Alt Investments Accountant

U.S. Bancorp
United States
Workplace: HybridFull timeUSD 92,140 - 108,400 annuallyFunction: Finance & AccountingExperience: 2-5 yearsEducation: bachelorsSkills: ["Communication","Problem-solving","Interpersonal skills","Multitasking","Deadline management"]

Serve as primary fund accountant for hedge funds, private equity funds, and closed-end registered products. Calculate net asset values and distribute financial/performance information to investment advisors and investors in accordance with GAAP. Record and reconcile trades and investor contributions/withdrawals, value securities, allocate profits, review expense processing, and prepare fund financial statements plus audit and tax schedules. Work within a hybrid schedule with an in-office expectation of 3+ days per week.

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

Alt Investments Accountant

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

Job Summary

Serve as primary fund accountant for hedge funds, private equity funds, and closed-end registered products. Calculate net asset values and distribute financial/performance information to investment advisors and investors in accordance with GAAP. Record and reconcile trades and investor contributions/withdrawals, value securities, allocate profits, review expense processing, and prepare fund financial statements plus audit and tax schedules. Work within a hybrid schedule with an in-office expectation of 3+ days per week.
Location: United States
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Act as primary fund accountant on multiple relationships and complete fund accounting in accordance with GAAP.
  • •Calculate net asset values and disseminate financial and performance information to advisors and investors.
  • •Record trade information, track income/expense activity, and apply valuation of securities in portfolio accounting systems.
  • •Enter and reconcile investor contributions and withdrawals, and allocate fund-level profits for investor statements.
  • •Review and coordinate fund expense analysis/processing and prepare fund financial statements, audit, and tax schedules.

Pay and Benefits

Salary: USD 92,140 - 108,400 annually
Perks:Health InsuranceDentalVisionLife InsuranceLong-term DisabilityParental Leave401kPaid LeavePaid HolidayAdoption Assistance

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, resolve, and/or escalate complex problems with minimal guidance.
  • •Proficiency with Microsoft Office and strong communication skills.
Experience:2-5 yearsAlternative investmentsHedge fundsPrivate equityPortfolio accountingPartnership accounting
Education:Bachelor's in Accounting, Finance
Skills:CommunicationProblem-solvingInterpersonal skillsMultitaskingDeadline management
Tech Stack:GAAPAdvent GenevaMicrosoft 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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