Investment Accountant

Wollborg Michelson Personnel Service Inc; Phoenix (AZ); On-site; USD 100,000 - 140,000; Full time

Job summary

Wollborg Michelson Recruiting seeks an experienced Investment Accountant to handle investment accounting across statutory, GAAP, and NAIC requirements. The role covers monthly close, reconciliations, reporting, audit support, and process improvements while ensuring accuracy and regulatory compliance.

You will collaborate with Treasury, Actuarial, Tax, Compliance, and IT teams to strengthen controls and drive data quality.

Qualifications

• Seven or more years of progressive accounting or finance experience with investment accounting.
• Experience with statutory, GAAP, NAIC reporting and regulatory reporting.
• Strong knowledge of internal controls, SOX or similar frameworks, and audit support.
• Ability to prepare executive-ready analyses and communicate complex matters clearly.
• Experience in a regulated insurance or financial services environment (preferred).

Responsibilities

• Manage monthly investment accounting close activities, including journal entries and reconciliations.
• Prepare and review statutory, GAAP, and NAIC investment schedules and regulatory reports.
• Ensure data accuracy, proper classification, and clear documentation supporting accounting results.
• Monitor regulatory requirements and assess impact on accounting processes.
• Support internal and external audits by coordinating requests and resolving issues.
• Maintain and strengthen internal controls and document process improvements.
• Collaborate with Treasury, Tax, Compliance, Technology, and other stakeholders.

Skills

Investment accounting

Financial reporting

Regulatory compliance

Internal controls

Data analysis

Education

Bachelor's degree in accounting or related field

Master's degree (preferred)

CPA certification (preferred)

Tools

Oracle ERP

Oracle ARCS

Oracle Task Manager

Clearwater

Job description

Investment Accountant Job Summary

Responsible for investment accounting across statutory, GAAP, and NAIC requirements, including monthly close activities, reconciliations, reporting, audit support, internal controls, and process improvements. Ensures accurate, timely, and well-documented investment accounting results that comply with regulatory and reporting requirements.

Responsibilities

Manage monthly investment accounting close activities, including journal entries, reconciliations, roll-forwards, supporting schedules, and related reporting. Prepare and review statutory, GAAP, and NAIC investment schedules, footnotes, regulatory reports, and management reporting deliverables. Ensure investment accounting data is accurate, complete, properly classified, and supported by clear documentation. Apply knowledge of securities, investment income, realized and unrealized gains and losses, impairments, fair value, and statutory reporting requirements. Monitor statutory, NAIC, regulatory, and internal policy requirements and assess their impact on investment accounting and reporting processes. Support internal and external audits by coordinating requests, preparing documentation, resolving issues, and providing timely responses. Maintain and strengthen internal controls over investment accounting, reconciliations, reporting, and close activities. Assess risks and recommend control enhancements, remediation activities, and process improvements. Maintain current process documentation and update it for regulatory, business, system, or control changes. Prepare concise analyses, schedules, and explanations of investment accounting results for management and finance leadership. Communicate accounting results, key drivers, risks, open items, and process issues clearly to finance partners, auditors, and cross-functional stakeholders. Identify opportunities to improve efficiency, accuracy, documentation, consistency, automation, and data quality. Partner with Treasury, Finance, Actuarial, Tax, Compliance, Technology, and other stakeholders to support accurate investment accounting and reporting. Manage multiple priorities, plan close and reporting activities, meet deadlines, and escape issues with recommended solutions. Promote collaboration, resilience, accountability, and continuous improvement.

Requirements

Seven or more years of progressive accounting or finance experience, including investment accounting, statutory reporting, GAAP reporting, regulatory reporting, internal controls, audit support or related financial reporting responsibilities. Bachelor s degree in accounting, business, or a related field. Experience with investment accounting, including securities, investment income, realized and unrealized gains and losses, fair value, impairments, reconciliations, and management reporting. Experience with insurance accounting, statutory reporting, GAAP, NAIC requirements, and regulated industry reporting. Experience with internal controls, SOX or similar control frameworks, audit support, process documentation, and issue remediation. Demonstrated people leadership experience, including coaching, reviewing work, setting expectations, and managing accountability for deadlines and deliverables. Ability to prioritize, organize, and lead work in a high-volume close and reporting environment. Strong judgment and decision-making skills, including the ability to assess issues, evaluate options, and recommend appropriate actions. Ability to translate business activity into accurate accounting and reporting outcomes. Ability to prepare executive-ready analyses and communicate complex accounting and regulatory matters clearly to financial and non-financial stakeholders. Preferred: Ten or more years of investment accounting or finance experience in a regulated insurance or financial services environment. Preferred: Experience managing statutory, GAAP, NAIC, or investment accounting reporting functions. Preferred: Master s degree in accounting, business, or a related field. Preferred: Certified Public Accountant certification.

Skill

Investment accounting and financial reportingStatutory, GAAP, and NAIC reportingRegulatory reporting and complianceReconciliations, journal entries, roll-forwards, and monthly close proceduresInternal controls, audit support, and issue remediationAdvanced analytical, data mining, and data manipulation skillsMicrosoft Office proficiencyExperience with Oracle ERP, Oracle ARCS, Oracle Task Manager, and ClearwaterStrong attention to detail and variance analysis skillsClear written and verbal communicationCross-functional collaboration and stakeholder managementPlanning, organization, deadline management, and problem-solvingPreferred: Artificial intelligence proficiency

Summary Qualification

Experienced investment accounting professional with expertise in statutory, GAAP, and NAIC reporting. Strong knowledge of insurance investment accounting, regulatory requirements, internal controls, and audit processes. Proven ability to manage monthly close activities, reporting deliverables, reconciliations, and process improvements. Effective leader and cross-functional partner with strong analytical, communication, and decision-making skills. Demonstrated ability to improve accuracy, efficiency, documentation, automation, and data quality.

Wollborg Michelson Recruiting is an Equal Opportunity Employer and prohibits discrimination of any kind. We ensure job offers are made based of one s employment experience, skills, and qualifications, regardless of race, gender, ethnic origin, or any other classification protected by law. All applicants must furnish proper identification to prove their legal right to work in the US upon a job offer. We participate in E-Verify to confirm one s right to work in the US. Wollborg Michelson Recruiting does not provide sponsorship for an employment-based visa status.