Accounting Analyst II

Protective; Birmingham (AL); On-site; USD 65,000 - 85,000; Full time

Job summary

3M HEALTHCARE is seeking an Accounting Analyst II for its Investment Accounting team. The role focuses on performing investment accounting for a large $80 billion portfolio and requires collaboration across multiple domains including accounting, investment management, and operations.

A strong Excel skillset and experience with complex data are essential. The position follows a hybrid schedule with remote work on Mondays and Fridays and in-office days on Tue-Thu, offering exposure to system

Qualifications

• Experience with investment accounting or financial instruments (fixed income, derivatives, structured products).
• Exposure to insurance industry accounting including statutory reporting is a plus.
• Experience supporting GAAP and regulatory financial reporting processes.

Responsibilities

• Perform investment accounting functions for the company’s $80 billion portfolio.
• Collaborate with accounting, investment management, operations, and asset/liability management teams.

Skills

Investment accounting

PAM system

Advanced Excel

Data reconciliation

Cross-functional collaboration

GAAP/regulatory reporting

CPA candidate

Tools

PAM system

Job description

The work we do has an impact on millions of lives, and you can be a part of it. Wehelp protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most. We are seeking an Accounting Analyst II to join our Investment Accounting team. This role is responsible for performing certain investment accounting functions for the Company’s $80 billion investment portfolio. This role will work closely and collaboratively with numerous areas inside and outside of the Company, including other areas of accounting, investment management, investment operations, and asset/liability management.

• Experience with investment accounting or financial instruments (fixed income, derivatives, structured products)
• Familiarity with PAM or similar investment accounting systems
• Exposure to insurance industry accounting, including Statutory reporting
• Experience supporting GAAP and regulatory financial reporting processes
• Advanced Excel skills (e.g., pivot tables, lookups, data analysis)
• Experience working with large, complex data sets and reconciliations
• Involvement in system implementations, process improvements, or automation initiatives
• Prior collaboration with cross-functional teams (e.g., investment operations, asset management)
• CPA or progress toward CPA designation is a plus

The Accounting Analyst II position follows a hybrid work schedule, with remote work available on Mondays and Fridays and in-office days on Tuesdays, Wednesdays, and Thursdays.