Fund Accountant I

Jackson•Chicago, IL

1d•Onsite

About The Position

Jackson National Asset Management, LLC (JNAM) is the investment manager responsible for selecting and monitoring the external asset managers of the JNL Funds – a series of proprietary mutual funds on the Jackson variable annuity platform – and providing the accounting and administrative services for the Funds. In addition, JNAM directly manages several risk-based multi-strategy fund-of-fund offerings available exclusively through Jackson products. Working in JNAM Operations At JNAM, we pursue individuals who exhibit dedication and willingness to learn in a high performing culture. We encourage collaboration and give our associates and leaders the freedom to speak openly and share new ideas. Our values guide our internal conduct and help define meaningful internal and external relationships. We attract and retain talent who believe in our culture and take ownership in delivering results. As one of Chicago’s largest money managers, working at JNAM provides the opportunity to work with complex investment offerings and well-known investment management firms. Our investment partners are selected and monitored through a rigorous due diligence process focused on performance, repeatability, operations, oversight, and fit. We firmly believe in the “One Jackson” approach: working closely with our parent company and other affiliates to achieve financial goals, while also recognizing our strength lies in the people we employ and communities we serve.

Requirements

Desire to learn about the financial services industry.
Analytical skills that can be used to research issues.
Ability to identify and effectively communicate issues affecting assigned funds.
Ability to handle multiple tasks and meet stringent deadlines without sacrificing quality.
Strong organizational and communication skills.
Ability to work both individually and within a team environment.
Deadline and detail oriented.
Bachelor's Degree in a business related field, accounting or finance preferred.
Prior mutual fund accounting experience preferred.

Nice To Haves

Ability to learn and become proficient in job-related software applications preferred.
Ability to understand and collaborate on business processes, rules and controls preferred.

Responsibilities

Accurate and timely calculation of daily Net Asset Values of several mutual funds.
Research and resolve cash and security reconciliations to custodian bank using Bloomberg and other resources.
Affirm and review security trade activity.
Evaluate income and expense accruals.
Instruct on short-term investment trades based on available cash.
Research security price fluctuations that break tolerance.
Prepare monthly reconciliation reports and semi-annual SEC filings.
Review peers' transaction journal for accuracy.
Contribute to process improvement and control strengthening initiatives, which may involve collaboration with other business units and technology subject matter experts.
Assist with coverage of funds as needed.
Communicate with outside parties to resolve discrepancies in the funds.