Investment Accounting

Job Summary:

The Investment Accounting is responsible for the accounting and reporting for Invested Assets of over 4 billion a comprised primarily of fixed maturity securities and includes private equity, commercial/residential loans and equity securities. In addition, derivative portfolio consists primarily of includes interest rate and other derivative instruments.

The Investment Accountant is responsibilities include reconciliation of transactional data from various sub-legers to the general ledger and companies' financial statements as well as all related external reporting for investments (Financial Supplement, STAT Audited Financials, Investment NAIC reporting and various government regulatory reports).

Responsibilities:

• Execute and manage accounting processes related to the monthly and quarterly accounting close to ensure accuracy of companies invested.
• Support the preparation of certain Investment disclosures for financial statements, including as appropriate the Investment, Lending, Fair Value, Footnotes and Investment MD&A.
• Prepare financial statements for GAAP and STAT reporting and audits.
• Assist with the implementation of process improvements and new systems, in coordination with other areas of the department/organization
• Point of contact and support for the various business unit and corporate controllers
• Coordinate with various areas in the organization to develop an understanding of new investment transactions and to provide guidance/support that ensures the accounting results from these investments are accurately recorded in the ledgers.
• Perform ad-hoc analytical requests

Education/Experience:

• Minimum High School Diploma/GED required.
• Bachelor's degree in accounting, Finance, Business preferred or relevant experience in lieu of degree.
• Master's degree in business administration, accounting or finance a plus.
• Requires a minimum of seven (7) years of progressively responsible experience with general accounting, financial analysis, financial modeling, and related functions.
• Understanding of investment products and accounting treatment for fixed maturity, equity, cash equivalent and alternative investments
• Working knowledge of Generally Accepted Accounting Principle (GAAP) and the recording of investments-related journal entries
• Strong analytical skills, including experience performing investment data analysis including commentary

Additional Licensing, Certifications, Registrations:

• CPA or other investment/financial certifications preferred.

Knowledge/Skills:

• High level of competency using Microsoft Excel including pivot tables and formulas to create/manage investment data and perform analysis
• Ability to work collaboratively with teams in multiple locations
• Ability to balance multiple projects at once, to prioritize appropriately, and to approach the work with a sense of urgency and strong attention to detail to produce high quality results in a time sensitive environment
• Team-player mindset geared towards process improvements and the implementation of accounting controls to ensure consistency and data quality of the team’s financial output
• High level of motivation and initiative, ability to work independently, including strong organizational skills
• Comfort level working within a dynamic and complex organizational structure
• Excellent interpersonal skills with ability to maintain relationships at all levels within the organization
• Strong written and verbal communication skills; ability to communicate effectively with staff, peers, and other external and internal audiences
• Computer proficiency with a strong working knowledge of Microsoft Office, database experience a plus.

Salary Range:

$98,000 - $134,000

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. This range has been created in good faith based on information known to the company at the time of posting. Compensation decisions are dependent on the circumstances of each case. The company also provides a comprehensive compensation and benefits package which includes:

• Comprehensive health benefits (Medical/Dental/Vision)
• Retirement Plans
• Generous PTO
• Incentive Plans
• Wellness Programs
• Paid Volunteer Time Off
• Tuition Reimbursement

The company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law. The company will consider reasonable accommodation requests as part of the recruiting and hiring process.