry player is seeking a detail-oriented professional to join their team in managing client deliverables for Private Equity fund administration. This role involves maintaining accurate financial records, preparing valuations, and ensuring timely reporting to clients. The ideal candidate will possess strong analytical skills and a solid understanding of accounting principles, particularly in relation to Private Equity. Join a dynamic team where your contributions will directly impact client satisfaction and operational excellence in a fast-paced environment.

Qualifications

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

Responsibilities

• Set up and maintain the books and records of Private Equity funds.
• Prepare and review periodic Net Asset Valuations and financial reporting packs.
• Work closely with managers and internal stakeholders to manage client expectations.

Skills

Accounting

Finance

Analytical Thinking

Problem Solving

Communication Skills

Client Service

Microsoft Excel

Education

Bachelor’s Degree in Accounting

Bachelor’s Degree in Finance

Tools

Investran

Microsoft Office

Job description

Join the team that is driving talent attraction for one of the world’s most innovative banks. Your primary responsibility is to review and manage client deliverables for our Private Equity fund administration clients. You will be involved in daily client interactions, managing expectations, balancing multiple priorities, and working 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 in investment banking, wholesale payments, markets, and securities services. The world’s most important corporations, governments, and institutions entrust us with their business in over 100 countries. With $29 trillion of assets under custody and $650 billion in deposits, the bank provides strategic advice, raises capital, manages risk, and extends liquidity worldwide.

J.P. Morgan Alternative Fund Services (“AFS”) is part of the Securities Services business group within the Corporate & Investment Bank and is one of the largest fund and portfolio administration businesses in the industry, managing over $950 billion in assets globally. Launched in November 2005, AFS was created through the commercialization of finance and technology teams supporting J.P. Morgan's private equity and real estate entities. Our AFS team comprises over 950 professionals across 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

1. Set up and maintain the books and records of Private Equity funds, including GP vehicles where applicable, in the accounting database according to the terms and conditions of governing documents.
2. Prepare and review periodic Net Asset Valuations and financial reporting packs, including financial statements, management fee and carried interest calculations, and investor allocations and capital account statements.
3. Prepare and review capital call and distribution calculations, investor notices, and reconcile call proceeds and distribution payments.
4. Manage the release of capital notices and quarterly reporting on the investor reporting portal.
5. Work closely with managers, team members, and internal stakeholders to manage client expectations and ensure adherence to SLA timelines for deliverables and ad hoc requests.
6. Adhere to control frameworks, including internal policies and procedures.
7. Manage year-end processes and handle requests from external auditors and tax teams.

Required Qualifications, Capabilities, and Skills

1. Bachelor’s Degree in Accounting, Finance, or a related field.
2. 3+ years of experience in an accounting role, preferably at a Big 4, PE firm, or fund administrator.
3. Knowledge of US GAAP for Investment Funds and familiarity with Private Equity fund structures.
4. Analytical thinker and problem solver with attention to detail.
5. Ability to work under pressure and manage multiple priorities.
6. Team player with excellent interpersonal, communication, and client service skills, with the ability to see projects through to completion.
7. Proficiency in Microsoft Office, especially MS Excel.

Preferred Qualifications, Capabilities, and Skills

1. Professional accounting qualification (CA, CPA) is a plus.
2. Experience with Investran or similar integrated Private Equity systems is a plus.