Vice President, Carried Interest & Equity Program Administrator

Vice President, Carried Interest And Equity Program Administrator

The Human Resources team is looking for a Vice President, Carried Interest and Equity Program Administrator, to join the team. In this role, you will be responsible for the financial accounting, budgeting and forecasting of new and existing carried interest and equity compensation plans along with the financial accounting of various programs.

This position will be based in Chicago or New York to support the close partnership with HR, Finance and Treasury. It is expected that minimally, the candidate may travel quarterly to New York to support the quarter-end closing process.

Responsibilities :

• Support activities related to the Restricted Unit Plan and JP Morgan Workplace Solutions processes.
• Liaise with support functions and internal stakeholders, including risk and control groups, audit, compliance, implementation, and investor relations on employee coinvest and carried interest awards.
• Assist with preparation of upload files and RU tax processing, including running and reviewing reports for grants, settlements, and vesting.
• Collaborate with the Payroll Manager, Finance, Treasury, and Independent Auditors to provide payroll supporting documents.
• Establish monthly accounting processes for tracking incentive compensation and equity plans.
• Conduct analysis, financial modeling, and internal reporting to support financial performance.
• Maintain books and records of Private Equity funds, demonstrating knowledge of fund structures and accounting flows.
• Review fund governing documents and ensure correct application of terms and conditions.
• Manage year-end processes and handle requests from external auditors and tax teams.
• Assist in financial analysis and reporting related to compensation on the P&L, including budgets, forecasts, and long-term planning.
• Prepare and review periodic Net Asset Valuations and financial reporting packs.
• Prepare and review capital call and distribution calculations, including investor notices and reconciliations.
• Ensure smooth procedures for equity accounting with Payroll, Compensation, and Benefit Managers, Tax, Treasury, General Ledger, and FP&A to understand financial trends and perform variance analysis.
• Oversee equity program data maintenance and reconciliation, collaborating with HR, Tax, FP&A, Treasury, Legal, outside fund administrators and carry program administrators.
• Manage equity grant uploads, generate reports, and address inquiries regarding plan administration.
• Process and monitor equity award activity, including grants, vesting, exercises, and terminations and ensure integrity of plan participant and equity data.
• Ensure compliance with equity plan documentation, legal, and tax requirements.
• Support annual and ad hoc equity grants, participant enrollment, and vesting processes.
• Assist in monthly accounting tasks related to equity compensation.
• Collaborate on equity-related matters, including report generation and ad hoc requests.
• Create custom reports and dashboards for informed equity decisions.
• Develop and maintain process documentation and identify process improvement opportunities.
• Communicate and coordinate with third-party equity administrators and audit transactions within JP Morgan Workplace Solutions (formerly Global Shares) and potential other vendors.
• Conduct regular audits, analysis, and reconciliations with large data sets and complex calculations.

Education and Experience :

Skills and Competencies :

The Fine Print :

Salary Range : $175,000 - $225,000