Investment Accountant

Position Summary

The Investment Accountant is responsible for the accounting, reporting, and reconciliation of the organization's investment portfolio. This role oversees monthly close activities, statutory and GAAP reporting, audit support, regulatory compliance, and process improvement initiatives. The ideal candidate brings strong investment accounting experience, expertise in insurance or financial services reporting, and the ability to analyze and communicate complex financial information to stakeholders.

Key Responsibilities

• Manage monthly investment accounting close activities, including journal entries, account reconciliations, rollforwards, and supporting schedules.
• Prepare and maintain investment-related reporting under Statutory, GAAP, and NAIC accounting standards.
• Ensure investment accounting records are accurate, complete, and properly documented.
• Account for investment income, securities transactions, realized and unrealized gains/losses, fair value adjustments, and impairments.
• Support internal and external audits by coordinating requests, providing documentation, and resolving accounting-related issues.
• Maintain and strengthen internal controls over investment accounting, reporting, and close processes.
• Monitor regulatory, accounting, and reporting changes impacting investment accounting activities.
• Prepare financial analyses, schedules, and management reporting related to investment performance and accounting results.
• Partner with Treasury, Finance, Tax, Compliance, Actuarial, and Technology teams to ensure accurate financial reporting.
• Identify opportunities to improve processes, automation, controls, documentation, and reporting efficiency.
• Lead remediation efforts related to audit findings, control enhancements, and regulatory changes.
• Communicate accounting results, risks, and reporting issues to management and cross-functional stakeholders.

Experience

Required Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field.
• 7+ years of progressive accounting or finance experience, including investment accounting and financial reporting.
• Experience with investment accounting concepts, including securities, investment income, fair value accounting, and gains/loss recognition.
• Experience supporting audits, internal controls, reconciliations, and regulatory reporting.
• Demonstrated leadership experience, including reviewing work, coaching team members, and managing deadlines.

Technical Skills

• Strong knowledge of Statutory Accounting Principles (SAP), GAAP, and NAIC reporting requirements.
• Experience with Oracle ERP, Oracle ARCS, Oracle Task Manager, Clearwater, and Microsoft Excel.
• Strong analytical, problem-solving, and financial reporting skills.
• Ability to communicate complex accounting concepts to both finance and non-finance audiences.
• Experience with SOX or similar internal control frameworks.

Preferred Qualifications

• 10+ years of investment accounting experience within insurance, banking, or financial services environments.
• Experience leading investment accounting or statutory reporting functions.
• CPA designation preferred.
• Master's degree in Accounting, Finance, Business, or related field.
• Advanced data analysis, reporting, automation, or AI-related capabilities.

Salary

• $70,000 - $95,000