JPMorgan Chase & Co . is a leading global financialservices firm with assets of more than $2.7 trillion, over 240,000 employeesand operations in over 60 countries. It operates across four business segmentsincluding Asset & Wealth Management, Corporate and Investment Banking,Commercial Banking and Consumer and Community Banking. J.P. Morgan Asset & Wealth Management, is a global leaderin investment and wealth management. Its clients include institutions,high-net-worth individuals and retail investors in every major marketthroughout the world. The division offers investment management across allmajor asset classes including equities, fixed income, alternatives, multi-assetand money market funds. For individual investors, the business also providesretirement products and services, brokerage and banking services includingtrusts and estates, loans, mortgages and deposits. AM Introduction: Asset Management is a leading investment manager ofchoice for institutions, financial intermediaries and individual investors,worldwide. With a heritage of more than two centuries, a broad range of coreand alternative strategies, and investment professionals operating in everymajor world market, we offer investment experience and insight that few otherfirms can match. The Financial Department of Alternatives - Real EstateAmerica (REA) seeks a Financial Manager with approximately 4-6 years offinancial services accounting experience, preferably real estate, to assistwith the financial management of its real estate investments including clientand internal reporting requirements.
The Financial Manager will work closely with an experiencedgroup of professionals and generally be involved in many aspects of real estatefinancial analysis, accounting, taxation, internal controls, and propertymanagement oversight.
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 REA 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 REA 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.
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.
Internal Number: 5871310
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