Fund Accounting

Location: Mumbai, Maharashtra, India

Job Family: Fund Servicing

About the Role

At JPMorgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. Join our Fund Services organization in Mumbai as a Fund Accountant, where you will be part of the operations team driving the success of both our clients and the firm. In this role, you will contribute to the seamless servicing of mutual funds, hedge funds, and alternative investment vehicles, ensuring accurate financial reporting and operational excellence in a dynamic, high-stakes environment. Our Mumbai office serves as a key hub for Asia-Pacific operations, offering exposure to global markets and cutting-edge technology platforms that support trillions in assets under administration. As a Fund Accountant, your primary focus will be on executing core accounting functions such as NAV computations, trade settlements, and position reconciliations while adhering to strict regulatory frameworks like IFRS and SEC requirements. You will work closely with cross-functional teams to resolve complex issues, enhance process efficiencies, and deliver insightful reporting that empowers client decision-making. This position demands a meticulous approach to detail, strong analytical skills, and the ability to thrive under pressure during peak periods like month-end closings. At JPMorgan Chase, we value innovation, and you will have opportunities to leverage automation tools and contribute to initiatives that streamline fund servicing workflows. We foster a collaborative culture that supports professional growth, with access to world-class training, mentorship, and career progression paths within our expansive organization. If you are passionate about financial services and eager to make an impact in fund accounting, join us to advance your career while helping shape the future of asset management at one of the world's most respected institutions.

Key Responsibilities

• Perform daily fund accounting tasks including pricing, trade processing, and net asset value (NAV) calculations for client portfolios
• Reconcile cash, positions, and income/expenses across multiple fund structures to ensure accuracy and compliance
• Prepare and review financial statements, reports, and investor allocations in line with JPMorgan Chase's standards
• Collaborate with internal teams such as portfolio management, custody, and compliance to resolve discrepancies
• Monitor and implement regulatory changes impacting fund servicing, ensuring adherence to industry standards
• Support month-end and quarter-end closings, including accruals, valuations, and audit preparations
• Identify and mitigate operational risks through robust control procedures and process enhancements
• Provide timely and accurate data to clients and stakeholders, contributing to the success of JPMorgan Chase's Fund Services organization
• Assist in training junior team members and contributing to team knowledge sharing initiatives
• Leverage technology tools to automate routine tasks and improve efficiency in fund operations

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 2-3 years of experience in fund accounting, financial services, or asset management operations
• Strong understanding of fund accounting principles, including NAV calculations, accruals, and reconciliations
• Proficiency in financial regulations such as GAAP, IFRS, and SEC guidelines relevant to mutual funds and alternative investments
• Experience with accounting software and ERP systems used in the financial industry
• Ability to work in a fast-paced, high-volume environment with attention to detail
• Fluency in English, both written and verbal

Preferred Qualifications

• Advanced degree or certification such as CPA, ACCA, or CFA
• Prior experience in a global financial institution like JPMorgan Chase
• Knowledge of hedge funds, private equity, or real estate fund accounting
• Familiarity with Bloomberg, Charles River, or similar financial data platforms
• Experience in process improvement or automation initiatives in fund services

Required Skills

• Fund accounting expertise
• Financial reconciliation and analysis
• Knowledge of GAAP and IFRS
• Regulatory compliance in asset management
• Proficiency in Excel and financial modeling
• Attention to detail and accuracy
• Analytical problem-solving
• Time management in deadline-driven environments
• Team collaboration and communication
• Adaptability to changing regulations
• Data validation and error detection
• Process optimization and automation
• Client-focused service orientation
• Risk assessment and mitigation
• Technical aptitude with accounting software

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for relevant certifications
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Global mobility opportunities within JPMorgan Chase's international network

JP Morgan Chase is an equal opportunity employer.