Investment Accounting Manager

Wollborg Michelson Personnel Service Inc; Phoenix (AZ); On-site; USD 120,000 - 180,000; Full time

Job summary

Wollborg Michelson Recruiting seeks an experienced Manager of Investment Accounting Reporting to lead the close process, statutory and GAAP reporting, and NAIC schedules in a regulated environment. You will supervise the preparation of regulatory filings, manage internal controls, and support audits while driving process improvements.

The role requires strong leadership, deep knowledge of investment accounting, and the ability to communicate results and risks to senior finance leadership.

Qualifications

• Bachelor's degree in accounting, business, or related field required.
• Demonstrated leadership, coaching, and development of team members.
• Preferred: 10+ years in investment accounting or finance in regulated environments.
• Preferred: statutory, GAAP, NAIC, or investment accounting reporting experience.
• Master's degree in accounting, business, or related field preferred.
• CPA certification preferred.
• Experience with Oracle ERP, ARCS, Task Manager, Clearwater, and MS Office.

Responsibilities

• Manage monthly investment accounting close with journals, reconciliations, and schedules.
• Oversee statutory, GAAP, NAIC schedules, footnotes, and regulatory filings.
• Ensure accurate, properly documented investment accounting data.
• Lead remediation efforts for audit findings and regulatory changes.
• Maintain internal controls over investment accounting and close processes.
• Coordinate with audits and regulatory bodies, providing timely responses.

Skills

Leadership

Communication

Analytical skills

Regulatory reporting

Education

Bachelor's degree in accounting/business

Master's degree preferred

CPA certification preferred

Tools

Oracle ERP

Oracle ARCS

Oracle Task Manager

Clearwater

Microsoft Office

Job description

Manager, Investment Accounting Reporting Job Summary Manage investment accounting close activities, statutory and GAAP reporting, NAIC investment schedules, regulatory filings, internal controls, audit support, and process improvements. Ensure accurate, complete, timely, and compliant accounting results while communicating financial results, risks, trends, and business drivers to senior finance leadership.

Responsibilities

• Manage monthly investment accounting close activities, including journal entries, reconciliations, roll-forwards, and supporting schedules.
• Oversee statutory, GAAP, and NAIC investment schedules, footnotes, regulatory filings, and management reporting deliverables.
• Ensure investment accounting data is accurate, complete, properly classified, and supported by appropriate documentation.
• Apply knowledge of securities, investment income, realized and unrealized gains and losses, impairment considerations, fair value, and statutory reporting requirements.
• Monitor statutory, NAIC, regulatory, and internal policy requirements and assess their impact on accounting and reporting processes.
• Support internal and external audits by coordinating requests, reviewing documentation, resolving issues, and providing timely responses.
• Maintain and strengthen internal controls over investment accounting, reconciliations, reporting, and close activities.
• Keep process documentation current and update it for regulatory, business, system, and control changes.
• Prepare and review analytics, schedules, and explanations of investment accounting results for management and senior finance leadership.
• Communicate accounting results, key drivers, risks, open items, and process issues to finance partners, management, auditors, and cross-functional stakeholders.
• Lead remediation efforts related to audit findings, control enhancements, regulatory changes, and reporting updates.
• Identify and lead improvements in efficiency, accuracy, documentation, automation, consistency, 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 escalates issues with recommended solutions.
• Manage, coach, and develop team members by setting expectations, reviewing work, providing feedback, and maintaining accountability.
• Promote a collaborative, resilient, and continuous-improvement-focused team environment.

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.
• Bachelor s degree in accounting, business, or a related field.
• Demonstrated experience leading, coaching, and developing team members.
• Preferred experience includes 10 or more years in investment accounting or finance within a regulated insurance or financial services environment.
• Preferred experience managing statutory, GAAP, NAIC, or investment accounting reporting functions.
• Master s degree in accounting, business, or a related field is preferred.
• Certified Public Accountant certification is preferred.
• Experience with Oracle ERP, Oracle ARCS, Oracle Task Manager, Clearwater, and Microsoft Office.
• Strong knowledge of insurance company accounting, investment accounting, statutory reporting, GAAP, NAIC requirements, regulatory reporting, and internal controls.
• Experience with SOX or similar control frameworks, audit support, process documentation, and issue remediation.

Skill

• Strong analytical and problem-solving skills with close attention to detail.
• Ability to identify issues, research variances, evaluate options, and recommend solutions.
• Ability to prepare executive-ready analysis and explain complex accounting and regulatory matters clearly.
• Strong technical and functional expertise in investment accounting, statutory reporting, internal controls, and regulatory reporting.
• Effective planning, organization, prioritization, and deadline management.
• Sound judgment, decision-making, diplomacy, and professional integrity.
• Strong written, verbal, interpersonal, and cross-functional communication skills.
• Ability to interpret policies and procedures and translate them into practical accounting actions.
• Ability to maintain confidentiality and protect sensitive information.
• Ability to establish and maintain a positive, collaborative, and productive work environment.

Summary

Experienced investment accounting and financial reporting leader with expertise in regulated insurance environments. Demonstrated knowledge of statutory, GAAP, NAIC, regulatory, and investment accounting requirements. Proven ability to manage close activities, reporting deliverables, audits, internal controls, and process improvements. Effective people leader who coaches teams, sets clear expectations, and drives accountability. Skilled communicator who presents accurate, concise, and decision-ready information to finance leadership and stakeholders.

Equal Opportunity Employer Statement

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.