Fund Accounting & Client Success Lead

Next Frontier Capital; Boston (MA); On-site; USD 102,000 - 132,000; Full time

Benefits offered by this job

Health care coverage

On-site health and wellness centers

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

Job summary

JPMorgan Chase & Co. in Boston hires a Fund Accountant to maintain books for hedge and private equity funds, prepare NAVs, fees, and carry calculations, and manage investor allocations with accurate capital accounts.

You will coordinate with Investor Relations, Risk, Audit, Tax, Compliance, and Operations to meet SLA timelines, review governing documents, and support new fund launches while driving process improvements and controls.

Qualifications

• Masters's degree in Finance, Business Administration, Accounting, or related field of study plus 2 years of experience in the job offered or as Customer Success, Fund Accountant, or related occupation.
• Bachelor's degree in Finance, Business Administration, Accounting, or related field of study plus 4 years of experience in the job offered or as Customer Success, Fund Accountant, or related occupation.

Responsibilities

• Maintain books and records for hedge and private equity funds.
• Prepare and review NAVs, management fees, carried interest and performance fee calculations.
• Prepare investor allocations and capital account statements.
• Prepare and review capital call and distribution calculations.
• Coordinate with Investor Relations on capital notices and reporting portal.
• Ensure adherence to SLA timelines for client deliverables and ad hoc requests.
• Liaise with Risk, Audit, Tax, Compliance, Implementation, and Investor Relations.
• Review fund governing documents and related agreements, ensuring correct set-up of fund structures and investments.
• Maintain operational KPIs and provide trend analysis and remediation actions.
• Support new fund launches and post-launch stabilization.
• Lead remediation of complex breaks and preventive controls.

Skills

Fund accounting

Excel

Waterfall calculations

Carried interest calculations

IRR calculations

Investor allocations

Bank loans accounting

Private credit investments

US GAAP for Investment Funds

Education

Master's degree in Finance/Business/Accounting

Bachelor's degree in Finance/Business/Accounting

Tools

Arcesium

Geneva

Mantra

Investran

Cascade

Job description

JPMorgan Chase & Co. in Boston hires a Fund Accountant to maintain books for hedge and private equity funds, prepare NAVs, fees, and carry calculations, and manage investor allocations with accurate capital accounts.

You will coordinate with Investor Relations, Risk, Audit, Tax, Compliance, and Operations to meet SLA timelines, review governing documents, and support new fund launches while driving process improvements and controls.