U.S. Bank

Alternative Investments Accountant

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Chicago • Colorado • Illinois • United States

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Salary

💰 $75,905 - $89,300 per year

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 and ensure all fund accounting functions are completed in accordance with 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
  • PCS (Investran) and Cascade knowledge a plus
  • 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 & Tools
accountingportfolio accountingfinancial reportingGAAPnet asset value calculationexpense analysisfinancial statement preparationaudit schedulestax schedulesvaluation of securities
Soft Skills
problem solvingtime managementinterpersonal communicationverbal communicationwritten communication