Accounting Analyst II

Protective • Birmingham, AL

3d • Hybrid

About The Position

The work we do has an impact on millions of lives, and you can be a part of it. We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most. We are seeking an Accounting Analyst II to join our Investment Accounting team. This role is responsible for performing certain investment accounting functions for the Company’s $80 billion investment portfolio. This role will work closely and collaboratively with numerous areas inside and outside of the Company, including other areas of accounting, investment management, investment operations, and asset/liability management.

Requirements

• Bachelor of Science in Accounting from an accredited university
• 3+ years of accounting experience
• Experience with investment accounting or financial instruments (fixed income, derivatives, structured products)
• Familiarity with PAM or similar investment accounting systems
• Exposure to insurance industry accounting, including Statutory reporting
• Experience supporting GAAP and regulatory financial reporting processes
• Advanced Excel skills (e.g., pivot tables, lookups, data analysis)
• Experience working with large, complex data sets and reconciliations
• Involvement in system implementations, process improvements, or automation initiatives
• Prior collaboration with cross-functional teams (e.g., investment operations, asset management)
• Experience in Microsoft Excel and Office Suite
• Technically proficient with systems (PAM is a plus). Must understand systems and processes in order to follow procedure and information flows.
• Strong organization and time-management skills to accomplish all tasks in established deadlines
• Ability to take ownership of, develop, and complete complex, multifaceted projects
• Must be able effectively to handle multiple projects simultaneously in a deadline-driven environment
• Ability to work independently and as part of a team taking on new responsibilities with a high level of importance
• Ability to take ownership of work product
• Ability to work closely and professionally with various teams inside and outside of Protective - prior experience a plus
• Vision acuity required to include close vision, color vision, distant vision, and the ability to adjust focus
• Ability to grasp objects such a telephone or computer mouse, finger dexterity to use a keyboard, calculator, and standard office equipment
• Ability to walk, stand, reach with hands and arms; stoop kneel, crouch
• Ability to frequently sit for extended periods of time
• Ability to hear and talk, both in person and by phone
• Ability to spend extended hours in front of a computer screen

Nice To Haves

• CPA or progress toward CPA designation is a plus
• CPA designation is a plus
• Exposure to GAAP and Statutory Accounting is a plus
• Previous experience with Investments is a plus

Responsibilities

• Ensure the data integrity of inputs into PAM (Protective’s investment accounting system)
• Execute various month-end close processes (data validation and compliance, variance analysis, subledger balancing, etc.)
• Perform key investment accounting functions/reporting as they may change from period to period
• Develop deepening understanding of investment accounting function and how it affects the organization - we are relied upon as subject-matter experts within the organization with respect to securities accounting
• Cooperate with accounting policy team to implement new accounting standards and requirements and ensure compliance with existing regulations
• Apply problem-solving skills to understand and resolve issues in coordination with both internal and external data providers
• Assist with the development, management, and maintenance of investment-related data used for internal and external reporting including transactions, positions, performance, and analysis
• Perform quarterly investment reporting for GAAP filings, Statutory financial reporting, and internal management reporting, including reporting to Protective’s parent company, Daiichi Life Group
• Work with acquisitions team to onboard new assets from acquirees and ensure prompt and accurate integration into Protective’s systems
• Perform PAM Administrator functions including system testing and special projects as needed
• Function as a key team member on various Investment Accounting projects
• Create and maintain process documentation and work instructions for job functions
• Complete various ad hoc requests/projects
• Cross-train on various tasks and responsibilities to improve flexibility in the event of a team member’s absence or in order to balance workload to meet deadlines

Benefits

• comprehensive health, dental and vision insurance
• mental health benefits
• employee assistance program
• paid time off
• paid parental leave
• short-term disability
• a cultural observance day
• contributions to healthcare accounts
• a pension plan
• a 401(k) plan with Company matching
• ProHealth Rewards

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level