Fund Accountant
U.S. Bank is on a journey to support customers and communities in making smarter financial decisions. They are seeking a Fund Accountant to maintain financial records and ensure compliance with regulations while producing net asset value calculations.
Responsibilities
- Maintaining the general ledger and records of mutual funds, exchange-traded fund, local government investment pools and closed-end funds of varying complexity
- Producing end of day net asset value calculation
- 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
- Partner with various internal/external administrators, transfer agencies and prime brokers/custodian relationships collaborating on compliance, audit and financials
- Ensuring all Fund Accounting functions are in compliance with SEC regulations and GAAP principles
Skills
- Bachelor's degree in accounting or finance, or equivalent work experience
- One to two years of experience in accounting or finance activities
- 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
Benefits
- 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
Company Overview