Fund Accountant

U.S. Bank • Tempe, AZ

5d • Hybrid

About The Position

U.S. Bank Global Fund Services is seeking a Fund Accountant to support its Fund Accounting team. This role is responsible for maintaining the general ledger and records of various funds, including mutual funds, exchange-traded funds, local government investment pools, and closed-end funds. The position involves producing end-of-day net asset value calculations, 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. The Fund Accountant will also perform portfolio reconciliations and collaborate with internal and external administrators, transfer agencies, and prime brokers/custodians on compliance, audit, and financials, ensuring adherence to SEC regulations and GAAP principles.

Requirements

• 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
• Ability to analyze data
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Responsibilities

• Maintain the general ledger and records of mutual funds, exchange-traded funds, local government investment pools, and closed-end funds.
• Produce end-of-day net asset value calculations.
• Prepare daily general ledger accounting.
• Perform prime broker/bank cash reconciliations.
• Process advisor/portfolio management activities.
• Apply corporate actions.
• Post expense accruals and payments.
• Determine daily net asset value and mill rates.
• Conduct portfolio pricing analysis and validations.
• Distribute internal and external information in a timely manner.
• Perform portfolio reconciliations.
• Partner with internal and external administrators, transfer agencies, and prime brokers/custodian relationships.
• Collaborate on compliance, audit, and financials.
• Ensure 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level