Investment Accounting Analyst

Allora; Milwaukee (WI); Hybrid; USD 61,000 - 91,000; Full time

Job summary

Northwestern Mutual in Milwaukee seeks an Investment Reporting Specialist to prepare precise financial reporting for fixed income and equity securities and related entities. You will help deliver monthly, quarterly, and annual statements to management, regulators, and auditors, while supporting data integrity of the investments system.

Requirements include a bachelor’s degree in accounting, at least 1 year of accounting experience, solid investment accounting knowledge, and strong Excel skills.

Qualifications

• Bachelor’s degree in accounting or related field or equivalent education/experience.
• Minimum of 1 year of relevant professional accounting experience.
• Strong working knowledge of accounting principles and practices related to investments.
• Demonstrated decision-making and analytical skills.
• Strong written and oral communication skills.

Responsibilities

• Assist in preparing investment portions of quarterly and annual regulator filings and audits.
• Close the PAM securities system monthly and reconcile assets, income, and gains/losses.
• Collaborate across departments to ensure accuracy of investment deals and transactions.
• Prepare additional periodic reporting as requested.
• Coordinate with external partners to ensure reporting accuracy.

Skills

Analytical skills

Communication

Excel

Accounting principles

Initiative

Education

Bachelor’s degree in accounting

Tools

PAM system

Job description

About the Job:

Prepare accurate financial reporting for fixed income and equity securities for Northwestern Mutual and related entities. Complete processes to ensure accurate monthly, quarterly and annual reporting to internal management as well as external agencies and auditors. Assist in the monthly data integrity process to ensure the accuracy of investments system and its associated financial processing routines in recording the assets, income, and gains and losses.

What You’ll Do:

• Assist in the preparation of the investment portion of the quarterly and annual statement filings with state insurance regulators and audited financial statements.

• Complete monthly closing of the Portfolio Asset Management (PAM) securities system and associated financial processing routines in recording the assets, income, and gains and losses of Northwestern Mutual and related entities to ensure that proper Statutory and U.S. GAAP principles are applied, including monthly reconciliations of the PAM systems.

• Proactively work across departments to ensure the accuracy of the investment deals and transactions.

• Prepare additional periodic reporting as requested.

• Work with external business partners to ensure accuracy of reporting.

What You’ll Bring to the Role:

• Bachelor’s degree in accounting, or related field or equivalent education plus experience required.

• Minimum of 1 year of relevant professional accounting experience.

• A strong working knowledge of accounting principles and practices related to investments a plus.

• Demonstrated decision-making and analytical skills.

• Strong written and oral communication skills.

• Ability to effectively maintain relations within divisions of Controllers and other company departments as needed.

• A high degree of personal initiative and self-motivation is required.

• Proficiency in Microsoft applications, specifically Excel.

Skills You’ll Have:

• Helps assess experience preparing, reviewing, or supporting financial reports.

• Addresses familiarity with investment instruments and securities-related accounting

• Evaluates foundational knowledge of controls supporting accurate financial reporting

• Foundational accounting knowledge.

• Evaluates foundational knowledge of controls supporting accurate financial reporting

#LI-Hybrid

Compensation Range:

Pay Range - Start:

$60,880.00

Pay Range - End:

$91,320.00

Geographic Specific Pay Structure:

Structure 110:

$66,960.00 USD - $100,440.00 USD

Structure 115:

$70,000.00 USD - $105,000.00 USD

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.

Grow your career with a best-in-class company that puts our clients’ interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.