What are the responsibilities and job description for the Investment Accounting Manager position at HCC Service Company, Inc.?
About Us Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don’t even know exist. Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble, we offer more than 100 classes of specialty insurance. Applying our Mind Over Risk philosophy to writing insurance allows our customers take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company. Role Overview We are seeking an Investment Accounting Manager to join our accounting team. In this role, you will manage the preparation, review, and maintenance of all Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles for all of Tokio Marine HCC and subsidiary company investments, including bonds, stocks, and derivatives. Key Responsibilities Relying on broad experience and judgment, this role is accountable for accomplishing the following responsibilities and has substantial latitude for actions or decisions made with minimal review. Manage the daily functions of the applicable accounting department, including, but not limited to, planning, prioritizing and directing workflow, acting as a resource for questions, and interfacing with senior management. Design, review, and recommend financial and accounting policies, processes, procedures, and technology to meet internal and external reporting requirements, improve operational efficiency, and safeguard corporate assets. Plan and execute implementation. Manage complex, standard, and ad hoc reports (monthly, quarterly, and annually), which include analysis, account reconciliations, control checks, manual journal entries, statutory filings, and preparation of financial statements utilizing a broad knowledge of accounting principles. Create, review, and distribute financial information and analyses to both internal and external audiences. Direct the investment disclosures in financial statements on a quarterly basis ensuring reporting consistency in financial statements, board reports, and information provided to analysts. Prepare time-sensitive monthly investment reporting for distribution to management. Create, update, and enhance current management and investor reporting for investments. Coordinate reviews of financial statements and processes with internal and external auditors. Manage communication with internal and external customers regarding departmental work and facilitate the resolution of customer issues. Competencies Planning • Develop work plans, establish timelines, and set goals for assigned work unit. • Assign resources as needed. • Meet commitments on deadlines. Communication • Communicate team or group results to management and make appropriate recommendations. • Prepare written and verbal presentations to convey information. Cost Management • Drive improvement in existing business processes and assist in the identification and implementation of new processes. • Assist in development and is accountable for budget for work unit. • Work within financial objectives set by management. Business Controls and Policies • Comply with all corporate policies and procedures. • Identify control objectives for designated function and implement cost-effective controls designed to meet those objectives. • Test controls to determine if they are performing as intended. People Management • Has full HR responsibility for direct reports including making hiring decisions, training, coordinating work, establishing standards, reviewing work, conducting performance appraisals, and providing coaching or counseling. Qualifications Minimum 4 Year Bachelors Degree in Accounting, Finance, or a related field or the equivalent education and/or experience Preferred Certified Public Accountant (CPA) designation Skills & Experience Minimum of 8 years of relevant and progressive experience in accounting and/or finance At least 5 years in a leadership role Other Public accounting experience preferred Possess and have ability to apply advanced knowledge of principles, practices, and procedures Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company’s business to proactively respond to changing business environment Advanced proficiency and experience using Microsoft Excel and Word IFRS experience preferred In-depth knowledge of bonds, equities, and funds. Why Join Us? At TMHCC, we value innovation, collaboration, and professional growth. You’ll have the opportunity to work on impactful projects, develop your skills, and advance your career in a supportive and dynamic environment. What we offer Competitive salary and employee benefit package Strong learning culture Growth perspectives 6% 401K Match 20 days of PTO and 2 Floating Days Paid parental leave An opportunity to love what you do Equal Opportunity Employer Tokio Marine HCC is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background. And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.