Assistant Administrator - Fund Administration

JTC Group•Boston, MA

3d•Hybrid

About The Position

The Assistant Administrator will support a growing Fund Administration business by providing day-to-day accounting and reporting services for private equity and real estate funds. The role includes investor services, processing investor transactions, handling fund accounting and cash activity, maintaining client records, and responding to client requests. The position is in the Fund Services department within the Institutional Client Services division and has a hybrid workplace structure.

Requirements

College degree; an accounting, business, mathematics, finance, or economics degree is preferred but not essential.
Proficiency in Microsoft Office.
Strong Excel expertise.
Strong organizational and communication skills.
Attention to detail, problem-solving, and analytical skills.

Nice To Haves

Private equity experience or fund administration experience.

Responsibilities

Serve as the primary client contact for information requests, account maintenance, website use, and service-related matters.
Process and report investor transactions, including subscriptions, redemptions, and transfers, and coordinate associated money movement.
Review due diligence documents for fund investors.
Coordinate with management on reviewing investor AML/KYC.
Coordinate with Treasury to confirm cash activity and prepare investor confirmations.
Communicate with clients and internal groups by email, telephone, and live chat.
Provide reliable problem and issue resolution to clients.
Perform day-to-day accounting and reporting for private equity and real estate funds.
Process general ledger activity for investor-level, fund-level, and investment-level transactions.
Handle daily cash activity, wire transfers, and bank reconciliations.
Maintain electronic and hard-copy client files and archive them as necessary.
Prepare investor capital call and distribution notices.
Assist external auditors during year-end audits.
Respond to day-to-day client matters and ad hoc queries.
Adhere to JTC core values and expected behaviours.