Introductory Marketing Language

The Accounting Control Group (ACG) at JPMorgan is a crucial part of the Fund Administration department, ensuring the quality and timeliness of financial reporting and audit cycles for all funds and clients. The ACG, divided into the Audit Team and Trial Balance Analytics Team, offers an ideal role for candidates with a background in mutual or hedge fund accounting or NAV oversight, providing an opportunity to leverage their experience in an analytical role supporting periodic audit cycles.

Job Summary

As an Audit Associate II in the Accounting Control Group, you will play a crucial role in ensuring the overall quality and timeliness of financial reporting and audit cycles for all funds and clients. You will be split between two roles – the Audit Team and the Trial Balance Analytics Team. In these roles, you will leverage your prior experience in mutual or hedge fund accounting or NAV oversight to support periodic audit cycles. This role provides an excellent opportunity to develop your analytical skills and gain in-depth knowledge of fund administration.

 

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 internal business partners Act as point of contact for onshore teams and internal stake holders in relation to audit and reporting cycles. Participate in video calls with internal stake holders Have knowledge of internal systems, operations, and client structures, i.e., various types of portfolios, deliverables, and client specific requirements Have knowledge of end-to-end fund accounting such as trades and corporate action processing, pricing, income accruals, etc. to respond to internal inquiries Independently research and respond to internal inquiries in a timely manner. Participate on calls and in-person meetings Escalate potential risk items to senior management team as needed throughout the cycle.  Provide status updates as needed 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. Graduate degree 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 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. 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 Experience interacting directly with clients and/or auditor strongly preferred, including in-person meetings and/or presentations