Fund Accountant

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About the role

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation. We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do. Job Description Alternative Investments Associates and Accountants work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products. Key accountabilities: • Calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors. • Acting as primary fund accountant on multiple relationships, ensures all fund accounting functions are in completed in accordance with Generally Accepted Accounting Principles (GAAP). • Records trade information, income/expense activity and applies valuation of securities in the portfolio accounting system. • Enters and reconciles all investor contributions and withdrawals in the partnership accounting system. • Allocates fund level profits to individual investors for preparation and distribution of investor statements. • Reviews and coordinates fund expense analysis and expense processing. • Prepares fund financial statements, audit and tax schedules. Skills & experience required: • Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience. • Basic knowledge of Generally Accepted Accounting Principles (GAAP) • Ability to identify and resolve/escalate complex problems with minimal guidance • Ability to manage multiple tasks/projects and deadlines simultaneously • Effective interpersonal, verbal and written communication skills • Proficient computer navigation skills using a variety of software packages including Microsoft Office applications Additional information: The role offers a hybrid / flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.   This position is not eligible for visa sponsorship. Accessibility We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support. Total Rewards U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.   We offer a market-competitive compensation package that includes: • Clearly defined salary ranges aligned with industry benchmarks and internal equity standards. • Performance-based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance. • Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness). • Continuous development o

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