Fund Accounting Manager

About the role

The Fund Accounting Manager role supports the Fund Accounting team at U.S. Bank Global Fund Services. This role is open to candidates with 5+ years of experience and is open to multiple levels based on experience.

Responsibilities

• Maintain the general ledger and records of mutual funds, exchange-traded funds, local government investment pools, and closed-end funds of varying complexity.
• 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.
• Partner with various internal/external administrators, transfer agencies, and prime brokers/custodian relationships to collaborate on compliance, audit, and financial matters, ensuring all Fund Accounting functions are compliant with SEC regulations and GAAP principles.

Requirements

• Bachelor's degree in accounting or finance, or equivalent work experience.
• Five or more years of experience in accounting or finance activities.

Qualifications

• Experience working with exchange-traded funds, mutual funds, etc.
• Previous Fund Accounting experience, especially with ETF basket processing.
• Thorough knowledge of accounting, reporting, and analysis.
• Ability to identify and resolve exceptions and analyze data.
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and collaboration abilities.
• Attention to detail and accuracy.

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
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
• Adoption assistance
• Equity stock purchase
• Comprehensive benefits package

Pay

$98,175.00 - $115,500.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants 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.