Hybrid Hedge Fund & PE Investments Accountant

U.S. Bank; Edison (NJ); Hybrid; USD 76,000 - 89,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) retirement plan

Paid vacation

Paid holidays

Parental leave

Job summary

U.S. Bank is seeking an Alternative Investments Associate/Accountant to provide accounting, administration and investor servicing for hedge funds, private equity funds and closed-end products.

You will calculate net asset values and share performance information for investment advisers and investors, ensuring GAAP compliance across relationships. The role records trades, income/expense activity, contributions and withdrawals; allocates fund profits; and prepares fund financial statements, audit

Qualifications

• Bachelor's degree in Accounting, Finance or business field, or equivalent work experience.
• Less than two years of related experience.

Responsibilities

• Provide accounting, administration and investor servicing for hedge funds, private equity funds and closed-end products.
• Calculate net asset values and disseminate financial and performance information to investment advisers and investors.
• Act as primary fund accountant on multiple relationships with GAAP-compliant processes.
• Record trade information, income/expense activity and valuation of securities.
• Enter and reconcile investor contributions and withdrawals.
• Allocate fund level profits to investors for investor statements.
• Prepare fund financial statements, audit and tax schedules.

Skills

Accounting knowledge

Financial analysis

Problem solving

Multitasking

Communication skills

Microsoft Office

Education

Bachelor's degree in Accounting/Finance/business

Tools

Investran

Cascade

Excel

Job description

U.S. Bank is seeking an Alternative Investments Associate/Accountant to provide accounting, administration and investor servicing for hedge funds, private equity funds and closed-end products.

You will calculate net asset values and share performance information for investment advisers and investors, ensuring GAAP compliance across relationships. The role records trades, income/expense activity, contributions and withdrawals; allocates fund profits; and prepares fund financial statements, audit