Alternative Investments Accountant

U.S. Bank

. Provide accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products .

Posted 9/29/2026full-timeUnited StatesMid-LevelSenior💰 $75,905 - $89,300 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in fund accounting, financial reporting, and analysis in accordance with GAAP, while effectively managing multiple tasks and deadlines. Proficient in utilizing accounting software and Microsoft Office applications to support investor servicing and financial statement preparation.

Highest-signal resume keywords

Fund AccountingGAAP ComplianceFinancial ReportingPCS (Investran) KnowledgeMicrosoft Office Proficiency

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Fund Accounting FunctionsNet Asset Value CalculationFinancial Statement PreparationValuation of SecuritiesExpense AnalysisTrade Information RecordingInvestor Contribution ReconciliationProfit AllocationAudit Schedule PreparationTax Schedule Preparation

Soft Skills

Effective CommunicationProblem SolvingInterpersonal SkillsTask ManagementDeadline Management

Tools & Technologies

Portfolio Accounting SystemPartnership Accounting SystemPCS (Investran)CascadeMicrosoft Office

Industry Keywords

Hedge FundsPrivate Equity FundsClosed-End Registered ProductsAccounting PrinciplesInvestor Servicing

About the role

Key responsibilities & impact

Provide accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products
Calculate net asset values and disseminate financial and performance information to investment advisors and investors
Act as primary fund accountant on multiple relationships
Complete fund accounting functions in accordance with Generally Accepted Accounting Principles (GAAP)
Record trade information and income/expense activity in the portfolio accounting system
Apply valuation of securities in the portfolio accounting system
Enter and reconcile investor contributions and withdrawals in the partnership accounting system
Allocate fund-level profits to individual investors for investor statements
Review and coordinate fund expense analysis and expense processing
Prepare fund financial statements, audit schedules and tax schedules

Requirements

What you’ll need

Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience
Less than two years of related experience
PCS (Investran) and Cascade knowledge a plus
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
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

Benefits

Comp & perks

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
Incentive and recognition programs
Equity stock purchase
401(k) contribution and pension