Syndication Accountant
Apply NowCompany: U.S. Bank
Location: Minneapolis, MN 55407
Description:
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
Performs and provides training, coaching, and support for complex accounting and ensures compliance with internal controls and best practices for various accounting areas, including federal and state syndications; tax credit transfers; secured borrowing; variable considerations; and book/tax differences.
Basic Qualifications
Bachelor's degree in accounting or finance, or equivalent work experience
Six or more years of accounting experience
Preferred Skills/Experience
Proficient computer skills, especially Microsoft Excel and Microsoft Access
Considerable knowledge of Generally Accepted Accounting Principles (GAAP) and knowledge of SEC banking regulations
Considerable experience in accounting, reporting, and analysis with a preference for specific experience in investment and tax credit accounting and reporting
Strong skill in the areas of problem solving, data analysis, and process improvement
Experience leading others
Collaboration and teamwork oriented
CPA or Accounting degree preferred
Ability to learn quickly and be resourceful
Syndication or investment accounting experience
The role offers a hybrid/flexible schedule, which means there is an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. Hybrid/flexible schedule subject to change upon management discretion.
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 (some may vary based on role, location or hours):
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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98,175.00 - $115,500.00 - $127,050.00
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.
Job Description
Performs and provides training, coaching, and support for complex accounting and ensures compliance with internal controls and best practices for various accounting areas, including federal and state syndications; tax credit transfers; secured borrowing; variable considerations; and book/tax differences.
- Prepares syndication general ledger entries based on accounting policies and processes.
- Maintains and provides oversight of syndication general ledger accounts using a variety of applications and multiple data sources.
- Collaborates cross-functionally to improve and automate accounting processes, procedures, and controls.
- Prepares feeder reports for SEC and other regulatory reporting.
- Researches and responds to inquiries regarding syndication accounting transactions, policies, procedures, and general inquiries.
- Estimates and analyzes month-end financial impacts and provides variance to forecast explanations.
Basic Qualifications
Bachelor's degree in accounting or finance, or equivalent work experience
Six or more years of accounting experience
Preferred Skills/Experience
Proficient computer skills, especially Microsoft Excel and Microsoft Access
Considerable knowledge of Generally Accepted Accounting Principles (GAAP) and knowledge of SEC banking regulations
Considerable experience in accounting, reporting, and analysis with a preference for specific experience in investment and tax credit accounting and reporting
Strong skill in the areas of problem solving, data analysis, and process improvement
Experience leading others
Collaboration and teamwork oriented
CPA or Accounting degree preferred
Ability to learn quickly and be resourceful
Syndication or investment accounting experience
The role offers a hybrid/flexible schedule, which means there is an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. Hybrid/flexible schedule subject to change upon management discretion.
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 (some may vary based on role, location or hours):
- 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
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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98,175.00 - $115,500.00 - $127,050.00
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.