Are you ready to make an impact in the world of financial and regulatory reporting? Join our team and leverage your detail-oriented mindset to deliver high-quality reporting for a diverse portfolio of alternative investment funds.
The Financial Reporting Associate for Alternative Funds is responsible for preparing, analyzing, and reviewing financial statements and reports for a portfolio of alternative investment funds (including hedge funds, private equity, and hybrid funds). This role ensures compliance with relevant accounting standards, regulatory requirements, and internal policies, while supporting audit processes and collaborating with various stakeholders.
Job responsibilities
- Apply up-to-date product, industry, and market knowledge in specialty areas of financial reporting.
- Contribute to the preparation, review, and submission of monthly, quarterly, semi-annual, and annual reports for alternative investment fund clients and their auditors, supporting regulatory efforts to compile key statistics on domestic and international portfolio positions and trends.
- Prepare, review, and analyze quarterly, semi-annual, and annual financial statements for alternative investment funds in accordance with US GAAP, IFRS, Lux GAAP, and other applicable standards, ensuring accuracy and completeness by performing quarter-over-quarter variance analytics.
- Coordinate data collection and quarterly business results with various lines of business, Regulatory Controllers, and reporting teams.
- Assist in the thorough assessment of the issues and outcomes.
- Adhere to proof and control procedures to ensure accurate reconciliation between regulatory filings.
- Adhere to various control procedures and edit checks to ensure the integrity of reported financial results.
- Ensure accurate and complete data submission to the Regulators.
- Interpret and define regulatory requirements and coordinate internal and external policies.
- Establish and manage relationships with the line of business as well as with external regulatory agency constituents through ongoing partnership and dialogue.
- Participate in continuous improvement efforts around data quality review and external reporting improvement projects.
- Maintain and update fund accounting records, including capital activity, income allocations, and expense accruals.
- Collaborate with fund managers, operations, tax, and compliance teams to resolve reporting issues and support new fund launches.
- Monitor changes in accounting standards and regulatory requirements, assessing their impact on financial reporting.
- Assist in process improvement initiatives to enhance reporting efficiency and accuracy.
- Support ad hoc projects and requests related to financial reporting and fund operations.
Required qualifications, capabilities, and skills
- 5+ years in a Finance organization with exposure to accounting, financial statements, and/or regulatory reporting, preferably within alternative investments.
- Bachelor’s degree required, in Accounting, Finance, or Economics.
- Strong understanding of US GAAP, IFRS, and investment fund structures.
- Strong skills in time management, problem solving, written and oral communication.
- Team player, with ability to work effectively across diverse functions, locations, and businesses.
- Excellent Excel and computer skills.
- Strong analytical skills.
- Extremely strong organizational and time management skills.
- Ability to manage change and deliver results.
- Strong communication skills – both verbal and written.
- Ability to work independently and collaboratively in a fast-paced environment.
- High attention to detail and commitment to accuracy.
Preferred qualifications, capabilities, and skills
- Experience with alternative investment funds, regulatory reporting, and fund launches is a plus.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Skills Required
- 5+ years in a Finance organization with exposure to accounting, financial statements, and/or regulatory reporting, preferably within alternative investments.
- Bachelor's degree in Accounting, Finance, or Economics.
- Strong understanding of US GAAP, IFRS, and investment fund structures.
- Excellent Excel and computer skills.
- Strong analytical skills.
- Strong time management, organizational skills, and attention to detail.
- Strong written and oral communication skills and ability to work collaboratively across functions.
- Ability to manage change, work independently in a fast-paced environment, and deliver results.
- Experience with alternative investment funds, regulatory reporting, and fund launches.
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 broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
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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