Associate I - Global Fund Services Accounting Control Group

The Accounting Control Group (ACG) plays an important role in the Fund Administration department at JPMorgan.  The ACG team is responsible for ensuring the overall quality and timeliness of financial reporting and audit cycles for all funds and clients.

 

As an Accounting Control Group Associate I, within the Fund Services Operations team, you will be accountable for two centralized teams who work closely together: Audit Team - dedicated to providing Fund Accounting Audit cycle management, Financial Reporting cycle support, and inquiry resolution and Trial Balance Analytics (TBA) reviews of the account records and working with internal stakeholders to resolve exception items to ensure the accounting data is always audit-ready.

 

If you have a background in mutual or hedge fund accounting or NAV oversight and are seeking to leverage this experience in an analytical and externally facing role, this opportunity is for you.

Job Responsibilities

• Ensure delivery of standard audit support package and oversee resolution of all inquiries from a Fund Accounting perspective during the reporting/audit cycles
• Analyze accounting records and be able to clearly articulate fund accounting transactions/processes to clients, external audit firms, and internal business partners. 
• Research and respond to auditor and internal inquiries in a timely manner. Participate on calls and in-person meetings with external auditors and clients
• Escalate potential risk items to senior management team as needed throughout the cycle.  Provide status updates as needed
• Oversee offshore team’s production of monthly deliverables including audit confirmation letters and report packages.
• Lead ad-hoc projects and process enhancements
• Coach, develop and mentor staff including setting objectives, providing feedback, and managing day to day escalation items and resolution of complex audit discussion topics

 

Required qualifications, capabilities, and skills 

• Bachelor’s Degree or equivalent work experience. 
• Strong analytical, organizational, and time management skills
• Team player with the ability to work productively within a group and maintain a high degree of independence
• Ability to partner with internal teams and external clients to ensure resolution of open queries or exception items
• Demonstrate strong understanding of various investment types including fixed income, equities, and derivatives and fund accounting transactions such as corporate actions and amortization
• Ability to interact with senior management and clients/auditors. 
• Excellent written and verbal communication skills, comfortable escalating upward
• Excellent problem/issue resolution skills; good critical thinking and decision-making skills
• Strong leadership skills. Ability to initiate and drive change and process improvements

 

Preferred qualifications, capabilities, and skills 

• Prior experience in Fund Accounting or Financial Reporting preferred
• Experience managing teams of at least 2-4 individuals; leadership and staff development experience
• Graduate degree such as MBA, MSF, MSA preferred. (6-12 or more years)
• Experience interacting directly with clients and/or auditor strongly preferred, including in-person meetings and/or presentations

 

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about