Manager, Investment Accounting

Posted Yesterday
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Columbus, OH, USA
In-Office
70K-200K Annually
Senior level
Insurance
The Role
The Manager, Investment Accounting leads a team responsible for financial data preparation and reporting, ensuring accurate accounting records while overseeing compliance and system improvements.
Summary Generated by Built In
As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This position will lead a team of 4 direct reports.

This is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week. 

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

Job Description Summary

Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you!
As a Manager, you'll lead and coordinate the accumulating, recording, preparation and reporting of financial data required for regulatory and management purposes. We'll count on you to provide analysis and interpretation of investment accounting records and financial documents, develop and proposes changes in accounting practices, policy, procedures and systems support.

Job Description

Key Responsibilities: 

  • Coordinates the accurate accumulation, preparation and maintenance of investment accounting records for both internal and external reporting.

  • Handles the development of financial statements according to prescribed schedules.

  • Prepares, reviews and recommends improvements in investment accounting, and financial reporting systems.

  • Leads and/or participates in special projects/assignments as directed by senior management.

  • Reviews and analyzes statements and supplemental data for external and management reporting purposes. 

  • Works closely with internal auditors, public accountants, federal tax examiners and others as required to perform assigned investment accounting functions.

  • Coordinates the preparation of special reports, analyses and financials as requested by management.

  • Represents the Director, as assigned, for development and workflow assistance.

  • Manages associates, including performance management, salary planning and administration, training and development, workflow planning, hiring and placement and disciplinary actions.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Investment Accounting Director/Officer. Manages a team of 6 or more accounting professionals.

Typical Skills and Experiences: 

Education: Undergraduate studies in accounting and /or finance; accounting degree preferred, with a minor or concentration in investments.

License/Certification/Designation: CPA studies preferred.

Experience: Eight years of investment accounting experience with an insurance company or financial institution, including management/supervision experience.

Knowledge, Abilities and Skills: GAAP practices and procedures, and insurance/financial products regulatory requirements. Product specific knowledge also required, such as investments, tax, property/casualty, life and/or subsidiary investment accounting and financial analysis. Verbal and written communication skills for contact with all levels of associates including business unit leadership, external parties such as public accountants, state examiners, industry professionals, and other clients. Ability to analyze and solve investment accounting problems, interpret financial documents and data, analyze legal requirements, examine and monitor investment accounting cycles and flows, and review general ledger entries and audit work papers and schedules. Ability to lead and train associates in all aspects of assigned investment accounting record maintenance, and financial statement preparation.

Other criteria, including leadership skills, competencies and experiences may take precedence. 

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.

Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions: 

Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal office environment. May require extended hours in periods of high volume. 

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

#investments


NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Manager, Investment Accounting : $108,000.00-$200,000.00

The expected starting salary range for Manager, Investment Accounting : $108,000.00 - $162,000.00

Top Skills

Financial Reporting Systems
Gaap Practices
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The Company
Columbus, OH
29,597 Employees

What We Do

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com.

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