Financial Reporting Analyst

039 U.S. Bancorp Fund Services, LLC; Milwaukee (WI); On-site; USD 60,000 - 71,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and retirement plan

Paid vacation and holidays

Parental leave

Adoption assistance

Job summary

U.S. Bank is seeking a Financial Reporting Analyst to support the Global Fund Services’ Fund Administration team. This role focuses on preparing and reviewing financial statement filings and other financial information to ensure GAAP compliance and timely reporting.

The ideal candidate has a solid investment accounting background and familiarity with SEC reporting, GAAP, and internal controls. Strong communication and collaboration with auditors and senior management are essential for success.

Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience.
• One to two years of related work experience.

Responsibilities

• Prepare and review financial statements and accompanying reports to comply with GAAP and regulatory reporting requirements.
• Ensure compliance with SEC, GAAP, and regulatory reporting requirements.
• Coordinate with external auditors and manage audit processes.

Skills

GAAP reporting knowledge

Regulatory reporting

Audit coordination

Strong communication

Education

Bachelor's degree in accounting or finance

CPA certification or candidate preferred

Tools

Unity Financials

Bloomberg

Eagle STAR

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

Your journey starts now. U.S. Bank Global Fund Services is seeking a future team member for the role of Financial Reporting Analyst to support our Fund Administration team. We are seeking a detail-oriented and experienced Financial Reporting Analyst to join a team responsible for preparing and reviewing financial statement filings and other financial information. This role is critical in ensuring compliance with regulatory and accounting standards and maintaining accurate reporting. The ideal candidate will have a strong background in investment accounting and GAAP reporting.

Responsibilities

• Prepare and review financial statements (e.g., statement of assets and liabilities, schedule of investments, statement of operations, statement of changes in net assets, statement of cash flows, accompanying financial footnotes and tailored shareholder reports) and the accompanying support packages for client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements.
• Ensure compliance with SEC, GAAP, and regulatory reporting requirements.
• Coordinate with external auditors and manage audit processes.
• Maintain internal controls over financial reporting.
• Monitor changes in accounting standards and assess their impact on reporting processes.
• Prepare ad hoc financial reports and analysis for senior management and stakeholders.
• Provide training and technical guidance to new staff regarding changes in regulations and procedures.

Basic Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience.
• One to two years of related work experience.

Preferred Skills & Experience

• Minimum of college level degree in accounting or finance and CPA certified or candidate preferred.
• Experience in Fund Administration, investment company financial reporting or related field, i.e., public accounting, preferred.
• Knowledge of U.S. GAAP, Regulation S-X and investment company financial reporting best practices.
• Good organizational skills ability to manage multiple priorities and meet tight deadlines.
• Good oral and written communication skills.
• Knowledge of Microsoft Office and financial reporting systems (e.g., Unity Financials, Bloomberg, Eagle STAR).

Benefits

• 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 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: $60,435.00 - $71,100.00

Equal Opportunity Employer

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.

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.