Mutual Fund Admin Lead: Financial Reporting & Compliance

Northwestern Mutual; Milwaukee (WI); Hybrid; USD 61,000 - 105,000; Full time

Benefits offered by this job

Flexible work schedules

Concierge service

Comprehensive benefits

Employee resource groups

Job summary

Northwestern Mutual is seeking a Finance professional to support the Mutual Fund Administration division. You will oversee outsourced fund accounting and pricing, coordinate controls over daily mutual fund valuation, and prepare financial statements and regulatory disclosures.

Responsibilities include ensuring IRS/SEC compliance, engaging in projects for new products and regulations, and collaborating with internal teams and external partners.

Qualifications

• Bachelor's degree in Accounting or Finance
• Three years or less of prior accounting experience
• High degree of self motivation
• Proven ability to meet strict deadlines
• Strong oral and written communication skills
• Ability to work well with limited guidance
• Analytical and problem solving ability
• Ability to retrieve and use information from accounting system and other sources
• Previous mutual fund accounting or administration experience a plus
• Working knowledge of GAAP accounting for investments
• Ability to work well in a team environment

Responsibilities

• Perform oversight of outsourced service providers including but not limited to fund accounting and pricing services
• Execution and coordination of controls over daily valuation of mutual funds
• Preparation and review of financial statements and related financial materials and disclosures
• Provides financial information to meet the needs of internal and external customers, including preparing regulatory filings for the SEC, performance calculations and marketing information
• Responsible for mutual fund compliance with the IRS, SEC and all other regulators
• Researches and engages in various projects associated with new products, new funds, new regulations, system enhancements and ad hoc requests
• May be asked to assist on projects
• May be asked to identify book to tax differences and oversee the preparation of the excise and fiscal tax calculations for the mutual funds
• Demonstrates ability to work with internal and external contacts such as information systems, investment traders, auditors, brokers, custodians and investment advisors

Skills

Data storytelling

Learning agility

Financial reporting

Cross-functional planning

Business automation

GAAP knowledge

Financial analysis

Consulting

Audits

Education

Bachelor's degree in Accounting or Finance

Job description

Northwestern Mutual is seeking a Finance professional to support the Mutual Fund Administration division. You will oversee outsourced fund accounting and pricing, coordinate controls over daily mutual fund valuation, and prepare financial statements and regulatory disclosures.

Responsibilities include ensuring IRS/SEC compliance, engaging in projects for new products and regulations, and collaborating with internal teams and external partners.