Asset Management Real Estate Debt Fund Controller - Vice President
JPMorgan Chase · New York, United States · 1d ago
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
J.P. Morgan Asset Management, a leading global alternatives manager, offers innovative solutions backed by vast resources and robust governance. We provide customized alternative portfolios tailored to client needs, spanning real estate, private equity, credit, and more. Our Real Estate America’s (REA) team manages commercial and residential real estate investments, controlling investment risk and optimizing financing strategies.
As a Separate Accounts Real Estate Controller within our dedicated financial management team, you will assist with the financial oversight of several separately managed accounts and targeted strategy funds. This includes meeting both client and internal reporting requirements. You will collaborate closely with a team of seasoned professionals, overseeing and participating in all facets of real estate financial analysis, accounting, taxation, treasury functions, internal controls, external auditors, and third-party service providers.
Job Responsibilities:
- Oversee and coordinate financial reporting, accounting, and treasury functions for all REA Debt Funds.
- Manage the quarterly and annual financial statement process, ensuring compliance with REA’s policies, procedures, and US GAAP/J-GAAP.
- Collaborate with other REA controllers to ensure adherence to REA’s policies and procedures.
- Work directly with the Portfolio Manager to address investor questions, strategy, liquidity, and ad hoc analyses.
- Oversee interactions with third-party fund administrators, auditors, tax practitioners, and legal counsel.
- Monitor third-party compliance with responsibilities, audits, budgets, and deadlines.
- Identify and resolve accounting and control issues related to funds and investment strategies.
- Ensure all investments comply with current policies and procedures.
- Manage month-end and quarterly pricing, financial reporting, and accounting of the Funds.
- Produce quarterly/annual reports and prepare covenant analyses for third-party debt/lines of credit.
- Prepare and review cash flow, profitability, and return on investment analyses for portfolio management.
- Oversee fund-level payments and treasury maintenance, including the tax payment process.
- Develop and maintain relationships with internal and external clients and consultants.
- Demonstrate flexibility by supporting team roles and undertaking special projects as assigned.
Required qualifications, capabilities and skills
- 6+ years of accounting experience
- Real Estate and debt accounting experience
- Bachelor’s degree with a major in accounting
- Certified Public Accountant (C.P.A.)
- Experience coaching and mentoring peers and audit team
- Strong accounting, analytical and problem-solving skills
- Understanding of debt structures, modifications/extinguishment, amortizations, fair value, etc.
- Understanding of waterfalls, mortgage documents, loan agreements, partnership agreements, and fund governing docs.