Private Equity Fund Administration - Vice President

J.P. Morgan; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading financial services firm located in Toronto is looking for a Vice President in Alternative Fund Services. The role involves managing client interactions, preparing valuations, and ensuring compliance with internal policies. The ideal candidate will have a relevant bachelor's degree and 3+ years of accounting experience, with knowledge of US GAAP and Private Equity structures. Excellent communication and teamwork skills are essential for success in this dynamic environment.

Qualifications

• 3+ years’ experience in an accounting role.
• Knowledge of US GAAP for Investment Funds.
• Professional accounting qualification (CA, CPA) a plus.

Responsibilities

• Set-up/maintain books and records of Private Equity funds.
• Prepare and review periodic Net Asset Valuations.
• Manage the year-end process and handle requests from auditors.

Skills

Analytical thinker

Attention to detail

Client service skills

Education

Bachelor’s Degree in Accounting, Finance or related field

Tools

Investran or similar integrated Private Equity system

Microsoft Office

Job description

Overview

J.P. Morgan Alternative Fund Services (“AFS”) is part of the Securities Services business group in theCorporate & 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.

As the Vice President in the Alternative Fund Services team, you will engage in daily client interactions, managing expectations and balancing multiple priorities. You will work collaboratively to deliver accurate and timely reporting to clients and investors, providing a dynamic opportunity to enhance your skills in a team-oriented environment.

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
• Knowledge of US GAAP for Investment Funds and familiar with Private Equity fund structures
• Analytical thinker and problem solver with attention to detail
• 3+ years’ experience in an accounting role
• 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
• Experience preferably at a Big 4, PE firm or fund administrator