Alternative Fund Services - Fund Accounting - Associate

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, Boston, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto and Sydney. We provide administration services to more than 150 clients across all alternative asset classes.
Job Responsibilities:
Maintain the books and records of Hedge/Hybrid and Private Equity funds
Review fund governing documents and other related agreements, and ensure correct set-up and maintenance of fund structures and investments in accounting database
Prepare and/or review periodic Net Asset Valuations, management fee and carried interest/performance fee calculations, investor allocations and capital account statements in adherence with the control framework, including internal policies and procedures
Prepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
Coordinate with Investor Relations, release of capital notices and quarterly reporting on investor reporting portal
Work closely with manager, team and support functions to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requests
Liaise with support functions, internal & external stakeholders including risk and control groups, audit, tax, compliance, implementation and investor relations
Required qualifications, capabilities, and skills
Bachelor’s Degree in Accounting, Finance or related field
3+ years’ experience in an accounting role, preferably at a Big 4, PE firm or fund administrator
Knowledge of US Generally Accepted Accounting Principles for Investment Funds
Familiar with Private Equity & Hedge fund structures
Analytical thinker and problem solver with attention to detail, ability to work under pressure and balance multiple priorities
Team player with strong organizational, excellent interpersonal, communication and client service skills with ability to see projects to completion
Proficiency in Microsoft Office product suite and strong MS Excel skills
Preferred qualifications, capabilities, and skills
Professional accounting qualification (CA, CPA) a plus
Experience with Investran or similar integrated Private Equity system a plus