Manager, Accounting Advisory- Investments

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Offer summary

Qualifications:

Bachelor’s degree in accounting required., 7+ years of work experience in accounting or related fields., CPA highly preferred, with recent Sarbanes-Oxley experience preferred., Extensive knowledge of insurance company investment accounting topics is strongly preferred..

Key responsibilities:

  • Participate in cross-functional teams to evaluate new investments and their financial reporting implications.
  • Assess financial report implications of organizational initiatives related to investments.
  • Monitor and disseminate updates on GAAP and Statutory accounting guidance throughout the organization.
  • Support the creation and maintenance of the Company’s accounting policies and execute assigned controls.

F&G logo
F&G Insurance SME https://www.fglife.com/
501 - 1000 Employees
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Job description

Job Summary

The Manager, Accounting Advisory – Investments will be part of the Accounting Advisory team at F&G, which is responsible for ensuring compliance with GAAP and Statutory reporting for F&G and its insurance carriers. This position’s is responsible for providing accounting advice for asset classes in F&G’s existing investment portfolio (bonds, mortgages, derivatives, and various forms of equity investments).  It participates in cross-functional teams with investment-related financial reporting implications and influences structuring.  The position is also responsible for the recognition and ongoing accounting for new investments or asset classes acquired by F&G.As a core contributor to the team, this position will be become a key point of contact for professionals throughout the organization for accounting inquiries.

This position will report to the Director, Accounting Advisory – Investments and will work cross-functionally with business partners within the organization including, but not limited to: Investment Strategy, Hedging, Middle Office, Investment Accounting, Capital Planning.

Duties and Responsibilities

  • Participate on cross-functional teams involved in:
  1. Evaluating new bespoke investments presented by asset managers by ensuring awareness and understanding of the financial reporting outcomes generated.
  2. Assessing financial report implications of organizational initiatives with investment-related impacts (e.g.consolidation, asset transfers, new derivatives and hedging programs, capital financing).
  • Evaluate, document, and provide education where necessary on appropriate GAAP and Statutory accounting and financial reporting requirements for new investments acquired, new investment-related strategic initiatives, and the existing investment portfolio.
  • Monitor GAAP and Statutory accounting guidance updates to assess applicability to the Company.
  • Disseminate the impact of new accounting guidance throughout the organization and work cross-functionally to ensure the Company is appropriately aware of the impacts of all relevant accounting literature.
  • Support the creation and maintenance of the Company’s accounting policies.
  • Execution of assigned controls on a quarterly basis, including those related to accounting for new investments and consolidation.

Experience and Education Requirements

  • Bachelor’s degree in accounting required.
  • 7+ years of work experience.
  • CPA highly preferred.
  • Recent Sarbanes-Oxley experience preferred.
  • Experience researching accounting guidance or previous accounting policy experience.
  • Extensive knowledge for insurance company investment accounting topics strongly preferred (e.g., fixed income investments, equity investments, derivatives, hedging, asset transfers, IMR/AVR, affiliated accounting models).
  • Big 4 experience in the insurance audit practice or an accounting advisory role that focuses on accounting for investments is a plus.

Knowledge, Skills & Abilities

  • Strong analytical, organizational, and communication skills.
  • Ability to work independently and manage multiple assignments.
  • Ability to research accounting issues, write professional and quality accounting policies and position papers and communicate conclusions effectively in both oral and written means to management.
  • Ability to exercise judgment, present alternatives, and make recommendations.
  • Ability to communicate and build relationships with business partners.
  • Ability to remain flexible and work in a fast-paced environment.
  • Ability to work under short timelines and manage multiple tasks.

Other Requirements

  • Perform other functions, duties and projects, as assigned.
  • Regular and punctual attendance.
  • Some travel required (less than 10%).

#IND-HP

#LI-MK1

#LI-Remote

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 Workplace1, an Iowa Top Workplace2 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.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022

 

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Required profile

Experience

Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Analytical Skills
  • Communication
  • Time Management
  • Organizational Skills
  • Physical Flexibility
  • Relationship Building

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