Mutual Fund Accountant

Thrivent•Appleton, WI

4d•Hybrid

About The Position

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given. At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow. Job Summary This position is responsible for the daily accounting activity associated with pricing Mutual Funds, and Variable Products. The Fund Accounting Operations department exists to provide effective accounting and reporting principles and practices, in partnership with internal and external customers to achieve Thrivent's goals.

Requirements

Undergraduate degree in accounting or finance or strong accounting skills acquired through 1+ years' work experience in the Mutual Fund/Investment Company industry.
Proficiency in Excel highly desirable.
Knowledge and understanding of accounting and financial reporting principles for investments of Mutual Fund companies.
Strong analytical and problem solving skills.
Ability to multi-task and deal with tight deadlines in a team environment.
Detail orientation and strong organizational and time management skills.
Strong oral and written communication skills.

Responsibilities

Prepare, record, and analyze accounting activity for multiple investment portfolios.
Daily activities include preparing cash activity and projections for the portfolio managers, researching and verifying corporate actions, verifying daily interest, dividend and expense accruals, and posting security trade and shareholder activity.
Audit, resolve, and approve the daily net asset value/unit value calculations of funds on a daily basis to ensure no discrepancies remain undiscovered that would result in reporting an incorrect net asset value.
Prepare monthly reconciliation workpapers and other ad hoc reports as needed.
Ensure activity between the custodian and accounting system reconciles and correct any discrepancies.
Work with custodian to ensure that funds are receiving all entitled income and principal payments.
Participate in team functions such as pricing, running and distributing daily reports, and sending net asset information to various vendors.
Ensure all accounting activity and detail is accurate for Mutual Fund Accounting Reporting and Tax units. Assist them in meeting all deadlines if necessary.
Assist in preparation of materials for external auditors.