TA Accountant 1

U.S. Bank•Milwaukee, WI

3d•Hybrid

About The Position

U.S. Bank Global Fund Services provides services including fund administration, compliance, legal administration, fund accounting, custody, transfer agency, shareholder services, and alternative investment product services. Its Transfer Agent team serves more than 300 mutual fund, ETF, and alternative investment companies and their shareholders. The TA Accountant 1 is responsible for accurately reconciling and reporting shareholder cash and share activity across a portfolio of mutual funds. The role provides timely, reliable information to fund accountants, portfolio managers, investment advisors, and custody groups, while mitigating financial risk through the analysis of error reports, investigation of discrepancies, and processing of adjustments. Other work includes overseeing money movements, processing draft checks and commission payments, reporting incoming and outgoing wires, and preparing audit documents. The position contributes to continuous improvement, risk-based decision-making, and employee engagement in alignment with the Knowledge Management System. This role requires working from a U.S. Bank location three or more days per week. The stated schedule is Monday through Friday, 7:30 a.m. to 4:30 p.m.

Requirements

Bachelor's degree in accounting or finance, or equivalent work experience.
Two to three years of experience in financial accounting activities.
Effective verbal and written communication skills.
Ability to work under some strict deadlines.
Strong problem-solving, analytical, and time-management skills.
Ability to perform multiple complex tasks independently.
Ability to identify and resolve exceptions and analyze data.
Work from a U.S. Bank location three or more days per week.

Nice To Haves

Strong proficiency in Microsoft applications such as Excel; Copilot proficiency is a plus.

Responsibilities

Reconcile and report shareholder cash and share activity across a portfolio of mutual funds accurately.
Provide timely and reliable information to fund accountants, portfolio managers, investment advisors, and custody groups.
Analyze critical error reports, research discrepancies, and process necessary adjustments to ensure trading activity is accurately recorded and reconciled.
Execute and oversee money movements.
Process draft checks and commission payments.
Report incoming and outgoing wire activity.
Prepare documents for audits.
Contribute to continuous improvement, risk-based decision-making, and employee engagement in alignment with the Knowledge Management System.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability insurance.
Pregnancy disability and parental leave.
401(k) and an employer-funded retirement plan.
Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase.
401(k) contribution and pension, subject to eligibility requirements.