Hybrid Hedge Fund Accountant: NAV & GAAP

U.S. Bank; Hackensack (NJ); Hybrid; USD 81,000 - 96,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k)

Paid vacation

Paid holiday

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking an experienced Alternative Investments Associate/Accountant to join a collaborative team handling hedge funds and registered products.

You will maintain the general ledger, produce NAV calculations, and process daily entries and reconciliations. You'll collaborate with administrators, prime brokers, custodians to ensure GAAP compliance, record trades and valuations, and support month-end close.

Qualifications

• Bachelor's degree in Accounting, Finance or related field, or equivalent work experience.
• 2–5 years of related experience, preferably in portfolio/partnership accounting.
• Strong knowledge in accounting, reporting and analysis.
• Ability to manage multiple tasks and deadlines simultaneously.
• Excellent interpersonal, verbal and written communication skills.
• Proficient in MS Office and accounting software.

Responsibilities

• Maintain general ledger and records for hedge funds and registered products.
• Produce end-of-month NAV calculations.
• Prepare daily general ledger entries, reconciliations and processing.
• Collaborate with administrators, transfer agents, prime brokers, and custodians to ensure GAAP compliance.
• Record trade activity, income and expense transactions, and apply valuations.

Skills

Accounting

Finance

Portfolio accounting

Education

Bachelor's degree in Accounting/Finance or related field

Tools

Microsoft Office

Portfolio accounting software

Job description

U.S. Bank is seeking an experienced Alternative Investments Associate/Accountant to join a collaborative team handling hedge funds and registered products.

You will maintain the general ledger, produce NAV calculations, and process daily entries and reconciliations. You'll collaborate with administrators, prime brokers, custodians to ensure GAAP compliance, record trades and valuations, and support month-end close.