AVP, Investment Accounting

nationallifeinsurancecompany; Addison (TX); On-site; USD 180,000 - 280,000; Full time

Job summary

National Life Group in Addison, Texas is seeking an AVP of Investment Accounting to lead the investment accounting function across all asset classes, including private equity and CLOs. The role focuses on GAAP and statutory reporting, technology enablement, and collaboration with auditors and business partners.

The ideal candidate has 14+ years of experience, a Bachelor's in accounting, CPA preferred, and proven ability to deliver on tight deadlines while innovating with AI tools.

Qualifications

• 14+ years of investment accounting and financial reporting experience.
• Strong knowledge of US GAAP and statutory accounting for complex investments including private credit.
• Ability to lead and build a scalable accounting team.

Responsibilities

• Oversee GAAP and statutory accounting and reporting for all asset classes.
• Manage month-, quarter-, and year-end closes and ensure accuracy.
• Foster external auditors and internal partners relationships.
• Drive AI-enabled reporting and regulatory documentation improvements.
• Lead a high-performing investment accounting team.

Skills

Investment accounting

Financial reporting

GAAP & statutory accounting

Regulatory knowledge

Leadership

Education

Bachelor's degree in accounting

CPA

Tools

Generative AI

Job description

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 provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.

Please note that we do not offer visa sponsorship for this position.

Position Summary

The AVP of Investment Accounting will provide professional management and oversight for the investment accounting activities of the organization. Responsible for internal and external investment accounting needs, including the review and development of existing and new GAAP and statutory reports, implementation of new information technology, and assistance of new investment accounting initiatives with other business partners. The successful candidate will play a key role in supporting NLG Capital in executing our investment strategy across all asset classes, ensuring the financial security of the company. Asset class focus will be broad-based but experience with alternative investments such as private equity, private credit and CLOs is key.

This role is expected to serve as a catalyst for building a next-generation investment accounting team, leveraging advanced technology to create a scalable, intelligent, and resilient accounting function.

The Director of Investment Accounting reports to the Controller.

Key Responsibilities

• Responsible for the Investment Accounting function, including oversight and direction of GAAP and statutory accounting, reporting for all asset classes in the Company's consolidated investment portfolio
• Including, but not limited to Bonds, RML's, CML's, alternative investments, debt and equity securities, private equity/private placements, and other financial instruments.
• Ensure accurate month-end, quarter-end and annual reporting of balances relating to investment assets, liabilities, income and expenses on a GAAP and statutory basis of accounting.
• Build and maintain external relationships with auditors, vendors and other business partners.
• Build and maintain internal relationships with diverse lines of businesses and other parts of the organization, including financial reporting, tax, treasury, and investment operations to support their specific needs.
• Assist management in the development of key business indicators, metrics, analytic reports, and investment-related strategies. Communicate with business leaders and internal business partners on the same.
• Stay abreast of financial reporting and regulatory developments related to investment accounting.
• Manage a team of investment accounting professionals, including establishing and monitoring goals, reviewing work completed by team on a timely basis, and ensuring proper communication of investment accounting and corporate policies, practices, and performance.
• Demonstrated ability to deploy generative AI tools to enhance reporting, audit support, and regulatory documentation processes is also considered a strong plus.

Requirements

• 14+ years of investment accounting experience and financial reporting.
• Bachelor's degree, concentration in accounting.
• CPA (preferred).
• Solid experience with US GAAP and Statutory Accounting as it relates to simple and complex investment products within the insurance industry, including expertise with private credit.
• Proven ability to meet daily/monthly/quarterly/annual deliverables.
• Ability to anticipate, identify and resolve financial issues.
• Ability to continually manage multiple priorities.
• Curiosity about emerging technologies and their application in regulated environments
• Bias toward innovation and experimentation within strong governance frameworks

AI Proficiency Expectations

At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.

All applicants are expected to:

• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, comp