Alternative Investments Accountant

Job Overview

Alternative Investments Associates and Accountants work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed‑ended registered products. The role involves 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), and performing a range of related accounting tasks.

• Calculate net asset values (NAVs) 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 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.

• PCS (Investran) and Cascade knowledge.
• 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.

• 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

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 or veteran status, and other factors protected under applicable law. U.S. Bank participates in the U.S. Department of Homeland Security E‑Verify program in all facilities located in the United States and certain U.S. territories.

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws and federal guidelines, and applicants must be able to comply with U.S. Bank policies and procedures.

Pay Range: $81,345.00 - $95,700.00 (actual range may differ based on location of the role).