Exchange-Traded Fund Accountant (multiple levels)

U.S. Bank; Milwaukee (WI); Presencial; USD 67 000 - 78 000; Tempo integral

Resumo da oferta

U.S. Bank Global Fund Services is seeking an ETF Accountant to join our team and help maintain the general ledger and fund accounting for mutual funds.

This role supports daily NAV calculations, reconciliations, and corporate actions, with collaboration across internal teams and external administrators to ensure GAAP and SEC compliance.

Ideal candidates have 2–5+ years of experience and will work from a U.S. Bank location three or more days per week.

Qualificações

• Bachelor's degree in accounting or finance or equivalent work experience.
• Two to four years of accounting or finance experience.

Responsabilidades

• Maintain general ledger and fund accounting records for mutual funds.
• Prepare daily GL entries, reconciliations, and NAV calculations.
• Process corporate actions, expense accruals, and cash postings.
• Coordinate with administrators, transfer agents, and custodians.
• Ensure SEC and GAAP compliance across fund accounting functions.

Conhecimentos

Accounting & finance

GAAP knowledge

Analytical skills

NAV calculation

Excel

Formação académica

Bachelor's degree in accounting or finance

Ferramentas

ETF basket processing

Reconciliation software

Descrição da oferta de emprego

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Take your skills to the next level.

U.S. Bank Global Fund Services is seeking future team members for the role of ETF Accountant.

This role has multiple levels, open to candidates with 2-5+ years of work experience. The successful candidate will be hired for the level of the position that aligns with their experience. Please note that the salary range provided corresponds to the lowest level of the position posted.

Key responsibilities include: Working as part of a team responsible to maintain the general ledger and records of mutual funds of varying complexity and producing end of day net asset value calculation. Preparing daily general ledger accounting, prime broker/bank cash reconciliations, advisor/portfolio management processing, corporate action application, expense accrual/payment postings, daily net asset value and mill rate determinations, portfolio pricing analysis/validations, timely internal/external information distributions, portfolio reconciliations, etc. Partnering with various internal/external administrators, transfer agencies and prime brokers/custodian relationships collaborating on compliance, audit and financials, while ensuring all Fund Accounting functions are in compliance with SEC regulations and GAAP principles.

Basic Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience
• Two to four years of experience in accounting or finance activities

Preferred Skills/Experience

• Thorough knowledge of accounting, reporting, and analysis
• Two or more years of experience working with Exchange Traded Funds (ETFs)
• ETF basket processing experience including the related components: Corporate Action application to basket securities, Net Investment Income (IOPV) projections, and Basket cash & security review
• Ability to identify and resolve exceptions and to analyze data
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

This position is not eligible for visa sponsorship.

This role requires working from a U.S. Bank location three (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

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.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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: $66,640.00 - $78,400.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.