Investment Accounting Team Lead

Posted:
11/26/2024, 2:43:42 AM

Location(s):
Colorado, United States ⋅ Georgia, United States ⋅ Hartford, Connecticut, United States ⋅ Oklahoma City, Oklahoma, United States ⋅ Kansas, United States ⋅ Wisconsin, United States ⋅ Oklahoma, United States ⋅ Overland Park, Kansas, United States ⋅ Columbus, Ohio, United States ⋅ Illinois, United States ⋅ Minneapolis, Minnesota, United States ⋅ Carmel, Indiana, United States ⋅ Texas, United States ⋅ Missouri, United States ⋅ Boston, Massachusetts, United States ⋅ Virginia, United States ⋅ Minnesota, United States ⋅ Austin, Texas, United States ⋅ Chicago, Illinois, United States ⋅ Houston, Texas, United States ⋅ Irving, Texas, United States ⋅ Raleigh, North Carolina, United States ⋅ Cleveland, Ohio, United States ⋅ Florida, United States ⋅ Connecticut, United States ⋅ Saint Petersburg, Florida, United States ⋅ Massachusetts, United States ⋅ Louisville, Tennessee, United States ⋅ Charlotte, North Carolina, United States ⋅ Cincinnati, Ohio, United States ⋅ Philadelphia, Pennsylvania, United States ⋅ Broomfield, Colorado, United States ⋅ Milwaukee, Wisconsin, United States ⋅ Michigan, United States ⋅ Ohio, United States ⋅ Indiana, United States ⋅ Detroit, Michigan, United States ⋅ Nashville-Davidson, Tennessee, United States ⋅ Pittsburgh, Pennsylvania, United States ⋅ Miami, Florida, United States ⋅ Pennsylvania, United States ⋅ North Carolina, United States ⋅ Atlanta, Georgia, United States ⋅ Tennessee, United States

Experience Level(s):
Senior

Field(s):
Accounting

The Investment Accounting Team Lead is responsible for the accounting and reporting for a global insurance company's invested asset. These assets total over 330 billion and are comprised primarily of fixed maturity securities and includes private equity, hedge funds, commercial residential loans and equity securities. The Investment Accounting group specific responsibilities include reconciliation of transactional data from various sub ledgers Clearwater, Investran, and LMS to the general ledger and ultimately the company s financial statements as well as all related external reporting for investments 10Q K, Financial Supplement, STAT Audited Financials and Investment NAIC reporting. The team is also responsible for the implementation of new accounting systems as it relates to invested assets, implementation of new GAAP and STAT accounting standards as it relates to invested assets, establishing the accounting for new transactions or new investment types and management of the risks, controls and audit as it relates to investments and supporting Investment FP&A.


Key Responsibilities:

  • Execute and support accounting processes related to the monthly and quarterly accounting close to ensure accuracy of client's invested assets data.

  • Prepare the client's statement of cash flows for investments.

  • Execute and support the preparation of certain Investment disclosures for client's 10QK and Financial Supplement. These include all Investment, Lending, Fair Value, VIE Footnotes and Investment MDA.

  • Assist in new initiatives for process improvements and systems implementations, in coordination with other areas of the department organization.

  • Prepare annual investment related NAIC STAT reporting exhibits, schedules, and disclosures.

  • Point of contact and support for the various business unit and corporate controllers.

Basic Qualifications:

  • Minimum of 3 years' experience in Investment Accounting or one of a combination of the following Insurance, Financial Services, and/or Finance Accounting


Preferred Qualifications:

  • Bachelor's degree with a major in a quantitative field e.g., Finance, Accounting, Math, Statistics advanced degree or CPA a plus

  • Experience in accounting and reporting for investments.

  • Experience in controllership or financial reporting role at a public company insurance sector experience a plus

  • Strong knowledge of financial instruments, including fixed income and equity securities, loans, alternative investments, and more

  • Knowledge of GAAP accounting pronouncements, US GAAP and US insurance statutory disclosure and reporting requirements for invested assets

Professional Qualifications:

  • Comfort with uncertainty and fluidity and can work in an agile manner.

  • Strong written and oral communication skills

  • Organizational skills and ability to multitask with a variety of systems and processes to meet competing deadlines.

  • Highly motivated, attention to details, Strong analytical and critical problem-solving skills.

  • Self-starter, and a team player with ability to communicate with teams with various backgrounds.

  • Collaborate and interact effectively with all levels of staff and management.

  • Maintain a positive attitude with the ability to make sound decisions with minimal supervision.

Compensation at Accenture varies depending on a wide array of factors, which may include but are not limited to the specific office location, role, skill set, and level of experience. As required by local law, Accenture provides a reasonable range of compensation for roles that may be hired in California, Colorado, District of Columbia, Illinois, Maryland, Minnesota, New York or Washington as set forth below.

We accept applications on an on-going basis and there is no fixed deadline to apply.

Information on benefits is here.

Role Location                                    Annual Salary Range

California                                          $63,800 to $154,800

Colorado                                           $63,800 to $133,700

District of Columbia                     $68,000 to $142,400

Illinois                                               $59,100 to $133,700

Minnesota                                        $63,800 to $133,700

Maryland                                          $59,100 to $123,800

New York                                          $59,100 to $154,800

Washington                                      $68,000 to $142,400

About Accenture

Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com 

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Accenture

Website: https://accenture.com/

Headquarter Location: Dublin, Dublin, Ireland

Employee Count: 10001+

Year Founded: 1989

IPO Status: Public

Last Funding Type: Grant

Industries: Business Information Systems ⋅ Construction ⋅ Consulting ⋅ Information Services ⋅ Information Technology ⋅ Infrastructure ⋅ Management Consulting ⋅ Outsourcing