Investment Accounting & Reporting Associate Director

Zurich North America; New Jersey; Hybrid; USD 95,000 - 155,000; Full time

Job summary

Zurich North America seeks an Investment Accounting & Reporting Associate Director to lead the investment subledger, close cycles and analyses in Parsippany, NJ. The role blends deep technical accounting with automation and cross-functional leadership.

You will apply IFRS/US GAAP/NAIC, oversee reporting, and mentor associates while driving digitalization with Power BI, Python and AI tools. Hybrid work, strong compensation and benefits.

Qualifications

• Bachelor’s Degree in Investment Accounting or Finance with 5 or more years of experience.
• Demonstrated knowledge and practical application of US GAAP, US Statutory & US Tax accounting principles.

Responsibilities

• Own the investment subledger; leading and overseeing subledger activities, applying deep expertise in security accounting, valuation and posting logic, and keeping system processes accurately configured and running
• Deliver a smooth close, every cycle; executing and reviewing monthly close and reporting, including monthly and quarterly investment reports for internal stakeholders, auditors and business partners
• Be the escalation point; taking on complex issues, performing advanced review, getting to the true root cause and driving corrective action through to the end
• Bring senior technical judgement; to perform the monthly hard-close cycle, making sure investment accounting results land on time and to a high standard
• Put your technical depth to work; applying IFRS, US Statutory (NAIC), US GAAP and US Tax knowledge to analyze instrument behavior, validate results, share insights and resolve audit or reporting queries
• Prepare and review NAIC statutory investment schedules; keeping reporting accurate and compliant as NAIC requirements evolve
• Ensure proper tax inputs ; preparing, reviewing and validating US Tax reporting data, tax basis calculations and tax schedules in line with IRS rules
• Lead cross-functional improvement initiatives; that strengthen reporting quality, sharpen internal controls and make the end-to-end process genuinely more effective
• Drive digitalization and automation; with tools such as Power BI, Power Automate, Python and AI agents to lift data accuracy, timeliness and productivity
• Strengthening the foundations; developing and maintaining internal controls and quality assurance across all investment accounting and reporting activities
• Grow the people around you; coaching Associates, building their analytical capability and making sure accounting policies and control standards are applied consistently across the team

Skills

US GAAP knowledge

IFRS knowledge

Analytical thinking

Leadership

Education

Bachelor's degree in Investment Accounting or Finance

High School Diploma with 7-10+ years experience

Tools

Power BI

Power Automate

Python

Job description

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Investment Accounting & Reporting Associate Director

137990

Zurich Group Investment Management, Inc. (ZGIM), part of Zurich North America, is looking for an Investment Accounting & Reporting Associate Director to join our Investment Administration and Accounting (IAA) team in Parsippany, NJ.

As the investment landscape grows more complex and technology moves faster, we rely on deep technical competence, strong analytical capability and a genuine commitment to excellence to deliver high-quality outcomes for the business.

Because we understand investment processes, financial instruments and regulatory frameworks inside out, we adapt quickly, hold the line on rigorous standards, and give our partners and stakeholders support that means something.

IAA is a global function within Zurich Investment Management, responsible for the accuracy, transparency and governance of investment accounting, valuation and reporting across the organization. We safeguard the integrity of investment data, keep us aligned with regulatory and audit requirements, and deliver insights that shape strategic portfolio and business decisions. Through this critical work, our team sits at the center of the reliability and credibility of investment information enterprise wide.

We are also continuously improving how we work, enhancing and standardizing processes across regions, and using technology, automation and cross-team collaboration to drive efficiency and build operational resilience.

As a trusted partner to Investment Management and Finance, we deliver the reliable, transparent, high-quality investment information that lets the company decide with confidence.

Why you’ll want this role:

• Visible impact ; your work underpins investment information the whole enterprise relies on
• Real technical depth ; IFRS, US GAAP, NAIC and US Tax in one role is rare, and it makes you highly marketable
• Room to modernize; you’ll shape how the work gets done with automation, analytics and AI, not just keep it running
• Leadership without leaving the technical track ; coach and develop others while staying hands-on

What you will be doing:

• Own the investment subledger; leading and overseeing subledger activities, applying deep expertise in security accounting, valuation and posting logic, and keeping system processes accurately configured and running
• Deliver a smooth close, every cycle; executing and reviewing monthly close and reporting, including monthly and quarterly investment reports for internal stakeholders, auditors and business partners
• Be the escalation point; taking on complex issues, performing advanced review, getting to the true root cause and driving corrective action through to the end
• Bring senior technical judgement; to perform the monthly hard-close cycle, making sure investment accounting results land on time and to a high standard
• Put your technical depth to work; applying IFRS, US Statutory (NAIC), US GAAP and US Tax knowledge to analyze instrument behavior, validate results, share insights and resolve audit or reporting queries
• Prepare and review NAIC statutory investment schedules; keeping reporting accurate and compliant as NAIC requirements evolve
• Ensure proper tax inputs ; preparing, reviewing and validating US Tax reporting data, tax basis calculations and tax schedules in line with IRS rules
• Lead cross-functional improvement initiatives; that strengthen reporting quality, sharpen internal controls and make the end-to-end process genuinely more effective
• Drive digitalization and automation; with tools such as Power BI, Power Automate, Python and AI agents to lift data accuracy, timeliness and productivity
• Strengthening the foundations; developing and maintaining internal controls and quality assurance across all investment accounting and reporting activities
• Grow the people around you; coaching Associates, building their analytical capability and making sure accounting policies and control standards are applied consistently across the team

Basic Qualifications:

• Bachelor’s Degree in Investment Accounting or Finance with 5 or more years of experience OR
• High School Diploma (or equivalent) and 7-10+ years of experience in the Investment Accounting or Finance area AND
• Demonstrated knowledge and practical application of US GAAP, US Statutory & US Tax accounting principles

Preferred Qualifications:

• 2+ years of post-qualified accounting or investment accounting experience
• Public accounting background
• Platform know-how; SAP, BW or other investment subledger and reporting platforms
• Extensive Investment products understanding ; fixed income, equities, structured products, private debt and alternative assets
• A proactive, solutions-focused mindset; you spot issues early and improve things rather than work around them
• Independence under pressure; comfortable owning competing priorities in a fast-paced, deadline-driven environment
• Strong problem-solving and decision-making instincts
• Clear written and verbal communication; you make complex information easy to follow
• Data analytics strength; using Excel and BI tools such as Power BI or Tableau to support decisions and create real business value
• Influence and stakeholder skills; aligning cross-functional teams and supporting decisions across Finance, Investment Management and Operations
• A coaching instinct; helping Associates grow their technical skills and apply standards consistently
• Transformation experience; driving automation and operational excellence in investment accounting or reporting
• Curiosity about emerging technology, including the practical use of AI, to drive innovation and continuous improvement

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us.

The pay range shown is a national average and may vary by location. The proposed salary range for this position is $94,750 - $155,125, with short-term incentive bonus eligibility set at 15%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here .]

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code § 1033.

• Location(s): AM - Parsippany
• Remote Working: Hybrid
• Schedule: Full Time
• Employment Sponsorship Offered: No