U.S. Bank · 14 hours ago
Alternative Investment Accountant
New York, NY
Full-time
Hybrid
Entry, Mid Level
$71K/yr - $84K/yr
2+ years expU.S. Bank is on a journey to help customers and businesses make smarter financial decisions. They are seeking an Alternative Investment Accountant to provide accounting, administration, and investor servicing for various investment funds.
BankingFinancial ServicesInsuranceMortgageWealth Management
Responsibilities
Provide accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products
Calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors
Acting as primary fund accountant on multiple relationships
Ensures all fund accounting functions are in 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
Qualification
Required
Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience
Two to five years of related experience, preferably in portfolio/partnership accounting
Preferred
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
Company
U.S. Bank
At U.S.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$991MKey Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO
Leadership Team
John C Stern
CFO
Shruti Patel
Executive Vice President & GM, CPO- Business Banking segment
Recent News
2026-01-22
2026-01-20
2026-01-20
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