VP, Alternative Fund Services - Fund Accounting & NAV

JPMorganChase; Boston (MA); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Health care coverage

On-site wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Job summary

JPMorganChase is seeking a senior Fund Accounting leader for its Alternative Fund Services (AFS) group. You will manage a team responsible for fund and investor allocations, NAV reporting, and complex fee calculations for hedge and private equity funds.

The role requires a decade of accounting experience within funds, strong communication, and the ability to drive process improvements. You will collaborate with cross-functional teams and support onboarding of new clients in a fast-paced

Qualifications

• Minimum 10 years of accounting experience, preferably including Public Big 4 and partnership or hedge/private equity fund accounting.
• Thorough knowledge of hedge/PE fund environments including accounting for investor allocations, share classes, and complex investment/securities processing.
• Bachelor's degree in Accounting, Economics or Finance preferred.
• Must be innovative and analytical, with excellent verbal and written communication skills.

Responsibilities

• Manage a Fund Accounting team and ensure client deadlines are met and work executed in accordance with internal controls.
• Prepare/Review of fund, share class, and investor allocations including calculations of management and performance fees/carry.
• Prepare/Review Net Asset Value Files & Daily Profit & Loss.
• Interpret fund agreements to determine impact on fund set-ups, financial reporting requirements and NAV reporting.
• Maintain thorough knowledge of client base and industry standards to serve and communicate with clients effectively.
• Serve as senior client escalation; anticipate and proactively communicate resolution of issues to clients.
• Assist with/lead training initiatives; manage team capacity, budgets and cross training plans.
• Lead and work on special projects, new client/fund onboardings & internal investment initiatives.
• Streamline operational processes to reduce risk and improve efficiency.

Skills

Communication

Strategic thinking

Teamwork

Client service

Education

Bachelor's degree in Accounting, Economics or Finance

CA/CPA certification (preferred)

Tools

Investran or similar Private Equity system

Job description

JPMorganChase is seeking a senior Fund Accounting leader for its Alternative Fund Services (AFS) group. You will manage a team responsible for fund and investor allocations, NAV reporting, and complex fee calculations for hedge and private equity funds.

The role requires a decade of accounting experience within funds, strong communication, and the ability to drive process improvements. You will collaborate with cross-functional teams and support onboarding of new clients in a fast-paced