Financial Analyst

Overview

Northwestern Mutualhas been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionalswitha personalized digital experience and industry-leading products to help its clients plan for what's most important. With nearly $700 billionof total assets being managed across the company's institutional portfolio as well as retail investment client portfolios, more than $38 billionin revenues, and $2.4 trillionworth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services.

Northwestern Mutual ranked 109 on the 2025 FORTUNE
500 and was recognized by FORTUNER as one of the "World's Most Admired" life insurance companies in 2026.

The
Financial Analyst collaborates with the highest-level to manage financial functions and assess performance of the firm. The ideal candidate must have superb organization skills, exceptional attention to detail, and high ownership of responsibilities. This is a critical, deadline-driven role in an organization with high growth trajectory - a great opportunity for those who value broad responsibilities and seek opportunities for accelerated professional growth.

This position is full-time, direct hire, located in Houston, Texas.

Financial, Analytical and Reporting Functions

• Provide financial planning, reporting, and analysis support for the Network Office and Financial Advisors.
• Co-lead the annual office production goal setting, financial budgeting, long-term forecasting, and business planning processes.
• Prepare and maintain daily, weekly, and monthly reporting, including sales and production results, activity tracking, contest qualifications, program payments, cash flow, and budget variance reporting.
• Enhance and maintain reporting tools, dashboards, and performance tracking systems to improve data accessibility, reporting efficiency, and business decision-making.
• Track advisor activity, production stipends, and program qualifications; analyze program effectiveness and identify opportunities to improve performance.
• Build financial models and provide analytical support to office leaders and Financial Advisors to inform business decisions.
• Review and track leadership compensation splits, advisor incentives, and office cost-sharing arrangements.
• Support leadership with ad hoc projects, scenario analysis, ROI evaluation, performance assessment, and related reporting.

Accounting Functions

• Maintain accurate accounting records for the office using Northwestern Mutual’s Field Financial System.
• Manage the month-end close process, including timely review, reconciliation, and reporting activities.
• Oversee monthly accounts payable, accounts receivable, and credit card payment processes.
• Prepare, review, and reconcile general ledger entries, including the classification of office credit card charges.
• Manage interoffice invoicing, cost allocations, and shared expense calculations.
• Monitor banking activity and complete monthly bank reconciliations.
• Prepare and maintain semi-monthly cash flow forecasts to support liquidity planning and financial decision-making.
• Review monthly financial statements, production results, and variance analyses to evaluate office performance, identify trends, and support leadership decision-making.
• Support monthly financial reviews with office leadership and prepare required financial reporting submissions.
• Administer year-end 1099 reporting and issuance for the office.
• Partner with the outside CPA on tax payments, preparation, and filing of annual federal and state tax returns.
• Partner with technology and office teams to maintain accurate fixed-asset and inventory records.

Commissions Processing

• Process semi-monthly Financial Representative (FR) commissions payments- review/release ACH, address advisor questions and administer commission escrow and production allowance.
• Oversee manual compensation and fee-split calculations performed by the external accounting…