At U.S. Bank, we're on a journey to do our best. Our goal is to help customers and businesses make better and smarter financial decisions. We strive to enable the communities we support to grow and succeed.
Job Description
Senior Fund Accountant
US Bank Global Fund Services is a global market leader in fund administration. We adopt a client-centric service model that uses technology-driven solutions. As a result, employees gain excellent experience in servicing open/closed-end alternative investment hedge/private equity funds.
We're looking for talented individuals to continue growing our organization with challenging roles and excellent career prospects.
Responsibilities
1. Accurately and timely production of Net Asset Value per unit used for Investor deals and external publication.
2. Analytical view of each portfolio to determine and validate the positions/trades that cause the largest impact on NAV movements and investigate accordingly.
3. Ensure all positions are priced accordingly.
4. Verify corporate actions have been processed accurately.
5. Processing of periodic fund distributions.
6. Detailed daily/monthly review of funds.
7. Liaise and assist with audit queries on annual financial accounts.
8. Perform and review daily cash, manager, and counterparty position and MV reconciliations.
9. Coordinate with other departments on miscellaneous fund queries and reconciliations.
10. Liaise directly with clients, ensuring a consistently high standard of service.
11. Training of new staff.
12. Proactively manage daily reconciling items using appropriate internal and client escalation controls.
13. Processing of accounting transactions on valuations system.
14. Review of all processes with a view to streamlining and creating efficiency.
Requirements
1. Degree in Business or Finance related discipline.
2. Minimum 2 years' fund accounting background with experience in Alternative/Mutual funds.
3. Ability to demonstrate supervisory and review experience with the daily reconciliation and NAV process.
4. High level of numeracy skills.
5. Good organisational skills and attention to detail.
6. Excellent PC skills – knowledge of Microsoft Word and Excel.
7. Self-motivated and proactive.
8. Communicative with the ability to work well within a team.
We offer a range of benefits and total rewards designed to support your whole self, both inside and outside of work.