Senior Alt Investments Accountant

Accountant responsible for providing accounting, administration and investor servicing for hedge funds and private equity at U.S. Bank.

Posted 7/4/2026full-timeChicago • Arizona, Colorado, Illinois, Wisconsin • 🇺🇸 United StatesSenior💰 $86,530 - $101,800 per yearWebsite

Key responsibilities & impact

Providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products
Calculating net asset value(s) and disseminating financial and performance information to the investment advisor and their investors
Acting as primary fund accountant on multiple relationships, ensuring all fund accounting functions are completed in accordance with Generally Accepted Accounting Principles (GAAP)
Recording trade information, income/expense activity and applying valuation of securities in the portfolio accounting system
Entering and reconciling all investor contributions and withdrawals in the partnership accounting system
Allocating fund level profits to individual investors for preparation and distribution of investor statements
Reviewing and coordinating fund expense analysis and expense processing
Preparing fund financial statements, audit and tax schedules

What you’ll need

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
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

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

AccountingFinancial ReportingPerformance AnalysisValuation of SecuritiesExpense ProcessingAudit PreparationTax Schedule Preparation

Soft Skills

Effective CommunicationProblem SolvingTime Management