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Senior Fund Accountant

U.S. Bank

U.S. Bank

Accounting & Finance
Dublin, Ireland
Posted on Nov 4, 2024

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.

Job Description

Senior Fund Accountant -

US Bank Global Fund Services is a global market leader in Fund Administration. With a focus on technology driven solutions, US Bank Global Fund Services Ireland Ltd. adopts a client centric service model, where all aspects of NAV production are delivered from City Quay in Dublin 2. As a result, employees gain excellent experience encompassing all services associated with servicing open/closed-end alternative investment hedge/private equity funds. We are looking for the best talent to continue to grow our organisation with challenging, dynamic roles and excellent career prospects.

Responsibilities:

  • Accurate and timely production of the Net Asset Value per unit that’s is used for Investor deals and external publication

  • Analytical view of each portfolio to determine and validate the positions/trades that cause the largest impact on the NAV movements and investigate accordingly

  • Ensure all positions are priced accordingly

  • Verify corporate actions have been processed accurately

  • Processing of periodic fund distributions

  • Detailed daily/monthly review of funds

  • Liaise and assist with audit queries on annual financial accounts

  • Perform and review daily cash, manager and counterparty position and MV reconciliations

  • Co-ordinate with other departments on miscellaneous fund queries and reconciliations

  • Liaise directly with clients, ensuring a consistently high standard of service

  • Training of new staff

  • Proactively manage daily reconciling items using appropriate internal and client escalation controls

  • Processing of accounting transactions on valuations system

  • Review of all processes with a view to streamlining and creating efficiency

Requirements:

  • Degree in Business or Finance related discipline

  • Minimum 2 years’ fund accounting background with experience in Alternative/Mutual funds

  • Ability to demonstrate supervisory and review experience with the daily reconciliation and NAV process

  • High level of numeracy skills

  • Good organisational skills and attention to detail

  • Excellent PC skills –knowledge of Microsoft Word and Excel

  • Self-motivated and proactive

  • Communicative with the ability to work well within a team

  • Knowledge of Advent Geneva an advantage

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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.