17 Feb

Cib Fund Accounting Specialist Senior Team Member Bengaluru - Bangalore - Jpmorgan Chase

Cib Fund Accounting Specialist Senior Team Member Bengaluru
Jpmorgan Chase
Bangalore KA
17 Feb, 2017 30+ days ago

Jpmorgan Chase as the company that open the jobs vacancy, have some qualification and spesification especially for the Cib Fund Accounting Specialist Senior Team Member Bengaluru jobs vacancy. To find out more information and about qualification and spesification details, walkin interview schedule, the address of the company, the company contact info (email/phone number) of Jpmorgan Chase company, please start to apply for the job vacancy with fill the jobs application with click the 'Apply This Job' button below.



Job Description

About JPMorgan

JPMorgan Chase & Co

. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at


Private Equity & Real Estate Services (“PERES”) was launched in November of 2005 through the commercialization of the finance and technology team supporting J.P. Morgan's various private equity and real estate entities. The line of business has over 200+ dedicated finance and technology professionals with offices in New York, Chicago, San Francisco, Dallas, Sydney, London and Jersey (CI). The team provides administration services to more than 100 clients with $200 BN exposure to alternative assets.

In an effort to streamline our workflow, PERES has undertaken an initiative to functionalize specific workflows and processes that can be standardized across our entire client base. We are seeking a Management Level Candidate to develop and head functionalized teams of analysts responsible for delivery of financial statement / valuation validation and input, cash flow accounting (capital calls / distributions), investor level data analysis, and reconciliations in a well-controlled and scalable way.

Team Responsibilities

Coordinate and interact with client and tax advisor to review and analyze portfolio companies including U.S. partnerships and corporations performing business in multiple states and foreign jurisdictions including passive foreign investment companies (PFIC) and controlled foreign corporations (CFC)

Review and perform year-end tax reconciliation from general ledger, trial balance and profit and loss statements to taxable income

Analyze and review book-tax M1 adjustments, partnership agreements, partners tax allocations, including tax waterfalls

Analyze tax write-offs and corporate restructurings and actions

Analyze foreign partner tax withholding

Review quarterly and yearly tax estimates including annual K-1s and tax returns for the fund vehicles and GP carry vehicles

Review GP Carried interests calculations and ensure accurate and timely tax and carry distributions to client investors

Ensure all tax filings and information for client investors are completed and delivered in a timely and efficient manner

Participate in prospective client meetings, sales proposals and request to proposal responses, including analyzing tax pricing and cost to service model for prospective and existing clients

Interact and service various constituents and functions within the JP Morgan Chase Bank organization, Investment Professionals and Investor Relations group, including coordination with outside accountants, legal counsel and third party investors

Review and assist in resolution of federal, state and local tax notices

Manage client relationships and interact with clients as needed

Job Responsibilities

Learn to analyze and prepare book-tax adjustments for Private Equity and Investment Partnership, including K1s from flow through investments

Receive training in order to prepare investment partnership federal and state tax allocations

With guidance learn to prepare and perform year-end tax reconciliation and review from the general ledger, trial balance and Investran's profit and loss statements to taxable income

Become skilled at preparing tax estimates and year-end tax work-papers for investors by utilizing K-1 suite and Investran software’s

Prepare investor tax allocations

Assist in special tax projects as needed

Become proficient and skilled in the use of Investran software to enter tax adjustment to prepare fund vehicle report (FVR) where applicable


Selection Criteria

Bachelor’s degree required

Minimum 0-2 years in Financial Services industry, preferably with prior Private Equity experience

Excellent analytical skill set

Strong Microsoft Excel, Word and PowerPoint skills required, preferred knowledge of lookup functions and pivot table functionality

Must be a team player with the ability to network with co-workers

Ability to multi-task, work in tight time frames

Ability to work independently with strong follow through

Attention to detail

Technologically savvy


Securities Operations

Primary Location

IN-KA-Bangalore East-Embassy Golf Links - Blue Bay / 33308





Job Type




Employee Status


Corporate Brand

J.P. Morgan

Other Cib Fund Accounting Specialist Senior Team Member Bengaluru Jobs Vacancy


Cib Fund Accounting Specialist Senior Team Member Bengaluru. Job Openings in Jpmorgan Chase for Cib Fund Accounting Specialist Senior Team Member Bengaluru, this job opened at 18 Apr, 2017. Fosters collaboration among team members and among teams; Uses teams to address relevant issues. Builds effective teams committed to organizational goals;... ... (Read more about Cib Fund Accounting Specialist Senior Team Member Bengaluru - Bangalore - Jpmorgan Chase)