Fund Accounting Senior Operations Associate

About the Role

Fund Accounting Senior Operations Associates and Accountants work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products. Individuals calculate net asset value(s), waterfalls and management fees. Typically possess intermediate concepts on how a private equity fund operates and ability disseminate financial and performance information to the investment advisor and their investors. Acting as primary fund accountant on multiple relationships ensuring all fund accounting functions are completed in accordance with Generally Accepted Accounting Principles (GAAP). Records trade information, income/expense activity and applies valuation of securities in the portfolio accounting system. Enters and reconciles all investor contributions and withdrawals in the partnership accounting system. Allocates fund level profits to individual investors for preparation and distribution of investor statements. Reviews and coordinates fund expense analysis and expense processing. Prepares fund financial statements, audit and tax schedules.

Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

Basic Qualifications

• Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience
• Five or more years of related experience, preferably in portfolio/partnership accounting, finance or portfolio management

Preferred Skills and Experience

• Thorough knowledge in accounting, reporting, and analysis
• Ability to identify and resolve/escalate complex problems with minimal guidance
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Effective interpersonal, verbal and written communication skills
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

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

Pay

Pay Range: $81,515.00 - $95,900.00