Lead Investment Accountant - Close & Analysis

Job Description

Job Summary

The Lead Investment Accountant - Close and Analysis 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 structure and will be responsible for the reconciliation and controls of multiple investment types including fixed maturity, private placements, derivatives and mortgage loans. This position will also be responsible for net investment income analysis and review of investment cash flows.

Duties and Responsibilities

Review of transaction level data within investment accounting system to ensure completeness and accuracy

Liaise with Investments FP&A and Investment Strategy teams on analysis of net investment income and other key financial data

Liaise with asset managers and Investment Strategy to ensure completeness and accuracy of investment cash flows for structured securities.

Support internal control objectives for Investment accounting by identifying key risks, adhering to controls, documenting controls for compliance and testing, and remediating any control gaps.

Assist in the coordination of both external and internal audit requests

Provide regular updates to investment accounting senior management keeping them well-informed of any issues, shortcomings, or accomplishments of the team

Actively seeks and proposes methods for continuing process improvements in the reporting, analysis and system functions.

Experience and Education Requirements

Bachelor's Degree in accounting or finance required or equivalent experience

Minimum 5 years of experience in investment accounting industry

Experience developing process optimization within the boundaries of corporate infrastructure and regulatory environment

CPA preferred

Insurance industry (Life, annuity, reinsurance) preferred

Clearwater, Oracle and Essbase experience preferred

Knowledge, Skills & Abilities

Must possess GAAP and Statutory financial accounting knowledge for investments

Knowledge of various investment asset types, i.e. fixed, equity, derivatives, mortgage loans, etc.

Must demonstrate a strong working knowledge of accounting for investments and assist with research and resolution of complex accounting issues

Proficient in Excel. Experience with Clearwater Analytics investment accounting platform a plus.

Able to work & effectively communicate with all levels of management, including executive management.

Strong verbal and writing skills

Demonstrated ability to take initiative and work independently

Strong analytical and problem-solving skills and courage to challenge existing processes

Ability to handle multiple complex tasks & prioritize in fast paced environment

Detailed oriented problem solver

Self-directed individual who works well with teams

Embraces and demonstrates F&G's cultural values

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 .

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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