Specialist, Financial Reporting - Enterprise Reporting

Nationwide•Columbus, OH

2d•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 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. #LI-CA1 #nationwidefinance #enterprisereporting #controllership Job Description Summary Would you thrive in an inclusive work environment where you can lead, adapt and innovate? Do you want to invest in yourself and work in an environment of problem solving, collaboration and learning? If you’re ready to lead in a technology-enable, digitally focused organization, where Controllership is a captivating and respected career, we want to hear from you! As a Specialist, you'll perform and review 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. You may have opportunities to review and supervise less experienced staff and will work on monitoring and evaluating controls, conduct income/expense analysis and work on special projects.

Requirements

Undergraduate degree in business administration, accounting, finance, insurance or other relevant academic subject areas preferred.
More than three 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 computer systems.
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 solution recommendation.
Must have the ability to operate and maintain efficient financial information networks, systems and software.

Nice To Haves

Progress towards CPA or relevant industry designation (e.g., CPCU, IIA, FLMI) preferred.

Responsibilities

Prepares and reviews higher complexity 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 as assigned according to state and federal laws, regulations and/or instructions. These reports, forms, returns, and data calls are provided to various state and federal regulatory bodies, Fortune Magazine, various ratings agencies (S&P, Moody's, AM Best, etc.), debt-holders, the Nationwide Audit Committee, various state agencies and/or others.
Leads, under general direction, the development and design of new and enhanced systems and processes within the assigned area(s).
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 assists in analyzing 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.
Assists with or leads financial pre-close and close discussions.
Responsible for maintaining close task management and tracking through workflow tool to help achieve close and reporting timelines.
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, under general guidance. Also 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 information to be used in the administration and settlement of federal, state and local financial and tax audits.
Assists in improving the monthly/quarterly close and reporting process, including reviewing and assessing results prepared by supervisors and peers.
Reviews work performed by less experienced staff, as requested and under general guidance.
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, as assigned.
Makes recommendations to optimize processes to produce high-quality results in an efficient and effective manner, while meeting all established and regulatory timelines.
Supports the development of various analytic tools to bolster Controllership’s analytic competencies.
Coordinates legal and manages reporting changes with business partners and Nationwide Technology.
Coordinates and leads multi-team efforts on selected projects.
Prepares special reports and presentations to management and internal customers as advised.
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