Manager Investment Accounting

<strong>We&rsquo;re motivated by the fact that educators take care of our children&rsquo;s future, and we believe they deserve someone to look after theirs. We help educators identify their financial goals and develop plans to achieve them. This includes insurance to protect what they have today and financial products to help them prepare for their future.</strong>

Springfield, IL; Addison, TX; Cherry Hill, NJ

Horace Mann

<h4>We&rsquo;re motivated by the fact that educators take care of our children&rsquo;s future, and we believe they deserve someone to look after theirs.&nbsp; We help educators identify their financial goals and develop plans to achieve them.&nbsp; This includes insurance to protect what they have today and financial products to help them prepare for their future. Our tailored offerings include special rates and benefits for educators.</h4> https://recruiting.adp.com/srccar/public/RTI.home?d=ExternalCareerSite&c=1138841#/

keywords: summary,job description,analysis,management,other duties,education & experience

Finance & Planning

Overview: <p><strong>Summary</strong></p> <p>The responsibilities of the Manager, Investment Accounting include oversight of the accounting and reporting for insurance company investments. The candidate must possess strong Statutory and GAAP accounting and reporting knowledge for investments to support timely and accurate accounting. Experience with accounting for structured securities, options, limited partnerships, and commercial mortgage loan investments is beneficial, with an emphasis on equity method of accounting.</p> <p><strong>Organization </strong></p> <p>This position reports to the AVP, Investment Accounting, and will lead a small team of investment accounting professionals working closely with our custodian bank and external investment managers.</p> <br /> <p>&nbsp;</p>
Responsibilities: <ul> <li>This position is responsible for accounting and reporting for invested assets totaling about $7B.&nbsp; Accounting records are maintained on a Statutory and GAAP basis.&nbsp;</li> <li>Lead the preparation and review of GAAP and Statutory financial statement disclosures and schedules for the investment portfolio.</li> <li>Review reports, account reconciliations, analysis and documentation of investment-related general ledger income statement and balance sheet accounts. This includes working closely with the third-party accounting administrator to research and resolve variances and reconciling items.</li> <li>Research and analyze regulatory, technical, or other information, as deemed necessary</li> <li>SOX Control Owner for investment accounting processes and quarterly testing. Responsible for ensuring the processes are properly documented as to policies, procedures, and controls.</li> <li>Provide internal audit, external audit, deliverables related to investment accounting</li> <li>Continuously challenge and improve processes to drive efficiencies in accounting processes and the production of deliverables, including financial statement support and footnote details.&nbsp;</li> <li>Responsible for special projects and other duties as assigned</li> </ul>
Requirements: <ul> <li>Bachelor&rsquo;s degree in accounting or finance</li> <li>5+ years of investment accounting, financial reporting, or auditing experience</li> <li>Experience in a leadership role</li> <li>Familiarity with Bloomberg, investment accounting platforms and systems (e.g., BlackRock Aladdin, State Street PAM, and SS&amp;C CAMRA) or similar investment accounting systems</li> <li>A solid understanding of the accounting requirements for investment products in accordance with statutory and GAAP accounting principles.&nbsp;</li> <li>Industry experience in life insurance or financial services industries preferred</li> <li>Knowledge of Microsoft office technology and software (Microsoft Word, Excel, Power Point, and Outlook)</li> </ul> <p><strong>&nbsp;Skills and Abilities</strong></p> <ul> <li>Strong communication, organization, and analytical skills.</li> <li>An ability to handle multiple complex tasks and prioritize in a fast-paced environment.</li> <li>Ability to balance the day-to-day accounting requirements with the value-added role supporting management in planning and executing the business plan.</li> <li>Expertise to improve processes and utilize technology to make procedures and processes more efficient.</li> <li>Self-directed individual who works well with teams.</li> </ul>