Senior Financial & Regulatory Reporting — Hybrid Role

U.S. Bank; Hackensack (NJ); Hybrid; USD 82,000 - 96,000; Full time

Job summary

U.S. Bank is seeking a Financial & Regulatory Reporting Senior Associate to join a hybrid team based in Hackensack, NJ and Philadelphia, PA. You will lead fund accounting tasks, NAV calculations, and GAAP reporting for alternative investments.

The role requires a Bachelor's in Accounting/Finance, 5+ years of related experience, and strong communication, analytics, and MS Office skills; you will coordinate with investment teams and external auditors.

Qualifications

• Bachelor's degree in Accounting, Finance or business-related field, or equivalent work experience.
• Five or more years of related experience in portfolio/partnership accounting, finance or portfolio management.
• Thorough knowledge in accounting, reporting, and analysis.
• Ability to identify and resolve complex problems with minimal guidance.
• Ability to manage multiple tasks and deadlines simultaneously.
• Effective interpersonal, verbal and written communication skills.
• Proficient with Microsoft Office applications.

Responsibilities

• Calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors.
• Act as primary fund accountant on multiple relationships; ensure all fund accounting functions are GAAP compliant.
• Record trade information, income/expense activity and apply securities valuation.
• Enter and reconcile investor contributions and withdrawals in the partnership accounting system.
• Allocate fund profits to investors and prepare investor statements.
• Review fund expense analysis and expense processing.
• Prepare fund financial statements, audit and tax schedules.

Skills

Strong analytical skills

Effective communication

Attention to detail

Multi-tasking

Problem solving

MS Office proficiency

Education

Bachelor's degree in Accounting/Finance or related field

Tools

Microsoft Office

Job description

U.S. Bank is seeking a Financial & Regulatory Reporting Senior Associate to join a hybrid team based in Hackensack, NJ and Philadelphia, PA. You will lead fund accounting tasks, NAV calculations, and GAAP reporting for alternative investments.

The role requires a Bachelor's in Accounting/Finance, 5+ years of related experience, and strong communication, analytics, and MS Office skills; you will coordinate with investment teams and external auditors.