Securities Services - Private Equity Fund Administration - Associate

Testing Site - JPMC; Tampa (FL); On-site; USD 110,000 - 150,000; Full time

Job summary

J.P. Morgan Alternative Fund Services is seeking a Private Equity Fund Admin Associate to support daily client deliverables, including NAV computations, financial statements, capital events, and carried interest calculations.

The role requires a professional accounting qualification (CA/CPA) with 4+ years' experience in private equity fund administration, strong US GAAP knowledge, and advanced Excel skills. You will coordinate with audit, tax, risk, and compliance teams to meet SLAs.

Qualifications

• CA or CPA with 4+ years in private equity fund administration.
• Knowledge of US GAAP for Investment Funds.
• Bachelor’s Degree in Accounting, Finance, or MBA.
• Ability to meet deadlines while balancing priorities.
• Strong attention to detail and a collaborative management style.
• Proficiency in MS Office and advanced MS Excel.

Responsibilities

• Support all aspects of client deliverables for Private Equity fund administration clients including timelines and issues.
• Stay abreast of industry standards and seek efficiency improvements.
• Liaise with risk/control, audit, compliance, implementation, investor relations, and operations.
• Ensure adherence to prescribed control framework and procedures.
• Assist in ad hoc client projects and internal initiatives.
• Collaborate with team and provide oversight on technical topics and client issues.
• Review fund governing documents, side letters, and agreements for reporting impact.

Skills

US GAAP knowledge

Private Equity fund experience

Accounting qualification (CA/CPA)

Financial analysis

Team collaboration

Education

Bachelor’s Degree in Accounting/Finance or MBA

Tools

MS Excel

MS Office

Investran

Job description

J.P. Morgan Alternative Fund Services（"AFS") is part of the Securities Services business group in the Corporate & Investment Bank and is one of the largest fund and portfolio administration businesses in the industry, administering over $950 billion in assets globally. The business was launched in November 2005 through the commercialization of the finance and technology teams supporting J.P. Morgan's various private equity and real estate entities. Our AFS business has over 950 dedicated professionals with offices in Dublin, London, Luxembourg, New York, New Jersey, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto, and Sydney. We provide administration services to more than 150 clients across all alternative asset classes.

Job Summary:

As a Private Equity Fund Admin Associate within our client administration team, you will support the management of daily client deliverables for Private Equity fund administration clients. Your responsibilities will include assisting with the upkeep of books and records, computation of Net Asset Valuations, preparation of financial statements, overseeing capital events, calculating management fees and carried interest, allocating investor capital and statements, releasing investor reports, and coordinating the year-end process with audit and tax teams. You will also assist in managing client expectations and deliverable timelines in line with SLAs, and ensuring prompt resolution of client issues and escalations. Your role will require a solid understanding of Private Equity fund structures, proficiency in accounting for complex transactions, and a comprehensive knowledge of fund governing documents.

Job Responsibilities:

• Support all aspects of client deliverables for Private Equity fund administration clients including client expectations and timelines as well as any issues and escalations.
• Stay abreast of industry standards and best practices while continuously seeking opportunities to enhance operational efficiency and mitigate operational risks.
• Liaise with support functions and internal stakeholders including risk and control groups, audit, compliance, implementation, investor relations, and operations.
• Ensure adherence to control framework including prescribed policies and procedures.
• Assist in ad hoc client projects and internal initiatives.
• Collaborate with team members and contribute to staff development while providing oversight and supervision on technical topics and client-related issues.
• Review fund governing documents, side letters, and agreements to determine impact on reporting deliverables and ensure adherence.

Required qualifications, capabilities, and skills:

• A professional accounting qualification (CA, CPA) combined with 4+ years of experience working with Private Equity funds in a fund administration or related capacity.
• Knowledge of US GAAP for Investment Funds and a thorough understanding of Private Equity fund structures.
• Bachelor’s Degree in Accounting, Finance, or MBA.
• Ability to work under pressure to meet tight deadlines and balance multiple priorities.
• Strong attention to detail and a collaborative management style.
• Team player with excellent problem-solving, communication, and client service skills as well as the ability to take ownership and manage projects.
• Proficiency in Microsoft Office product suite and advanced MS Excel skills.

Preferred qualifications, capabilities, and skills:

• Strong knowledge of Investran or similar integrated Private Equity system a plus.
• Investment fund audit experience with a Big 4 firm a plus.