Investment Accounting Manager

Selby Jennings; West Des Moines (IA); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Selby Jennings is seeking an Investment Accounting Manager in Des Moines, IA (Hybrid: 3 days on-site) to lead a seasoned team overseeing the accounting, reporting, and analysis of a diversified investment portfolio within an insurance framework.

The role partners across Investments, Treasury, Actuarial, Tax, and Finance, driving process improvements and regulatory reporting. A CPA and 8+ years in insurance accounting are preferred, with strong SAP/GAAP knowledge.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA designation required or strongly preferred.
• 8+ years of accounting experience within the insurance industry.
• Strong knowledge of SAP and GAAP reporting.
• Experience supporting investment accounting and reporting activities.
• Prior leadership, supervisory, or team development experience preferred.

Responsibilities

• Lead a team responsible for the accounting, reporting, and analysis of a diversified insurance investment portfolio.
• Oversee statutory and GAAP investment accounting across fixed income securities, mortgage loans, private placements, limited partnerships, derivatives, and alternative investments.
• Review investment activity, financial reporting, reconciliations, and accounting controls to ensure accuracy and compliance.
• Partner with Investments, Treasury, Actuarial, Tax, Finance leadership, and external auditors.
• Support capital planning initiatives and provide analysis to assist management decision-making.
• Drive process improvement, automation, and operational efficiency initiatives across the investment accounting function.
• Research technical accounting matters and evaluate the impact of regulatory and accounting developments.
• Coordinate internal and external audits and assist with regulatory reporting requirements.
• Develop, mentor, and coach a team of investment accounting professionals.
• Manage department priorities and ensure timely completion of monthly, quarterly, and annual reporting deliverables.

Skills

Leadership

Analytical skills

Communication

Team development

Education

Bachelor's degree in Accounting/Finance

CPA designation

Tools

SAP

GAAP knowledge

Job description

Company Overview

A well-established insurance and financial services organization is seeking an Investment Accounting Manager to join its finance leadership team. The company manages a large, diversified investment portfolio and offers the opportunity to lead a highly experienced team while partnering across Investments, Treasury, Actuarial, Tax, and Finance. This position provides strong organizational visibility, meaningful leadership responsibilities, and long-term growth potential within a stable organization.

Location

Des Moines, IA (Hybrid: 3 days/week on-site)

Job Responsibilities

• Lead a team responsible for the accounting, reporting, and analysis of a diversified insurance investment portfolio.


• Oversee statutory and GAAP investment accounting across fixed income securities, mortgage loans, private placements, limited partnerships, derivatives, and alternative investments.


• Review investment activity, financial reporting, reconciliations, and accounting controls to ensure accuracy and compliance.


• Partner closely with Investments, Treasury, Actuarial, Tax, Finance leadership, and external auditors.


• Support capital planning initiatives and provide analysis to assist management decision-making.


• Drive process improvement, automation, and operational efficiency initiatives across the investment accounting function.


• Research technical accounting matters and evaluate the impact of regulatory and accounting developments.


• Coordinate internal and external audits and assist with regulatory reporting requirements.


• Develop, mentor, and coach a team of investment accounting professionals.


• Manage department priorities and ensure timely completion of monthly, quarterly, and annual reporting deliverables.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.


• CPA designation required or strongly preferred.


• 8+ years of accounting experience within the insurance industry.


• Strong knowledge of Statutory Accounting Principles (SAP) and GAAP reporting.


• Experience supporting investment accounting and reporting activities.


• Prior leadership, supervisory, or team development experience preferred.


• Strong analytical, communication, and problem-solving skills.


• Ability to partner effectively across multiple business functions and levels of leadership.