Note: The job is a remote job and is open to candidates in USA. Empower is a financial services company focused on helping customers achieve financial freedom. The Lead Analyst, Investment Reporting oversees and reviews statutory, GAAP, regulatory, tax, and Board financial reporting for investment portfolios, while coordinating audits, interpreting accounting guidance, and ensuring accurate disclosures and reporting. The role also analyzes financial results, reconciles ledger balances, and supports reporting process and project implementation.
Responsibilities
- Responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements and surveys
- Coordinate investment presentation in the financial statements on a quarterly basis
- Ensure consistency in the financial statements, board reports and information provided to analysts
- Research and propose new disclosures and modifications to reports in response to new pronouncements and guidelines
- Determine appropriate disclosures related to new investment types
- Interpret new pronouncements and guidelines issued by authoritative associations in relation to U.S. Statutory, U.S. GAAP, or various regulations
- Recommend appropriate changes to accounting systems and presentation of information
- Responsible for coordinating audits for Investments and explaining Company’s position
- Responsible for monitoring the reporting database and making adjustments where necessary
- Assist with new process and project implementation
- For Insurance Company, subsidiaries and affiliates, ensuring a proper audit trail of financial statements numbers
- Analyze and interpret financial results
- Prepare audit documents upon request
- Explain reports and position to auditors as necessary
- Respond to ad-hoc reporting requests requiring interpretation of requests, professional formatting and explanation of results
- Reconcile and research ledger balances for accuracy between multiple systems
- Other duties as assigned
Skills
- Bachelor's degree in accounting
- 5-7 years of financial reporting experience required
- Advanced MS Office Skills (Excel, Access and PowerPoint)
- Understanding of various reporting systems (Blackline, EASY, SAP, PAM, Phoenix, Unit Value Cloud)
- Public accounting or investment related financial reporting experience
- Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles
Benefits
- Flexible work environment
- Fluid career paths
- Internal mobility
- 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
- Tuition reimbursement up to $5,250/year
- Business-casual environment that includes the option to wear jeans
- Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
- Paid volunteer time — 16 hours per calendar year
- Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
- Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
- Remote work arrangement
- Other necessary computer equipment will be provided
Company Overview