Fund Accounting

Introductory Market language

The JP Morgan Fund Accounting Team manages the production and review of the NAV and other activities that leads to the correct valuation of the mutual fund clients. This Fund Accounting Team take direct responsibility for the production, review and delivery of the activities related to Regulatory requirements and client reporting along with other activities. This role involves participation in the production and review from a detailed and quality perspective of both NAV impacting activities and regulatory reports. 

Job Summary :

As a Fund Accounting Vice President within the JP Morgan Fund Accounting Team, you will play a pivotal role in coordinating and monitoring fund accounting, reporting, and regulatory activities. You will ensure timely and accurate creation, review, and delivery of work for WHEM [night shift operations]. You will collaborate with partners and local senior management to meet all deliverables on time and as per agreed service level agreements and regulatory deadlines. This role provides an excellent opportunity to demonstrate leadership and contribute to the team's success.

Job Responsibilities :

• Ensure the accurate and timely publication of NAVs for Asset Managers, taking full ownership of the process.
• Lead the team by providing guidance on complex transactions in NAV scenarios, ensuring issues are identified and resolved promptly.
• Validate processing activities and manage exceptions as part of routine responsibilities, while overseeing the entire process and audit planning with global teams.
• Conduct final quality and analytical reviews when necessary, and provide strong leadership and direction to the team.
• Focus on talent retention and skill enhancement through training and strategic hiring, while being hands-on with the process when needed.
• Serve as the main contact for inquiries from partner sites and clients, handling ad-hoc projects related to Fund Accounting, and ensuring timely MIS and escalation reporting.
• Participate in audits, develop and refine department procedures, and work with senior management across geographies on technology and operations projects, while managing team meetings and facilitating change initiatives

Required qualifications, capabilities and skills :

• The candidate should have 12+ years or more experience in a Fund Accounting NAV Operations, with team management experience 
• Technical understanding of the investment industry, including regulatory requirements and accounting standards, is essential, along with a keen attention to detail in reviewing control functions.
• The candidate should possess exceptional leadership and staff development skills, excellent communication, influencing, and negotiation abilities, and the capacity to build collaborative relationships with internal and external stakeholders.
• Organizational skills are required, ideally with project and program management experience, and a proven track record of successful project delivery.
• Analytical skills, with the ability to anticipate issues, drive initiatives, and manage change effectively, even under pressure and within tight deadlines.
• A control-focused mindset with a thorough understanding of operational risk, detailed knowledge of business processes, and the ability to engage in workforce training and meticulous client delivery planning are also important.

Preferred qualifications, capabilities and skills:

• preferably hold qualifications such as CA, CPF, or an MBA in Finance