Senior Fund Accountant, Alternative Investments

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

Benefits offered by this job

Healthcare

Life insurance

Disability coverage

Parental leave

401(k)

Paid vacation

11 paid holidays

Adoption assistance

Sick leave accruals

Job summary

U.S. Bank seeks an experienced Alternative Investments Associate and Accountant to join a team supporting hedge funds, private equity funds and other closed-end products.

You will calculate net asset values, record trades and prepare financial statements in accordance with GAAP, linking fund activity to investors and advisors. The role requires a bachelor's in accounting/finance and 5+ years of related experience, with strong problem solving, communication and MS Office skills, and the ability

Qualifications

• Bachelor's degree in Accounting, Finance or business-related field.
• Five or more years of related experience, preferably in portfolio/partnership accounting, finance or portfolio management.
• Strong knowledge of GAAP and financial reporting standards.

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 advisors and investors.
• Record trades, reconcile investor contributions/withdrawals and prepare fund financial statements.
• Coordinate fund expense analysis and supporting schedules.

Skills

Accounting knowledge

Problem solving

multitasking

Communication skills

MS Office

Education

Bachelor's degree in Accounting/Finance or related field

Job description

U.S. Bank seeks an experienced Alternative Investments Associate and Accountant to join a team supporting hedge funds, private equity funds and other closed-end products.

You will calculate net asset values, record trades and prepare financial statements in accordance with GAAP, linking fund activity to investors and advisors. The role requires a bachelor's in accounting/finance and 5+ years of related experience, with strong problem solving, communication and MS Office skills, and the ability