Senior Manager Fund Accounting

UMB Bank; Milwaukee (WI); On-site; USD 141,000 - 208,000; Full time

Benefits offered by this job

Paid Time Off

401(k) matching

Annual incentive pay

Health insurance

Tuition reimbursement

Wellbeing program

Job summary

UMB Bank in Milwaukee, WI seeks a full-time Fund Accounting Manager to lead a hybrid team overseeing NAV accounting, pricing, and reconciliation for client mutual funds. You will coordinate with managers, HR, and clients to ensure accuracy and timely reporting.

The role emphasizes training, performance management, and process improvement across in-office and remote resources, with a compensation range reflecting senior responsibilities.

Qualifications

• Bachelor's degree in Accounting, Finance, Investment Banking, Economics, International Business, or equivalent.
• At least ten years of fund accounting or related experience.
• At least three years of supervisor or management experience in fund accounting, preferably.
• CPA is preferred.

Responsibilities

• Oversee daily, weekly, and monthly NAV accounting, pricing, review, and reconciliation for multiple client mutual funds.
• Lead fund accounting managers and teams, providing training and development.
• Manage staffing, performance records, and salary actions.
• Develop performance objectives and development plans for managers and teams.
• Collaborate with HR on disciplinary actions as needed.
• Serve as escalation point for team issues and client communications.
• Manage client launches, fund setup, pricing policies, and reporting needs.
• Support audit requests and improve system functionality and efficiency.
• Coordinate with advisers, traders, custodians, and auditors to ensure compliance.

Skills

Fund accounting

Team leadership

NAV accounting

Client service

Excel

In-house software

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Office

Job description

Hybrid

Milwaukee WI

Full time

R-9340

Duties & Responsibilities

• Oversee the daily, weekly, and monthly activities of a fund accounting team consisting of individuals varying in skill levels from Manger to entry level Fund Accountants. Interacts with clients and ensures team delivers daily NAV accounting, pricing, review, and reconciliation functions for funds for several client mutual funds.
• Manage a teams of fund accounting managers
• Ensures team receives technical, industry and client specific training and acts as a resource for the team
• Manages manager time, salary, and performance records; initiates change of assignments, salary increases, conducts performance appraisals and management activities, and recommends staffing changes
• Develop and communicate performance objectives and individual development plans for managers. Works with Managers to do same for their teams.
• Collaborate with Human Resources on any disciplinary action needed
• Act as escalation point for any issues the team is experiencing
• Assess current policies and procedures
• Escalation and strategic contact for clients being serviced by the team
• Manage client launches for Fund Accounting, including working with the advisor to establish the appropriate fund set-up, pricing policies, reporting needs, trade delivery methods, etc. to ensure a smooth transition.
• Support Managers to ensure audit requests for various auditors, both internal and external requests are complete and timely.
• Work with Head of fund Accounting to improve system functionality and prioritize enhancements needed for efficiency
• Oversee testing for new releases to the accounting system and assist presenting the upgrade features to the Fund Accountants
• Develop/maintain strong working relationship(s) with advisors, traders, trading assistants, portfolio managers, custodians and auditors
• Identify and propose solutions for daily accounting and pricing issues
• Partner with various internal/external parties to ensure compliance with SEC, IRS, and GAAP reporting regulations.
• Review management exception reports – elevate and facilitate any necessary changes to the system
• Other duties as assigned.

Knowledge & Skills

MINIMUM:

• Excellent analytical and organizational skills with strong attention to detail
• Advanced Microsoft Office skills and advanced Excel skills. Demonstrated aptitude and experience with in-house software
• Demonstrated managerial and teamwork skills
• Strong understanding of the industry and the changing environment while anticipating client needs
• Strong relationship development skills and an aptitude for client service
• Exhibit initiative in a high performing culture and have a track record of meeting or beating deadlines
• Demonstrates excellent work habits, attendance, and attitude
• Required to communicate effectively with clients and/or coworkers using common telecommunication and computer equipment
• Demonstrated ability to multi-task
• Demonstrate initiative both independently and within a diverse team or with a diverse range of people
• Experience managing in office, hybrid and fully remote associate team
• Proven ability to mentor and develop team members

Requirements

MINIMUM :

• Bachelor's degree in Accounting, Finance, Investment Banking, Economics, International Business. or any combination of education experience that would provide an equivalent background
• Ten (10) years Funding accounting or related experience
• Three (3) years Supervisor or Management experience, preferably in Fund Accounting

PREFERRED

• Certified Public Accountant

Work Environment:

Typical office environment. Occasional overnight travel may be required.

Supervision:

Manages a team of Fund Accountants including oversight, hiring, selection and performance management.

This position was posted on 08/28/2026. The application deadline for this position is 45 days from the posting date unless filled earlier.

Compensation Range:

$141,354 - $207,900

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.

• Paid Time Off
• a 401(k) matching program
• annual incentive pay
• paid holidays
• a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• health savings, flexible spending, and dependent care accounts
• adoption assistance
• an employee assistance program
• fitness reimbursement
• tuition reimbursement
• an associate wellbeing program
• an associate emergency fund
• and various associate banking benefits

Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?

You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

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