Sr. Investment Accountant
Job Summary
The Sr. Investment Accountant is responsible for performing various duties related to accounting and reporting for investments. This position is part of the Close and Analysis team within the organization’s Investment Center of Excellence (COE) and will assist with the monthly accounting close, various reconciliations and control execution for the Company’s investment portfolio. The ideal candidate will enjoy collaborating with other teams, challenging current processes and driving efficiencies.
Duties & Responsibilities
Investment Accounting Operations
Perform timely GAAP/Stat basis reconciliations for investment and investment related accounts (i.e. suspense, accounts payable/receivables) between subledger and general ledger. This includes researching and resolving variances and ensuring completeness and accuracy of general ledger.
Prepare manual journal entries and extract general ledger details from Oracle on an ad hoc basis.
Analyze and interpret investment data and explain the underlying causes of variances and fluctuations.
Manage high volumes of investment-related financial data and transactions with exceptional organizational skills, ensuring accuracy and taking full ownership of assigned processes from inception to completion.
Perform monthly close tasks and procedures to ensure timely and accurate Clearwater monthly close, proactively communicating and resolving issues with the Clearwater team.
Assist in the coordination of both external and internal audit requests.
Internal Controls & Operational Excellence
Proactively plan for contingencies and identify, propose, and implement process improvements.
Support internal control objectives through risk identification, control execution, documentation, and gap remediation.
Serve as a subject matter expert on assigned duties, providing insight to management to support effective decision-making and operational efficiency.
Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.
Knowledge, Skills & Abilities
Strong understanding of current processes and overall workflow
Ability to identify and implement process improvements, internal control enhancements, automation and efficiencies
Ability to independently learn proficiency in financial systems with the tools and coaching provided
Ability to brainstorm, research and provide possible solutions to ad hoc questions from the functional area’s business partners
Ability to perform analysis and challenge the outcome against expected results
Strong written and verbal communication, organization and interpersonal skills necessary to establish and maintain effective working relationships with others
Able to work & effectively communicate with all levels of management, including executive management.
Support effective partnerships with key groups and individuals and have good consultation and change management skills.
Strong verbal and writing skills
Ability to handle multiple complex tasks and prioritize in a fast-paced environment
Strong attention to detail
Proficiency in Microsoft Office
Minimum Qualifications
Bachelor’s degree in Accounting / Finance or other relevant degree
2+ year of relevant experience
2+ years of experience in related field or combination of experience with a professional designation (CPA, CFA, CIA, CISA, etc.) considered
Preferred Qualifications
Clearwater experience preferred
Insurance industry experience preferred (Life, annuity, reinsurance)
Professional designation in related field preferred (CPA, CFA, CIA, CISA, etc.)
Other Requirements
This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
Perform other functions, duties and projects as assigned
Regular and punctual attendance
Ability to travel up to: 10% of the time
#LI-Remote #LI-MB1 Additional Information
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.
As a national Top Workplace 1 , an Iowa Top Workplace 2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.
1 Top Workplaces USA 2022 – 2023
2 Des Moines Register Top Workplaces 2018 – 2022
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