Asset Management Real Estate Investments Accounting Controller Team Vice President

JPMorganChase

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profile Job Location:

Los Angeles, CA - USA

profile Monthly Salary: $ 145000 - 215000
Posted on: 4 days ago
Vacancies: 1 Vacancy

Job Summary

Description

J.P. Morgan Asset Managementis a leading global alternatives manager with a 40-year legacy of delivering innovative solutions across market cycles. Our specialized teams manage alternative investment strategies supported by the extensive resources and governance of J.P. Morgan Asset Management. We offer a diverse range of strategies including real estate private equity credit infrastructure transportation liquid alternatives and hedge funds all designed to achieve specific client outcomes and provide uncorrelated returns to traditional asset classes. Our customized portfolios are tailored to meet individual client needs.

Job Summary:

Join our team as a Vice President in the Investment Accounting Controller Team where youll support the financial reporting of one of the largest Commercial Real Estate portfolios. Youll collaborate with a team of seasoned professionals overseeing various aspects of real estate financial analysis accounting structuring and internal controls for properties within a designated geographic area. Additionally youll work closely with investment professionals on acquisitions dispositions and capital restructures focusing on accounting treatment and transaction execution for REA funds and investors.

Job Responsibilities:

  • Cultivate and maintain strong relationships with REA investment team members joint venture partners and property managers.
  • Conduct financial due diligence for acquisitions collaborating with various REA departments third parties sellers JV partners and legal counsel.
  • Reconcile and analyze differences between historical cost tax and fair value accounting to provide insights into the financial performance and valuation of real estate assets.
  • Provide oversight and guidance on accounting treatment offering periodic feedback on the quality and thoroughness of work products.
  • Review monthly operating results of investments for Fund consolidation and pricing serving as an escalation point for reporting issues.
  • Analyze financial statements and performance metrics (IRR equity multiples time-weighted returns etc.) of real estate investments.
  • Engage with independent external auditors and tax practitioners.
  • Prepare and review materials valuable for business management internal stakeholders and investors.
  • Manage outsourced staff ensuring adherence to responsibilities and deadlines.

Required qualifications capabilities and skills:

  • CPA certification
  • 8 years of real estate accounting experience with a strong understanding of historical cost GAAP and FV (Fair Value) reporting standards.
  • Bachelors degree in Accounting
  • Strong understanding of complex real estate investment structures mortgage documents development management agreements partnership agreements property management and leasing agreements and purchase and sale agreements
  • Experience managing consultants and meeting time-sensitive deadlines

This position is subject to Section 19 of the Federal Deposit Insurance Act. As such an employment offer for this position is contingent on JPMorganChases review of criminal conviction history including pretrial diversions or program entries.




Required Experience:

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DescriptionJ.P. Morgan Asset Managementis a leading global alternatives manager with a 40-year legacy of delivering innovative solutions across market cycles. Our specialized teams manage alternative investment strategies supported by the extensive resources and governance of J.P. Morgan Asset Manag...
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About Company

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JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more

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