<p>JobID: 210565059</p> <p>Category: Product</p> <p>JobSchedule: Full time</p> <p>Posted Date: 2025-05-20T18:32:15+00:00</p> <p>JobShift: Day</p> <p>Base Pay/Salary: Jersey City,NJ $114,000.00-$200,000.00; New York,NY $114,000.00-$200,000.00</p> <p>J.P. Morgan's Corporate & Investment Bank, a global leader in investment banking, wholesale payments, markets and securities services, manages $29 trillion of assets and $650 billion in deposits. As part of this, the Alternative Fund Services (AFS) administers over $950 billion in assets globally, providing administration services to more than 150 clients across all alternative asset classes.</p> <p>As a Vice President in J.P. Morgan's Alternative Fund Services, you will manage a Fund Accounting team, interpret fund agreements, maintain knowledge of client base and industry standards, serve as senior client escalation, assist with training initiatives, lead special projects, and prepare/review various financial documents. You will have the opportunity to streamline operational processes and work with a diverse range of clients across all alternative asset classes.</p> <p>Job Responsibilities:</p> <ul> <li>Manage a Fund Accounting team and ensure client deadlines are met and work executed in accordance with internal controls </li><li>Interpret fund agreements to determine impact on fund set-ups, financial reporting requirements and NAV reporting </li><li>Maintain thorough knowledge of client base and industry standards (i.e., accounting, tax and legal) to serve and communicate with clients most effectively </li><li>Serve as senior client escalation; anticipate and proactively communicate resolution of issues to clients </li><li>Assist with/lead training initiatives. Manage team capacity, budgets and cross training plans. </li><li>Lead and work on special projects, new client/fund onboarding & internal investment initiatives </li><li>Prepare/Review of fund, share class, and investor allocations including calculations of management and performance fees/carry </li><li>Prepare/Review Net Asset Value Files & Daily Profit & Loss </li><li>Streamline operational processes to reduce risk and improve efficiency </li></ul> <p>Required qualifications, capabilities and skills:</p> <ul> <li>10 years of accounting experience </li><li>Thorough knowledge of the hedge/PE Fund environments including accounting for investor allocations, share classes, and complex investment and securities processing </li><li>Bachelor's degree </li><li>Must be innovative and analytical, with excellent verbal and written communication skills </li><li>Strategic thinker with proven track record </li><li>Must have team player instincts with the ability to see a project to conclusion with little follow-up </li><li>Excellent client service orientation and proven ability to deal with demanding clients </li></ul> <p>Preferred qualifications, capabilities, and skills:</p> <ul> <li>Professional accounting qualification (CA, CPA) a plus </li><li>Bachelor's degree in Accounting, Economics or Finance preferred </li><li>Experience preferably including Public Big 4 and partnership or hedge/private equity fund accounting </li><li>Experience with Investran or similar integrated Private Equity system a plus </li><li>Familiarity and experience with private equity concepts (e.g. waterfall calculations, capital call/distribution processing, PE investment structures) </li></ul>