Director, Investment Accounting

The Jackson National Life Insurance Company; Lansing (MI); On-site; USD 120,000 - 180,000; Full time

Job summary

The Jackson National Life Insurance Company seeks a Director, Investment Accounting to lead accounting operations, portfolio reporting, and regulatory compliance for its multi-billion dollar investment portfolio. You will apply US GAAP and Statutory principles to guide staff and ensure robust financial control.

The role requires directing close processes, preparing disclosures, reviewing investment transactions, and partnering with internal teams to drive improvements in reporting and

Qualifications

• Bachelor's degree is required.
• MBA or CPA is preferred.
• 8+ years of related experience required.

Responsibilities

• Directs month-end, quarter-end, and year-end close processes for investment asset classes.
• Directs staff and is responsible for hiring, performance and salary reviews, disciplinary action, and termination.
• Directs the compilation of financial statement disclosures for US GAAP and Statutory reporting.
• Reviews investment transactions to ensure appropriate accounting treatment.
• Collaborates with other departments to analyze and resolve complex accounting, forecasting, and reporting challenges.

Skills

GAAP knowledge

Statutory accounting

Investment accounting

Communication

Analytical skills

Project management

Staff leadership

Relationship building

Education

Bachelor's Degree

MBA

CPA

Tools

Microsoft Word

Access

Excel

Investment accounting software

Job description

Job Purpose

The Director, Investment Accounting directs accounting operations, portfolio reporting, and regulatory compliance strategies. Oversees the accounting, financial reporting, and operational administration of the Company's multi-billion dollar investment portfolio, serving as a subject matter expert on both US GAAP and Statutory Accounting Principles, while directing staff to meet department objectives.

Essential Responsibilities

• Directs the month-end, quarter-end, and year-end close processes for our investment asset classes, while maintaining accounting policies and practices.
• Develops and maintains relationships with both external and internal business partners.
• Directs the compilation of financial statement disclosures for US GAAP and Statutory reporting.
• Reviews investment transactions to ensure appropriate accounting treatment.
• Collaborates with other departments to analyze and recommend solutions for complex accounting, forecasting, and reporting challenges.
• Identifies, researches, and recommends process improvements.
• Directs staff and is responsible for personnel actions including hiring, performance and salary reviews, disciplinary action, and termination.

Other Duties

• Directs planning and execution of various special projects as required.
• Ensures accurate and timely completion of all required management reporting.
• Performs other duties and/or projects as assigned.

Knowledge, Skills and Abilities

• Strong knowledge of GAAP and Statutory accounting principles and procedures.
• Strong knowledge of investment strategy and practices.
• Strong written and verbal communication skills.
• Solid PC Skills including Microsoft Word, Access, and Excel, as well as experience with investment accounting software.
• Strong analytical and problem solving skills.
• Strong project management skills.
• Ability to build and maintain internal and external relationships.
• Ability to direct staff.

Qualifications

• Bachelor's Degree required.
• Master's Degree (MBA) or Certified Public Accountant (CPA) preferred.
• 8+ years of related experience required.

Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments. At Jackson, our employees are empowered to bring a fresh perspective, confront new challenges, and define their own career paths. We value the unique perspectives and innovative ideas that come from our employees' diverse backgrounds.

Jackson is the marketing name for Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Jackson National Asset Management, LLC (JNAM) located in Chicago, Illinois, is an SEC-registered investment adviser and Jackson subsidiary. Annuities are distributed by Jackson National Life Distributors LLC, Member FINRA. Jackson companies offer an outstanding benefits package including competitive pay, bonuses, comprehensive health insurance benefits, a matching 401(k) retirement plan, adoption assistance, education matching gift program and dependent tuition program.

To learn more about Jackson's financial strength and results, visit jackson.com.