Alternative Investments Accountant

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.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. 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.

Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description Alternative Investments Associates and Accountants are part of a collaborative team responsible for maintaining the general ledger and records for hedge funds and registered products of varying complexity. They also produce end-of-month net asset value (NAV) calculations.

Prepare daily general ledger entries, prime broker and bank cash reconciliations, advisor and portfolio management processing, corporate action applications, expense accruals and payments, timely distribution of internal and external information, and portfolio reconciliations.

Collaborate with internal and external administrators, transfer agencies, prime brokers, and custodians to ensure compliance with SEC regulations and adherence to GAAP principles across all fund accounting functions.

Record trade activity, income and expense transactions, and apply security valuations within the portfolio accounting system.

Basic Qualifications 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

Preferred Skills/Experience 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

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants. Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

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 Review our full benefits available by employment status here. 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.

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