Investment Accounting Manager

Expiring today

Location
Hybrid Remote
Salary
Salary + Benefits
Posted
26 May 2022
Closes
25 Jun 2022
Employment Type
Full Time
Education
Bachelors

How Is This Role Important to Our Work?

  • The Investment Accounting Manager will manage the Investment and Treasury financial reporting and accounting. Responsible for the accuracy this area's specific financial, management, and regulatory reporting. This includes implementation and execution of financial policies, procedures, and controls for all general ledger activity including interfaces, journal entries and other monthly financial reporting processes. The Investment Accounting Manager and team report directly to the Vice President of Treasury & Chief Investment Officer!

A Day in the Life:

  • Manage the proper recording of multiple interfaces and journal entries for the related companies, market segments, and business units using SAP. This includes establishment of proper accounting methodologies in accordance with both GAAP and STAT requirements.
  • Direct, review and distribute monthly financial statements and management reporting and analysis to provide accurate and relevant information for business decisions. Assist in developing budget and forecast projections. Will work with various levels of corporate management, including subsidiaries, regarding the interpretation and analysis of root causes of financial results and variance to budget and forecast!
  • Lead and review the preparation of numerous external regulatory filings including NAIC, BCBS Association, CMS and Department of Commerce. Coordinate and ensure cross departmental cooperation for purposes of accuracy and timely filing.
  • Coordinate with external auditors for annual and interim audit work and support periodic regulatory audits (CMS, Commerce). This includes directing and reviewing draft audited financial statements including footnote disclosure as well as audit work paper documentation.
  • Serve as the technical investment and treasury accounting resource on Statutory Accounting Principals, Generally Accepted Accounting Principals, and internal accounting policies.
  • Provide leadership investment accounting recommendations for technical investment and accounting strategies, including proactive review of how to account for new initiatives and upcoming GAAP/STAT changes.
  • Direct or provide ad hoc project assistance as requested by executive management, business partners or Vice President of Treasury & Chief Investment Officer.
  • Establish and maintain key relationships throughout the organization as a means of obtaining information needed to perform duties and to provide financial data requests as needed.
  • Responsible for promoting continuous enhancement and improvement of financial systems, processes, and reporting capabilities.
  • Works with SAP support staff to develop, test, and implement enhanced solutions.
  • Leads the department, including interviewing and hiring employees following required EEO and Affirmative Action guidelines and ensuring employees receive the proper training.
  • Lead and develop a diverse talent by providing an inclusive environment that promotes diversity of thought and team engagement. This should include proactive coaching, career development conversations, and performance coaching and evaluation.

Nice to Have:

  • MBA or advanced degree in Finance or Finance-related area of study.
  • CPA or CMA.
  • Demonstrated expertise in financial industry and insurance industry (i.e., health, captive, and/or life).

Additional Job Description

  • Required Skills and Experiences:
  • 8+ years of related professional experience. All relevant experience including work, education, transferable skills, and military experience will be considered.
  • Relevant experience includes work in the areas of general accounting, financial reporting, or internal controls.
  • 1 year of staff, project lead or team lead experience.
  • Expert knowledge of financial markets, enterprise treasury, investments, risk management and subsequent standard methodologies.
  • Strong leadership, communication, and collaboration skills to ensure Treasury and Investment objectives are communicated and understood.
  • Well-developed analytical and problem-solving skills, including understanding of complex investment concepts.
  • Advanced knowledge of regulatory environment.
  • Excellent written and verbal communication skills with the ability to present complex treasury, investment, and accounting information clearly to boards, investment committees and executive staff.
  • Exceptional organizational and time management ability, with flexibility to handle a variety of challenging responsibilities and change priorities as needed.
  • Broad knowledge of NAIC, SEC, and IRS rules and regulations.
  • Ability to interact effectively with internal and external customers.
  • Requires strong digital literacy in Bloomberg, FactSet, SAP, Blackline and Microsoft Access, Excel and Word.