Senior Analyst Investment Accounting

Responsibilities

• Responsible for accounting and presentation of investments according to GAAP, IFRS and statutory standards.
• Responsible for accurate accounting in the sub-ledger system.
• May be tasked with monthly Inv Sub-ledger System close process.
• Reads, understands, questions new guidance and policy papers from Internal Technical Accounting Group and/or Management.
• Implements accounting guidance and policy and assists with implementation of new or updates to guidance/policy
• Has conceptual and research skills to research, read and understand technical accounting pronouncements issued by FASB, SEC, NAIC, OFSI, IASB and others.
• Responsible for accurate general ledger presentation of accounting for investments.
• Understands and supports the accurate presentation of derivatives on the financial statements. Understands categorization from general ledger to financial statements and required disclosures per basis.
• General ledger presentation includes implementation of all guidance related to derivatives including reviews of general ledger results and reconciliations monthly.
• Prepare monthly reconciliations in Blackline, including creating support for reconciling items
• Assists with implementation of new or updates to guidance/policy. Assists with F/S documentation and disclosure support. May be requested to review F/S or disclosures.
• Works to support investment reporting teams in their preparation of F/S. Prepare and/or support F/S, regulatory, or managerial reporting efforts monthly and quarterly.
• Responsible for responding to and assisting with audits on investments includes financial audits, regulatory audits, internal audits etc.
• Periodically reviews set up for investments system for investments and GL feed. Test new investment system releases for all processing for investments.
• Participates/assists with new system implementations. Transaction, monthly pricing, security SMF set up oversight and control - daily/monthly/quarterly.
• Special Projects as assigned
• Other duties as assigned.

Requirements

• Bachelor's degree in accounting or finance required
• 4-6 years of related accounting experience; Investment experience preferred
• What will set you apart:
• CPA and / or MBA preferred
• Advanced Excel skills preferred
• Strong accounting theory skills, research skills and problem solving skills
• Strong conceptual skill in data movement, moderate IT skills
• What we offer you
• We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.
• 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
• Tuiti

Benefits

Additional Information

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. The Senior Analyst, Derivatives Investment Accounting will be a key member of the Derivatives Accounting team and will be responsible for accurate and timely accounting for investments and investment programs on an IFRS, USGAAP, STAT basis along with financial statement reporting support, regulatory reporting support and managerial reporting support. Accounting encompasses: Implementation of accounting guidance and policy; Investment system set up review, monitoring transaction set up and processing oversight monitoring and maintenance of investment system feed to general ledger and other systems used for reporting support (IRDB, BRDB, GRDB). Financial statement and regulatory reporting support encompasses legal entity/reporting entity level review and analysis of accounting for investments. Managerial reporting support encompasses portfolio / line of business metric review of accounting for investments.

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