Note: The job is a remote job and is open to candidates in USA. Empower Retirement, LLC is a company focused on transforming financial lives and fostering a flexible work environment. The Senior Manager VSA Accounting and Reporting will oversee U.S. Statutory and GAAP accounting and financial reporting for Separate Accounts, ensuring compliance and effectiveness in financial processes.
Responsibilities
- Manage staff responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements, and VSA accounting
- Oversee investment presentation in the financial statements on a quarterly basis
- Support leadership analysis of business results of the areas being accounted for to ensure that all required accounting has been properly performed
- Manage the design and implementation of controls pertaining to accounting and financial reporting processes
- Maintain an effective control environment through the mitigation and remediation of control compliance issues
- Research and propose new disclosures and modifications to reports in response to new pronouncements, guidelines and investment types
- Interpret new pronouncements and guidelines issued by authoritative associations in relation to U.S. Statutory, U.S. GAAP, or various regulations for accounting and reporting implications
- Recommend appropriate changes to accounting systems and presentation of information
- Oversee process improvements and system enhancements to increase overall effectiveness and efficiency to support internal and external accounting and reporting initiatives
- Oversee new processes and project implementation
- Oversee audits for Investments and explaining Company’s position
Skills
- Bachelor's degree in accounting, Finance, related field, or equivalent experience
- Public accounting or investment related financial reporting experience
- 7+ years of financial reporting experience required
- Advanced MS Office Skills (Excel, Access and PowerPoint)
- Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles
- Strong technical and analytical skills with ability to communicate effectively, both written and verbally
- Ability to work both independently and collaboratively in a team environment
- Ability to utilize creativity thinking towards improvement of business processes and internal controls, and follow-thru in all stages from design into implementation
- Attention to detail, analytical acumen and excellent organizational skills with the ability to handle and prioritize multiple and competing priorities
- Self-driven with ability to deal with ambiguity, a willingness to learn and take on additional responsibilities
- Proficient in MS Office, including advanced Excel skills
- Process improvement mindset
- CPA license preferred
- 3-5 years of supervisory experience preferred
- Previous experience in investments strongly preferred
- Experience using Alteryx and Wings annual statement software a plus
Benefits
- 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.
Company Overview