Senior Investment Accountant, Policy

Job Responsibilities and Requirements

The Senior Investment Accountant is responsible for working in the Accounting Policy and Analytics department within the Investment Accounting unit.  The Senior Investment Accountant will assist in critical investment reporting functions, department initiatives, and analytical support for management.  In addition, the Senior Investment Accountant is expected to assist with the development and completion of a variety of ad-hoc projects.
Reporting

• Preparation of general ledger journal entry process across various accounting bases for investment-related items, including the preparation of supporting documentation and the reconciliation of key items.

• Assists in research of accounting guidance for new and unique investment transaction as well as playing a key role in implementation.

• Preparation of Fair Value disclosures under various accounting bases.

• Key role in preparation of Statement of Cash Flow for direct parent and insurance subsidiaries.

• Provides supporting tie-out schedules for financial statements for certain GAAP and statutory disclosures.

• Assists with internal and external auditor requests with appropriate documentation and workpapers.
   

Analysis

• Understands general ledger workflow and implements best practices to optimize the monthly close process including automation, streamlining, and management-level control reports.

• Analysis of investment valuation outputs as part of monthly close cycle.

• Maintains transaction-level analysis of cash flow consideration and coordinates with various stakeholders to appropriately classify investment activity within custody and ledger feeds.

• Assists in analysis of GAAP and statutory classification schemes and assesses appropriateness with applicable guidance.

• Performs analysis of non-admitted assets and accruals for statutory entities.

Project Management & Automation

• Works to understand IMR/AVR/RBC calculations and takes an active role in their preparation.

• Leads at least one department initiative per year including developing a project plan, implementing the initiative, and monitoring the progress after implementation to determine level of success.

• Proactively recommends changes and/or improvements to workflow processes.

• Participates in department meetings and engages colleagues in open forum discussions.
   

Required Knowledge, Skills, Abilities and/or Related Experience

• Bachelor’s degree in Finance, Accounting, Economics, or Engineering

• CPA designation or working towards CPA designation preferred.

• 4+ years relevant work experience.

• Understanding of fixed income instruments and concepts, including discounting and time value of money principles, and internal rates of return.

• Familiarity of investment accounting with associated accounting principles

• Ability to communicate complex information in a concise and understandable manner.

• Ability to multitask and prioritize work to attain strict deadlines.

• Demonstrates independence to complete tasks with minimal supervision, while seeking assistance when needed.

• Solid proficiency in Microsoft Office, particularly Microsoft Excel and PowerPoint, including competency with various Excel formulas including V- and H-lookups, pivot tables, database functions, and arrays.

• Ability to research, comprehend, and make conclusions/recommendations based upon accounting guidance.
   

Ability to Travel: Up to 10%                                        

 

The expected hiring range for this position is $80,640.00 - $107,660.00 annually for work performed in the primary location (Philadelphia, PA). This expected hiring range covers only base pay and excludes any other compensation components such as commissions or incentive awards. The successful candidate’s starting base pay will be based on several factors including work location, job-related skills, experience, qualifications, and market conditions. These ranges may be modified in the future.

Work location may be flexible if approved by the Company.

What We Offer

At Reliance Matrix, we believe that fostering an inclusive culture allows us to realize more of our potential. And we can’t do this without our most important asset—you.

That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.  

Our Benefits:

• An annual performance bonus for all team members
• Generous 401(k) company match that is immediately vested
• A choice of three medical plans (that include prescription drug coverage) to suit your unique needs.  For High Deductible Health Plan enrollees, a company contribution to your Health Savings Account
• Multiple options for dental and vision coverage
• Company provided Life & Disability Insurance to ensure financial protection when you need it most
• Family friendly benefits including Paid Parental Leave & Adoption Assistance 
• Hybrid work arrangements for eligible roles
• Tuition Reimbursement and Continuing Professional Education
• Paid Time Off – new hires start with at least 20 days of PTO per year in addition to nine company paid holidays.  As you grow with us, your PTO may increase based on your level within the company and years of service. 
• Volunteer days, community partnerships, and Employee Assistance Program
• Ability to connect with colleagues around the country through our Employee Resource Group program

Our Values:

• Integrity
• Empowerment
• Compassion
• Collaboration
• Fun

EEO Statement

Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.

 #LI-Hybrid .