Assistant Administrator - Fund Administration

JTC Group; St. Louis (MO); Hybrid; USD 50,000 - 55,000; Full time

Job summary

JTC Group in St. Louis, MO seeks a Fund Services Accounting Specialist to support private equity and real estate funds with day-to-day accounting and reporting.

You will handle investor services, fund accounting activities, cash management, and liaise with clients, treasury, and auditors in a hybrid work environment, requiring strong Excel skills and meticulous attention to detail. This permanent role offers growth within Institutional Client Services.

Qualifications

• College degree in accounting, finance or related field is preferred but not essential.
• Proficiency in MS Office with strong Excel skills.
• Strong organizational and communication skills.
• Attention to detail, problem solving and analytical abilities.
• Private equity experience or fund administration is a plus.

Responsibilities

• Serve as primary point of contact for clients to handle information requests and account maintenance.
• Process and report investor transactions including subscriptions, redemptions and transfers.
• Review due diligence documents for fund investors.
• Liaise with management in reviewing AML/KYC of investors.
• Coordinate cash activity and prepare confirmations for investor delivery.
• Daily interaction with clients and internal teams via email, phone, and live chat.
• Support day-to-day accounting and reporting for private equity and real estate funds.

Skills

Communication skills

Attention to detail

Analytical skills

Education

College degree in accounting/finance or related field

Tools

MS Office

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.