Financial Analyst

Northwestern Mutual • Houston, TX

1d • $77,000 - $115,000 • Onsite

About The Position

The Financial Analyst collaborates with the highest-level to manage financial functions and assess performance of the firm. The ideal candidate must have superb organization skills, exceptional attention to detail, and high ownership of responsibilities. This is a critical, deadline-driven role in an organization with high growth trajectory - a great opportunity for those who value broad responsibilities and seek opportunities for accelerated professional growth.
This position is full-time, direct hire, located in Houston, Texas.

Requirements

• Bachelor’s degree in accounting or finance preferred.
• Strong proficiency in MS Excel, including formulas and functions, pivot tables, VLOOKUP’s, nested IF statements, including advanced functions.
• Possess strong quantitative and analytical skills.
• Excellent communication skills, able to communicate professionally at all levels.
• High sense of urgency and ability to meet deadlines with minimal supervision.
• Impeccable attention to detail with superb organization skills and ability to multi-task.
• Minimum 3 years of financial modeling and projection, financial reporting, budgeting, and accounting cycle and payroll management experience.
• Ability to maintain utmost confidentiality.

Responsibilities

• Provide financial planning, reporting, and analysis support for the Network Office and Financial Advisors.
• Co-lead the annual office production goal setting, financial budgeting, long-term forecasting, and business planning processes.
• Prepare and maintain daily, weekly, and monthly reporting, including sales and production results, activity tracking, contest qualifications, program payments, cash flow, and budget variance reporting.
• Enhance and maintain reporting tools, dashboards, and performance tracking systems to improve data accessibility, reporting efficiency, and business decision-making.
• Track advisor activity, production stipends, and program qualifications; analyze program effectiveness and identify opportunities to improve performance.
• Build financial models and provide analytical support to office leaders and Financial Advisors to inform business decisions.
• Review and track leadership compensation splits, advisor incentives, and office cost-sharing arrangements.
• Support leadership with ad hoc projects, scenario analysis, ROI evaluation, performance assessment, and related reporting.
• Maintain accurate accounting records for the office using Northwestern Mutual’s Field Financial System.
• Manage the month-end close process, including timely review, reconciliation, and reporting activities.
• Oversee monthly accounts payable, accounts receivable, and credit card payment processes.
• Prepare, review, and reconcile general ledger entries, including the classification of office credit card charges.
• Manage interoffice invoicing, cost allocations, and shared expense calculations.
• Monitor banking activity and complete monthly bank reconciliations.
• Prepare and maintain semi-monthly cash flow forecasts to support liquidity planning and financial decision-making.
• Review monthly financial statements, production results, and variance analyses to evaluate office performance, identify trends, and support leadership decision-making.
• Support monthly financial reviews with office leadership and prepare required financial reporting submissions.
• Administer year-end 1099 reporting and issuance for the office.
• Partner with the outside CPA on tax payments, preparation, and filing of annual federal and state tax returns.
• Partner with technology and office teams to maintain accurate fixed-asset and inventory records.
• Process semi-monthly Financial Representative (FR) commissions payments - review/release ACH, address advisor questions and administer commission escrow and production allowance.
• Oversee manual compensation and fee-split calculations performed by the external accounting team, ensuring accuracy and compliance with established compensation arrangements.
• Maintain commission and fee-split calculation schedules and ensure all compensation data remains accurate and current.
• Manage commission processing calendars and payment timelines to ensure all payment deadlines are met.
• Administer financial representative rent recoveries and office usage charges.
• Manage commission processing timelines and payment calendars to ensure all deadlines are met.
• Monitor financial representative indebtedness and process collection procedures, as necessary.
• Administer and track Financial Representative mobility activities and associated compensation impacts.
• Administer and process payroll activities for office staff.
• Administer and process 401(k) plan deferrals and employer match.
• Maintain annual recordkeeping for 401(k) plan.
• Administer and input all new hires, employee Adds/Changes/Deletes, for payroll, health benefits, retirement plans, status changes, and data updates as required.

Benefits

• Comprehensive medical coverage with employer contribution.
• Safe Harbor 401(k) with employer match.
• Annual discretionary bonus opportunity.
• Generous paid time off (PTO) and holiday pay.
• Employer-paid life and disability insurance.
• Dynamic career growth opportunities.
• Employer-sponsored licensing, professional development, and education opportunities.
• Flexible work arrangements, where applicable.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level