Senior Manager VSA Accounting & Reporting

Empower

6d • $105,700 - $149,275 • Hybrid

About The Position

The Sr Manager VSA Accounting and Reporting is responsible for overseeing and reviewing U.S. Statutory (NAIC – National Association of Insurance Commissioners) and U.S. GAAP, regulatory, tax and/or Board accounting and financial reporting for Separate Accounts of the Insurance Company, subsidiaries and affiliates. This role requires a thorough understanding of accounting pronouncements and appropriate application to the investment portfolio.

Requirements

• Bachelor’s degree in accounting, Finance, related field, or equivalent experience.
• Public accounting or investment related financial reporting experience
• 7+ years of financial reporting experience required
• Advanced MS Office Skills (Excel, Access and PowerPoint)
• Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles
• Strong technical and analytical skills with ability to communicate effectively, both written and verbally
• Ability to work both independently and collaboratively in a team environment
• Ability to utilize creativity thinking towards improvement of business processes and internal controls, and follow-thru in all stages from design into implementation
• Attention to detail, analytical acumen and excellent organizational skills with the ability to handle and prioritize multiple and competing priorities
• Self-driven with ability to deal with ambiguity, a willingness to learn and take on additional responsibilities
• Proficient in MS Office, including advanced Excel skills
• Process improvement mindset
• Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.

Nice To Haves

• CPA license preferred
• 3-5 years of supervisory experience preferred
• Previous experience in investments strongly preferred
• Experience using Alteryx and Wings annual statement software a plus

Responsibilities

• Manage staff responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements, and VSA accounting.
• Oversee investment presentation in the financial statements on a quarterly basis.
• Support leadership analysis of business results of the areas being accounted for to ensure that all required accounting has been properly performed.
• Manage the design and implementation of controls pertaining to accounting and financial reporting processes.
• Maintain an effective control environment through the mitigation and remediation of control compliance issues.
• Research and propose new disclosures and modifications to reports in response to new pronouncements, guidelines and investment types.
• Interpret new pronouncements and guidelines issued by authoritative associations in relation to U.S. Statutory, U.S. GAAP, or various regulations for accounting and reporting implications.
• Recommend appropriate changes to accounting systems and presentation of information.
• Oversee process improvements and system enhancements to increase overall effectiveness and efficiency to support internal and external accounting and reporting initiatives.
• Oversee new processes and project implementation.
• Oversee audits for Investments and explaining Company’s position.

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