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Junior Debt Fund CFO

Northwestern Mutual
United States, Wisconsin, Milwaukee
720 E Wisconsin Ave (Show on map)
Nov 19, 2024
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

The Fund CFO will play a key role in managing the fund operations of Northwestern Mutual Capital's third-party junior debt funds. The Fund CFO will be broadly responsible for the finance and accounting related to NMC's junior debt funds. Specific tasks will include:

  • Overseeing the external fund administrator in all respects consistent with the funds' limited partnership agreements and side letters including ensuring accurate and timely capital calls, distributions, equalizations, and partnership accounting, fee calculation, fund waterfall administration, and preparation of financial statements for each partnership vehicle.
  • Reviewing and coordinating annual audit reports as well as quarterly close packages.
  • Reviewing regulatory filings and tax returns (i.e. partner K-1s, entity level filings, and corporate tax filings for blocker entities).
  • Preparing quarterly and annual investor reporting packages including key fund metrics, portfolio construction, schedule of investments, and financial statements.
  • Providing NMC management with regular dashboards of portfolio construction, fund activities, and cash management.
  • Partnering with the investor relations team to provide information for investor reporting and responding to investor inquiries.

Requirements include a four-year undergraduate degree in finance or accounting (an MBA or CPA is preferred) and a minimum of 10 years of experience in public accounting, private equity-related fund administration, or other related industries with a track record of strong professional success. A broad knowledge of alternatives investments, an understanding of economic forces affecting a wide range of industries, proficiency in accounting, intellectual curiosity and analytical capabilities, high energy and strong interpersonal skills, and the ability to communicate effectively with corporate executives, attorneys and senior members of Northwestern Mutual Capital are also required.

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Compensation Range:

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 loc ation. Please click here for additional 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.


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 commitment to diversity and inclusion.



  • Flexible work schedules
  • Concierge service
  • Comprehensive benefits
  • Employee resource groups
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