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ProShares

Senior Specialist, Financial Administration

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What they do

A Financial Operations Specialist specializes in foreseeing or carrying out financial transactions or other routine operations that are influenced by compliance needs. Requires some knowledge of accounting, billing, customer service and contracts. Helps businesses and their customers resolve financial billing and reconciliation issues.

$79,316 / year median in Maryland

-9% projected decline

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Job Description

Senior Specialist, Financial Administration ProShares - 3.8 Bethesda, MD Job Details $90,000 - $110,000 a year 17 hours ago Benefits AD&D insurance Health insurance Dental insurance Flexible spending account Paid time off Employee assistance program Vision insurance 401(k) matching Gym membership Qualifications Bachelor's degree Full Job Description Work on products that matter. ProShares, a leading sponsor of exchange traded funds, manages one of the industry's most innovative and diverse set of ETFs, mutual funds and commodity pools. Our products use sophisticated investment strategies to invest across all major asset classes, including, crypto, commodities, and derivatives, and are traded on listing exchanges around the world. This is not a passive environment: decisions here affect investor outcomes and public markets.
About Us:
ProShares now offers one of the largest lineups of ETFs, with over $100 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:
We're seeking a Financial Administration Professional who combines strong analytical skills with a passion for operational excellence. This role is a vital support and coordination function—ensuring the smooth financial administration of our ETFs and mutual funds. As the bridge between internal teams and external service providers, you'll manage key processes, guide vendors, solve problems, and contribute to the continued innovation that defines ProShares. This position is ideal for someone who enjoys working in a dynamic environment, thrives on precision, and takes pride in being a reliable, trusted financial resource. Essential Job Functions [1] : Manage and support core financial processes across ProShares' funds, including financial reporting, expense management, distributions, and tax reporting. Oversee of the funds' financial vendors, including administrators, fund accountants, auditors, tax accountants, etc.—ensuring alignment, timeliness, and accuracy. Collaborate with internal teams on product launches, fund enhancements, and other initiatives requiring financial expertise. Engage in problem-solving and process improvement, helping refine procedures and strengthen internal controls. Provide subject-matter expertise on financial and operational aspects of fund administration. Contribute to risk management efforts by ensuring compliance with internal policies and regulatory standards.
Education and Experience:
Bachelor's degree required; CPA desirable 3+ years' experience in related financial services roles; SEC experience helpful Solid grounding in fund accounting, financial reporting, or auditing Proven ability to collaborate across teams and manage multiple projects simultaneously Analytical mindset with a proactive, solutions-oriented approach Exceptional attention to detail, communication, and organizational skills
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 Goals:
First 90
Days:
Gain a deep understanding of ProShares' fund administration and fund accounting ecosystem, building strong relationships with internal and external partners. First 180
Days:
Become a primary point of contact for financial administration service providers, manage select processes, and contribute recommendations that enhance efficiency and control. The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $90,000-$110,000 (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 [1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions . Additional privacy information for CA residents
EOE STATEMENT
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.