Empower Accounting Manager - Boston Area Preferred

Empower Retirement; Boston (MA); Hybrid; USD 122,000 - 172,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with company match

Tuition reimbursement

Job summary

Empower Retirement seeks an Accounting Manager in the Boston area to prepare quarterly journal entries and perform consolidation work under US GAAP, IFRS, and statutory guidelines. The ideal candidate will drive intercompany analysis, transfer pricing coordination with FP&A, tax, and actuaries, and ensure ledger integrity.

Four to six years of accounting or business analysis experience, a Bachelor's degree in accounting or related field, and advanced Excel skills are required.

Qualifications

• Bachelor's degree in Accounting, Finance, Math, Business Administration, or related field is required.
• 4–6 years of relevant accounting or business analysis experience.
• Proficiency in MS Office with advanced Excel and strong communication skills.

Responsibilities

• Prepare quarterly journal entries to support the ledger close, including transfer pricing and GAAP adjustments.
• Review quarterly financial statements and journal entries prepared by offshore associates.
• Prepare and review quarter-end analytics and consolidated equity rolls on IFRS and GAAP bases.
• Perform a consolidation review, dividend analysis, and intercompany analysis quarterly.
• Lead transfer pricing program work and liaise with FP&A, tax and actuary.

Skills

Excel

Communication

Data analysis

Time management

Education

Bachelor's degree in Accounting or related field

Tools

SAP

Job description

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

**The Ideal Candidate is in the Boston, MA area and is willing to commute to the office on a hybrid schedule**

Under general direction, the Empower Accounting Manager prepares accounting entries and provides accounting analysis in accordance with Statutory Accounting Principles, US Generally Accepted Accounting Principles (US GAAP), and International Financial Reporting Standards (IFRS). This role prepares entries relating to transfer pricing and quarterly non-life consolidation and performs all quarter end close functions related to the non-life entities and the consolidated Empower ledger within Empower Accounting.

What You Will Do:

• Responsible for preparing quarterly journal entries to support the ledger close, including transfer pricing and GAAP adjustments.
• Review quarterly financial statement presentation journal entries prepared by offshore associates.
• Prepare and review quarter end analytics, as well as the consolidated equity rolls for the company on an IFRS and GAAP basis.
• Perform a consolidation review, dividend analysis, and intercompany analysis on a quarterly basis.
• Responsible for transfer pricing program work including adapting to business developments, new study work, and acting as a liaison with FP&A, tax and actuary to ensure company needs are met.
• Lead intercompany reporting within Empower Accounting, including but not limited to preparing monthly and quarterly reporting, following up on stale items, and collaborating with treasury and other accounting team members.
• Maintain ledger integrity through annual ledger maintenance review, which includes consolidating existing entries, and working closely with other teams to ensure accuracy of activity at a legal entity level. Responsible for preparation and review of general ledger account reconciliations and quarterly control certifications.
• Liaison with other teams within Finance to provide financial statement support, intercompany management, and dividend recommendations. This includes work completing the year-end audit and working closely with the auditors to assist in closing down different areas.
• Subject matter expert on non-life subsidiaries, equity accounting, intercompany relationships, consolidation and transfer pricing.
• Leads training initiatives surrounding transfer pricing, intercompany, and non-life accounting.
• Ad-hoc and annual reporting requests, as they arise.

What You Will Bring

• Bachelor's degree in Accounting, Finance, Math, Business Administration, or related field
• Four (4) to six (6) years' relevant accounting or business analysis experience.
• Proficiency in MS Office, with advanced proficiency in Excel
• Strong written and verbal communication skills, with strong attention to detail.
• Ability to analyze data, and possesses excellent problem-solving skills
• Ability to independently manage work priorities and meet established deadlines

What Will Set You Apart

• Public accounting experience preferred
• SAP experience preferred
• CPA license is preferred

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings - 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire - including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time - 16 hours per calendar year
• Leave of absence programs - including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

Base Salary Range

$121,500.00 - $171,675.00

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer * Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***