U.S. Bank · 14 hours ago
Fund Accounting Senior Associate
Hackensack, NJ
Full-time
Onsite
Mid, Senior Level
$92K/yr - $108K/yr
5+ years expU.S. Bank is on a journey to help customers and businesses make better financial decisions. The Fund Accounting Senior Associate will be responsible for providing accounting, administration, and investor servicing for private equity funds, ensuring compliance with GAAP while managing multiple fund accounting functions.
BankingFinancial ServicesInsuranceMortgageWealth Management
Responsibilities
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)
Enters and reconciles all investor contributions and withdrawals in the partnership accounting system
Prepare or review work-papers, prepare call and distribution letters, calculate carried interest, and allocate profits and losses in accordance with Fund Governing Agreement
Prepare management fee calculations and supporting schedules
Prepare work paper files for accuracy and completeness, including capital activity, income and expense accruals and investment activity
Qualification
Required
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
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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