Alternative Fund Services Afs - Accounting Analyst jobs at Jpmorgan in Canada, Toronto

Job Responsibilities:

• Preparation/Review/Oversight of Net Asset Value Files and Review/Oversight of Daily Profit and Loss Calculations

• Preparation/Review of fund, share class, and investor allocations including calculations of management and performance fees

• Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation including ensuring all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups

• Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties and create, maintain and update procedures for client specific deliverables

• Work closely with the new business team and client through the on-boarding process and on-going review of daily controls and communication of any new training or procedural changes to your team

• Work closely with your clients to resolve queries and providing first level account and with investment operations, reconciliations, investor relations and financial reporting teams to agree with internal deadlines to ensure external client deadlines are met

• Assist with training and coaching new team members as the group grows and ensure that technology available is being fully utilized in the most efficient manner. Report to management on MIS and ad hoc that issues that may arise

Required Qualifications, Skills and Capabilities:

• Bachelor degree required, degree preference is Finance, Accounting, or Economics

• 3+ years of Hedge Fund experience or work for Big 4 audit firms

• Thorough knowledge of the hedge fund & private equity environment including accounting for investor allocations, share classes, waterfalls calls/distributions processing and complex investment and securities processing

• Streamline operational processes to reduce risk and improve efficiency

• Excellent client service orientation and proven ability to deal with demanding clients

• Work closely with legal/compliance to ensure all funds are in compliance with the relevant regulatory authorities

• Ensure there is appropriate back up on each fund to cover holidays, absences and turnover

Preferred qualifications:

• Experience with private equity is a plus

• Strong knowledge of hedge fund products, analytical skills, communication skills and proven adaptability and ability to work in a high growth area

• Ability to lead and manage high performing teams, superior interpersonal skills, strategic thinker with proven track record

You will be involved in daily client interactions where you will manage expectations, balance multiple priorities and work in a team setting to deliver accurate and timely reporting to clients and investors.
Job Responsibilities:

• Set-up/maintain the books and records of Private Equity funds, including GP vehicles where applicable, in accounting database in line with terms and conditions of governing documents
• Prepare and/or review periodic Net Asset Valuations and financial reporting packs consisting of financial statements, management fee and carried interest calculations, and investor allocations and capital account statements
• Prepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
• Manage release of capital notices and quarterly reporting on investor reporting portal
• Work closely with manager, team and internal stakeholders to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requests
• Adhere to control framework including internal policies and procedures
• Manage year-end process and handle requests from external auditors and tax teams

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 GAAP for Investment Funds and familiar with Private Equity fund structures
• Analytical thinker and problem solver with attention to detail
• Ability to work under pressure and balance multiple priorities
• Team Player with excellent interpersonal, communication and client service skills as well as the 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

As a member of the Private Fund Services (PFS) Product team, you will assist with the governance, strategic direction, and definition of the private markets fund administration product. You will also become a Subject Matter Expert (SME) on the private markets fund business, offering thought leadership and guidance on all product aspects of the business. In this role, you will collaborate closely with our business partners in Operations, Risk, Technology, Product Development, Compliance, and Sales/Relationship Management.

Job Responsibilities• Defining and documenting the standard product definition and ensuring the product stays within the agreed product definition

• Ensuring the product offering is consistent and aligned with our global fund product offerings across Securities Services

• Managing the legal and regulatory landscape to ensure the product conforms to current regulations (and is prepared for future regulations)

• Acting as a subject matter expert with our product partners
• Working with Sales to define and agree the target profile of prospective clients.

• Produce and present marketing materials as well as provide demonstrations of the platform. Coordinate RFP responses and provide pricing proposals for prospective clients.

• Working with Operations to ascertain deal solutions and target operating models

• Negotiate legal contracts within agreed parameters of the bank

• Develop strategic relationships with key client decision-makers and act as the point of contact/escalation for large relationships. Conduct monthly service meetings and present to client boards on behalf of the administrator.
• Managing the product profit and loss at a client level and identify operational inefficiencies and additional service opportunities
Required qualifications, capabilities and skills• Specific experience with private markets fund administration and/or operations
• Knowledge of the private markets fund space
• Ability to manage to tight deadlines with a mindset for flexibility
• Strong written and verbal communication skills
• A pragmatic problem solver and "out-of-the box" analytical thinker capable of challenging the operating norm and making recommendations
• Demonstrated ability to synthesize information, prioritize business goals, and drive results with a high sense of urgency and attention to detail
• Ability to generate support from a wide-range of stakeholders and create a strong network of relationships among peers, and internal partners

You will be responsible for managing all aspects of day-to-day client deliverables for Private Equity fund administration clients. This includes the maintenance of books and records, Net Asset Valuations, financial statements, capital events, management fee and carried interest calculations, investor allocations and capital statements, release of investor reporting, and managing year-end process with audit and tax teams. You will also manage client expectations and deliverable timelines in accordance with SLAs and ensure timely resolution of client issues and escalations. You are required to demonstrate deep knowledge of Private Equity fund structures, proficiency in accounting for complex transactions and a comprehensive understanding of fund governing documents.

Job Responsibilities

• Manage all aspects of client deliverables for Private Equity fund administration clients including client expectations and timelines as well as any issues and escalations
• Stay abreast industry standards and best practices while continuously seeking opportunities to enhance operational efficiency and mitigate operational risks
• Liaise with support functions and internal stakeholders including risk and control groups, audit, compliance, implementation, investor relations and operations
• Ensure adherence to control framework including prescribed policies and procedures
• Lead and work on ad hoc client projects and internal initiatives
• Mentor and develop staff resources while providing oversight and supervision on technical topics and client-related issues
• Review fund governing documents, side letters and agreements to determine impact on reporting deliverables and ensure adherence

Required qualifications, capabilities and skills

• A professional accounting qualification (CA, CPA) combined with 8+ years of experience working with Private Equity funds in an fund administration or related capacity
• Knowledge of US GAAP for Investment Funds and a thorough understanding of Private Equity fund structures
• Bachelor’s Degree in Accounting, Finance or MBA
• Ability to work under pressure to meet tight deadlines and balance multiple priorities
• Strong leadership skills with attention to detail and a hands-on management style
• Team player with excellent problem solving, communication and client service skills as well as the ability to take ownership and manage projects
• Proficiency in Microsoft Office product suite and advance MS Excel skills

Preferred qualifications, capabilities, and skills

• Strong knowledge of Investran or similar integrated Private Equity system a plus
• Investment fund audit experience with a Big 4 firm a plus