Assistant Administrator - Fund Administration

JTC Group; Boston (KY); Hybrid; USD 50,000 - 55,000; Full time

Job summary

JTC Group in the United States is seeking a Fund Accountant to support day-to-day accounting and reporting for private equity and real estate funds within our Fund Services team.

Hybrid work arrangement with responsibilities across investor services and fund accounting, including cash activity, general ledger, investor notices, and audits; requires attention to detail and strong MS Excel.

Qualifications

• College degree in accounting, finance, or economics; preferred but not essential.
• Proficiency in MS Office with strong Excel expertise.
• Strong organizational, communication, and analytical abilities.

Responsibilities

• Serve as primary contact for clients for information requests and account maintenance.
• Process and report investor transactions including subscriptions and redemptions.
• Review AML/KYC of investors and liaise with treasury for cash activity.
• Handle day-to-day accounting and reporting for private equity and real estate funds.
• Prepare investor capital calls and distribution notices; assist year-end audits.
• Maintain client files and support ad-hoc queries from clients.

Skills

MS Office

Excel

Attention to detail

Analytical skills

Communication skills

Organizational skills

Education

College degree in accounting, finance, or economics

Tools

MS Excel

Job description

PURPOSE OF JOB

This position will service a growing book of business for our Fund Administration team by providing day-to-day accounting and reporting activities for private equity and real estate funds.

EMPLOYMENT TYPE

Permanent

DEPARTMENT

Fund Services

DIVISION

Institutional Client Services

WORKPLACE STRUCTURE

Hybrid

ROLE OVERVIEW

This position will service a growing book of business for our Fund Administration team by providing day-to-day accounting and reporting activities for private equity and real estate funds.

Main Responsibilities And Duties

INVESTOR SERVICES

• Serve as primary point of contact for clients to handle information requests, account maintenance, website use and deliver quality services to ensure client satisfaction.
• Processing and reporting investor transactions including subscriptions, redemptions and transfers and the associated money movement.
• Reviewing due diligence documents for fund investors.
• Liaise with management in reviewing AML/KYC of Investors.
• Liaise with Treasury in confirming cash activity and preparing confirmations for investor delivery.
• Daily interaction with clients and internal groups via email, telephone, and live chat.
• Provide reliable problem/issue resolution services to clients.

FUND ACCOUNTING

• Responsible for the day-to-day accounting and reporting for private equity and real estate funds.
• Processes general ledger activity for investor-level, fund-level, and investment-level transactions.
• Handles daily cash activity, wire transfers and bank reconciliations.
• Maintain electronic and hard copy client files on a daily basis and archiving as necessary.
• Prepares investor capital call and distribution notices.
• Assists external auditors during year-end audits.
• Interacts with clients on day-to-day matters as well as on ad-hoc queries.
• Adhere to JTC core values and expected behaviours.

Salary

The expected salary range for this position is $50,000 – $55,000 per year, based on experience and qualifications.

Essential Requirements

• College degree (accounting business, mathematics, finance or economics degree preferred but not essential).
• Proficiency in MS Office. Strong Excel expertise.
• Strong organizational and communication skills.
• Attention to detail, problem solving and analytical skills.
• Private equity experience or fund administration a plus.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusive organisation where all individuals feel welcome and feel able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive.