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Manager, Financial Administration
Manager, Financial AdministrationProShares • Bethesda, MD, US
Manager, Financial Administration

Manager, Financial Administration

ProShares • Bethesda, MD, US
30+ days ago
Job type
  • Full-time
Job description

Manager, Financial Administration

Bethesda, Maryland

About Us : ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with over $75 billion in assets. The company is a leader in strategies such as crypto-linked, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary :

This position involves the management of processes relating to financial administration for ETFs and Mutual Funds, oversight of financial administration vendors, engaging in problem-solving, support for product development, and serving as an internal expert resource.

Essential Job Functions :

  • Manage the funds' financial processes, including financial reporting, expense management, tax reporting, distributions, etc.
  • Oversee of the funds' financial vendors, including administrators, fund accountants, auditors, tax accountants, etc.
  • Support new product development and tax management.
  • Engage in day-to-day problem solving and decision-making.
  • Participate in risk management and development of an effective internal control environment.
  • Serve as an internal expert for financial-related product issues.

Education and Experience :

  • Bachelor's degree required.
  • 3-5 years' experience in Mutual Fund, ETF, CPO and / or comparable financial services positions required.
  • Financial reporting and / or auditing experience desirable
  • CPA is desirable.
  • Knowledge, Skills and Abilities :

  • Excellent analytical and problem-solving skills.
  • Innovative thinking and the ability to challenge the status quo.
  • Knowledge and expertise in fund administration / operations.
  • Ability to work independently within a team structure.
  • Early Career Period (90-and 180-day goals) :

  • Initial 90-Day Goals (basis for the early career assessment)
  • Demonstrate a working knowledge and understanding of fund administration and fund accounting

  • 180-Day Goals (basis for the six-month review)
  • To be a primary contact for financial administration service providers

  • To challenge, vet, and propose changes to current practices and procedures.
  • To manage specific financial administration processes
  • The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $95,000 - $150,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

    Our Benefits :

  • Competitive pay and discretionary bonus
  • Paid time off
  • Health care benefits (medical, dental & vision)
  • Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
  • 401(k) retirement plan with matching contribution
  • Spending Accounts (Health Care, Dependent Care, and Transportation)
  • Wellness Programs (fitness reimbursement, Employee Assistance Program)
  • Education assistance
  • Hybrid work schedule
  • Additional Programs include peer recognition, corporate matching gift
  • ProShare Advisors LLC and its affiliates are equal opportunity employers and do not discriminate against otherwise qualified applicants on the basis of age, race, color, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), marital or family status, national origin, ancestry, physical or mental disability, mental condition, veteran status, sexual orientation, gender identity, genetic information, or any other characteristic protected by applicable law.

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    Administration Manager • Bethesda, MD, US

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