Associate - Fund Accounting and Private Fund Services

JP Morgan Services India Pvt Ltd; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

JP Morgan Services India Pvt Ltd in Bengaluru seeks an Associate for Alternative Fund Services. The role administers private equity funds and other alternative investment vehicles, including financial statement prep, investor reporting, and fund-level accounting tasks with a focus on accuracy and efficiency.

The candidate will manage journal entries, coordinate with stakeholders, and support audit activities while driving process improvements in a fast-paced environment.

Qualifications

• Bachelor’s or Master’s degree in Accounting or related field.
• Minimum 4 years accounting experience, preferably private equity or hedge fund accounting.
• Proficiency in Microsoft Office Suite and accounting software.
• Ability to work under pressure and meet strict deadlines.
• Attention to detail with strong analytical and communication skills.
• Team player with client service orientation and professional skepticism.

Responsibilities

• Provide directions and review journal entries booked into Investran.
• Prepare and review fund level financial statements including balance sheet, income statement, and cash flows.
• Prepare and review investor capital calls and distributions notices.
• Understand fund agreements to determine reporting impact.
• Proactively identify and communicate issues to management.
• Lead special and ad hoc projects for internal and external clients.
• Support audit process and improve processes for efficiencies.

Skills

Accounting experience

MS Office

Analytical thinking

Communication skills

Attention to detail

Team player

Client service

Skepticism

Education

Accounting degree or professional qualification

Tools

Investran

Job description

Associate – Alternative Fund Services - Private Fund Services

Bangalore

Join a team of passionate and dedicated professionals in Alternative Fund Administration industry working for one of the world's most innovative banks. Posting description The ideal candidate for this role should have a strong background in accounting, excellent analytical and problem-solving skills, and an eye for detail. As an Associate in our Private Equity and Real Estate Services Fund Administration team, you will be responsible for administering private equity funds and other alternative investment vehicles, including preparing & reviewing financial statements and reports and providing support for investor relations activities. You will be responsible for bookkeeping, reconciliation, calculating fees, preparing financial statements and investor reports, and process improvements. Additionally, you will be expected to assign work, perform detailed reviews, provide guidance and training, coordinate with various stakeholders and support audit process. If you think you have what it takes to join our team,

Job Responsibilities

• Provide directions and review journal entries booked into Investran
• Prepare and review fund level financial statements including the consolidated balance sheet, income statement, statement of partners' capital, schedule of investments, footnotes to financial statements and cash flows
• Prepare and review investor capital calls, distributions notices
• Comprehend fund agreements in order to determine impact on reporting
• Proactively anticipate, communicate and elevate issues to Manager in a timely manner
• Participate & Lead special and ad hoc projects for internal initiatives & external clients
• Support audit process
• Monitor and evaluate current processes and technology, and work with management to improve and gain efficiencies

Required qualifications, capabilities and skills

• Bachelor’s / Master’s degree in Accounting / ICWA / CA / MBA / CPA
• Minimum 4 years of accounting experience, preferably private equity or hedge fund accounting
• High level of proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, etc.) and accounting software
• Ability to function in high- pressure situations and meet strict deadlines consistently
• Attention to detail, Innovative and analytical thinking with excellent verbal and written communication skills
• Team player instincts with the ability to see a project to conclusion with little follow-up
• Superb sense of client service with ability to appropriately exercise professional skepticism and judgment

Preferred qualifications, capabilities and skills

• Familiarity with various private equity legal and investment structures
• Familiarity with various waterfall models
• Experience using partnership accounting applications (e.g. Investran)

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.

Experience Level Mid Level