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JTC Group · 1 week ago

Administrator - Fund Administration

Boston, MA

Full-time

Hybrid

Entry Level

$61K/yr - $70K/yr

2+ years exp

JTC Group is a company specializing in fund administration, and they are seeking an Administrator for their Fund Services department. The role involves managing a client portfolio, ensuring compliance with regulatory requirements, and providing day-to-day investor services and accounting for private equity and real estate funds.

ConsultingFinanceFinancial ServicesReal Estate

Responsibilities

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

Qualification

Private equity experienceFund administration experienceUS GAAP knowledgeAccounting software proficiencyExcel expertiseAnalytical skillsOrganizational skillsCommunication skillsAttention to detailProblem solving skills