Alternative Investments Accountant

U.S. Bancorp
Milwaukee
Workplace: OnsiteFull timeUSD 66,640 - 78,400 annuallyFunction: Finance & AccountingExperience: 2-5 yearsEducation: bachelorsSkills: ["Interpersonal communication","Verbal communication","Written communication","Problem-solving","Time management"]

Serve as a primary fund accountant for hedge funds, private equity funds, and closed-end registered products. Calculate and distribute NAV and performance information using partnership and portfolio accounting systems, reconcile investor contributions and withdrawals, allocate profits, and review fund expense analysis. Prepare fund financial statements plus audit and tax schedules while ensuring all accounting is completed in accordance with GAAP, working from a U.S. Bank location 3+ days per week.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
1 day ago

Alternative Investments Accountant

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Source: Company careers pageValidated by: Fursa AI
Last checked: 5 hours agoStatus: Live

Job Summary

Serve as a primary fund accountant for hedge funds, private equity funds, and closed-end registered products. Calculate and distribute NAV and performance information using partnership and portfolio accounting systems, reconcile investor contributions and withdrawals, allocate profits, and review fund expense analysis. Prepare fund financial statements plus audit and tax schedules while ensuring all accounting is completed in accordance with GAAP, working from a U.S. Bank location 3+ days per week.
Location: Milwaukee
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Provide accounting, administration, and investor servicing for hedge funds, private equity funds, and closed-end registered products.
  • •Calculate NAV(s) and disseminate financial and performance information to investment advisors and investors in accordance with GAAP.
  • •Record trades, track income/expense activity, and apply security valuation in portfolio accounting systems.
  • •Enter and reconcile investor contributions and withdrawals in partnership accounting systems and allocate fund profits to investors for statements.
  • •Review and coordinate fund expense analysis/processing and prepare fund financial statements, audit, and tax schedules.

Pay and Benefits

Salary: USD 66,640 - 78,400 annually
Perks:Health InsuranceDentalVisionLife Insurance401kRetirementPaid LeavePaid HolidaysParental LeaveDisability

Key Requirements

  • •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.
  • •Thorough knowledge in accounting, reporting, and analysis.
  • •Ability to identify, resolve, and escalate complex problems with minimal guidance.
  • •Ability to manage multiple tasks/projects and deadlines simultaneously.
Experience:2-5 years
Education:Bachelor's in Accounting, Finance, or a business-related field
Skills:Interpersonal communicationVerbal communicationWritten communicationProblem-solvingTime management
Tech Stack:Microsoft Office

Company Brief

U.S. Bancorp
U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Minneapolis, United States
Founded: 1863
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