Fund Accounting Manager

Fund Accounting Manager

U.S. Bank Global Fund Services is seeking a Fund Accounting Manager to support our Fund Accounting team. The role involves maintaining the general ledger and records of mutual funds, ETFs, local government investment pools, and closed‑end funds, and producing end‑of‑day net asset value calculations.

• Prepare daily general ledger accounting and prime broker/bank cash reconciliations.
• Process advisor and portfolio management transactions, corporate actions, and expense accruals/payments.
• Calculate daily net asset value, mill rates, and perform portfolio pricing analysis and validations.
• Distribute timely internal and external information and conduct portfolio reconciliations.
• Partner with internal and external administrators, transfer agencies, and prime brokers/custodian relationships to support compliance, audit, and financial reporting.
• Ensure all fund accounting functions comply with SEC regulations and GAAP principles.

• Bachelor’s degree in accounting, finance, or equivalent work experience.
• Minimum of five years of accounting or finance experience.
• Experience with exchange‑traded funds, mutual funds, or similar investment vehicles.
• Previous fund accounting experience, specifically with ETF basket processing.
• Strong knowledge of accounting, reporting, and analysis.
• Ability to identify and resolve exceptions and analyze data.
• Proficient computer skills and proficiency in Microsoft Office applications.

Monday through Friday, 8:00 a.m.–6:00 p.m. (CT). The position requires working from a U.S. Bank location three (3) or more days per week, in Tempe, AZ or Milwaukee, WI.

Pay Range: $98,175.00 – $. The salary range reflects figures based on the primary location; actual range may vary by location.

• Health care (medical, dental, vision)
• 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
• Paid “Safe Leave” accruals of one hour for every 30 hours 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. The position is not eligible for visa sponsorship.

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

Applicants with arrest or conviction records will be considered for employment. Certain positions may also be subject to additional regulatory requirements.

If you require an accommodation for a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.