Senior Fund Accounting & Regulatory Reporting Lead

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

Benefits offered by this job

Healthcare

Paid vacation

Paid holidays

401(k) plan

Adoption assistance

Disability insurance

Job summary

U.S. Bank is seeking an Alternative Investments Associate/Accountant to support hedge funds, private equity funds, and closed-end products. You will compute NAVs, prepare financial statements, and handle investor communications under GAAP, ensuring accurate records and timely reporting.

The role requires working from a U.S. Bank location multiple days weekly and collaboration with cross-functional teams to deliver reliable accounting services and insights.

Qualifications

• Bachelor's degree in Accounting, Finance or related field, or equivalent work experience.
• Five or more years of related experience in portfolio/partnership accounting, finance or portfolio management.

Responsibilities

• Calculate net asset value (NAV) and disseminate financial and performance information to investment advisor and investors.
• Serve as primary fund accountant on multiple relationships ensuring GAAP-compliant fund accounting.
• Enter and reconcile investor contributions/withdrawals; allocate fund profits to investors for statements.
• Prepare fund financial statements, audit and tax schedules.

Skills

Accounting knowledge

Analysis

Problem solving

Communication

MS Office

Education

Bachelor's degree in Accounting/Finance/business

Tools

Microsoft Office

Job description

U.S. Bank is seeking an Alternative Investments Associate/Accountant to support hedge funds, private equity funds, and closed-end products. You will compute NAVs, prepare financial statements, and handle investor communications under GAAP, ensuring accurate records and timely reporting.

The role requires working from a U.S. Bank location multiple days weekly and collaboration with cross-functional teams to deliver reliable accounting services and insights.