Private Equity Fund Accounting - Associate

JPMorganChase • Full Time • Kwun Tong, HK • 1d ago

Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? The Private Fund Services team offers high quality outsourced administration and banking services to Institutional investors (pensions, sovereign wealth funds, insurance companies, endowments, foundations) known as Limited Partner (LP). The Private Fund Services has over 300 highly skilled professionals with decades of experience in private equity accounting and operations, and offices in New York, Dublin, the Channel Islands, Sydney, Luxembourg and Hong Kong.

As a Private Equity Fund Accounting - Associate within Fund Operations team, you will monitor the processing of daily investment capital calls, distributions and fees associated with client investments, ensuring timely resolution of cash flow discrepancies with clients. You will provide timely information flow to downstream accounting valuation and performance reporting requirements. Partnering with our Custody teams, you will play an important role in ensuring capital calls and scheduled distributions are received and properly debited and credited to client's account.

Job Responsibilities

Ensure that all cash flows and investment valuations are captured and booked into proper classification for accounting purposes (e.g. return of capital, capital gains, management fees, income etc.)
Manage the review of investment and disinvestment and other related documentation
Provide performance reporting for client's investment in private equity and real estate assets
Set-up and maintain the books and records of Private Equity funds, including general partner 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 investor's capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
Manage release of investor's capital notices and quarterly reporting on investor reporting portal
Own timely resolution of client/investor queries/project
Collaborate with on-boarding team in relation to new business
Manage year-end process and handle requests from external auditors and tax teams
Build strong relationships with Senior Operations management globally as well as product, sales, risk, legal, compliance, internal audit, Operations Control Management, etc.

Required Qualifications, Capabilities, And Skills

Minimum of Bachelor's Degree in Business, Accounting, or related disciplines
At least 5 years of experience in the Private Equity Administration or Fund Accounting business
Attention to detail is key to the success of this role
Excellent communication and presentation skills and to be able to effectively liaise with other J.P. Morgan operational departments as well as clear and concise responses to client queries
Ability to take responsibility for meeting all client service levels, but be able to demonstrate an understanding of the control environment and suggest improvements where necessary
Good working knowledge of Excel, PowerPoint and other such applications
Proactive attitude, ability to multi-task and work to tight reporting deadlines

Preferred Qualifications, Capabilities, And Skills

Burgiss/ Investran Private Equity platform application suite knowledge preferred
Proficiency in Japanese will be beneficial to communicate with clients from Japan

ABOUT US

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Similar Jobs

Country Finance Lead, HKD 60-70k x13

Michael Page • Full Time • Kwun Tong District, Hong Kong, HK • 2d ago

Accounting / Audit Full Time

Regional Exposure Growing Company About Our Client A fast-growing international business is currently seeking an experienced Country Finance Lead to go beyond traditional finance to become a trusted advisor to senior lea...

2d ago

Apply

Assistant Finance Manager

SoftwareOne • Full Time • Kwun Tong District, HK • 3w ago

Accounting / Audit Full Time

Are you looking to broaden your finance expertise in a global technology organization? Do you want to influence process excellence across O2C, P2P, and R2R in a fast‑evolving, digital environment? Are you seeking a r...

3w ago

Apply

Insurance Fulfilment Executive

Standard Chartered • Full Time • Kwun Tong District, HK • 1d ago

Banking / Finance Full Time

Job Summary We are seeking a dedicated and detail-oriented Support Specialist to join our team. This role is crucial in supporting insurance policy fulfilment processes, ensuring timely, accurate, and compliant execution...

1d ago

Apply

Head, Business Risk, Wealth & Retail Banking, Hong Kong

Standard Chartered • Full Time • Kwun Tong District, HK • 2d ago

Banking / Finance Full Time

Job Summary As the Head of Business Risk for Wealth & Retail Banking (WRB) in Hong Kong, you will play a pivotal role in supporting the sustainable delivery of WRB HK’s strategic priorities by providing strong, indep...

2d ago

Apply

Business Risk Manager, Trade Finance

Standard Chartered • Full Time • Kwun Tong District, HK • 2d ago

Banking / Finance Full Time

Job Summary The Business Risk Manager for Trade Finance directs and oversees front to back operational, Cybersecurity, Compliance, Financial Crime, Fraud and Conduct risk for the Trade business within Transaction Banking...

2d ago

Apply

Director, CFCR, Wealth & Retail Banking, Hong Kong

Standard Chartered • Full Time • Kwun Tong District, HK • 5d ago

Banking / Finance Full Time

Job Responsibilities A key member of Hong Kong CFCR team with focus on WRB Coverage, aligning this to the vision and strategy of the function, the Enterprise Risk Management Framework (ERMF), and delegation of authority...

5d ago

Apply

Equities Operations Transformation - Change Management - Vice President

JPMorganChase • Full Time • Kwun Tong, HK • 1w ago

Banking / Finance Investment Full Time Management

Job Description Join a high-impact Equities Operations Transformation team shaping the future of Global Equities across Cash Equities, Equities Derivatives, and Prime Finance. This is a change management leadership role...

1w ago

Apply

Assistant Vice President/Senior Associate, Business Analyst, Institutional Banking Group Technology

DBS Bank • Full Time • Kwun Tong, HK • 1w ago

Banking / Finance Digital Banking Full Time Business Administration

Business Function Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, peo...

1w ago

Apply

Principal Tunnels Engineer

Mott MacDonald • Full Time • Kwun Tong District, HK • 1w ago

Engineering Full Time Building / Construction

Mott MacDonald is a global engineering, management, and development consultancy committed to delivering impactful work that shapes the future. We are a team of over 20,000 experts across more than 50 countries across the...

1w ago

Apply

Principal Civil Engineer

Mott MacDonald • Full Time • Kwun Tong District, HK • 1w ago

Engineering Full Time

1w ago

Apply