Mutual Fund Administration Senior Specialist

Northwestern Mutual•Milwaukee, WI

8d•$70,320 - $121,320•Hybrid

About The Position

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.

Requirements

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
A working knowledge of GAAP and/or tax accounting for investments.
Ability to work well in a team environment

Nice To Haves

CPA or CPA candidate preferred
Previous mutual fund administration, mutual fund accounting, or investment company audit experience preferred.

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