J.P. Morgan Asset Management is the world's third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives and hedge funds.
Role Summary
This team supports approximately 35 Real Estate Separate accounts and you will be part of a team that assists with the financial management of several of its separately managed accounts and targeted strategy funds, including client and internal reporting requirements. You will work closely with an experienced group of professionals while overseeing /engaging in all aspects of real estate financial analysis, accounting, taxation, treasury functions, internal controls, external auditors and third party service providers.
Job Responsibilities
- Review and analyze property financial information. Ensure that all investments are accounted for in accordance with current policies and procedures as well as GAAP and review management agreements, loan documents, and partnership agreements to ensure Fund's compliance.
- Responsible for the month-end and quarterly pricing, financial reporting and accounting of real estate Funds (with some oversight of individual direct real estate assets). Produce quarterly/annual reports for Fund. Responsible for quarterly debt mark-to-market process. Prepare covenant analyses for third party debt/lines of credit
- Understanding of investment structures, waterfalls, mortgage documents, development agreements, partnership agreements, and purchase and sale agreements.
- Prepare and review cash flow, profitability and return on investment analyses used for portfolio management decision-making and oversight of payments made at the fund level, in addition to treasury maintenance (includes tax payment process). Field questions and run analyses for the Fund's Portfolio Manager and Director of Finance
- Oversight of third parties monitoring their compliances with responsibilities, audits, budgets and deadlines.
- Oversight of payments made at the fund level, in addition to treasury maintenance (includes quarterly tax payment process).
- Develop and maintain relationships for all internal and external clients and consultants.
Required qualifications, capabilities and skills
- Bachelor's degree with a major in Accounting
- 8+ years of Accounting experience
- 1+ years of Real Estate Accounting experience
- Certified Public Accountant (C.P.A.)
- Experience coaching and mentoring peers and audit team
- Strong accounting, analytical and problem-solving skills
