Director, Investment Accounting

Posted 2 Days Ago
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Lansing, MI, USA
In-Office
Senior level
Financial Services
The Role
Directs investment accounting operations, portfolio reporting, financial statement disclosures, regulatory compliance, and close processes for a multibillion-dollar investment portfolio. Ensures accurate accounting under US GAAP and Statutory Accounting Principles, reviews investment transactions, leads process improvements, manages reporting challenges, and oversees staff hiring, performance, and personnel actions.
Summary Generated by Built In

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Job PurposeThe Director, Investment Accounting directs accounting operations, portfolio reporting, and regulatory compliance strategies. Oversees the accounting, financial reporting, and operational administration of the Company's multi-billion dollar investment portfolio, serving as a subject matter expert on both US GAAP and Statutory Accounting Principles, while directing staff to meet department objectives.Essential Responsibilities
  • Directs the month-end, quarter-end, and year-end close processes for our investment asset classes, while maintaining accounting policies and practices.
  • Develops and maintains relationships with both external and internal business partners.
  • Directs the compilation of financial statement disclosures for US GAAP and Statutory reporting.
  • Reviews investment transactions to ensure appropriate accounting treatment.
  • Collaborates with other departments to analyze and recommend solutions for complex accounting, forecasting, and reporting challenges.
  • Identifies, researches, and recommends process improvements.
  • Directs staff and is responsible for personnel actions including hiring, performance and salary reviews, disciplinary action, and termination.
Other Duties
  • Directs planning and execution of various special projects as required.
  • Ensures accurate and timely completion of all required management reporting.
  • Performs other duties and/or projects as assigned.
Knowledge, Skills and Abilities
  • Strong knowledge of GAAP and Statutory accounting principles and procedures.
  • Strong knowledge of investment strategy and practices.
  • Strong written and verbal communication skills.
  • Solid PC Skills including Microsoft Word, Access, and Excel, as well as experience with investment accounting software.
  • Strong analytical and problem solving skills.
  • Strong project management skills.
  • Ability to build and maintain internal and external relationships.
  • Ability to direct staff.
Qualifications
  • Bachelor's Degree required.
  • Master's Degree (MBA) or Certified Public Accountant (CPA) preferred.
  • 8+ years of related experience required.

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
  • Master's degree in business administration or Certified Public Accountant certification
  • 8+ years of related experience
  • Strong knowledge of GAAP and Statutory Accounting Principles
  • Strong knowledge of investment strategy and practices
  • Strong written and verbal communication skills
  • Microsoft Word, Access, and Excel skills
  • Experience with investment accounting software
  • Strong analytical and problem-solving skills
  • Strong project management skills
  • Ability to build and maintain internal and external relationships
  • Ability to direct staff
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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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