Financial & Regulatory Reporting Manager

U.S. Bank; Edison (NJ); On-site; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

401(k) plan

Paid vacation

Paid holidays

Parental leave

Adoption assistance

Sick leave

Job summary

U.S. Bank seeks a senior leadership role to oversee a team handling accounting, administration and investor servicing for investment clients. The role focuses on risk-aware decision making and process improvements to support client needs and regulatory reviews.

The incumbent will review financial statements for audits, manage complex calculations, and ensure timely, accurate processing across investment programs while collaborating with stakeholders.

Qualifications

• Bachelor's degree in accounting, finance or related field or equivalent experience.
• 10+ years of experience in the alternative investments industry.
• Strong knowledge of portfolio accounting and investment management.

Responsibilities

• Supervises a team of administrators responsible for accounting, administration and investor servicing.
• Acts as escalation point and directs issue resolution and process changes.
• Proactively identifies risk-related issues through data review and mitigation.
• Reviews accounting and financial statements for audits and tax reviews.
• Sets up complex expense and incentive fee calculations and reconciliations.

Skills

Leadership

Accounting

Finance

Investor servicing

Portfolio accounting

Advent applications

Microsoft Excel

Communication skills

CPA/CFA preferred

Risk management

Education

Bachelor's degree in accounting or finance

Tools

Excel

Advent

Job description

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

Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers. Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments. Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs. Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions. Reviews the accounting and financial statement information provided for audit and tax reviews, documentation and set-up of the accounting principles for unusual investment types, and set-up/processing of complex expense and incentive fee calculations and reconciliation items.

Location expectations

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

Basic Qualifications

• Bachelor's degree in accounting, finance or related field, or equivalent experience

• 10 or more years of experience in alternative investments industry

Preferred Skills/Experience

• Working knowledge of Microsoft Office products

• Thorough knowledge of Advent applications preferred

• Advanced knowledge and understanding of portfolio accounting and the investment management industry

• Excellent verbal and written communication skills

• Proven team-oriented, leadership and organizational skills

• CPA or CFA certification preferred

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: $111,605.00 - $131,300.00

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.