|JP Morgan Investment Management Inc. (JPMIM) manages employee benefit plans for public and private institutional investors and provides investment management services for a broad spectrum of other institutional investors including foundations, endowments, sovereign governments, defined contribution plans and insurance companies, as well as other institutional and individual investors through mutual funds, investment partnerships and other pooled investment vehicles.|
JPMIM is an active participant in the global equity, fixed income, emerging, and currency markets as well as in real estate, oil and gas, and the futures and options markets.
Investment management offers fully managed investment advisory services to individual clients on a global basis through JP Morgan's Private Client Group.
JPMIM's Global Real Assets (GRA) identifies, analyzes, acquires and manages commercial and residential real estate investment through a variety of ownership structures including public and private vehicles.
As investment manager on behalf of its clients, JPMIM develops, redevelops and operates these properties.
JPMIM also assesses capital markets and controls investment risk in determining the optimal financing, diversification and disposition strategies for the managed real estate.
The Financial Department of the Real Estate Investment Group seeks a Financial Analyst with approximately 3 to 4 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.
Responsibilities: The Financial Analyst 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.
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 and Skills:
Computer literacy and excellent knowledge of Excel and Word.
Experience in financial related capacities preferred.
Strong accounting and analytical skills.
Organized work habits, strong attention to detail, and solid communication skills. C.P.A. preferred but not required.
Education: Bachelor's degree with major in accounting