Mutual Fund Accountant

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.

Job Duties and 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.

Required Job Qualifications

• 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.

Other Critical Factors

Internal

• This position requires a strong working relationship with the trading desks, portfolio managers, investment operations, financial reporting unit, mutual fund tax unit, and investment accounting unit.
• This position often provides support to the financial reporting function.

External

This position will work closely with the following external parties on a regular basis:

• Auditors (Book and Tax)
• Custodian
• Transfer Agents
• Sub-advisors

Additional Information

• This position requires you to work on-site in Appleton, WI a minimum of three days a week.

Pay Transparency

Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $55,187.00 - $74,665.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.