Wealth Accounting & Compliance Specialist

Northwestern Mutual; Milwaukee (WI); On-site; USD 61,000 - 91,000; Full time

Benefits offered by this job

Flexible work schedules

Concierge service

Comprehensive benefits

Employee resource groups

Job summary

Northwestern Mutual seeks a Wealth Accounting Specialist to ensure accurate accounting for investment products and services subsidiaries. The role covers month-end close, analysis, and system/process improvements, with collaboration across teams and auditors.

You'll prepare journal entries, reconcile accounts, and assist with regulatory filings and examinations, including SEC, FINRA, and OCC requests. Strong accounting background and attention to detail are essential.

Qualifications

• Bachelor's degree in accounting or business with accounting emphasis.
• Minimum 1 year of relevant professional accounting experience.
• CPA designation or CPA candidate preferred.
• Experience with GAAP accounting in insurance/financial services.
• Proficiency with end-user reporting tools and strong communication.

Responsibilities

• Prepare accurate journal entries and reconcile accounts in a timely manner.
• Review transactions from internal systems and third-party vendors.
• Research and resolve reconciliation issues and variances.
• Analyze balance sheet and income statements for accuracy and trends.
• Assist system/process improvements and support auditors and regulators.

Skills

GAAP accounting

Journal entries

Account reconciliation

Financial analysis

Attention to detail

Effective communication

Auditing support

Regulatory knowledge

Education

Bachelor's degree in accounting

Business degree with accounting emphasis

Tools

End-user reporting tools

Job description

Northwestern Mutual seeks a Wealth Accounting Specialist to ensure accurate accounting for investment products and services subsidiaries. The role covers month-end close, analysis, and system/process improvements, with collaboration across teams and auditors.

You'll prepare journal entries, reconcile accounts, and assist with regulatory filings and examinations, including SEC, FINRA, and OCC requests. Strong accounting background and attention to detail are essential.