Senior Fund Audit & Reporting Leader

U.S. Bank; Tempe (AZ); On-site; USD 127,000 - 149,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability coverage

Parental leave

401(k) plan

Vacation & holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a Senior Manager to lead a team delivering audit support for client funds across registered fund services.

You will connect Fund Accounting, Fund Administration, Risk Management, and Derivatives to ensure timely, standardized, and review-ready audits, while strengthening reporting quality and control frameworks. You will oversee pre-audit readiness, manage multi-cycle audit processes, and partner with senior leaders to resolve complex reporting questions, ensuring accuracy

Qualifications

• Bachelor's degree in Accounting, Finance, Business or a related field, or equivalent relevant experience.
• Significant experience in registered fund accounting, including mutual funds and/or ETFs, NAV production, period-end close, reconciliations and financial reporting.
• Seven or more years of experience in fund accounting, fund administration or fund audit, including hands-on experience preparing for, coordinating or leading fund audits and managing auditor requests, deadlines, supporting documentation and issue resolution.
• Strong working knowledge of Statements of Investments, financial statements, trial balance relationships, supporting schedules and top-side adjustments.
• Extensive working knowledge of derivatives, including options, futures and short positions.
• Demonstrated ability to lead across functions and influence senior stakeholders without relying solely on direct reporting authority.
• Exceptional written and verbal communication skills, with the ability to explain technical issues, risks and decisions to auditors and senior management.
• Advanced Excel skills and strong knowledge of internal controls, operational risk, audit evidence, issue management and root-cause remediation.
• Ability to manage multiple audit cycles, deadlines and stakeholders while maintaining accuracy, sound judgment and attention to detail.

Responsibilities

• Manage and provide leadership to the team supporting client fund audits, setting priorities, assigning work and coordinating resources to ensure timely, high-quality audit support and responsive client communication.
• Lead planning and execution for semiannual and annual registered fund audits, including calendars, readiness milestones, ownership, dependencies and escalation protocols.
• Establish minimum standards for complete, accurate and consistent audit packages, including naming conventions, support expectations, review evidence, version control and final sign-off.
• Maintain an integrated view of audit status across fund complexes and identify capacity, timing, quality and dependency risks before deadlines are affected.
• Provide senior management with concise reporting on milestones, open requests, aging items, risks, decisions needed and corrective actions.
• Design and oversee pre-audit checks covering month-end cash completeness, accounting-date positions, past-due items, broker reconciliations and other high-risk balances.
• Coordinate readiness reviews, document exceptions, assign owners, track remediation and validate completion.

Skills

Communication skills

Advanced Excel

Cross-functional leadership

Education

Bachelor's degree in Accounting, Finance, or Business

Tools

Power Apps

Power BI

SharePoint

Job description

U.S. Bank is seeking a Senior Manager to lead a team delivering audit support for client funds across registered fund services.

You will connect Fund Accounting, Fund Administration, Risk Management, and Derivatives to ensure timely, standardized, and review-ready audits, while strengthening reporting quality and control frameworks. You will oversee pre-audit readiness, manage multi-cycle audit processes, and partner with senior leaders to resolve complex reporting questions, ensuring accuracy