Director, Investment Accounting

National Life Group; Montpelier (VT); On-site; USD 121,875 - 178,750; Full time

Benefits offered by this job

401(k) eligibility

Paid time off benefits

Flexible benefits package

Job summary

National Life Group in Montpelier, Vermont, is seeking a Director of Investment Accounting to lead a skilled team in ensuring accurate financial reporting of the company’s investment portfolio. The successful candidate will oversee GAAP and statutory accounting while fostering collaboration across financial reporting, tax, and treasury teams.

The role requires 7–10 years of experience in investment accounting and a Bachelor’s degree in Accounting. A comprehensive benefits package and competitive salary ranging from $121,875 to $178,750 are offered.

Qualifications

• 7–10 years of experience in investment accounting and financial reporting.
• Ability to manage multiple priorities and teams effectively.
• Experience with US GAAP and investment accounting in a regulated environment.

Responsibilities

• Lead oversight of GAAP and statutory accounting for investment portfolios.
• Ensure accurate month-end and annual reporting of investment assets.
• Coordinate with auditors and maintain internal stakeholder relationships.

Skills

Investment accounting

Financial reporting

Process improvement

US GAAP Accounting

Leadership

Education

Bachelor’s degree in Accounting

Tools

Generative AI technologies

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.

Sponsorship is not available for this role.

Role Summary

Reporting to the AVP, Investment Accounting, the Director, Investment Accounting will lead a high‑performing team of individual contributors to ensure accurate, timely financial reporting of NLG’s investment portfolio. The successful candidate will demonstrate an ability to navigate between review of journal entries and higher level understanding of financial results while supporting the broader finance organization’s strategic initiatives.

Essential Duties And Responsibilities

• Responsible for the Investment Accounting function, including oversight and direction of GAAP and statutory accounting, and reporting for all asset classes in the Company’s consolidated investment portfolio and its subsidiaries and affiliates.
• 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.
• Develop continuous process improvement strategy which includes automation and the implementation of new technology, processes, and reporting, and strengthens controls over investment accounting.
• Assist management in the development of key business indicators, metrics, analytic reports, and investment‑related strategies. Communicate to business leaders and internal business partners on the same.
• Stay abreast of financial reporting and regulatory developments related to investment accounting which can impact the Company and facilitate compliance with such regulations.
• Manage a team of investment accounting professionals, including establishing and monitoring goals, reviewing work completed by the team on a timely basis, and ensuring proper communication of investment accounting and corporate policies, practices, and performance.

Minimum Qualifications

• 7–10 years of related experience in investment accounting, financial reporting, internal controls, process improvement, and the broader accounting profession.
• Bachelor’s degree in Accounting.
• Experience with US GAAP Accounting and/or Statutory Reporting.
• Experience with investment accounting within an insurance or other regulated financial services organization.
• Ability to anticipate, identify, and resolve financial issues.
• Ability to manage multiple priorities and reprioritize as needed.
• Demonstrated ability or willingness to adopt and apply emerging technologies, including generative AI and automation tools, to improve reporting efficiency, effectiveness, and control quality.

Preferred Qualifications

• Master’s degree in Accounting.
• CPA or equivalent professional certification.
• Experience managing multi‑site and/or remote contributors.
• Experience with portfolios holding diverse asset classes and/or private credit.

Benefits

• Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!

Base Pay Range

The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including prior experience and job‑related knowledge, education, training and certificates, current business needs, and market factors. The final salary or hourly wages offered may be outside this range based on other reasons and individual circumstances.

Additional Compensation and Benefits

The total compensation package for this position may also include a full range of medical, financial, and/or other benefits, including 401(k) eligibility and various paid time off benefits such as vacation, sick time, and parental leave. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an “at‑will” position and National Life reserves the right to modify base salary and other discretionary compensation at any time.

Salary Pay Range

$121,875 – $178,750 USD

National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.