Sr. Investment Accountant - Mortgages
Fidelity & Guaranty Life Insurance CompanyRemote · Posted 1 month agoDescription
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.
This role will support accounting and reporting for mortgages. The candidate must possess Statutory and GAAP accounting knowledge for residential and commercial mortgage loan investments.
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.
- Assist in the accounting and reporting for insurance company general account and separate account mortgage loan investments.
- Support preparation of Statutory reports
- This role includes working closely with the third-party accounting administrator and asset managers to research and resolve variances and reconciling items
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
Additional Information
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 talentacquisition@fglife.com.
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
Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.
Similar jobs
Est. 115,000 USD
Job Summary The Manager, Accounting Advisory – Investments will be part of the Accounting Advisory team at F&G, which is responsible for ensuring compliance with GAAP and Statutory reporting for F&G and its insur…
Est. 85,000 USD
Job Summary This position is a senior level position performing various duties related to the financial reporting process for Fidelity & Guaranty Life and subsidiaries. Areas of responsibility include preparation of…
Est. 80,000 USD
Job Summary The Investment Analyst will support the Director, Investments to help produce all investment related deliverables, including researching new investment ideas, strategic- and tactical asset allocation, and day…
Job Summary The Director will lead the production and ongoing management of investment-related deliverables for the Company’s institutional businesses, including Pension Risk Transfer (PRT), Funding Agreement Backed Note…
Job Summary The VP, Assistant Treasurer will serve as a key member of the Finance leadership team and is responsible for developing and executing enterprise-wide liquidity, funding and capital markets strategies that sup…
Job Summary This position plays a key role in the organization by managing business application solution delivery in support of F&G’s strategic goals and objectives. A sizable component of the position is leading tec…
Est. 80,000 USD
Job Summary This position, while responsible for developing new and existing relationships and will provide equal level of pro-active, high-end support to the National Accounts VP and key Specialty Brokerage accounts. Un…
Est. 79,824 USD
Job Summary The Sr. Desktop Analyst provides hardware, software, and application support for Windows and Mac devices and conducts desktop and laptop imaging and software deployment. In addition, this role will manage rel…
Est. 150,000 USD
Job Summary The Director, Hedging is responsible for supporting and executing the development and enhancement of hedging strategies and analytical capabilities across the derivatives portfolio to guide F&G's derivati…
Est. 120,000 USD
Job Summary The Actuary, Asset Projections is responsible for supporting the production, analysis, and communication of inforce and scenario-based asset projections. This role ensures that asset projection modeling deliv…
Est. 85,000 USD
Job Summary This position provides leadership to the annuity new business case management team, which serves as the point of contact for our agents, agencies, and IMOs. This individual will research, document and resolve…
Est. 85,000 USD
Job Summary The purpose of this Sr. Business Analyst position is to facilitate the analysis, design, and implementation of eApplication (Electronics Order Entry) platform solutions. These solutions will support internal…
Job Summary The Sr. Software Engineer - External Data Integrations will code, test, and document software solutions and perform tests to validate the code. This role will write progressively complex code and independentl…
Est. 120,000 USD
Job Summary The Actuary's primary responsibility is to maintain actuarial models used at F&G and managing the governance and controls around the actuarial model change management process. This position is a Director…
Est. 120,000 USD
Job Summary Actuary, Model Validation develops and maintains our Microsoft Excel based model validation tools for various use cases and product lines. The tools are essential to our governance process and need to be main…
Job Summary This position is responsible for executing model change management processes in compliance with established governance policies and procedures. This position will collaborate with various teams to understand,…
Est. 95,000 USD
Job Summary We are seeking a Senior QA Analyst to help lead a transformation of our Quality Engineering practice. This visible role oversees test deliverables and contract testers, while driving domain quality strategy,…
Est. 140,000 USD
The AVP, Enterprise Outsourcing Effectiveness is a critical, strategic role accountable for enterprise outsourcing outcomes including strategic alignment, performance and quality, risk and compliance, and cost effectiven…
Please submit a general application to let us know what you're interested in, thanks!Additional Information Work Environments F&G believes in an employee-centric flexible environment, which is why we offer the abilit…
Est. 150,313 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…
Est. 92,500 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…
Est. 106,838 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…
Est. 95,000 USD
Overview: SageSure is seeking a Senior Financial Reporting Accountant to support the development and execution of the Company’s accounting and financial reporting functions. The role is instrumental in preparing accurate…
Est. 92,500 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…
Est. 79,300 USD
Title: Senior Investment Operations Analyst Location: Remote We are seeking a Senior Investment Operations Analyst to own critical investment reporting, data-quality and portfolio support processes for the Company’s inve…
Est. 48,000 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…
Est. 201,188 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…
Est. 125,000 USD
Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world’s leading providers of legacy reinsurance solutions. They work with the world’s leading insurance companies to help them execute comprehensive, transf…
Est. 66,500 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…
Est. 173,438 USD
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have…