Alternative Fund Services Fund Accounting Analyst at JPMorganChase, Toronto, ON
Location: Toronto, ON | Company: Jpmorgan Chase
JPMorganChase is hiring a full-time Alternative Fund Services Fund Accounting Analyst in Toronto, Ontario. The position offers an annual base salary ranging from CA$60,000 to CA$90,000 and supports hedge fund, private equity and fund-of-hedge-fund clients within the Commercial & Investment Bank.
The successful candidate will help deliver accurate fund accounting services, prepare and review Net Asset Value files, calculate investor allocations and support client reporting deadlines. This opportunity may suit professionals with previous hedge fund, private equity or Big Four audit experience.
About the Fund Accounting Analyst Role
J.P. Morgan Alternative Fund Services provides administration and custody solutions to hedge funds, private equity funds and fund-of-hedge-fund clients. The Fund Accounting team is responsible for delivering high-quality client service while ensuring accounting work, controls and reporting requirements are completed accurately and on schedule.
In this role, the analyst will work with investment managers, internal operations teams and external service providers. The position also involves supporting client onboarding, resolving accounting queries, maintaining procedures and helping the wider team use available technology efficiently.
Key Areas of Responsibility
The Fund Accounting Analyst will support daily and periodic accounting activities while maintaining strong operational controls and client service standards.
Net Asset Value Reporting
Prepare, review or oversee Net Asset Value files and daily profit-and-loss calculations for assigned investment funds.
Investor Allocations
Calculate and review fund, share-class and investor allocations, including management fees, performance fees and other fund-level expenses.
Controls and Documentation
Ensure scheduled work is completed by agreed deadlines and that files contain the required checklists, supporting documents and control evidence.
Client Relationships
Develop knowledge of the client base and maintain professional relationships with investment managers, administrators and other related third parties.
Client Onboarding
Work with the new business team and clients during onboarding while reviewing daily controls and communicating procedural or training changes.
Team Support
Assist with training and coaching new team members, prepare management information and report operational issues that require attention.
Required Qualifications and Experience
Applicants must hold a bachelor’s degree, preferably in Finance, Accounting or Economics. JPMorganChase is seeking candidates with at least three years of hedge fund experience or previous experience working for a Big Four audit firm.
Candidates should understand hedge fund and private equity accounting, including investor allocations, share classes, waterfall calculations, capital calls, distributions and complex securities processing. Experience working with legal, compliance, reconciliations, investor relations and financial reporting teams will also be valuable.
Skills That May Help Candidates Succeed
The following skills and capabilities may help candidates perform effectively in this fund accounting position:
A strong understanding of hedge fund and private equity structures, investor accounting, share classes, fees, waterfalls and investment processing.
The ability to review complex financial information, identify accounting differences and resolve issues before client reporting deadlines.
A professional and responsive approach when working with demanding clients, investment managers and external service providers.
The ability to streamline operational procedures, improve efficiency and reduce accounting, regulatory and client-service risk.
Strong interpersonal skills, adaptability and the ability to train team members, communicate procedural changes and support high-performing teams.
Salary, Schedule and Benefits
This is a full-time day-shift position based in Toronto, Ontario. The advertised annual base salary range is CA$60,000 to CA$90,000. Final compensation may vary depending on experience, skills, qualifications and other factors considered during the hiring process.
Eligible employees may also receive discretionary incentive compensation and access to benefits such as health care coverage, retirement savings support, tuition reimbursement, mental health resources, financial coaching, backup childcare and other company programs.
How to Apply
Interested candidates should review the full vacancy on the official JPMorganChase careers website and ensure their résumé clearly describes relevant hedge fund, private equity, audit, fund accounting and client-service experience.
Applications must be submitted through the official JPMorganChase recruitment portal. The job identification number for this vacancy is 210756889.