Senior Analyst Investment Accounting

Empower

1d • $83,400 - $117,750 • Hybrid

About The Position

Position responsible for accurate and timely accounting for investments and investment programs on an IFRS, USGAAP, STAT basis along with financial statement reporting support, regulatory reporting support and managerial reporting support. Accounting encompasses: Implementation of accounting guidance and policy; Investment system set up review, monitoring transaction set up and processing oversight monitoring and maintenance of investment system feed to general ledger and other systems used for reporting support (IRDB, BRDB, GRDB). Financial statement and regulatory reporting support encompasses legal entity/reporting entity level review and analysis of accounting for investments. Managerial reporting support encompasses portfolio / line of business metric review of accounting for investments.

Requirements

• Bachelor’s degree in accounting or finance required
• 4-6 years of related accounting experience
• Investment experience
• Advanced Excel skills
• Strong accounting theory skills, research skills and problem-solving skills
• Strong conceptual skill in data movement, moderate IT skills

Nice To Haves

• CPA and / or MBA preferred
• Intermediate MS Access skills

Responsibilities

• Responsible for the presentation in the general ledger of accurate accounting for investments by accounting basis and legal entity.
• Responsible for accurate accounting in the sub-ledger system.
• May be tasked with monthly Inv Sub-ledger System close process.
• Reads, understands, questions new guidance and policy papers from Internal Technical Accounting Group and/or Management.
• Implements accounting guidance and policy and assists with implementation of new or updates to guidance/policy.
• Has conceptual and research skills to research, read and understand technical accounting pronouncements issued by FASB, SEC, NAIC, OFSI, IASB and others.
• Responsible for accurate general ledger presentation of accounting for investments.
• Understands and supports the accurate presentation of investment types on financial statements.
• Understands categorization from general ledger to financial statements and required disclosures per basis.
• General ledger presentation includes implementation of all guidance related to investments including reviews of general ledger results and reconciliations monthly.
• Reconciles and answers to any accounting issues on investments.
• Assists with implementation of new or updates to guidance/policy.
• Assists with F/S documentation and disclosure support.
• May be requested to review F/S or disclosures.
• Works to support investment reporting teams in their preparation of F/S.
• Prepare and/or support F/S, regulatory, or managerial reporting efforts monthly and quarterly.
• Responsible for responding to and assisting with audits on investments includes financial audits, regulatory audits, internal audits etc.
• Periodically reviews set up for investments system for investments and GL feed.
• Test new investment system releases for all processing for investments.
• Participates/assists with new system implementations.
• Transaction, monthly pricing, security SMF set up oversight and control - daily/monthly/quarterly.
• Special Projects as assigned.
• Other duties as assigned.

Benefits

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

What This Job Offers

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