Job DescriptionAlternative Investments Associates and Accountants are part of a collaborative team responsible for maintaining the general ledger and records for hedge funds and registered products of varying complexity. They also produce end-of-month net asset value (NAV) calculations.
- Prepare daily general ledger entries, prime broker and bank cash reconciliations, advisor and portfolio management processing, corporate action applications, expense accruals and payments, timely distribution of internal and external information, and portfolio reconciliations.
- Collaborate with internal and external administrators, transfer agencies, prime brokers, and custodians to ensure compliance with SEC regulations and adherence to GAAP principles across all fund accounting functions.
- Record trade activity, income and expense transactions, and apply security valuations within the portfolio accounting system.
Basic Qualifications- 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
Preferred Skills/Experience- Thorough knowledge in accounting, reporting, and analysis
- Ability to identify and resolve/escalate complex problems with minimal guidance
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Effective interpersonal, verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- 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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $81,345.00 - $95,700.00
Posting may be closed earlier due to high volume of applicants. 
