--- title: 'Senior Specialist, Financial Administration at ProShares' canonical: 'https://feeny.ai/job/senior-specialist-financial-administration-proshares-bethesda-akxtn76zkxdh' type: 'job' last_seen: '2026-09-13' --- # Senior Specialist, Financial Administration at ProShares - **Company:** ProShares - **Location:** Bethesda, MD - **Posted:** 2026-07-29 - **Last confirmed live:** 2026-09-13 - **Apply:** https://boards.greenhouse.io/proshares/jobs/6130201004?gh_jid=6130201004 ## 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. https://client.hrservicesinc.com/downloads/pm/clients/7411/ccpa%20privacy%20notice%20for%20employees_final(1).pdf ## 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. ## About ProShares ## Company Overview - **One-liner**: ProShares is an American issuer of exchange-traded funds (ETFs), including leveraged, inverse, and innovative strategic ETFs, with over $100 billion in assets under management. - **Entity Type**: Private (privately held) - **Headquarters**: Bethesda, Maryland, USA (with an additional office in New York, NY) - **Founded**: 1999 - **Founders**: Louis Mayberg, Michael Sapir ## Core Business - Primary industry: Investment Management / Financial Services - Target customers: Individual investors, financial advisors, institutional and international investors, and capital markets participants (B2B and B2C) - Mission/purpose: To provide innovative strategic and tactical ETFs designed to manage risk and enhance returns, and to help investors succeed. ## Products & Services - **Exchange-Traded Funds (ETFs)**: A large lineup of ETFs covering various strategies including dividend growth, interest rate hedged bonds, geared (leveraged and inverse) ETFs, crypto, commodities, and money market ETFs. Notable products include NOBL (S&P 500 Dividend Aristocrats), QQQA (Nasdaq-100 Dorsey Wright Momentum), and IQMM (money market ETF). - **Leveraged & Inverse ETFs**: Products that provide magnified or inverse exposure to indices and commodities (e.g., Ultra Gold, Ultra Silver, Ultra TSLA). - **Single Stock ETFs**: Funds offering leveraged or income-focused exposure to individual stocks (e.g., TSLI, NVDB). ## Market Standing - **Valuation/Market Cap**: Not publicly available (private company) - **Key Metric**: Assets Under Management (AUM) – over $100 billion (as of 2025); reported $70 billion in 2024. - **Notable Investors/Partners**: Privately held; no external funding rounds disclosed. Distribution partner: SEI Investments Distribution Co. - **Growth Signals**: AUM growth from $70B to over $100B; one of the largest ETF lineups in the U.S.; 124 employees with +3% YoY headcount growth; active job postings. ## Competitive Advantages - First-mover in leveraged and inverse ETFs (since 2006). - Broad and innovative product suite covering niche strategies (crypto, single stock, money market, volatility). - Strong brand recognition among financial advisors and institutional investors. - In-house expertise across product development, capital markets, and investment strategy. ## Strategic Focus - Continue expanding product lineup with innovative ETFs (e.g., money market ETF aligned with GENIUS Act framework). - Deepen distribution through advisor and institutional channels. - Leverage technology and data to enhance investor experience and risk management. ## Why Work Here - **Culture**: Collegial, collaborative environment that values open debate, quick execution, and teamwork. Emphasis on helping customers succeed. - **Work Policy**: In-office (Bethesda, MD and New York, NY). - **Benefits**: Competitive medical, dental, vision; 401(k) with employer match; generous parental leave; tuition assistance; fitness reimbursements; employee assistance programs; short/long-term disability; flexible spending accounts. - **Learning & Development**: Tuition assistance for certifications/degrees, external training, internal programs. - **Team**: ~124 employees with a mix of senior, manager, and specialist roles. Departments include Finance, Marketing, Operations, HR, Sales, Product, and more. ## Sources 1. [ProShares Official Website](https://www.proshares.com/) 2. [ProShares Careers Page](https://www.proshares.com/about/careers) 3. [Built In ProShares Profile](https://builtin.com/company/proshares) 4. [LinkedIn ProShare Advisors LLC](https://www.linkedin.com/company/proshare-advisors-llc) 5. [ProShares Contact Page](https://www.proshares.com/about/contact) 6. 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