Senior Analyst Investment Accounting

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Position responsible for accurate and timely accounting for investments and investment programs, as, on an IFRS, USGAAP, USSTAT basis along with financial statement reporting support, regulatory reporting support and managerial reporting support. Accounting encompasses: Implementation of accounting guidance and policy Investment system set up review, monitoring transaction set up and processing oversight monitoring and maintenance of Inv System feed to general ledger and other systems used for reporting support (IRDB, BRDB, GRDB). Financial statement and regulatory reporting support encompasses legal entity/reporting entity level review and analysis of accounting for investments. Managerial reporting support encompasses portfolio / line of business metric review of accounting for investments.

• Responsible for the presentation in the general ledger of accurate accounting for investments by accounting basis and legal entity.
• Responsible for accurate accounting in the sub-ledger system.
• May be tasked with monthly Inv Sub-ledger System close process.
• Reads, understands, questions new guidance and policy papers from Internal Technical Accounting Group and/or Management.
• Implements accounting guidance and policy and assists with implementation of new or updates to guidance/policy
• Has conceptual and research skill to research, read and understand technical accounting pronouncements issued by FASB, SEC, NAIC, OFSI, IASB and others.
• Responsible for accurate general ledger presentation of accounting for investments.
• Understands and supports the accurate presentation of investments types on financial statements.  Understands categorization from general ledger to financial statements and required disclosures per basis. 
• General ledger presentation includes implementation of all guidance related to investments including impairment reviews General ledger results and reconciliation thereof are MONTHLY.
• Reconciles and answers to any accounting issues on investments.
• Assists with implementation of new or updates to guidance/policy. Assists with F/S documentation and disclosure support.  May be requested to review F/S or disclosures. Works to support Investment reporting teams in their preparation of F/S.  Prepare and/or support F/S, regulatory, or managerial reporting efforts monthly and quarterly.
• Responsible for responding to and assisting with audits on investments Includes financial audits, regulatory audits, internal audits etc.
• Periodically reviews set up for Investment System for investments/GL feed. Test new Investment System releases for all processing for investments. Participates/assists with new system implementations. Transaction, monthly pricing, security SMF set up oversight and control - daily/monthly/Qtrly.
• Special Projects as assigned
• Other duties as assigned.

What you will bring:

• Bachelor’s degree in accounting or finance required
• 4-6 years of related accounting experience; and Investment experience

What will set you apart:

• CPA and / or MBA preferred
• Advanced Excel skills preferred
• Intermediate MS Access skills
• Strong accounting theory skills, research skills and problem solving skills
• Strong conceptual skill in data movement, moderate IT skills

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• 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