JP Morgan Chase & Co.

Private Equity Fund Administration - Associate

JP Morgan Chase & Co. • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related field
  • 3+ years' accounting experience, ideally at a Big 4, private equity firm, or fund administrator
  • Knowledge of US GAAP for Investment Funds and familiarity with Private Equity fund structures
  • Strong analytical skills and attention to detail for accurate issue identification and problem-solving
  • Ability to manage multiple priorities under pressure while maintaining client service quality
  • Proficiency in Microsoft Office with strong MS Excel skills
  • Preferred: Professional accounting qualification (CA, CPA)
  • Preferred: Experience with Investran or similar integrated Private Equity system

Responsibilities

  • Set up and maintain accurate books and records for Private Equity funds in the accounting database
  • Prepare and/or review periodic Net Asset Valuations and financial reporting packs
  • Conduct capital call and distribution calculations and prepare investor communications
  • Reconcile capital call proceeds and distribution payments to ensure accuracy
  • Manage the release of capital notices and quarterly reporting
  • Collaborate with team and internal stakeholders to meet client expectations and deadlines
  • Adhere to the control framework and manage year-end processes for external audits and tax requests

Benefits

  • Opportunities for professional growth and advancement
  • Collaborative work environment with internal stakeholders
  • Access to a wide range of resources and support within a leading financial institution
  • Potential exposure to high-profile clients and projects
  • Strengthening of accounting skills in a specialized field of Private Equity
Full Job Description
Job Description

Overall Summary

You will support J.P. Morgan Alternative Fund Services ("AFS") within Securities Services in the Corporate & Investment Bank by delivering Private Equity fund accounting, valuation, and investor reporting. You will own accurate books and records maintenance, capital activity processing, and periodic/annual reporting deliverables, while meeting SLA timelines, partnering with internal stakeholders, and operating within the control framework and internal policies and procedures.
Job Responsibilities

Fund accounting / books and records
  • You will set up and maintain the books and records of Private Equity funds, including GP vehicles where applicable, in the accounting database in line with the terms and conditions of governing documents.

Valuations and periodic financial reporting
  • You will prepare and/or review periodic Net Asset Valuations and financial reporting packs, including financial statements, management fee and carried interest calculations, investor allocations, and capital account statements.

Capital activity and investor communications
  • You will prepare and/or review capital call and distribution calculations, including investor notices.
  • You will reconcile capital call proceeds and distribution payments to ensure complete and accurate processing.
  • You will manage the release of capital notices and quarterly reporting on the investor reporting portal.

Client delivery, controls, and year-end
  • You will work closely with your manager, team, and internal stakeholders to manage client expectations and deliver against SLA timelines for scheduled deliverables and ad hoc requests.
  • You will adhere to the control framework, including internal policies and procedures, and you will complete required controls as part of daily and reporting-cycle execution.
  • You will manage the year-end process and handle requests from external auditors and tax teams.
Required Qualifications, Capabilities and Skills.
  • 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 GAAP for Investment Funds and you are familiar with Private Equity fund structures.
  • Apply strong analytical thinking and attention to detail to identify issues, solve problems, and deliver accurate outputs.
  • Work under pressure, balance multiple priorities, and deliver to deadlines while maintaining strong client service, interpersonal, and communication skills.
  • Proficient in Microsoft Office and you have strong MS Excel skills.
  • (Preferred / a plus) You have a professional accounting qualification (CA, CPA).
  • (Preferred / a plus) You have experience with Investran or a similar integrated Private Equity system.


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.

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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

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