Director, Accounting Policy

Posted 5 Days Ago
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Lansing, MI, USA
In-Office
Senior level
Financial Services
The Role
Lead the Accounting Policy team to research, interpret, and implement accounting and reporting guidance (US GAAP and insurance statutory). Oversee policy documentation, financial statement disclosures, stakeholder education, audit support, and represent the company in industry accounting groups.
Summary Generated by Built In

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Job PurposeThe Director, Accounting Policy provides accounting and financial reporting guidance to management and other functional areas with regard to interpreting accounting and regulatory policy. The Director, Accounting Policy researches and understands accounting and regulatory policy changes, determines the impact of these policy changes on company reporting requirements, and facilitates appropriate actions.This role represents the Company in industry and accounting groups and advocates for the Company's positions when responding to proposed accounting and reporting changes.Essential Responsibilities
  • Manage the Company’s Accounting Policy team.
  • Oversee the monitoring, research, and evaluation of the impact of new or changing accounting and financial reporting guidance and review the Company’s response to exposure drafts.
  • Assist management in implementing necessary changes to policies, processes, and procedures to comply with new or changing accounting and financial reporting guidance.
  • Coordinate the development and maintenance of the Company’s accounting policy database.
  • Manage and review the evaluation and documentation of the Company’s accounting policies to be applied to new, significant, or unusual transactions.
  • Prepare and review accounting policy position papers documenting the Company’s position on technical accounting issues.
  • Manage the Company’s evaluation of accounting and reporting errors, changes in accounting policy, or changes in accounting estimates.
  • Prepare relevant notes to the financial statements disclosing the Company’s accounting policies.
  • Review the Company’s financial statements and notes to those financial statements to ensure appropriate application and disclosure of accounting policies.
  • Facilitate stakeholder education regarding the Company’s selection and application of current, new, and changing accounting policies.
  • Implement and operate controls over the maintenance, appropriateness, and accurate reporting of the Company’s accounting policies.
  • Support the Company’s interaction with internal and external audit teams with matters regarding accounting policies.
  • Interact with all functions and departments, serving as a subject matter expert, on accounting policy and financial reporting.
  • Represent the Company through participation in various industry and accounting groups such as the ACLI and NAIC.
  • Support the strategic goals of the department and Company.
Other Duties
  • Performs other duties and/or projects as assigned.
Knowledge, Skills and Abilities
  • Strong knowledge of insurance statutory accounting and US GAAP.
  • Excellent written and verbal communication skills and the ability to communicate with associates at all levels within and outside of the organization.
  • Strong organizational skills, project management skills, and the ability to handle multiple priorities.
  • Strong team player with strong professional and interpersonal skills.
  • Demonstrated ability to work independently and establish priorities to meet tight deadlines.
  • Ability to meet job requirements with a positive and productive attitude.
  • Continuous improvement mindset.
Qualifications
  • Bachelor's Degree in Accounting or related field required.
  • MBA or Masters Degree in Accounting or related field preferred.
  • 8+ years of auditing / financial reporting experience required.
  • 3+ years of management experience preferred.
  • “Big 4” auditing experience preferred.
  • Experience with SEC registered companies preferred.
  • Insurance or financial services experience preferred.
  • Certified Public Accountant (CPA) preferred.

Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments.

Skills Required

  • Bachelor's Degree in Accounting or related field
  • MBA or Master's Degree in Accounting or related field
  • 8+ years of auditing / financial reporting experience
  • 3+ years of management experience
  • Big 4 auditing experience
  • Experience with SEC registered companies
  • Insurance or financial services experience
  • Certified Public Accountant (CPA)
  • Strong knowledge of insurance statutory accounting and US GAAP
  • Excellent written and verbal communication skills
  • Strong organizational and project management skills
  • Ability to work independently and meet tight deadlines
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The Company
HQ: Lansing, MI
3,409 Employees

What We Do

Jackson® is committed to helping clarify the complexity of retirement planning. Our range of annuity products, financial know-how, history of award-winning service*, and streamlined experiences strive to reduce the confusion that complicates retirement plans. We dedicate our time, money, and resources to strengthening financial literacy, striving to make sure every American has access to the resources they need to master their money and their future. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. Interested in becoming one of our associates? We develop and celebrate talent in many areas, from sales and marketing to consulting and compliance. We know that diversity and inclusion make us all stronger together. Learn more about our products at jackson.com Contact Us Jackson.com 517/381-5500 – General Information 800/644-4565 – Contract Owners 877/565-2968 – Values and Contract Information * SQM (Service Quality Measurement Group) Contact Center Awards Program for 2004 and 2006-2021. (To achieve world-class certification, 80% or more of call-center customers surveyed must have rated their experience as very satisfied, the highest rating possible.) Jackson® is the marketing name for Jackson National Life Insurance Company® (Home Office: Lansing Michigan) and Jackson National Life Insurance Company of New York® (Home Office: Purchase New York). Jackson National Life Distributors LLC. SMPR1292 03/23

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