Fixed Income Accounting Manager – Broker-Dealer Controls

U.S. Bank; Minneapolis (MN); Hybrid; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Short-term and long-term disability

Parental leave

401(k) retirement plan

Paid vacation and holidays

Job summary

U.S. Bank seeks an Accounting Manager to oversee daily, monthly and quarterly accounting for capital markets and broker-dealer products, including fixed income trading, underwriting and financing activities.

You will lead a team, ensure accurate reporting, and maintain a robust control framework in a regulated environment. The role requires strong technical accounting, cross-functional collaboration with front office, operations, treasury, product control, regulatory reporting and audit teams,

Qualifications

• Bachelor's degree in accounting or finance (preferred) or related field, or equivalent work experience.
• Six or more years of accounting experience.

Responsibilities

• Oversee daily, monthly, and quarterly accounting for capital markets and broker-dealer products, including trade date and settlement date accounting, accruals, valuations support, and balance sheet reconciliations.
• Review accounting treatment for trading inventory, underwriting positions, financing transactions, and related revenue/expense recognition.
• Ensure compliance with internal policies, US GAAP, and broker-dealer control standards.
• Partner with operations, product control, regulatory reporting, and external/internal audit teams.

Skills

Strong knowledge of broker-dealer

Leadership experience

Advanced Excel skills

Cross-functional collaboration

Education

Bachelor's degree in accounting or finance (preferred) or related field

Tools

Excel

Accounting systems

Job description

U.S. Bank seeks an Accounting Manager to oversee daily, monthly and quarterly accounting for capital markets and broker-dealer products, including fixed income trading, underwriting and financing activities.

You will lead a team, ensure accurate reporting, and maintain a robust control framework in a regulated environment. The role requires strong technical accounting, cross-functional collaboration with front office, operations, treasury, product control, regulatory reporting and audit teams,