Accounting Manager

U.S. Bank • Tempe, AZ

1d • Hybrid

About The Position

At U.S. Bank Global Fund Services, we are seeking a future team member for the role of Fund Accounting Supervisor to support our Fund Accounting team. This role is responsible for maintaining the general ledger and records of mutual funds, exchange-traded funds, local government investment pools, and closed-end funds of varying complexity, and producing end-of-day net asset value calculations. The position involves preparing 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, and timely internal/external information distributions. You will also be responsible for portfolio reconciliations and partnering with various internal/external administrators, transfer agencies, and prime brokers/custodian relationships to collaborate on compliance, audit, and financials, ensuring all Fund Accounting functions comply with SEC regulations and GAAP principles.

Requirements

• Bachelor's degree in accounting or finance, or equivalent work experience.
• Five or more years of experience in accounting or finance activities.
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications.
• Ability to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Nice To Haves

• Previous Fund Accounting experience.
• Experience working with exchange-traded funds, mutual funds, etc.
• Thorough knowledge of accounting, reporting, and analysis.
• Ability to identify and resolve exceptions.
• Ability to analyze data.

Responsibilities

• Maintaining the general ledger and records of mutual funds, exchange-traded funds, local government investment pools, and closed-end funds.
• Producing end-of-day net asset value calculations.
• Preparing daily general ledger accounting.
• Performing prime broker/bank cash reconciliations.
• Processing advisor/portfolio management activities.
• Applying corporate actions.
• Posting expense accruals/payments.
• Determining daily net asset value and mill rates.
• Conducting portfolio pricing analysis and validations.
• Distributing internal/external information in a timely manner.
• Performing portfolio reconciliations.
• Partnering with internal/external administrators, transfer agencies, and prime brokers/custodian relationships.
• Collaborating on compliance, audit, and financials.
• Ensuring all Fund Accounting functions comply with SEC regulations and GAAP principles.

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
• Incentive and recognition programs
• Equity stock purchase
• Pension (all benefits are subject to eligibility requirements)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees