Consultant, Financial Reporting Advsior

Nationwide Mutual Insurance•Columbus, OH

7d•Hybrid

About The Position

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. This role is responsible for leading key financial statement preparation activities and managing internal business partner relationships, including, but not limited to, the following: P&C Audited Reports for GAAP and STAT, including Enterprise Consolidated, Mutual Stat Consolidated, Titan, and E-Risk GAAP to Stat walks, Fortune reporting, surveys, and regulatory reporting, including GCC P&C Segment GAAP analytics and quarterly reporting Additionally, this role has indirect people leadership and will help lead two Specialists on the team. It will lead continuous improvement opportunities within reporting and provide ongoing ad hoc support for leadership and business partner requests. Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you! As a Consultant, you'll plan, coordinate and performs the most complex functions associated with GAAP and statutory financial reporting, premium taxes, payroll taxes, and/or statistical and supplemental statutory reporting requirements, including researching and drafting new disclosures or reports. We'll count on you to help supervise staff and work closely with leaders within and across the department and other key executives throughout the organization.

Requirements

Undergraduate degree in business administration, accounting, finance, insurance or other relevant academic subject areas preferred.
CPA or relevant industry designation (e.g., CPCU, IIA, FLMI) preferred.
More than five years in public accounting, equivalent industry experience or relevant insurance experience.
GAAP and/or Statutory accounting bases.
Insurance regulatory requirements.
Complex financial statement preparation including consolidation of companies/subsidiaries.
Financial/statistical analysis.
Principles of taxation and the related impact on financial statement preparation.
Accounting and/or business operating systems.
Project management concepts and techniques.
Must have the ability to analyze financial or statistical results and trends and interpret complex financial reporting requirements.
Must have verbal and written communication skills, with an ability to communicate professionally with regulators and business partners.
Ability to interpret changes in financial or statistical reporting and legal/regulatory requirements relative to the impact on financial statement preparation, premium and payroll taxes, and supplemental or statistical filings and to the formulation of company or business area policies and procedures.
Must possess decision-making skills for problem identification and appropriate solution recommendation.
Must have the ability to operate and maintain efficient financial information networks, systems and software.
Strong self-starter with a high degree of organizational skills
Focus on continuous improvement and new technology capabilities
Strong problem-solving skills, and an analytic mindset
Ability to quickly adapt
Understanding of technical accounting principles
Familiarity with GAAP and statutory reporting requirements and processes
Ability to comfortably utilize Essbase, PeopleSoft and OACS are preferred.

Nice To Haves

Essbase, PeopleSoft and OACS are preferred.

Responsibilities

Leads the planning, preparation and review of complex federal, state and local statutory financial statements and reports, supplemental and statistical forms and data calls, and/or employment, premium, sales/use and personal property tax returns as well as related journal entries in accordance with state and federal laws, regulations and/or instructions.
Coordinates and actively participates in the development and design of new and enhanced systems and processes within the assigned area(s).
Manages and/or reviews and evaluates quarterly financial results and analyzes trends to ensure accurate reporting, integrity of data and to avoid fines and penalties.
Stays informed and analyzes the potential impact of pending legislation and proposed new or revised GAAP and statutory accounting policies, including the evaluation of the cost to the enterprise.
Coordinates the research, analysis and implementation of new and/or revised accounting policies, procedures and disclosures with Accounting policy.
Leads financial pre-close and close discussions.
Responsible for maintaining close task management and tracking through workflow tool to help achieve close and reporting deadlines.
Ensures timely initiation of high dollar amounts of related tax and fee payments as required by the state and federal laws, regulations and instructions.
Provides audit evidence and support to external audit firms and state departments of insurance.
Responds to requests and inquiries from external auditors, IRS, state departments and examiners, statistical bureaus, and/or other regulatory agencies on analytical inquiries, compliance and/or data quality/integrity matters.
Prepares and/or reviews information to be used in the administration and settlement of federal, state and local financial and tax audits.
Supervises the optimization of financial and regulatory reporting processes to produce high-quality results in an efficient and effective manner, while meeting all established timelines.
Responsible for finding opportunities across the organization to streamline reporting processes.
Coordinates and reviews work performed by less experienced staff and offshore contractors.
Researches and counsels senior management on key competitor and industry financial reporting practices.
Prepares, reviews and maintains documentation and testing of controls over financial reporting.
Assists in design, implementation and operation of internal controls over financial and regulatory reporting processes.
Leads initiatives to strengthen Controllership's analytic competencies.
Coordinates and leads multi-team efforts on selected projects.
Serves as a resource manager to support high-demand timeframes on the reporting and reconciliation teams.
May perform other responsibilities as assigned.