Fund Accounting Manager

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.

Take your skills to the next level. U.S. Bank Global Fund Services is seeking future team members for the role of Fund Accounting Manager. In this role you will manage a group of accountants, accounting specialists, and/or support staff responsible for the accurate and timely processing of transactions, general ledger maintenance and reporting, and administration of accounting controls. As an Accounting manager you will train, motivate, assign work, schedule work hours, check results, and assist with performance reviews for assigned staff.

Assists with the preparation of the annual budget, monthly forecasts, and monthly variance analyses. Researches and resolves various accounting issues. Ensures questions from both internal and external customers are researched and resolved in a timely manner. Participates in department and company projects and may lead smaller projects.

• Working as part of a team responsible to maintain the general ledger and records of mutual funds of varying complexity and producing end of day net asset value calculation.
• Preparing daily general ledger accounting, prime broker/bank cash reconciliations, advisor/portfolio management processing, corporate action application, expense accrual/payment postings, daily net asset value and mill rate determinations, portfolio pricing analysis/validations, timely internal/external information distributions, portfolio reconciliations, etc.
• Partnering with various internal/external administrators, transfer agencies and prime brokers/custodian relationships collaborating on compliance, audit and financials, while ensuring all Fund Accounting functions are in compliance with SEC regulations and GAAP principles.

• Bachelor's degree in accounting or finance (preferred) or related field, or equivalent work experience
• Five or more years of experience in accounting or finance activities

• Thorough knowledge of accounting/bookkeeping principles, theories, and controls
• Well-developed mathematical and analytical skills
• Ability to identify and resolve exceptions and to analyze and interpret data
• Ability to manage multiple tasks
• Basic knowledge of applicable financial laws, regulations and reporting requirements
• Proficiency with MS Excel and ability to pick up new systems
• CPA and management experience preferred

This position is not eligible for visa sponsorship.

This role requires working from a U.S. Bank location three (3) or more days per week.

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.

• 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.

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