Alternative Investments Accountant

U.S. Bancorp
United States
Workplace: HybridFull timeUSD 81,345 - 95,700 annuallyFunction: Finance & AccountingExperience: 2-5 yearsEducation: bachelorsSkills: ["Communication","Problem-solving","Time management","Multi-tasking","Interpersonal skills"]

Maintain hedge fund and registered product general ledger records for varying complexities, including producing end-of-month NAV calculations. Prepare daily general ledger entries, perform prime broker and bank cash reconciliations, process advisor and portfolio management activities, and handle corporate actions, expense accruals, and distributions. Partner with administrators, transfer agencies, prime brokers, and custodians to ensure SEC compliance and adherence to GAAP, while recording trades, income/expenses, and security valuations in the portfolio accounting system.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
U.S. Bancorp
U.S. Bancorp
2 months ago

Alternative Investments Accountant

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 23 days agoStatus: Live

Job Summary

Maintain hedge fund and registered product general ledger records for varying complexities, including producing end-of-month NAV calculations. Prepare daily general ledger entries, perform prime broker and bank cash reconciliations, process advisor and portfolio management activities, and handle corporate actions, expense accruals, and distributions. Partner with administrators, transfer agencies, prime brokers, and custodians to ensure SEC compliance and adherence to GAAP, while recording trades, income/expenses, and security valuations in the portfolio accounting system.
Location: United States
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Prepare daily general ledger entries and complete prime broker and bank cash reconciliations.
  • •Process advisor and portfolio management activities, corporate actions, expense accruals, payments, and portfolio reconciliations.
  • •Collaborate with internal/external administrators, transfer agencies, prime brokers, and custodians to support SEC compliance and GAAP adherence.
  • •Record trade activity, income and expense transactions, and apply security valuations in the portfolio accounting system.
  • •Provide timely distribution of internal and external information related to fund accounting activities.

Pay and Benefits

Salary: USD 81,345 - 95,700 annually
Perks:Health InsuranceDentalVisionLife InsuranceDisabilityParental Leave401kRetirementPaid Leave

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 of accounting, reporting, and analysis.
  • •Ability to identify and resolve/escalate complex problems with minimal guidance.
  • •Ability to manage multiple tasks/projects and deadlines simultaneously.
Experience:2-5 yearsPortfolio accountingHedge fundsAsset management
Education:Bachelor's in Accounting, Finance, or a business-related field
Skills:CommunicationProblem-solvingTime managementMulti-taskingInterpersonal skills
Tech Stack:Microsoft OfficePortfolio accounting system

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
Glassdoor
Glassdoor: 3.8
WebsiteLinkedInGlassdoor