U.S. Bank

Alternative Investments Accountant

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Milwaukee • Colorado, Illinois, Wisconsin • 🇺🇸 United States

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Salary

💰 $66,640 - $78,400 per year

Job Level

JuniorMid-Level

About the role

  • Provide accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products
  • Calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors
  • Act as primary fund accountant on multiple relationships, ensuring all fund accounting functions are completed in accordance with Generally Accepted Accounting Principles (GAAP)
  • Record trade information, income/expense activity and apply valuation of securities in the portfolio accounting system
  • Enter and reconcile all investor contributions and withdrawals in the partnership accounting system
  • Allocate fund level profits to individual investors for preparation and distribution of investor statements
  • Review and coordinate fund expense analysis and expense processing
  • Prepare fund financial statements, audit and tax schedules

Requirements

  • Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience
  • Two to five years of related experience, preferably in portfolio/partnership accounting
  • Thorough knowledge in accounting, reporting, and analysis
  • Ability to identify and resolve/escalate complex problems with minimal guidance
  • Ability to manage multiple tasks/projects and deadlines simultaneously
  • Effective interpersonal, verbal and written communication skills
  • Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
Benefits
  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
accountingfinancial analysisportfolio accountingnet asset value calculationfund accountingexpense analysisfinancial statement preparationaudit schedulestax schedulesGAAP
Soft skills
problem solvingtime managementinterpersonal communicationverbal communicationwritten communication
Certifications
Bachelor's degree in AccountingBachelor's degree in FinanceBachelor's degree in business-related field