1-3 years of experience
Concerned about your lack of experience? Learn More...
Employment Type:
Full time
Job Category:
Associate Accounting Analyst (851-160)
(This job is no longer available)
Grad Date

Not sure what types of jobs you are interested in?

Explore Jobs
Based on Your Education

Follow This Company

Job Description

About Penn Mutual and Penn Mutual Asset Management

Since 1847, Penn Mutual has been committed to helping people live life with confidence. At the heart of this purpose is the belief that life insurance is central to a sound financial plan. Through our network of trusted advisers, we are dedicated to helping individuals, families and businesses achieve their dreams. Penn Mutual supports its advisers with retirement and investment services through Hornor, Townsend & Kent, Inc. Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. We are proud to work together in a values-driven and relationship-based culture. Visit Penn Mutual at www.pennmutual.com.

Penn Mutual Asset Management (PMAM) is a registered investment adviser and wholly owned subsidiary of The Penn Mutual Life Insurance Company. With over $24 billion in total assets under management, PMAM is focused on risk-based institutional asset management, advisory and fund operation services. We are dedicated to creating value through a prudent, thoughtful, and rigorous investment decision-making process. We tailor our proven approach to generate solid risk-adjusted returns that result in consistent earnings, while balancing the need for capital preservation to achieve each client's strategy and goals.

Financial Management Mission

The mission of the Financial Management Team is to act as stewards for the financial strength of the company, and proactively influence our financial position to support the execution of the company's strategy in a way that embodies the company's core values. The Financial Management Team will:

* Facilitate the understanding and management of risks and opportunities, communicate these in a clear and timely manner, and provide reliable and actionable business insights.
* Understand current best practices and emerging industry trends to meet ongoing measurement and reporting requirements.
* Ensure an efficient, effective and evolving control framework that mitigates risk.
* Creatively and critically think about our processes, systems and services to continuously improve the quality of information used in decision making.
* Operate as an effective team of diverse, talented professionals who value continuous learning and reward strong performance.
* Build strong relationships and collaborate across the organization to guide the execution of the Company strategy.

Position Overview

The Associate Accounting Analyst is a new position within PMAM. The primary responsibilities of this role will be to support the day to day accounting and treasury duties in addition to administrative support for PMAM's private fund. By supporting these functions, the position will gain an understanding of accounting concepts and general business functions in addition to an opportunity to build a strong knowledge base of the investment advisory industry. This position will require an individual with core accounting competencies and excellent communication and time management skills.

Our success hinges on our team's ability to work together to achieve success. We are looking for a well-organized, focused and driven accounting associate that will contribute to our winning culture. We believe in open communication and the value of each individual's opinion. We strive for excellence every day by aiming high and pushing each other to our individual limits to achieve success.


* Under supervision from the Controller, the role will apply accounting knowledge to provide assistance in and have direct responsibilities in the completion of:
* Journal entries for the investment advisor
* Quarter and year-end close process
* Intercompany accounting and support of all related intercompany processes
* Account reconciliations and analysis
* Ad-hoc analysis as required
* Performs treasury functions including accounts payable and accounts receivable responsibilities.
* Provide assistance in PMAM's annual external audit by helping to ensure that audit requests are met in a timely manner.
* Provide assistance in preparation of management and board reporting.
* Provide assistance in tracking client profitability.
* Improve processes and controls surrounding financial operations and reporting.
* Provide assistance with financial projections and budgetary requests.
* Support administrative functions related to PMAM's private fund including the annual audit.
* Provide assistance with vendor and contract management.
* Complies with all company and site policies and procedures.
* Remains current in profession and industry trends.
* Successfully completes job training requirements.
* Performs other duties as assigned.

Required Skills

* Ability to work effectively independently with minimal supervision and collaboratively in a team-oriented environment.
* Strong communicator and ability to build and manage strong relationships with all levels of the organization.
* Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement.
* Precision and accuracy with ability to work with detail.
* Excellent organizational and time management skills.
* Demonstrates critical thinking skills.
* Able to set priorities and meet/exceed deadlines.
* Enthusiastic and motivated to develop in other areas.
* Flexibility to work additional hours during the quarter and year-end close and to meet other department deadlines.

Required Experience


* Experience: 0-2 years of Accounting experience.

Education/Licenses/Professional Designations

* Undergraduate degree in accounting is required.
* CPA designation/MBA or path is a plus.
* Experience with Great Plains is a plus.

Salary Level = 19

All Associates Exemplify Our Penn Mutual/PMAM Values:

Acting With Integrity-We have the conscious intention to do the right thing.

Respecting One Another-We see each other's distinctiveness as a valued asset.

Focusing on Relationships-We foster meaningful connections with others.

Sustaining Our Legacy-We are trusted guardians for what we promise.

A Shared Sense of Belonging-We evoke our place as part of a world that we influence and influences us.

For Leadership roles within Penn Mutual/PMAM, we believe the below characteristics are essential:

Execution Focused - "Gets it done" and drives progress and results towards strategic objectives.

Strategic - "Sees the big picture and challenges boundaries", takes risks and innovates to execute and advance Penn Mutual's and PMAM's strategies.

Authentic - "Keeps it real" and is principled, transparent, trustworthy and accountable.

Decisive - "Makes the call" and demonstrates courage, confidence and a bias for action.

Empowering - "Develops people" and sets clear expectations, delegates effectively and encourages risk taking.

Influential - "Sets the tone" and inspires, motivates and persuades others through their decisions and actions.

Penn Mutual/PMAM is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.

Leaders may, at their discretion, change the responsibilities in this position description at any time due to reasonable accommodation and/or other business reasons.

Job LocationHorsham, Pennsylvania, United StatesPosition TypeFull-Time/Regular