Financial and Regulatory Reporting Manager
About The Position
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. This role supervises a team of administrators responsible for providing accounting, administration, and investor servicing to investment companies and advisers. The manager serves as a trusted advisor to clients, continually assessing changing business and strategies, and providing expertise, tools, and information to support investment growth. The position acts as the escalation point for all clients assigned to the team, directing issue resolution and process changes to meet client needs. Additionally, the manager proactively identifies risk-related issues through qualitative and quantitative data review, anticipates obstacles, and implements mitigating solutions. Responsibilities include reviewing accounting and financial statement information for audit and tax reviews, documenting and setting up accounting principles for unusual investment types, and setting up/processing complex expense and incentive fee calculations and reconciliation items.
Requirements
- Bachelor's degree in accounting, finance or related field, or equivalent experience
- Seven to nine years of experience in alternative investments industry
Nice To Haves
- Working knowledge of Microsoft Office products
- Thorough knowledge of Advent applications preferred
- Thorough knowledge and understanding of portfolio accounting and the investment management industry
- Excellent verbal and written communication skills
- Proven team-oriented, leadership and organizational skills
- CPA or CFA certification preferred
Responsibilities
- Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers
- Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments
- Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs
- Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions
- Reviews the accounting and financial statement information provided for audit and tax reviews, documentation and set-up of the accounting principles for unusual investment types, and set-up/processing of complex expense and incentive fee calculations and reconciliation items
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
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
501-1,000 employees
