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Sr Financial Analyst - Fund Administration

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

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.

We invest in our people.  We provide opportunities for employees to grow themselves, their career and in turn, our business.

We care.  We make a positive difference in our communities. Nationally, thousands have benefitted 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.

NM Capital (“NMC”) manages approximately $60 billion of private assets on behalf of Northwestern Mutual. The NMC portfolio includes a variety of assets in the private market: investment-grade private debt, mezzanine & equity co-investment in private equity transactions, and private equity limited partnership commitments.

Primary Duties and Responsibilities

  • Complete quarterly valuations of private company investments in accordance with department procedures; proactively analyze results and changes in valuation

  • Working with the outsourced Fund Administrator to prepare quarterly Private Fund financial statements in accordance with GAAP

  • Coordinate with the Fund Admin on cash activities, including capital calls, distributions, and expense payments

  • Monitor management fee and carried interest calculations

  • Ensure all Journal Entries and the General Ledger is accurate for reporting and audits

  • Prepare accurate quarterly Partner Capital Account statements

  • Collaborate on Fund set-up, onboarding of new investors, processing Limited Partner transfers

  • Produce quarterly investment performance statements within 45 days of quarter-end in compliance with SEC rules

  • Support Compliance with Form ADV, Form PF, Trade Allocations, Custody Rule, Surprise custody audits, etc.

  • Respond to auditor requests and timely resolve questions

  • Provide support for requests from investor relations, tax, legal, operations, treasury and investment accounting

  • Report internally on Fund status and support various special projects


  • Bachelor’s degree in Accounting, Finance or Business

    CPA certification strongly desired

  • Minimum of 5 years of total work experience with private equity fund administration or other alternative investment accounting

  • A strong working knowledge of accounting principles and practices related to investments and analytical skills

  • Demonstrated experience with financial statements and analysis including strong detail orientation

  • Strong Excel skills

  • Experience with Investran desired

  • Ability to work independently and effectively in a fast moving, demanding, and dynamic environment

  • A high degree of personal initiative and self-motivation is required, as well as the ability to find solutions to issues

  • Ability to multi-task responsibilities to meet tight deadlines of deliverables with accurate results

  • Strong interpersonal skills


Great pay package, 401K, Company sponsored retirement plan, Educational assistance, Performance based incentive pay, Medical, dental and vision insurance, Parental leave, Caregiver time off….and more


Compensation Range:

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Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additiona l information relating to location-based pay structures.

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

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.


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