JP Morgan Chase & Co.

Alternative Fund Services - Fund Accounting - Associate

JP Morgan Chase & Co. • $80K — $95K *
Boston, MA 02115In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 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
  • Familiarity with Private Equity & Hedge fund structures
  • Analytical thinker with attention to detail and ability to manage multiple priorities
  • Strong interpersonal and communication skills, able to see projects to completion
  • Proficiency in Microsoft Office with advanced Excel skills

Responsibilities

  • Maintain financial records for Hedge/Hybrid and Private Equity funds
  • Review governing documents and set up fund structures in accounting database
  • Prepare and review periodic Net Asset Valuations and valuations for fees and fund performance
  • Calculate and reconcile capital call and distribution processes
  • Coordinate investor relations and quarterly reporting
  • Collaborate with team to manage client expectations and adhere to deadlines
  • Liaise with internal and external stakeholders including audit and compliance

Benefits

  • Work with a reputable global leader in financial services
  • Opportunities for professional growth and networking
  • Engagement with diverse and dynamic teams across various sectors
  • Exposure to different aspects of fund administration and investment banking
Full Job Description
Job Description

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


About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at JP Morgan Chase & Co.

More Finance & Insurance Jobs

Find similar Alternative Fund Services - Fund Accounting - Associate jobs:

NationwideBoston, MA