Fund Accounting_Team Leader

Job Description
As a Fund Accounting Team Leader within our financial services team, you will be responsible for the maintenance of accurate accounting and securities records for each fund administered. You will ensure all prescribed controls are adhered to for each fund accounting process. This role provides an opportunity to gain knowledge of the client's structure and various types of portfolios, their deliverables, and some of their specific requirements. You will also utilize various systems to adequately research and resolve issues on portfolios. This role requires a good understanding of security types and their accounting treatment, as well as awareness of stock market practices & data vendor systems.
Job Responsibilities:
- Primary responsibility of the FA is the maintenance of accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.)
- Prepare file in accordance with internal control checklist in Newton for items applicable to that particular portfolio.
- Keep adequate documentation on file to fully explain and support all items, particularly those, which would be deemed unusual, eg. Past due dividends, larger than usual price movements (when comparing against assets in the same industry class), large gains and losses in FFX's, large div yield, trade cost per unit vs. ending price comparison and overall benchmarking discrepancies.
- Complete accurate and legible files within deadlines set by Managers in order to fulfill production requirements
- Ensure documentation is completed and signed off as per requirements
- The reconciliation of capital flows where appropriate.
- The utilization of the WINS-INVEST ONE (reporting)/GTI/ Titan systems to adequately research and resolve issues on portfolios.
- Analyses of fund performance to ensure final valuations are accurate
- Demonstrate sufficient technical knowledge of various investment instruments and markets (stock exchanges) and there effect on the portfolio's valuation.
- Should gain knowledge of the client's structure i.e. its and various types of portfolio's, their deliverables, and some of their specific requirements. Make sure to start each bullet point with a verb or an adverb to maintain consistency and clarity in job responsibilities.
Required qualifications, capabilities and skills
• 5 years or more in Banking / Financial services industry or with accounting firm.
• Experience in an automated processing environment.
• With people management skills
• Good understanding of security types and their accounting treatment
• Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
• Knowledge of the processes of a fund's Custodian Bank and Investment Manager
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.