Alternative Fund Services Fund Accounting Analyst – JPMorgan Chase, Toronto, ON
Location: Toronto, ON | Company: Jpmorgan Chase
JPMorgan Chase is hiring an Alternative Fund Services Fund Accounting Analyst for a full-time position in Toronto, Ontario. This opportunity supports hedge fund, private equity and fund-of-hedge-fund clients that rely on J.P. Morgan for independent administration, custody and outsourced operational services.
The successful candidate will help prepare and review fund accounting records, Net Asset Value files, investor allocations and daily profit-and-loss calculations. The role also involves client service, onboarding support, control monitoring and collaboration with investment operations, reconciliations, investor relations and financial reporting teams.
About This Fund Accounting Position
The Fund Accounting Analyst will work within J.P. Morgan Alternative Fund Services, which provides operational and accounting support to alternative investment managers. The position requires a detailed understanding of hedge fund and private equity structures, together with the ability to complete time-sensitive calculations and documentation accurately.
The analyst will support several stages of the client servicing process, from onboarding and procedure development through daily accounting activity and deadline management. The role requires close attention to internal controls because the accuracy of fund records, investor allocations and fee calculations directly affects client reporting.
Key Areas of Responsibility
The position combines fund accounting, client service and operational oversight. The successful candidate will be expected to meet agreed deadlines, maintain complete documentation and coordinate with several internal teams supporting each client relationship.
Net Asset Value Reporting
Prepare, review or oversee Net Asset Value files and daily profit-and-loss calculations for assigned hedge fund or alternative investment clients.
Investor Allocations
Calculate and review fund, share-class and investor allocations, including management fees, performance fees and other client-specific accounting requirements.
Controls and Documentation
Confirm that scheduled work is completed on time, required checklists are signed and supporting files contain the documentation required by internal procedures.
Client Relationship Support
Develop a detailed understanding of assigned clients and maintain productive relationships with investment managers and authorized third-party service providers.
Client Onboarding
Work with new-business teams and clients during onboarding and help create or update procedures covering client-specific deliverables and controls.
Team Development
Assist with training and coaching new team members and help ensure that available technology is used effectively as the group expands.
Alternative Investment Accounting
Candidates should understand the accounting and operational requirements associated with hedge funds and private equity structures. Relevant areas include investor allocations, share classes, waterfalls, capital calls, distributions and the processing of complex investments and securities.
The analyst may also work with legal and compliance teams to help ensure that funds meet applicable regulatory requirements. This requires accurate records, current procedures and a strong understanding of how client-specific structures affect accounting treatment and operational workflows.
Skills That May Help Candidates Succeed
This position may suit professionals who combine technical fund accounting knowledge with strong client service, organization and problem-solving skills. The work can involve demanding deadlines and multiple client priorities, making adaptability and careful follow-through especially important.
Knowledge of Net Asset Value preparation, profit-and-loss calculations, investor allocations, management fees and performance-fee calculations.
Understanding of hedge funds, private equity, share classes, waterfalls, capital calls, distributions and complex securities processing.
The ability to respond professionally to demanding clients, resolve account questions and maintain clear communication across service teams.
The ability to identify operational weaknesses, streamline workflows and recommend improvements that reduce risk and increase efficiency.
Strong organizational and interpersonal skills for managing deadlines, supporting team growth and helping maintain coverage across assigned funds.
Qualifications, Compensation and Workplace Details
JPMorgan Chase requires a bachelor’s degree, preferably in Finance, Accounting or Economics. Candidates should have at least three years of hedge fund experience or relevant experience gained with a Big Four audit firm. Experience with private equity is considered an additional asset.
The published base salary range for this Toronto position is $60,000 to $90,000 CAD. The role is full time and based at 255 Consumers Road in Toronto. Applicants should demonstrate strong analytical, communication and client-service capabilities, together with the ability to work effectively in a growing operational environment.
How to Apply
Interested candidates should submit an application through JPMorgan Chase’s official careers website. Application materials should highlight hedge fund or private equity accounting experience, Net Asset Value preparation, investor allocation work and any previous responsibility for client onboarding or operational controls.
The official posting does not provide an application deadline. Candidates should apply while the vacancy remains active and ensure that their application demonstrates the ability to meet demanding client deadlines and work across several fund-accounting functions. Joblyz does not collect applications or participate in hiring decisions.