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Asset Management - Alternatives - Financial Manager - Vice President

Job Description

J.P. Morgan Asset & Wealth Management, with client assets of $2.6 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
The Financial Department of Alternatives – Real Estate seeks a Financial Manager with approximately 7 years of financial services accounting experience, preferably real estate, to assist with the financial
management of its real estate investments including client and internal reporting requirements.
 
The Financial Manager will work closely with an experienced group of professionals and generally be involved in many aspects of real estate financial analysis, accounting, taxation, internal controls, and property management oversight.
 
Primary Responsibilities:
  • General understanding of investment structures, mortgage documents, development agreements, partnership agreements, and purchase and sale agreements.
  • Responsible for the month end, financial reporting and accounting of direct real estate assets.
  • Analyze financial statements and other financial reports of real estate investments.
  • Prepare and review cash flow, profitability and return on investment analysis.
  • Produce quarterly reports for various separate account clients.
  • Review and approve operating budgets for each asset. Provide projections for annual business plans.
  • Perform financial due diligence for acquisitions by working with various GRA departments, third parties, sellers, JV partners, legal counsel, etc.
  • Broadly interact with independent external auditors, and tax practitioners.
  • Review and analyze property financial information. Facilitate and oversee monthly / quarterly reporting process. Ensure that all investments are accounted for in accordance with GRA policies and procedures as well as GAAP.
  • Oversight of third party property management and joint venture partners to ensure compliance with operating agreements.
  • Identify and resolve any control issues relating to property management or internal processes.
  • Calculate and maintain performance data on investments held.
  • Generate data that is valuable for business management efforts
  • Special projects regarding assigned portfolio of properties.
  • Client service support including preparing management analysis and responding to client and consultant requests.

Qualifications

  • Computer literacy and working knowledge of Excel and Word. 
  • Experience in financial related capacities preferred. 
  • Strong accounting, analytical and problem solving skills. 
  • Organized work habits. 
  • Solid communication skills.
  • Education:  Bachelor’s degree with major in accounting.
  • C.P.A. preferred but not required.
Req #: 180052477
Location: Los Angeles, CA US
Job Category: Asset Management
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

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