Fund Accountant

U.S. Bank National Association • Tempe, AZ

1d • $53,300 - $71,100 • Hybrid

About The Position

U.S. Bank Global Fund Services is seeking a future team member for the role of Fund Accountant to support our Fund Accounting team. As a Fund Accountant you will be a part of a team responsible for maintaining the general ledger and records of mutual funds, exchange-traded fund, local government investment pools and closed-end funds of varying complexity and producing end of day net asset value calculation. You will 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, etc. You will partner with various internal/external administrators, transfer agencies and prime brokers/custodian relationships collaborating on compliance, audit and financials, while ensuring all Fund Accounting functions are in compliance with 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 and to analyze data
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
• Must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Responsibilities

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