PrivateEquityFundAdministration-Associate

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

Job summary

An established industry player is seeking a detail-oriented accounting professional to manage Private Equity fund records and financial reporting. This role offers the chance to work closely with clients and internal teams, ensuring accurate reporting and adherence to timelines. You will leverage your analytical skills and accounting expertise to support a diverse range of clients in a dynamic environment. Join a team that values diversity and inclusion, where your contributions will have a meaningful impact on the success of the organization. If you are ready to take your career to the next level, this opportunity is for you.

Qualifications

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

Responsibilities

• Manage books and records of Private Equity funds in accounting database.
• Prepare and review financial reporting packs and valuations.
• Work 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

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.

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

About the Team:

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.