Private Fund Services - Fund Accounting - Associate

JPMorgan Chase Bank; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

JPMorgan Chase Bank in Bengaluru is seeking a Team Leader for Alternative Fund Services within Private Fund Services and Fund Administration. You will oversee day-to-day accounting, reporting, and investor-related activities, guiding a small team toward timely, accurate outputs.

The ideal candidate has strong accounting background, excellent analytical skills, and attention to detail, with 2+ years in private equity or hedge fund accounting.

Qualifications

• Bachelor’s/Master’s in Accounting/ICWA/CA/MBA/CPA.
• Minimum 2 years of accounting experience in private equity or hedge funds.
• High proficiency in Excel and meticulous attention to detail.
• Strong communication and teamwork skills.
• Ability to guide and review team work to ensure timely delivery.
• Professional skepticism and client-service mindset.

Responsibilities

• Perform daily, monthly, quarterly and annual accounting functions; book and review journal entries into Accounting application; reconcile accounts.
• Prepare and review fund 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.
• Understand fund agreements for reporting impact.
• Review the work of team members and provide feedback for improvement to ensure timely delivery of quality output.
• Proactively anticipate, communicate and escalate issues to Manager in a timely manner.
• Work on special and ad hoc projects for internal initiatives and external clients.

Skills

Accounting knowledge

Financial reporting

Excel proficiency

Team leadership

Attention to detail

Communication skills

Education

Bachelor/Master in Accounting or equivalent

CA/CPA/ICWA/MBA

Tools

Investran

Job description

Job title

Team Leader - Alternative Fund Services - Private Fund Services - Fund Administration

Short description

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 a Team Leader 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.

You should be comfortable working with computers and have an aptitude for learning new software and systems quickly.

Job Responsibilities

• Perform daily, monthly, quarterly and annual accounting functions, Book and review journal entries into Accounting application, Reconcile accounts
• 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
• Understand fund agreements in order to determine impact on reporting
• Review the work of team members and provide feedback for improvement in order to ensure timely delivery of quality output
• Proactively anticipate, communicate and escalation issues to Manager in a timely manner
• Work on special and ad hoc projects for internal initiatives external clients

Required qualifications, capabilities and skills

• Bachelor s / Master s degree in Accounting / ICWA / CA / MBA / CPA
• Minimum of 2 years of accounting experience, in private equity or hedge fund accounting
• High level of proficiency in Excel
• 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)