Private Equity Fund Administration - Associate

Testing Site - JPMC; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

J.P. Morgan’s Finance & Business Management team in Toronto is seeking an experienced accounting professional to join the Private Equity funds group.

You will manage books and records, prepare NAVs and reporting packs, and ensure accurate capital calls and distributions for investors. The role requires a Bachelor’s in Accounting or Finance, 3+ years of relevant experience, and strong US GAAP knowledge for investment funds.

Qualifications

• 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 familiarity with Private Equity fund structures

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

Skills

Analytical thinking

Attention to detail

Communication & client service

Team player

MS Excel

Education

Bachelor’s Degree in Accounting, Finance or related field

Tools

MS Excel

MS Office

Job description

J.P. Morgan’s Finance & Business Management organization is a firmwide function that partners with our businesses and corporate teams to drive financial discipline, transparency, and strategic insight. Our teams deliver end‑to‑end financial control, planning and analysis, forecasting, and management reporting that enable leaders to make informed decisions and maintain resiliency across market cycles. Operating across major global hubs and working closely with Technology, Operations, and Business partners, we build scalable processes, strong controls, and actionable analytics that support the firm’s growth and operational excellence

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.

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