Senior Fund Accountant

U.S. Bank; Milwaukee (WI); On-site; USD 76,000 - 89,000; Full time

Benefits offered by this job

Healthcare

401(k) plan

Paid vacation

Holiday pay

Adoption assistance

Job summary

U.S. Bank Global Fund Services is seeking a Senior Fund Accountant to support the Fund Accounting team. You will maintain GLs for mutual funds, ETFs, and other pools, perform NAV calculations, reconciliations, and corporate actions, and collaborate with administrators and custodians to ensure GAAP and SEC compliance.

The role involves a standard 8:30–5:30 schedule with potential shifts and locations in Tempe, AZ or Milwaukee, WI. A Bachelor's degree and 3+ years of experience are required.

Qualifications

• Bachelor's degree in accounting or finance or equivalent work experience.
• Three or more years of accounting or finance experience.
• Fund accounting experience with mutual funds/ETFs and related instruments.

Responsibilities

• Prepare daily general ledger accounting and NAV calculations.
• Perform reconciliations with prime brokers, banks, and custodians.
• Process corporate actions, accruals, and expense payments.
• Collaborate with administrators and auditors to ensure GAAP and SEC compliance.

Skills

Fund accounting

Communication

Attention to detail

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Office

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.

Job Description

U.S. Bank Global Fund Services is seeking a future team member for the role of Senior Fund Accountant to support our Fund Accounting team.

As a Senior 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
• Three or more years of experience in accounting or finance activities

We’re excited to talk with you if you have:

• Prior Fund Accounting Experience with knowledge of Mutual Funds, Exchange Traded Funds (ETFs), Derivatives, Bonds, Etc.
• Working knowledge and experience with Swap (or Exchange) funds
• Ability to communicate and research information with clients, for audits, etc.
• 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.

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.

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: $75,820.00 - $89,200.00

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.

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