Asset Management - Product Administration(Financial Reporting)- Associate Description: - You are a strategic thinker passionate about driving solutions in Product Administration . You have found the right team. - The India Asset Management Client & Product teams put together, functionally manage the entire lifecycle of Client. - It includes Client Service activities like RFP, Onboarding, KYC, Client Reporting and Fund level Governance oversight involving Product administration, Board management, Funds registration, TA Service Delivery, Product implementation and vendor management services. The Product team comprising of Research analysts, Investment Specialists (IS) and PM teams are responsible for providing additional insights to our securities coverage universe, strategy design, commercializing and monetizing our strategies. Sales & Marketing teams functional responsibilities includes Sales support and Marketing insights, Data Management & Governance, Data Delivery & Solutions and Business Intelligence & Analytics. - The Product Administration team is the center of expertise and oversight of service providers appointed by JPMorgan Asset Management's Luxembourg, France, Irish and UK domiciled funds for which it acts as a UCITS Management Company or AIFM. - You will be working with a highly specialized, multi-disciplinary team and will be responsible to operationally monitor the JPMAME funds range and oversee the providers of administration services throughout the fund's life cycle. - This role is based in Mumbai and sits within UK Client Service & Business Platform team in JPMorgan Asset Management (JPMAM) and has oversight of the UK fund range including OEICs and investment trusts. JPMAM is the market leader in investment trust management. The investment trust department of JPMAM is a growing business, responsible for managing the affairs of 21 investment trusts (20 of which are listed on the London Stock Exchange and one in US). JPMAM is the corporate secretary to these investment trusts. JPMAM is also responsible for over 30 UK open-ended funds Job Responsibilities : - Detailed review of investment trust and ICVC year-end and half-year financial statements. - Ensuring that the financial statements comply with all relevant accounting standards (including UK GAAP and IFRS where applicable), tax, compliance, regulatory and other disclosure requirements. - Interaction with various internal teams within the investment trust and open-ended funds department (Company secretarial, Risk and Operations, Compliance and other senior client facing teams) to ensure a first class service is delivered and maintained. - Close liaison with external auditors and the internal company secretaries to ensure a timely and uniform response/approach to on-going audits - Preparing expense analyses, half-year and year-end accruals and summaries for administrators to book-keep this data and for disclosure in the financial statements - Performance fee calculations in line with Investment Management Agreements - Preparing regular accurate revenue estimates for the investment trusts, including the analysis of the impact of any change in policy or asset allocation. This is in line with current procedures and process. - Prepare the monthly fair value calculations for debt held by the investment trusts - Review monthly management fee calculations for accuracy - Review VAT returns in preparation for HMRC filing - Assist in any ad-hoc or project-related tasks as necessary. Required qualifications, capabilities and skills : - Qualified accountant (ACA/CA or ACCA) preferred, although exam-finalists with suitable experience will also be considered. - Strong experience in financial statement preparation and review, and of coordinating with fund administrators. - Good working knowledge of accountancy as it relates to investment trust and open-ended fund accounting would be beneficial. - Intermediate to Advanced user of Excel - Ownership is very key for this role and a self-motivated strong team player with a keen sense of continuous improvement - Able to proactively work under own initiative, prioritize, handle time pressure and manage multiple accounting deliverables at the same time - Numerate with excellent attention to detail and accuracy Preferred qualifications, capabilities and skills : - Well-organized, confident and have excellent planning skills - Ability to present financial statements and answer queries from senior management and/or Board members is an advantage - PC skills - ability to use spreadsheet packages, proficient and fast at learning and adapting to new technology and software such as Bloomberg - Identification of strategic improvements in existing process and work practices to increase automation and remove duplication in processes. Liaising with external printers for production and updates to draft and final financial statements at half-year and year ends JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Mumbai

JP Morgan Chase - Associate - Product Administration/Financial Reporting - Asset Management 

Job Description for JP Morgan Chase - Associate - Product Administration/Financial Reporting - Asset Management  in JP Morgan Chase in  Mumbai for (5-10) years of experience. Apply Now!