Accountant, Accounting Controls and Reporting Team

Posted 6 Days Ago
Be an Early Applicant
Richmond, VA
In-Office
Mid level
Fintech • Insurance
The Role
Responsible for executing the Company's consolidation process, accounting transactions, ensuring compliance with GAAP, and supporting external reporting through variance analysis, team collaboration, and audit support.
Summary Generated by Built In

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. 

We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

Our four values guide our strategy, our decisions, and our interactions:

  • Make it human. We care about the people that make up our customers, colleagues, and communities.
  • Make it about others. We do what's best for our customers and collaborate to drive progress. 
  • Make it happen. We work with intention toward a common purpose and forge ways forward together. 
  • Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

    

POSITION TITLE

Accountant, Accounting Controls & Reporting Team

POSITION LOCATION

Richmond, VA (hybrid)

YOUR ROLE
Reporting to the Senior Accounting Manager, Corporate Finance, you will lead the execution of the Company’s consolidation process, account for capital transactions and perform variance analysis to support external reporting.

What you will be doing

  • Conduct the Company’s consolidation process supported by the Company’s general ledger; including but not limited to:
    • Execution of consolidation accounting, including operational compliance
    • Accounting for various transactions, ensuring complete and accurate record keeping while maintaining the integrity and control of our book of record, the general ledger
    • Collaborating with cross-functional teams including corporate and business controllership, tax and investments, technical accounting and IT to properly recognize equity transactions including but not limited to sales/deconsolidations, share buybacks and resegmentations
    • Troubleshooting general ledger inquiries, such as how to record transactions related to consolidations and equity transactions while maintaining procedures and controls
    • Collaborating with IT on matters impacting the Company’s general ledger and control environment
  • Support the SEC reporting process through variance analysis and reporting to senior leadership
  • Engage in a high performing team that focuses principally on:
    • The monthly/quarterly close process, ensuring targets are adhered to and efficiencies are gained
    • The account reconciliation process to safeguard the integrity of our significant accounts that support our financial records and controls
    • Supporting internal and external audit activities and inquiries
    • Preparing Government Reports quarterly and annually
  • Participate in cross training initiatives as well as the documentation of specific tasks as needed.
  • Support special projects as necessary

What you bring

  • Bachelor’s Degree in Accounting or Finance
  • 3+ years of relevant experience
  • General understanding of GAAP with the ability to apply accounting theory to accounting practice.
  • Knowledge of consolidation accounting – Preferred
  • Expertise in general ledger systems (Oracle preferred)
  • Proficiency in data analysis that supports compiling impactful analytics and presentations
  • Strong organization and critical thinking skills
  • Strong attention to detail and time conscious
  • Ability to multitask and prioritize to meet deadlines
  • Strong commitment to quality and productivity
  • Strong oral and written communication skills
  • Proficient computer skills, including an ability to leverage software packages
  • Puts team and team culture ahead of personal achievements
  • Ability to work effectively in a culturally diverse group with cross functional teams
  • Ability to proactively identify potential challenges and offer solutions
  • Ability to adapt to a rapidly changing environment

NICE TO HAVE

  • Insurance or financial services accounting experience at a large multinational public company
  • CPA (or equivalent) designation and/or an advanced degree

Employee Benefits & Well-Being

Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.

  • Competitive Compensation & Total Rewards Incentives
  • Comprehensive Healthcare Coverage
  • Multiple 401(k) Savings Plan Options
  • Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
  • Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
  • Disability, Life, and Long Term Care Insurance
  • Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
  • Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
  • Caregiver and Mental Health Support Services

ADDITIONAL

  • At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
  • No agencies please

Top Skills

Data Analysis
Gaap
General Ledger Systems
Oracle
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The Company
HQ: Richmond, VA
5,001 Employees
Year Founded: 2004

What We Do

Genworth is an insurance company that is dedicated to help people secure their financial lives, families, and futures.

Genworth Financial, Inc. is a leading insurance holding company committed to helping families achieve the dream of home ownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871.

Our products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists.

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