Alt Investments Accountant

Job Overview

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. Each person is unique in their potential, and a career with U.S. Bank gives you a wide, ever‑growing range of opportunities to discover what makes you thrive at every stage of your career.

• Work as part of a team responsible for providing 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 the 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.

• 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.

• Advent Geneva knowledge a plus.
• Basic knowledge of financial investment products.
• 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.

Hybrid/flexible schedule: an in‑office expectation of three or more days per week with flexibility to work outside the office for the remaining days.

• 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 (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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.

Pay Range: $92,140.00 – $ (based on the primary location; actual range may differ per location).

U.S. Bank is an equal‑opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status, or other factors protected under applicable law.

E‑Verify: U.S. Bank participates in the U.S. Department of Homeland Security E‑Verify program in all U.S. facilities and certain territories. The E‑Verify program is an Internet‑based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

Background checks will be conducted in accordance with applicable local laws, including the Los Angeles County Fair Chance Ordinance, California Fair Chance Act, San Francisco Fair Chance Ordinance, and Section 19 of the Federal Deposit Insurance Act (FDIA). Certain positions may also require compliance with FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, Bank Secrecy Act, SAFE Act, and other federal guidelines.

Applicants must be able to comply with U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.