Private Equity Fund Administration - Associate

JPMorganChase; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading financial services company in Toronto is seeking an Associate for Private Equity Fund Administration. The ideal candidate will manage records and report for Private Equity funds, requiring strong analytical skills and at least three years of accounting experience, preferably from a major firm. Proficiency in MS Excel is essential. This role offers opportunities for professional growth within a dynamic team.

Qualifications

• A minimum of 3 years of 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.
• Ability to work under pressure and manage multiple priorities.

Responsibilities

• Set up and maintain books and records of Private Equity funds.
• Prepare and review periodic Net Asset Valuations and financial reports.
• Manage the release of capital notices and quarterly reporting on investor portals.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Interpersonal skills

Communication skills

Client service skills

Proficiency in Microsoft Office

Education

Bachelor’s Degree in Accounting, Finance, or related field

Tools

MS Excel

Investran or similar Private Equity systems

Job description

Private Equity Fund Administration - Associate

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Job Description

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. Launched in November 2005, our AFS business has over 950 dedicated professionals with offices worldwide, providing administration services to more than 150 clients across all alternative asset classes.

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.

Job Responsibilities

1. Set up and maintain books and records of Private Equity funds, including GP vehicles, in accounting databases according to governing documents.
2. Prepare and review periodic Net Asset Valuations and financial reports, including financial statements, management fee and carried interest calculations, and investor allocations.
3. Prepare and review capital call and distribution calculations, investor notices, and reconcile call proceeds and payments.
4. Manage the release of capital notices and quarterly reporting on investor portals.
5. Collaborate with managers, teams, and internal stakeholders to manage client expectations and ensure adherence to SLA timelines for deliverables and requests.
6. Adhere to control frameworks, including internal policies and procedures.
7. Manage year-end processes and coordinate with external auditors and tax teams.

Required Qualifications, Capabilities, and Skills

• Bachelor’s Degree in Accounting, Finance, or related field.
• At least 3 years of 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.
• Strong analytical, problem-solving skills, and attention to detail.
• Ability to work under pressure and manage multiple priorities.
• Excellent interpersonal, communication, and client service skills, with the ability to see projects to completion.
• Proficiency in Microsoft Office, especially MS Excel.

Preferred Qualifications, Capabilities, and Skills

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

About Us

JPMorgan Chase, with over 200 years of history, offers innovative financial solutions worldwide. We value diversity and inclusion and are an equal opportunity employer.

About The Team

Our Commercial & Investment Bank provides strategic advice, capital raising, risk management, and liquidity solutions globally across more than 100 countries.

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