U.S. Bank

Senior Accountant, Alternative Investments

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Philadelphia • New Jersey • New York • United States

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Salary

💰 $81,515 - $95,900 per year

Job Level

Senior

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
  • Ensure all fund accounting functions are completed in accordance with Generally Accepted Accounting Principles (GAAP)
  • Records trade information, income/expense activity and applies valuation of securities in the portfolio accounting system
  • Enters and reconciles all investor contributions and withdrawals in the partnership accounting system
  • Allocates fund level profits to individual investors for preparation and distribution of investor statements
  • Reviews and coordinates fund expense analysis and expense processing
  • Prepares fund financial statements, audit and tax schedules

Requirements

  • Bachelor's degree in accounting, finance or a business-related field, or equivalent work experience
  • Five or more years of related experience, preferably in portfolio/partnership accounting, finance or portfolio management
  • 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
  • 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 & Tools
accountingportfolio accountingfinancial reportingperformance analysisnet asset value calculationexpense analysisfinancial statement preparationaudit schedulestax schedulesvaluation of securities
Soft Skills
problem solvingtime managementmultitaskingcommunicationanalytical thinking
Certifications
Bachelor's degree in accountingBachelor's degree in financeBachelor's degree in business-related field