As an Alternative Fund Services - Fund Accounting - Associate within Alternative Fund Services, you will maintain books and records for Hedge/Hybrid and Private Equity funds and ensure accurate fund set-up and ongoing maintenance in the accounting database in line with governing documents.
You will deliver NAVs, fee calculations, capital activity, and investor reporting to SLA timelines while partnering with Investor Relations and internal/external stakeholders within the control framework.
- You will maintain the books and records of Hedge/Hybrid and Private Equity funds.
- You will review fund governing documents and related agreements and ensure correct set-up and maintenance of fund structures and investments in the accounting database.
- You will prepare and/or review periodic NAVs, 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).
- You will prepare and/or review capital call and distribution calculations (including investor notices) and reconcile call proceeds and distribution payments.
- You will coordinate with Investor Relations to release capital notices and deliver quarterly reporting via the investor reporting portal.
- You will manage client expectations and SLA timelines across deliverables and ad hoc requests by partnering with your manager, team, and support functions, and you will liaise with internal/external stakeholders (including risk and control groups, audit, tax, compliance, implementation, and investor relations).
- Bachelor’s Degree in Accounting, Finance, or a 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 and you are familiar with Private Equity & Hedge fund structures.
- Analytical problem solver with strong attention to detail and the ability to work under pressure and balance multiple priorities.
- Team player with strong organizational, interpersonal, communication, and client service skills, and you can see projects through to completion.
- Proficient in Microsoft Office with strong MS Excel skills; a professional accounting qualification (CA, CPA) and experience with Investran (or similar) are a plus.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
Skills Required
- Bachelor's Degree in Accounting, Finance, or a 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
- Familiarity with Private Equity and Hedge fund structures
- Strong MS Excel skills and proficiency in Microsoft Office
- Analytical problem solving, attention to detail, ability to work under pressure and handle multiple priorities
- Professional accounting qualification (CA, CPA)
- Experience with Investran or similar fund accounting systems
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
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Retirement Support — A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
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Leave & Time Off Breadth — Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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