Alternative Investments Operations Specialist

U.S. Bank; Hackensack (NJ); On-site; USD 81,000 - 96,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

Paid holidays

Parental leave

Job summary

U.S. Bank is seeking an Alternative Investments Associates and Accountants to join a team responsible for accounting, administration, and investor servicing across hedge funds and private equity funds.

You will calculate NAVs, record trades, allocate profits, and prepare financial statements, audits, and tax schedules in accordance with GAAP. The role requires a Bachelor's in Accounting/Finance or related field and up to two years of related experience, with proficiency in Microsoft Office.

Qualifications

• Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience.
• Less than two years of related experience, preferably in portfolio/partnership accounting

Responsibilities

• Compute net asset value(s) for hedge funds, private equity funds, and related products.
• Record trade information, income/expense activity, and apply valuations in the fund accounting system.
• Prepare fund financial statements, audit and tax schedules.

Skills

Attention to detail

Problem solving

Communication skills

Multitasking

Education

Bachelor's degree in Accounting/Finance or related field

Tools

Microsoft Office

Job description

U.S. Bank is seeking an Alternative Investments Associates and Accountants to join a team responsible for accounting, administration, and investor servicing across hedge funds and private equity funds.

You will calculate NAVs, record trades, allocate profits, and prepare financial statements, audits, and tax schedules in accordance with GAAP. The role requires a Bachelor's in Accounting/Finance or related field and up to two years of related experience, with proficiency in Microsoft Office.