Private Equity & Real Estate Fund Services – Client Delivery, VP recruitment
J.P. Morgan Private Equity Fund Services offers high quality outsourced administration and banking services to private equity firms and institutional investors. J.P. Morgan enables private equity managers and institutional investors to focus on building wealth - while we take care of all their administrative needs.J.P. Morgan has the people, processes and technology to deliver a full suite of services. The Private Equity Fund Services group has over 200 highly skilled professionals with decades of experience in private equity accounting and operations, and offices in New York, London, Jersey (Channel Islands), Sydney, Chicago, Dallas and San Francisco. J.P. Morgan has invested in a market-leading technology solution to be able to service clients in a secure, confidential environment with strong controls.
Job Responsibilities:Manage a Client Delivery team and book of clients that provides the following services for Private Equity Fund clients: Maintains books and records of Fund Entities, Special Purpose Vehicles, and Carry plansPrepares financial reporting and all supporting documentation at the fund and investor levelsReview fund level financial statements, footnotes, investor-level capital account statements and fund related activityCalculates partner allocations and maintain waterfall modelsCapital call and distribution managementManage client deliverables and cultivate/maintain client relationshipsOwnership of the deliverables to clients from an end to end perspective across various functionsPartner with various internal teams (Core Accounting, tax, treasury, client on-boarding) and external partners (clients and auditors)Develop team members by setting objectives, providing performance feedback, and participation in mentoring program.Monitor team's adherence to control proceduresAssist in business development, participate in meetings with potential clients (sales calls)Lead and serve on internal committees for strategic and operational improvementsInterpret fund agreements in order to determine impact on financial reporting and partner capital accounting requirements
Qualifications
Bachelors degree in AccountingCPA a plusMinimum of at least 10 years of accounting experience, preferably including Public Big 4 and partnership or private equity fund accountingStrong technical knowledge of complex accounting concepts, structures, and investor allocations.Experience using partnership accounting applications (e.g., Investran) a plusExperience in Waterfall calculationsHigh level of proficiency in ExcelProven managerial experienceSuperb sense of client service with ability to appropriately exercise professional skepticism and judgmentInnovative and analytical, with excellent verbal and written communication skillsMust be extremely organized, motivated, able to multitask and take initiative to enhance processes