Fund Accountant (multiple levels)

U.S. Bank; Tempe (AZ); On-site; USD 60,000 - 71,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability

Parental leave

401(k)

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank Global Fund Services is seeking a Fund Accountant to support our Fund Accounting team. You will maintain the general ledger, perform reconciliations, and process daily NAV determinations for mutual funds and ETFs, ensuring GAAP compliance.

Location involves working from a U.S. Bank facility in Tempe, AZ (and Milwaukee, WI) three or more days per week, with a schedule aligned to Central time. Candidates typically have 1–2 years in accounting or finance and a Bachelor's degree in

Qualifications

• Bachelor’s degree in accounting or finance
• 1–2 years of experience in accounting or finance activities
• Thorough knowledge of accounting, reporting, and analysis
• Ability to identify and resolve exceptions and to analyze data
• Proficient computer navigation skills using Microsoft Office applications

Responsibilities

• Maintain general ledger and records for funds
• Prepare daily general ledger accounting and NAV calculations
• Perform reconciliations with prime brokers/banks
• Process corporate actions, expense accruals, postings
• Assist with portfolio pricing analyses and internal/external reporting
• Collaborate with internal/external administrators and custodians to ensure GAAP compliance

Skills

Accounting knowledge

Data analysis

Excel

Microsoft Office

Education

Bachelor's degree in accounting or finance

Job description

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.

This role has multiple levels, open to candidates with 1 year minimum 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.

Your journey starts now.

U.S. Bank Global Fund Services is seeking a future team member for the role of Fund Accountant to support our Fund Accounting team. As a Fund Accountant you will be a part of a team responsible for maintaining the general ledger and records of mutual funds, exchange-traded fund, local government investment pools and closed-end funds of varying complexity and producing end of day net asset value calculation. You will prepare 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. You will partner 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.

Schedule: Monday through Friday, 8:30 AM to 5:30 PM Central time. Once fully trained, based on your hub assignment your scheduled shift may change to 9:00 AM to 6:00 PM Central time.

Location: 3 or more days in the Tempe, AZ or Milwaukee, WI locations.

To be successful in this role, we’re seeking the following:

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

We’re excited to talk with you if:

• Thorough knowledge of accounting, reporting, and analysis
• 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.

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: $60,435.00 - $71,100.00

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.

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.

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