Mutual Fund Administration Sr Spec

Summary

The Mutual Fund Administration (MFA) division is responsible for fund administration related to the Northwestern Mutual Series Fund which consists of 30 portfolios. MFA is also responsible for accounting and financial reporting related to Northwestern Mutual's variable annuity and variable life separate accounts.

Primary Duties and 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 Securities and Exchange Commission, 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 lead small project efforts and assist on complex 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.
• Recommends and reviews new methods to allow for added process/control improvements

Qualifications

• Bachelor's degree in Accounting or Finance
• Three years 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
• Demonstrated superior analytical and problem solving ability
• Demonstrated ability to retrieve and utilize information from accounting system and other sources
• CPA or CPA candidate preferred
• Previous mutual fund administration, mutual fund accounting, or investment company audit experience preferred.
• A working knowledge of GAAP and/or tax accounting for investments.
• Ability to work well in a team environment

Compensation Range:

Pay Range - End:

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 who welcomes and encourages diversity in the workforce. 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.

We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.

• Flexible work schedules
• Concierge service
• Comprehensive benefits
• Employee resource groups