Job Summary
The Sr. Investment Accountant is responsible for performing various duties related to accounting and reporting for investments. This position is part of the Close and Analysis team within the organization’s Investment Center of Excellence (COE) and will assist with the monthly accounting close, various reconciliations and control execution for the Company’s investment portfolio. The ideal candidate will enjoy collaborating with other teams, challenging current processes and driving efficiencies.
Duties & Responsibilities
- Investment Accounting Operations
- Perform timely GAAP/Stat basis reconciliations for investment and investment related accounts (i.e. suspense, accounts payable/receivables) between subledger and general ledger. This includes researching and resolving variances and ensuring completeness and accuracy of general ledger.
- Prepare manual journal entries and extract general ledger details from Oracle on an ad hoc basis.
- Analyze and interpret investment data and explain the underlying causes of variances and fluctuations.
- Manage high volumes of investment-related financial data and transactions with exceptional organizational skills, ensuring accuracy and taking full ownership of assigned processes from inception to completion.
- Perform monthly close tasks and procedures to ensure timely and accurate Clearwater monthly close, proactively communicating and resolving issues with the Clearwater team.
- Assist in the coordination of both external and internal audit requests.
- Internal Controls & Operational Excellence
- Proactively plan for contingencies and identify, propose, and implement process improvements.
- Support internal control objectives through risk identification, control execution, documentation, and gap remediation.
- Serve as a subject matter expert on assigned duties, providing insight to management to support effective decision-making and operational efficiency.
Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.
Knowledge, Skills & Abilities
- Strong understanding of current processes and overall workflow
- Ability to identify and implement process improvements, internal control enhancements, automation and efficiencies
- Ability to independently learn proficiency in financial systems with the tools and coaching provided
- Ability to brainstorm, research and provide possible solutions to ad hoc questions from the functional area’s business partners
- Ability to perform analysis and challenge the outcome against expected results
- Strong written and verbal communication, organization and interpersonal skills necessary to establish and maintain effective working relationships with others
- Able to work & effectively communicate with all levels of management, including executive management.
- Support effective partnerships with key groups and individuals and have good consultation and change management skills.
- Strong verbal and writing skills
- Ability to handle multiple complex tasks and prioritize in a fast-paced environment
- Strong attention to detail
- Proficiency in Microsoft Office
Minimum Qualifications
- Bachelor’s degree in Accounting / Finance or other relevant degree
- 2+ year of relevant experience
- 2+ years of experience in related field or combination of experience with a professional designation (CPA, CFA, CIA, CISA, etc.) considered
Preferred Qualifications
- Clearwater experience preferred
- Insurance industry experience preferred (Life, annuity, reinsurance)
- Professional designation in related field preferred (CPA, CFA, CIA, CISA, etc.)
Other Requirements
- This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
- Perform other functions, duties and projects as assigned
- Regular and punctual attendance
Ability to travel up to: 10% of the time
#LI-Remote #LI-MB1
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact [email protected].
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.
As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.
1Top Workplaces USA 2022 – 2023
2Des Moines Register Top Workplaces 2018 – 2022
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Skills Required
- Bachelor's degree in Accounting or Finance
- 2+ years of relevant accounting or finance experience
- Experience using Oracle general ledger or similar financial systems
- Proficiency in Microsoft Office (Excel, Word, Outlook)
- Strong analytical, written and verbal communication skills
- Clearwater Analytics experience
- Insurance industry experience (life, annuity, reinsurance)
- Professional designation (CPA, CFA, CIA, CISA) or combination of experience and credential
F&G Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about F&G and has not been reviewed or approved by F&G.
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Retirement Support — Retirement program features a strong 401(k) match that supports long‑term savings. Access to additional programs like an employee stock purchase plan further enhances wealth‑building options.
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Leave & Time Off Breadth — Time‑off offerings include paid time off, company holidays, and paid new‑parent leave for all parents. Added practices like Flex Fridays and volunteer time off broaden the overall leave experience.
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Healthcare Strength — Coverage spans medical, dental, vision, disability, life/AD&D, and an EAP, with specialized provisions such as gender affirming care and infertility support. Travel and lodging assistance for out‑of‑state care underscores the breadth of protections.
F&G Insights
What We Do
Established in 1959, F&G is headquartered in Des Moines, Iowa, and offers unique life insurance and annuity solutions to meet individual financial security needs through a national network of financial professionals. Our products have protected over 700,000 people across the United States. F&G is a company of individuals who believe in the power of partnerships, encourage innovation and creativity, and are transparent about decisions while delivering on their commitments. These values allow F&G to help you turn your aspirations into reality.
