Accountant – Financial Reporting Operations

Job Description

Entry Level Accountant-Transfer Agency | U.S. Bank

The Tone:
This is a full-time, hybrid role at U.S. Bank, a prominent financial institution embarked on a journey to deliver its best, empowering customers and businesses to make smarter financial decisions and fostering growth in its communities. U.S. Bank deeply values each individual’s potential, believing that diverse talents collectively drive its shared ambition. This commitment translates into a wide range of career opportunities designed for team members to discover new skills and excel from day one. This Entry Level Accountant position within the Transfer Agency is an excellent launchpad for an accounting career, offering hands-on experience in critical financial reporting, reconciliations, and broader accounting operations. The role is essential for supporting general ledger activities, ensuring accurate financial statements, and maintaining robust accounting systems and controls, providing valuable exposure to management, auditors, and regulatory reporting.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid
• Pay: $22–$30 hourly
• Mission: To support general ledger activities, prepare accurate financial statements and reports, and help maintain effective accounting systems and controls.
• Tech Stack: Microsoft Office applications

What You’ll Actually Do
• Accounting Control: Maintain adequate accounting and control mechanisms across various financial functions to ensure compliance and accuracy.
• Account Reconciliation: Systematically maintain and reconcile general ledger and subsidiary ledger accounts, verifying all transactions and balances.
• Financial Reporting: Prepare and deliver accurate financial statements and a variety of other financial reports for internal and external use.
• System Management: Maintain and actively contribute to the development of automated accounting systems, ensuring robust controls and efficient procedures are in place.
• Regulatory Reporting: Prepare and develop specialized reports tailored for management review and submission to relevant regulatory authorities.
• Inquiry Resolution: Respond comprehensively to inquiries regarding accounting policies, procedures, and emerging issues from management, external auditors, and regulatory bodies.

The Must-Haves
• Background: An Entry-Level professional holding a Bachelor’s degree in accounting or finance, or possessing equivalent practical work experience in a related field.
• Experience: Two to three years of practical experience in various financial accounting activities.
• Skills: Proficient computer skills, particularly with Microsoft Office applications; thorough foundational knowledge of Generally Accepted Accounting Principles (GAAP) and other pertinent financial regulations; and a comprehensive understanding of accounting, reporting, and analysis methodologies.
• Bonus: Demonstrated ability to effectively identify and resolve exceptions in financial data and strong analytical skills for data interpretation.