Customer Success [Multiple Positions Available]
Sales & Business Development, Customer Service
Boston, MA, USA
USD 102,198-132k / year + Equity
DESCRIPTION:
Duties: Maintain books and records for hedge and private equity funds. Prepare and review Net Asset Values, management fees, carried interest and performance fee calculations, investor allocations, and capital account statements in adherence to the control framework, including policies and procedures. Prepare and review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments. Coordinate with Investor Relations on the release of capital notices and report on the investor reporting portal. Work closely with manager, team, and support functions to manage client expectations and ensure adherence to SLA timelines for client deliverables and ad hoc requests. Liaise with support functions, internal and external stakeholders, including Risk and Control groups, Audit, Tax, Compliance, Implementation, and Investor Relations. Review fund governing documents and related agreements, and ensure the correct set-up and maintenance of fund structures and investments in the accounting database. Maintain operational KPIs (timeliness, pricing exceptions, error rates) and provide trend analysis and remediation actions to improve quality and efficiency. Support new fund launches and strategy expansions by partnering on operating model design, control mapping, dry runs/parallel periods, and post-launch stabilization. Lead remediation of complex breaks and systemic issues by identifying patterns, partnering with technology/operations to address root causes, and implementing preventive controls to reduce recurrence.
QUALIFICATIONS:
Minimum education and experience required: Masters's degree in Finance, Business Administration, Accounting, or related field of study plus 2 years of experience in the job offered or as Customer Success, Fund Accountant, or related occupation. The employer will alternatively accept a Bachelor's degree in Finance, Business Administration, Accounting, or related field of study plus 4 years of experience in the job offered or as Customer Success, Fund Accountant, or related occupation.
Skills Required: This position requires one (1) year of experience with the following: Using accounting platforms including Arcesium, Geneva, Mantra, Investran, and Cascade to look up, edit, and record accounting entries to adhere to the US GAAP for Investment Funds; Managing accounting for bank loans and other private credit investments including the treatment of paydowns, interest, and PIKs; Performing fund accounting for various fund types including standalone, master/feeder structures, sidepockets, blockers, PE, and hybrids. This position requires any amount of experience with the following: Using Excel for fund accounting purposes including investor allocations and calculating managements fees and carry, as outlined in the fund documents; Utilizing complex formulas including VLOOKUP and SUMIF functions to accurately record client reports; Executing dual-sided entries in accounting platforms including Arcesium, Geneva, Mantra, Investran, and Cascade to ensure accurate past, present, and future accounting reports; Performing waterfall, carried interest, and IRR calculations and assessing their impact on accounting records.
Job Location: 70 Fargo Street, Boston, MA 02210.
Full-Time. Salary: $102,198.00-$132,000.00 per year.
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 total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.
Maintain books and records for hedge and private equity funds.