Financial & Regulatory Reporting Manager

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

This role will join the financial reporting team that oversees and manages the external financial reporting function for various clients across the organization.

• Ownership over the review and delivery of monthly / quarterly unaudited financial statements for various hedge funds and private equity funds to client(s)

• Prepare/review annual audited financial statement disclosures in conjunction with preparation/review of U.S. GAAP and SOC-1 checklist

• Coordinate annual audits with external audit firms

• Perform disclosure research and consult with management and external auditor to ensure proper disclosures are prepared for non-routine transactions

• Assess and refine current data collection practices and the chart of accounts to capture the granular level of detail required for ILPA reporting.

• Oversee the calculation and presentation of fund-level performance metrics, and a detailed breakdown of all fees, expenses, and carried interest, including offset calculations.

• Lead initiatives to streamline existing processes through technology, automation and other improvement opportunities

• Develop and mentor both onshore and offshore team members, fostering a strong culture of accountability, performance and continuous learning and growth

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 related field, or equivalent experience
- Five or more years of experience in alternative investments industry

Preferred Skills/Experience

- Working knowledge of Microsoft Office products, PCS (Investran) and/or Cascade
- Basic knowledge of Advent applications preferred
- General knowledge and understanding of portfolio accounting and the investment management industry
- Excellent verbal and written communication skills
- Proven team-oriented, leadership and organizational skills
- CPA or CFA certification preferred

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• 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

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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.

Posting may be closed earlier due to high volume of applicants.