Investment Accounting Consultant

Northwestern Mutual

Milwaukee, WI

JOB DETAILS
SKILLS
Accounting, Accounting Close, Accounting Software, Accounting Standards and Regulations, Analysis Skills, Automation, Bond Market, Budgeting, Certified Public Accountant (CPA), Communication Skills, Consulting, Cross-Functional, Data Quality, Derivatives, Detail Oriented, Documentation Models, Equity Securities, External Audit, Financial Accounting, Financial Analysis, Financial Audit, Financial Modeling, Financial Operations, Financial Reporting, Fixed Income Investments, Forecasting, Generally Accepted Accounting Principles (GAAP), Identify Issues, Insurance, Investment Accounting, Leadership, Legal, Market Trend Analysis, Microsoft Excel, Microsoft Product Family, Peoplesoft, Presentation/Verbal Skills, Problem Solving Skills, Process Analysis, Process Improvement, Proofreading, Public Accounting, Public Finance, Reconciliation, Regulations, Securities, Securities Investments, Storytelling, Systems Administration/Management, Training/Teaching, Writing Skills
LOCATION
Milwaukee, WI
POSTED
Today

About the Job:

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

What You'll Do:

  • Preparation of the investment portion of the quarterly and annual statement filings with state insurance regulators and Statutory audited financials.
  • Complete monthly closing of the Peoplesoft accounting system and its associated financial processing routines of 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 system.
  • The ability to effectively maintain relations within subgroups in Investment Accounting, divisions within Controllers, Treasury and Investments Operations, Securities, Legal and other company departments as needed.
  • Prepares additional periodic reporting as requested.
  • Researches and recommends appropriate actions regarding Statutory and U.S. GAAP regulatory changes impacting the accounting for securities investments.
  • Represents Investment Accounting (where needed) during system upgrade projects, including evaluating new system functionality and its impact on Investment Accounting and identifying problems and improvement opportunities related to the reporting and financial processing components.
  • Maintains Model Audit Rule documentation.

What You'll Bring to the Role:

  • Bachelor's degree in accounting, or related field or equivalent education plus experience required.
  • Minimum of 5 years of relevant professional accounting experience.
  • Public accounting experience preferred.
  • Certified Public Accountant (CPA) designation preferred.
  • A strong working knowledge of accounting principles and practices related to investment products, demonstrated decision making and analytical skills.
  • Strong written and oral communication skills.
  • Ability to effectively maintain relations within subgroups in Investment, accounting, divisions within Controllers, Treasury and Investments Operations, Securities, Legal and other company departments as needed.
  • A high degree of personal initiative and self-motivation is required.
  • Proficiency in Microsoft applications, specifically Excel, and PeopleSoft applications.
  • Ability to work independently to find solutions to issues and to train and review colleagues work.
  • Ability to identify and drive forward efficiency opportunities.

Skills You Will Have:

  • Adaptive Communication: Formulates strategies to be used to convey complex information about services, products, systems, or processes to targeted audiences; communicates and liaises between technical and non-technical audiences.

    Adaptive Communication: Formulates strategies to be used to convey complex information about services, products, systems, or processes to targeted audiences; communicates and liaises between technical and non-technical audiences.
  • Attention to Detail: Focuses on specific details to spot and correct errors in advance of them being found and surpass quality expectations. Performs work with thorough proofreading for presentation, content, accuracy, and overall quality.

    Attention to Detail: Focuses on specific details to spot and correct errors in advance of them being found and surpass quality expectations. Performs work with thorough proofreading for presentation, content, accuracy, and overall quality.
  • Cross Functional Partnering & Planning: Facilitates collaboration, communication, coordination, and planning with individuals and teams from different functions within the organization, and who have different areas of expertise, to achieve common goals.

    Cross Functional Partnering & Planning: Facilitates collaboration, communication, coordination, and planning with individuals and teams from different functions within the organization, and who have different areas of expertise, to achieve common goals.
  • Financial Acumen: Applies the knowledge of financial statements, financial analysis, budgeting, forecasting, and financial modeling to ensure decisions are fiscally sound and responsible.

    Financial Acumen: Applies the knowledge of financial statements, financial analysis, budgeting, forecasting, and financial modeling to ensure decisions are fiscally sound and responsible.
  • Financial Securities: Demonstrates knowledge of various types of financial instruments such as stocks, bonds, derivatives, structured securities, and alternative investments to effectively engage with stakeholders involved in the investment process.

    Financial Securities: Demonstrates knowledge of various types of financial instruments such as stocks, bonds, derivatives, structured securities, and alternative investments to effectively engage with stakeholders involved in the investment process.
  • Learning Agility & Critical Thinking: Pursues learning and obtains knowledge continuously in relevant fields, methods, or technologies in current and future practices; continuously utilizes critical thinking to identify opportunities, execute solutions, and measure impact to constantly improve existing practices and processes based on feedback, lessons learned, and market trends.

    Learning Agility & Critical Thinking: Pursues learning and obtains knowledge continuously in relevant fields, methods, or technologies in current and future practices; continuously utilizes critical thinking to identify opportunities, execute solutions, and measure impact to constantly improve existing practices and processes based on feedback, lessons learned, and market trends.
  • Process Improvement: Assesses the current processes and impact to analyze, design, and manage potential improvement areas for more efficient, effective workflow.

    Process Improvement: Assesses the current processes and impact to analyze, design, and manage potential improvement areas for more efficient, effective workflow.

#LI-Hybrid

Compensation Range:

Pay Range - Start:

$81,280.00

Pay Range - End:

$121,920.00

Geographic Specific Pay Structure:

Structure 110:

Structure 115:

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.

Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

Skills

Cross Functional Partnering & Planning (NM) - Advanced, Statutory Accounting (NM) - Advanced, Audits (NM) - Advanced, Financial Acumen (NM) - Advanced, Business Automation (NM) - Intermediate, Financial Reporting (NM) - Advanced, Internal Controls (NM) - Advanced, Adaptive Communication (NM) - Intermediate, Financial Accounting Principles (NM) - Advanced, Attention to Detail (NM) - Advanced, Storytelling through Data (NM) - Advanced, Financial Securities (NM) - Advanced, Process Improvement (NM) - Advanced, Learning Agility & Critical Thinking (NM) - Advanced

FIND YOUR FUTURE

We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.

About the Company

N

Northwestern Mutual

Who We Are

What we believe.

We believe relationships are built on trust. That our lives and our work matter. And that doing what’s right is good for everyone — our clients, our employees, our financial representatives and our communities.
These beliefs launched our company nearly 160 years ago. Today, they’re just a few of the reasons why people choose to build careers at Northwestern Mutual.

We’re known for our financial strength.

That means we’ll be here for the millions of people who are counting on us—our clients, our employees, our financial representatives and our communities.

We care.

We make a positive difference in our communities. Nationally, thousands have benefited from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they’re passionate about.


Why Work Here

We’re strong and growing.

In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We’re strong, innovative and growing. And we want you to grow with us.

We invest in our people.

We provide opportunities for employees to grow themselves, their careers, and, in turn, our business. Movement around the company is encouraged and we help our people build meaningful, long-term careers.

Be part of building our future.

We’re expanding our campus in downtown Milwaukee overlooking Lake Michigan. The Northwestern Mutual Tower and Commons will include a state-of-the-art employee Learning Institute, and will feature a natural light-filled, 21st century work environment. This signature development reinforces our commitment to job growth, attracting top talent and drawing new business to Milwaukee.

Enjoy Milwaukee.

Located on beautiful Lake Michigan, Milwaukee offers a perfect balance of big city and small town living. Home to Summerfest, the world’s largest music festival, Milwaukee has a thriving music scene, a celebrated annual film festival and vibrant performing arts community. Professional sports teams include the Milwaukee Brewers, Milwaukee Bucks and other major teams. And outdoor family fun is easy here. An extensive urban bike path network links our lakefront parks, beaches and other recreational hotspots.


Our Culture

We are always evolving.

At Northwestern Mutual, our employees, and our business, are always evolving. We are agile and continuously learning and improving. We have a work environment that empowers problem solving and encourages innovation—you will make an impact here.

We do what’s right.

Our “do-what’s-right” value is pervasive. We ask ourselves: “Is this in the best interest of our clients? Our employees? Our financial representatives?” Acting on this value improves our clients’ experience, and makes Northwestern Mutual a better place to work.

We recognize and develop possibilities in our people.

Onsite training and leadership development programs help employees succeed and grow. We also sponsor learning opportunities outside the company to help employees stay current in their fields, network with peers and gain external perspective.

Diversity makes us better.

We believe diversity and inclusion cultivate creativity, innovation and a better experience for our clients. That’s why we recruit and grow people who bring unique perspectives, ideas, beliefs and cultural backgrounds.

COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Financial Services
FOUNDED
1857
WEBSITE
https://www.northwesternmutual.com/