Vice President - Fund Accounting/NAV Calculations/Fund Administration

Role: VP

Experience: 10+ years

Skills: Fund Accounting, NAV calculations, Fund administration

JD:

JOB TITLE: Vice President (603)

DEPARTMENT: Fund Accounting The Fund Accounting team is responsible for timely and accurate delivery of NAV for Clients who have outsourced their Fund Accounting to JPM. This role involves understanding and executing end to end activities that comprises of daily NAV calculation and eod Client reporting.

Major Responsibilities would include - 

- Rendering accurate and timely accounting statements in compliance with customer expectations and departmental standards

- Reviewing transactions on a daily basis to ensure conformity to established policies and procedures

- Monitoring cash and asset variances between the core systems and the accounting system on a daily basis and resolving discrepancies

- Monitoring income activity and ensuring that all overdue items are resolved

- Reviewing NAVs and yields prior to release

- Reviewing key areas of daily operations in order to ensure accuracy and compliance with procedures and controls

- Reviewing all monthly reconciliation packages

- Ensuring the integrity and accuracy of fund records

- Ensuring the completeness and timeliness of reporting to clients, outside parties, and other internal departments

- Reviewing accounting related issues included in new fund set up, monitoring key indicators of fund status (past due income, cash balances, corporate actions, etc.) and taking prompt action to correct problems as required

- Communicating all department information to the team through regular scheduled meetings and cascading the broader organizational goals to the team, ensuring that these are understood and embraced and are part of individual and team objectives

- Representing Fund accounting with key stakeholders including fund management, the custodian, the transfer agent and all other related parties

Shivangi Sharma