Director, Investment Accounting

Nationwide Mutual InsuranceColumbus, OH
3d$138,000 - $243,000Hybrid

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 is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. Job Description Summary 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 Director, you'll build and maintain product/business unit investment accounting policies, practices and standards to meet regulatory and management requirements. We'll count on you to direct recording, consolidation, arrangement, reporting and preservation of all financial data and provide investment accounting consultation, assistance and service to leaders and other internal customers.

Requirements

  • Undergraduate studies in accounting or finance.
  • Ten years of investment accounting experience in insurance or financial services industry.
  • At least five years of management experience.
  • GAAP accounting, tax and systems principles.
  • Insurance investment accounting principles, practices and procedures.
  • Insurance regulatory requirements.
  • Management policies, practices and procedures.
  • Advanced verbal and written communication skills for contact with all levels of associates including business unit leadership, external parties such as public accountants, state examiners, industry professionals and other clients.
  • Ability to analyze and solve investment accounting problems, interpret financial documents and data, analyze legal requirements, examine and monitor investment accounting cycles and flows, and review general ledger entries and audit work papers and schedules.
  • Ability to lead associates in all aspects of assigned investment accounting record maintenance, financial statement preparation, and special projects.

Nice To Haves

  • Post-graduate level studies desirable; minor or concentration in investments.
  • Progress towards CPA preferred.

Responsibilities

  • Directs the investment accounting, preparation, analysis and filing of financial statements, data and exhibits and other reports for internal and external sources.
  • Reviews, advises, counsels and participates actively on new systems developments and other related matters to ensure accuracy of all financial data.
  • Manages special projects/assignments as advised by senior management.
  • Provides advise, counsel and assistance on investment accounting policies and practices.
  • Responds to applicable inquiries from state insurance departments, internal and external auditors and other regulatory agencies.
  • Provides financial information to various Nationwide offices to be used in the support of other filing, analysis and reporting requirements.
  • Directs the preparation of special reports, analyses and financials as requested by management and external agencies.
  • Represents officer/executive as assigned.
  • May attend trade association meetings as company representative.
  • Directs associate management, including performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement and disciplinary actions.
  • May perform other responsibilities as assigned.

Benefits

  • medical/dental/vision
  • life insurance
  • short and long term disability coverage
  • paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
  • nine paid holidays
  • 8 hours of Lifetime paid time off
  • 8 hours of Unity Day paid time off
  • 401(k) with company match
  • company-paid pension plan
  • business casual attire
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