Job Description
In this role, you will enhance your expertise in fund controlling, collaborate with industry leaders, and drive impactful financial strategies.
As an Associate Alternatives Fund Controller in our Alternatives Fund Management team, you will spend each day defining, refining & delivering set goals for the firm, provide subject matter expertise to the team to ensure smooth functioning of team
Job Responsibilities:
- Onboarding of new funds through the review of fund offering materials, fund bank account opening, setup with the fund administrators, and preparation of fund budgets.
- Review and sign off of fund NAV packages, associated financials and investor allocations, cash management, and review of unaudited/audited financial statements.
- Oversee and direct the preparation of, and sign off on, fund capital event letters (capital calls and distributions).
- Review of quarterly performance reports for the private equity fund of funds.
- Review and process subscriptions and redemptions for hedge funds and multi-asset funds.
- Engage with the Alternatives Fund Controller team and our third party fund administrators on a day-to-day basis to discuss deliverables, accounting issues, and work through reporting and valuation.
- Prepare and review regulatory filings or data used for regulatory reporting.
- Participate in the monitoring of our third-party service providers, and preparation of board meeting materials.
- Participate in other special projects and strategic initiatives led by the Fund Controllers team.
- Interact and coordinate with third party fund administrators, independent auditors, depositaries, and tax preparers to ensure that the funds' day-to-day financial operations run smoothly.
Required qualifications, capabilities and skills:
- 4+ years of fund accounting experience for Private Equity and/or Hedge Funds
- Partnership accounting (capital or unitized) experience required.
- Strong practical understanding of private equity and hedge fund mechanics
- Financial statement preparation and/or review experience
- Demonstrated ability to communicate and work effectively with a variety of internal and external stakeholders.
- Lead by example and ability to think outside-of-the-box to address complex issues.
- Strong problem-solving skills, detail oriented with the ability to understand multiple perspectives, identify and negotiate solutions across the organization.
Preferred qualifications, capabilities and skills:
- CPA/CA preferred.
- Excellent verbal and written communication skills - demonstrated track record of successful presentation in senior management forums.
- Strong interpersonal and team building skills with the ability to set clear priorities, delegate and deployment of team resources.
- Exceptional consensus building and influence skills, possesses the ability to achieve a common understanding and agreement across groups with differing perspectives.
About Us
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.
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
