Consultant, Technical Accounting - NFS

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Internal Comp Grade is G3

This is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week. 

Consultant, Accounting Advisor (Nationwide Financial Technical Accounting)-This role is responsible for researching and communicating the proper application of GAAP and SSAP accounting standards related to key strategic initiatives and new accounting standards impacting the Nationwide Financial business segment. This role requires the ability to present and explain, both orally and in writing, complex accounting topics to a diverse group of cross functional business partners across Nationwide as well as external auditors.

Job Duties:

• Conducts accounting policy research of GAAP and SSAP standards and coordinates with business partners to ensure standards are applied appropriately to new products and/or strategically important or complex transactions
• Performs review of transaction/product contracts to ensure all relevant accounting implications are identified and considered
• Prepares Ad-Hoc analyses to support conclusions reached with external auditors and regulators
• Prepares pro-forma financial statements for significant or complex transactions and ensures the transaction is reported accurately in the financial statements
• Prepares/performs review of accounting conclusion documentation and coordinates review with external auditors  
• Monitors proposed standard updates and works with business partners to assess the impact of and implement newly issued accounting standards
• Coordinates with the Accounting Policy Team to ensure accounting policies are updated as needed to reflect changes in accounting policy

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

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Job Description Summary

Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you!

As a Consultant, you'll provide consultation on the standard methodologies to acquire, evaluate, interpret, record and analyze financial data used to prepare statements and/or reports for various regulatory and statutory authorities and for internal management. We’ll count on you to demonstrate integrity and solid financial acuity with our customers, business partners and regulators.

Job Description

Key Responsibilities:

• Coordinates the research, analysis and implementation of new and/or revised accounting policies and procedures. Develops recommendations to enhance, improve or facilitate job performance, processing or workflow.

• Advises senior management on acquiring data, records, analyzing and preparing complex accounting transactions and statements.

• Responsible for development and submission of complex accounting and financial transactions required to ensure accurate reporting at all levels.

• Advises management of the accuracy of all reports, forms and data provided to internal and external clients/customers.

• Coordinates development of actions/policies to deal with unfavorable financial situations as disclosed by accounting analysis.

• Functions as the specialist on changes to GAAP and/or STAT regulatory requirements which ultimately impact the submission of financial documents, reports and other data. Provides consultation on the internal impact.

• Acts as project lead in development and design of new and enhanced systems and processes