Company:
JTC Group
Location: Boston
Closing Date: 19/10/2024
Salary: £125 - £150 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
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
- A minimum of 2 years’ experience in private equity or fund administration.
- 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.
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JTC Group