Financial 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.

Location : Chicago, IL

Job Description

We are seeking a detail‑oriented and strategic Financial Reporting Manager to lead a team responsible for the preparation and analysis of financial statements for our investment portfolios. This role is critical in ensuring compliance with regulatory and accounting standards and maintaining accurate reporting. The ideal candidate will have a strong background in investment accounting, GAAP reporting, and team leadership.

Essential Functions

• Oversee a team responsible for the preparation and review of financial statements (e.g., statement of assets and liabilities, schedule of investments, statement of operations, statement of changes in net assets, statement of cash flows, accompanying financial footnotes and tailored shareholder reports) and the accompanying support packages for mutual funds, ETFs, and other investment vehicles.
• Ensure compliance with SEC, GAAP, and regulatory reporting requirements.
• Coordinate with external auditors and manage audit processes.
• Lead and mentor a team of financial analysts and reporting specialists.
• Assist in developing and maintaining internal controls over financial reporting.
• Monitor changes in accounting standards and assess their impact on reporting processes.
• Provide training and technical guidance to staff regarding changes in regulations and procedures.
• Drive process improvements and automation initiatives within the reporting function.

Basic Qualifications

Preferred Skills / Experience

The role offers a hybrid / flexible schedule, which means there's an in‑office expectation of three (3) or more days per week.

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

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.

Pay Range : $132,260.00 – $155,600.00

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.

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

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