Investment Accounting Analyst at Northwestern Mutual in Milwaukee, WI Corporate

Job description

• Prepare accurate financial reporting for fixed income and equity securities for Northwestern Mutual and related entities. Complete processes to ensure accurate monthly, quarterly and annual reporting to internal management as well as external agencies and auditors. Assist in the monthly data integrity process to ensure the accuracy of investments system and its associated financial processing routines in recording the assets, income, and gains and losses.
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Responsibilities

• Assist in the preparation of the investment portion of the quarterly and annual statement filings with state insurance regulators and audited financial statements.
• Complete monthly closing of the Portfolio Asset Management (PAM) securities system and associated financial processing routines in recording the assets, income, and gains and losses of Northwestern Mutual and related entities to ensure that proper Statutory and U.S. GAAP principles are applied, including monthly reconciliations of the PAM systems.
• Proactively work across departments to ensure the accuracy of the investment deals and transactions.
• Prepare additional periodic reporting as requested.
• Work with external business partners to ensure accuracy of reporting.

Requirements

• Bachelor's degree in accounting, or related field or equivalent education plus experience required.
• Minimum of 1 year of relevant professional accounting experience.
• A strong working knowledge of accounting principles and practices related to investments a plus.
• Demonstrated decision-making and analytical skills.
• Strong written and oral communication skills.
• Ability to effectively maintain relations within divisions of Controllers and other company departments as needed.
• A high degree of personal initiative and self-motivation is required.
• Proficiency in Microsoft applications, specifically Excel.
• Helps assess experience preparing, reviewing, or supporting financial reports.
• Addresses familiarity with investment instruments and securities-related accounting
• Evaluates foundational knowledge of controls supporting accurate financial reporting
• Foundational accounting knowledge.
• Evaluates foundational knowledge of controls supporting accurate financial reporting

Skills

Required

• Decision-making
• Analytical
• Communication
• Interpersonal relations
• Initiative
• Self-motivation
• Microsoft Excel
• Portfolio Asset Management (PAM) system
• U.S. GAAP
• Statutory accounting

Benefits

• $60,880.00
• $91,320.00
• 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.