Mutual Fund Accounting and Financial Reporting Manager

National Rural Electric Cooperative Association; Virginia, Arlington (MN, TX); Remote; USD 80,000 - 110,000; Full time

Job summary

An established industry player is seeking a seasoned finance professional to lead accounting and financial reporting for mutual funds. This remote opportunity offers the chance to manage compliance with SEC regulations and U.S. GAAP standards while collaborating across departments. You will oversee the production of financial statements, coordinate audits, and present financial highlights to the Board of Directors. The role demands strong technical skills in mutual fund accounting and a commitment to service excellence in a culture that values diversity and inclusion. Join a team that prioritizes innovation and integrity in its mission.

Qualifications

• 10+ years of experience in accounting/financial reporting for mutual funds.
• Strong technical skills in mutual fund accounting and reporting.

Responsibilities

• Manage production of shareholder reports and financial statements.
• Oversee compliance with SEC regulations and U.S. GAAP standards.
• Coordinate annual external audits and ensure compliance.

Skills

Mutual Fund Accounting

Financial Reporting

SEC Regulations

US GAAP

Communication Skills

Organizational Skills

Collaboration Skills

Microsoft Office Suite

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Job description

NRECA is a unique national trade association providing advocacy, financial services, and business support to over 900 consumer-owned electric cooperatives across the country. Our employees are united by our mission, inclusive culture, collaborative workplace, and commitment to service excellence. As a "best place to work," we operate with integrity, transparency, and a spirit of innovation.

Position Summary:

REMOTE Work OPPORTUNITY!

The Finance department at NRECA manages accounting, financial planning/budgeting, and procurement operations supporting NRECA and its affiliated organizations. We are seeking a team member to lead accounting and financial reporting for Homestead Funds, overseeing compliance with SEC regulations and U.S. GAAP standards. This role involves collaboration across departments and providing financial insights and oversight for the funds.

Essential Duties and Responsibilities:

1. Manage production of shareholder reports, financial statements, and investment schedules, ensuring accuracy and timeliness.
2. Review and approve SEC filings prepared by service providers.
3. Oversee service providers handling accounting, tax compliance, and SEC filings.
4. Present quarterly financial highlights and other reports to the Funds' Board of Directors.
5. Coordinate annual external audits and ensure compliance across departments and service providers.
6. Manage fund income/capital gain distributions, tax return preparations, and filings.
7. Assist in preparing the annual Prospectus/N-1A filings for shareholders and SEC submission.
8. Support data updates on the data warehouse and website.
9. Participate in the Advisers' Valuation Committee, overseeing valuation matters and disclosures.
10. Stay updated on SEC, GAAP, and IRS regulations affecting mutual fund accounting.
11. Lead projects related to SEC regulation changes, process improvements, and fund modifications, providing advisory support to the Homestead team and directly supporting the Treasurer/Principal Financial Officer.
12. Travel to Arlington, VA, four times annually for Board meetings.

Qualifications:

Required:

• Bachelor's degree in Accounting, Finance, or related field, or equivalent experience.
• 10+ years of progressive accounting/financial reporting experience in mutual funds.
• Experience with mutual fund reporting, SEC regulations, and US GAAP.
• Strong technical skills in mutual fund accounting and reporting.
• Excellent organizational, communication, and collaboration skills.
• Proficiency in Microsoft Office suite.

Preferred:

• Corporate accounting experience.
• CPA license.

Additional Information:

We are committed to diversity and inclusion. All qualified applicants will receive consideration without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other protected classes. We provide reasonable accommodations for individuals with disabilities upon request.