Job summary As a Financial Reconciliation Associate within the JP Morgan Fund Accounting Team, you will be responsible for managing the production and review of the NAV and other activities that lead to the correct valuation of our mutual fund clients. You will take direct responsibility for the production, review, and delivery of activities related to regulatory requirements and client reporting. This role involves active participation in the production and review process, ensuring quality and accuracy in both NAV impacting activities and regulatory reports. Job responsibilities Review cash and asset breaks reconciliation between accounting/custody and ensure standard commentary easily comprehended by all internal stakeholders and client. Review day to day activities in accordance of SOPs and within agreed client deadlines & SLA's. Audit and resource planning with internal parties and for peak cycles. Ongoing analysis of client accounting records and escalation, where appropriate, of any potential issues identified Identify and correct misstatements within the accounting, ability to identify and escalate potential audit findings. Interact with stakeholders to respond to any accounting related queries that may arise. Recognize and act on opportunities to improve processes including developing and making recommendations for change and encourage the team to come with ideas for efficiency. Risk and control checks are adhered to and follow all required checklists and SOPS, ensure they are up to date at any given point. Liaise with OCM (internal control) team on any issues that arise that need to be reviewed. Understand flow of information between accounting and custody systems, perform root-cause analysis of breaks, submit workflow or process redesign changes, follow-up with stakeholders or technology partners till closure to eliminate breaks from the root. Required qualifications, capabilities and skills Experience in managing people, completion of performance reviews and setting objectives. Be able to demonstrate strong management skills and ability to build key internal relationships across locations. Strong attention to detail in review of documents and analytical review capabilities in relation to Fund Accounting numbers & reporting. Excellent knowledge and understanding of all primary US Regulations, Mutual Funds and NAV. Be able to implement change, seek efficiencies and manage initiatives along with your daily workload. Be risk, control and procedure oriented. The candidate will have 7+ years' experience in a Fund Accounting or Financial Reporting and/or a good understanding of financial products and should have worked extensively in such areas with also experience in managing a team of 3-5 people. Preferred qualifications Post graduate with major in Finance/Accounting
