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Administrator – Fund Administration

Boston 13th Sep 2022

JTC is experiencing significant growth in the United States and growing our Fund Administration team as well!

Purpose of Job

The role holder will be required to administer a client portfolio, under the supervision of a Senior Administrator / Assistant Manager or given Line Manager. They should be able to demonstrate a clear understanding of the client’s portfolio, including risk awareness, relationship management and contractual and statutory obligations.

Main Responsibilities and Duties
  • Responsible for the day-to-day investor services, accounting and reporting for private equity and real estate funds in accordance with the firm’s AML/KYC policies and procedures, US GAAP, client preferences and best practices
  • Reviews investor subscription packages and supporting documentation and completes investor onboarding process in accordance with procedures
  • Posts journal entries and portfolio transactions in accounting software
  • Prepares and reviews quarterly accounting packages, including partner allocations
  • Prepares capital call and distribution notices
    Reconciles cash transactions in fund bank accounts
  • Prepares and reviews US GAAP financial statements and partner capital statements
  • Assists external auditors during year-end audits
  • Interacts with clients on day-to-day matters as well as on ad-hoc queries
  • Participates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementation
  • Manage own billing and cash collection / debtors process and minimise write-offs where possible
  • Awareness and adherence to contractual and statutory obligations under the Group’s policies, procedures and guidelines, including the Group’s core values and expected behaviours
  • Adhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation
  • Adhere to CPD requirements in accordance with qualification level and in-house procedures;
  • Adhere to the JTC core values and expected behaviours;
  • Any other duties as deemed necessary by Management
Essential Requirements
  • Previous private equity experience or fund administration experience preferred
  • College degree (accounting business, mathematics, finance or economics degree preferred but not essential)
  • Proficiency in MS Office. Strong Excel expertise
  • Strong organizational and communication skills
  • Attention to detail, problem solving and analytical skills
Conclusion

JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all of our stakeholders. Our purpose is to maximise potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.

JTC’s culture places a strong focus on the development of its employees. We value our employees’ commitment to their career and encourage and support you if you wish to pursue a professional qualification as well as providing ongoing learning and development opportunities through our Academy and Gateway programmes. Our vision for the future is driven by an entrepreneurial and innovative spirit.

If you would like to join team JTC, where everyone is dedicated to continuously delivering a service beyond our clients’ expectations, please apply on line (applications will only be accepted if made through the online portal).