Manager, Financial Reporting

      

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 core, 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
Accountable for the mutual fund financial reporting function which includes the production and review of shareholder reports and related regulatory filings for the Thrivent funds. Lead financial reporting team to ensure initiatives are executed appropriately, that information is shared effectively, and best practices are implemented. Work closely with internal and external business partners on financial reporting matters and projects including board reporting.

         

          

Job Duties and Responsibilities

Responsible for the accuracy of financial reporting and development and maintenance of internal controls. Responsibilities include:

• Develop and implement financial reporting and accounting policies, procedures and controls.
• Responsible for research and documentation of technical accounting and disclosure issues that may arise in connection with changes in accounting standards, the funds’ financial statements and new instruments.
• Responsible for compliance of fund shareholder reports and other regulatory filings (Forms N-CSR, N-PORT, N-CEN, 24F-2, N-MFP) with U.S. GAAP and regulatory regulations. Act as a subject matter expert for various filings including financial disclosures in prospectuses.
• Assist the auditors with their audit requests to ensure the release of the financial statements in a timely manner.  Produce and manage the shareholder report production cycle.
• Ensure critical deadlines are communicated to business partners and met in accordance with set expectations.
• Responsible for various board and financial reporting including but not limited to expense reporting, performance reporting and annual contract renewal.

Responsible for the overall management of the Financial Reporting team. Responsibilities include:

• Coach and develop team including formal goal setting, performance reviews and provide ongoing and regular feedback and mentorship.
• Provide leadership and direction to Financial Reporting staff to ensure department objectives are met.
• Inspire engagement, growth and accountability while creating environment of open communication.
• Ensure employees are trained and are receiving on-going development opportunities.
• Participate in hiring decisions.

Lead various financial reporting projects affecting or involving the department. Responsibilities include:

• Act as a subject matter expert and provide business oversight to ensure initiatives are executed appropriately. 
• Maintain positive working relations with internal and external business partners.
• Seek to continuously improve the quality of processes and internal controls in Financial Reporting to minimize the business exposure to compliance, operational and financial risks.
• Ensure that departmental documentation, including policies and procedures and reporting checklists, are accurate, effective and current. Lead departmental initiatives and other projects.
• Identify opportunities for process improvements and implement changes to increase efficiency and accuracy. Develop and maintain key metrics for assessing accuracy and timeliness.

Required Job Qualifications

• Bachelors’ Degree in Accounting or Finance is required.
• Advanced degree (MBA) or certification (CPA or CFA) strongly preferred.
• Big 4 public accounting experience strongly preferred. 
• 5-7 years’ experience in mutual fund or investment related accounting/reporting role with increasingly progressive career track.
• 1-2+ years’ supervisory/management experience is required.
• Advanced understanding of U.S. Generally Accepted Accounting Principles surrounding the accounting and reporting of mutual funds/investment companies. Ability to identify, research, and resolve complex reporting/accounting questions.
• Deep understanding of SEC rules governing mutual funds and financial reporting including Regulation S-X, Regulation N-1a and N-2 and the Investment Company Act of 1940.
• Strong communication skills, both written and verbal, with all levels of the organization and other internal and external business partners. Superior presentation and meeting facilitation skills.
• Advanced usage of Microsoft Office Suite. Knowledge of Confluence, InvestOne, and Bloomberg is helpful.
• Advanced attention to detail and organizational skills with the ability to work in a dynamic, time sensitive environment.
• Excellent analytical & problem-solving skills.
• Strong project management skills and ability to balance multiple priorities.
• Ability to work independently and set priorities with only high-level direction.
• Ability to improve the overall department’s function and efficiency.

Additional Information

• This position requires you to work on-site in Minneapolis, MN or 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 $114,731.00 - $155,224.00 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 [email protected] or call 800-847-4836 and request Human Resources.