Investment Accounting & Reporting Associate Director

Zurich Insurance Group•Parsippany, NJ

1d•Hybrid

About The Position

Zurich Group Investment Management, Inc. (ZGIM), part of Zurich North America, is hiring an Investment Accounting & Reporting Associate Director for its Investment Administration and Accounting (IAA) team in Parsippany, New Jersey. IAA is a global function responsible for the accuracy, transparency and governance of investment accounting, valuation and reporting across the organization. The team safeguards investment data integrity, supports regulatory and audit compliance, and provides information for strategic portfolio and business decisions. It also works to standardize and improve processes across regions through technology, automation and collaboration. The Associate Director will lead investment subledger activities and oversee investment accounting and reporting, applying technical expertise in security accounting, valuation, posting logic and system configuration. The role owns monthly close and reporting cycles, addresses complex accounting issues, supports audit and reporting inquiries, and prepares and reviews statutory and tax schedules. It also leads process improvement, automation, internal controls and quality assurance initiatives, while coaching Associates and remaining hands-on in technical work. The position applies IFRS, US GAAP, US Statutory (NAIC) and US Tax knowledge. The advertised national salary range is $94,750–$155,125, with eligibility for a 15% short-term incentive bonus. The position is full-time and hybrid, based in Parsippany, NJ. Employment sponsorship is not offered.

Requirements

Bachelor’s degree in Investment Accounting or Finance and at least 5 years of experience, or a high school diploma (or equivalent) and 7–10+ years of experience in Investment Accounting or Finance.
Demonstrated knowledge and practical application of US GAAP, US Statutory and US Tax accounting principles.

Nice To Haves

Professional accounting designation such as CPA, CA, ACCA or equivalent.
At least 2 years of post-qualified accounting or investment accounting experience.
Public accounting background.
CFA designation.
Experience with SAP, BW or other investment subledger and reporting platforms.
Extensive understanding of investment products, including fixed income, equities, structured products, private debt and alternative assets.
Proactive, solutions-focused mindset, including spotting issues early and improving processes.
Ability to work independently under pressure and manage competing priorities in a fast-paced, deadline-driven environment.
Strong problem-solving and decision-making skills.
Clear written and verbal communication skills, including the ability to explain complex information clearly.
Data analytics skills using Excel and BI tools such as Power BI or Tableau.
Influence and stakeholder skills to align cross-functional teams and support decisions across Finance, Investment Management and Operations.
Interest and ability in coaching Associates and helping them develop technical skills and apply standards consistently.
Experience driving automation and operational excellence in investment accounting or reporting.
Curiosity about emerging technology, including practical uses of AI for innovation and continuous improvement.

Responsibilities

Lead and oversee investment subledger activities, applying expertise in security accounting, valuation and posting logic and ensuring system processes are accurately configured and operating.
Execute and review monthly close and reporting, including monthly and quarterly investment reports for internal stakeholders, auditors and business partners.
Serve as an escalation point for complex issues, perform advanced reviews, identify root causes and drive corrective action through completion.
Perform the monthly hard-close cycle and ensure investment accounting results are timely and meet quality standards.
Apply IFRS, US Statutory (NAIC), US GAAP and US Tax knowledge to analyze instrument behavior, validate results, provide insights and resolve audit or reporting queries.
Prepare and review NAIC statutory investment schedules and maintain accurate, compliant reporting as requirements evolve.
Prepare, review and validate US Tax reporting data, tax-basis calculations and tax schedules in line with IRS rules.
Lead cross-functional improvement initiatives to strengthen reporting quality, internal controls and end-to-end processes.
Drive digitalization and automation using tools such as Power BI, Power Automate, Python and AI agents.
Develop and maintain internal controls and quality assurance across investment accounting and reporting activities.
Coach Associates, build their analytical capabilities and promote consistent application of accounting policies and control standards.