Accounting Manager, Investment Accounting

Genworth Financial, Inc.; Richmond (VA); Hybrid; USD 84,000 - 127,000; Full time

Job summary

Genworth Financial, Inc. in Richmond, VA is seeking an Accounting Manager to lead the Investments accounting function within a hybrid work model (in-office Tue-Thu).

You will oversee timely reporting for GAAP and U.S. Statutory accounting, supervise transaction processing, balance reconciliations, and implement accounting policy improvements while collaborating with Auditors and cross-functional teams.

Qualifications

• Bachelor’s degree in accounting, finance, or other business-related discipline.
• CPA preferred.
• 5+ years of progressive accounting experience with GAAP and/or Statutory accounting and reporting.
• Ability to build cross-functional relationships and communicate complex information clearly.
• Strong analytical and problem‑solving skills.
• Experience researching accounting guidance to drive appropriate accounting and reporting.

Responsibilities

• Ensure timely and accurate investments performance reporting, SEC reporting, and U.S. statutory reporting for the organization’s Fixed Income portfolio.
• Supervise and review transaction processing and balance reconciliations.
• Oversee impairment and security valuation processes and related controls, ensuring accuracy and adherence to accounting policies and regulatory requirements.
• Maintain SOX controls documentation and evaluate deficiency risks through on-going review and validation of key operational processes.
• Lead accounting policy implementation and strategic business process redesign efforts.
• Lead interactions with auditors, delivering timely conclusions and proactively supporting routine and new audit requests efficiently.

Skills

GAAP knowledge

Statutory accounting

Accounting analysis

Communication skills

Multitasking

Education

Bachelor's degree in accounting, finance, or other business-related discipline

CPA preferred

Tools

MS Office (Excel, Word, PowerPoint, Copilot)

Job description

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day.We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.Our four values guide our strategy, our decisions, and our interactions:Make it human. We care about the people that make up our customers, colleagues, and communities.Make it about others. We do what's best for our customers and collaborate to drive progress.Make it happen. We work with intention toward a common purpose and forge ways forward together.Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.POSITION TITLEAccounting ManagerPOSITION LOCATIONRichmond, VAThis position is available to Virginia residents as Richmond, Virginia in-office applicants*A Hybrid schedule of both Remote and In-Office days is required. In office days are Tuesday, Wednesday and Thursday with working hours targeting our core business hours of 9am-5pm EST.YOUR ROLEAs an Investments team member, you’ll play a key role in the innovative investment strategies that enable our company and our financial products to serve our customers and their families when they need us most – now and in the future.Investment Accounting is a shared service organization that prepares all US GAAP and U.S. Statutory accounting and reporting for Genworth’s investment portfolio. We partner with the Finance Teams across all product lines as well as participate in assisting in the development and execution of Investment strategies.What you will be doingResponsible for ensuring timely and accurate investments performance reporting, SEC reporting and U.S. Statutory reporting for the organization’s Fixed Income investment portfolioSupervise and review transaction processing and balance reconciliationsOversee impairment and security valuation processes and related controls, ensuring accuracy and adherence to accounting policies and regulatory requirementsManage high quality deliverables and initiatives to timely completionCollaborate cross-functionally to create efficiencies and deliver superior business resultsLead accounting policy implementation and strategic business process redesign effortsLead interactions with auditors, delivering timely conclusions and proactively supporting routine and new audit requests efficientlyMaintain SOX controls documentation and evaluate deficiency risks through on-going review and validation of key operational processesCreate and foster collaborative relationships with Investments Front/Middle/Back office. Act as the key point of contact and strategic business advisor responsible for providing comprehensive accounting and reporting analysis in support of new investment opportunitiesPerform other duties as assignedWhat you bringBachelor’s degree in accounting, finance, or other business-related disciplineCPA is preferred5+ years of progressive accounting experience with GAAP and/or Statutory accounting and reportingAbility to build and maintain strong working relationships across cross-functional groups and communicate complex information clearlyExperience researching accounting guidance to drive appropriate and preferred accounting and reportingExcellent analytical and problem-solving skillsOutstanding communication and presentation skillsAbility to manage multiple and changing prioritiesSkills including MS Office tools (Excel, Word, PowerPoint, Copilot)Employee Benefits & Well-BeingGenworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.Competitive Compensation & Total Rewards IncentivesComprehensive Healthcare CoverageMultiple 401(k) Savings Plan OptionsAuto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family LeaveDisability, Life, and Long Term Care InsuranceTuition Reimbursement, Student Loan Repayment and Training & Certification SupportWellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)Caregiver and Mental Health Support ServicesADDITIONALAt this time, Genworth will not sponsor a new applicant for employment authorization for this position.National Range: $84,400 – 127,000Disclaimer: This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.