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 management of investment funds, ensuring operational excellence in a dynamic environment that supports asset managers worldwide. Our Fund Servicing category emphasizes precision, efficiency, and partnership, leveraging cutting-edge technology to deliver superior services in the competitive financial services industry. As a Fund Accountant, your primary focus will be on executing core accounting functions for a diverse portfolio of mutual funds, hedge funds, and alternative investments. You will handle daily tasks such as NAV calculations, trade processing, and reconciliations, while collaborating with global teams to mitigate risks and resolve issues promptly. This position offers exposure to sophisticated financial instruments and regulatory frameworks, allowing you to grow your expertise in fund operations. At JPMorgan Chase, we value integrity and innovation, providing you with the tools and resources to excel in a supportive, high-performance culture. We are seeking motivated professionals who thrive in a fast-paced setting and are passionate about the financial services sector. This role in Mumbai, Maharashtra, India, provides an opportunity to work on impactful projects that influence client outcomes and firm-wide strategies. By joining JPMorgan Chase, you will benefit from world-class training, career development paths, and a commitment to diversity and inclusion, positioning you for long-term success in fund servicing.

Key Responsibilities

• Perform daily NAV calculations and reconciliations for client funds, ensuring accuracy and timeliness
• Manage trade settlements, cash movements, and income/expense accruals in compliance with fund agreements
• Conduct reconciliations between custodian statements, internal records, and third-party data sources
• Prepare and review fund financial statements, reports, and regulatory filings for accuracy
• Collaborate with portfolio managers, custodians, and internal teams to resolve discrepancies and exceptions
• Support month-end and quarter-end close processes, including valuation adjustments and performance reporting
• Assist in implementing process improvements and automation initiatives to enhance operational efficiency
• Ensure adherence to JPMorgan Chase's risk management and control standards in all fund accounting activities
• Provide ad-hoc analysis and support for client queries related to fund performance and accounting data
• Contribute to training and mentoring junior team members in fund servicing best practices

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 2-3 years of experience in fund accounting or financial operations within the asset management industry
• Strong understanding of fund accounting principles, including NAV calculations, accruals, and reconciliations
• Proficiency in financial regulations such as GAAP, IFRS, and SEC requirements
• Experience with fund servicing platforms or ERP systems like Charles River or Advent
• Ability to work in a fast-paced, high-volume environment with tight deadlines
• Fluency in English with excellent communication skills

Preferred Qualifications

• Advanced degree or certification such as CPA, ACCA, or CFA
• Prior experience at a global financial institution like JPMorgan Chase
• Knowledge of alternative investments such as hedge funds or private equity
• Familiarity with Indian financial markets and regulatory bodies like SEBI
• Demonstrated project management experience in fund operations

Required Skills

• Fund accounting expertise
• Financial reconciliation
• NAV computation
• Regulatory compliance (GAAP/IFRS)
• Data analysis and reporting
• Attention to detail
• Problem-solving abilities
• Time management in deadlines
• Team collaboration
• Communication (verbal/written)
• Proficiency in Excel and financial software
• Risk assessment
• Process optimization
• Analytical thinking
• Adaptability to changing regulations

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 certifications
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Flexible hybrid work arrangements and relocation assistance for eligible roles

JP Morgan Chase is an equal opportunity employer.