Senior Manager VSA Accounting & Reporting

Empower; Oregon; Hybrid; USD 106,000 - 149,000; Full time

Benefits offered by this job

401(k) matching up to 6%

Tuition reimbursement

Paid time off plus holidays

Job summary

Empower is seeking a Sr Manager VSA Accounting and Reporting to oversee US statutory and GAAP reporting for Separate Accounts, subsidiaries, and affiliates. The role requires strong technical accounting knowledge and supervisory experience in financial reporting.

Responsibilities include managing quarterly and annual statements, enhancing processes, and guiding new disclosures in response to regulatory guidance. A collaborative, detail‑oriented leader will thrive in this role.

Qualifications

• Bachelor's Degree in Accounting, Finance, related field, or equivalent experience.
• 7+ years of financial reporting experience required.
• Advanced MS Office Skills (Excel, Access and PowerPoint).
• 3-5 years of supervisory experience preferred.
• Public accounting or investment related financial reporting experience.
• Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles.

Responsibilities

• Manage staff responsible for quarterly/annual statutory NAIC reporting and VSA accounting.
• Oversee investment presentation in the financial statements quarterly.
• Research and propose new disclosures and modifications to reports in response to pronouncements and investment types.
• Interpret new pronouncements by authoritative associations for accounting implications.
• Oversee process improvements and system enhancements to improve efficiency.
• Oversee audits for Investments and explain the Company's position.

Skills

Analytical thinking

Effective communication

Independent and collaborative

Problem solving

Detail oriented

Education

Bachelor's Degree in Accounting/Finance

Tools

MS Excel

MS Access

PowerPoint

Alteryx

Wings

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 Sr Manager VSA Accounting and Reporting is responsible for overseeing and reviewing U.S. Statutory (NAIC - National Association of Insurance Commissioners) and U.S. GAAP, regulatory, tax and/or Board accounting and financial reporting for Separate Accounts of the Insurance Company, subsidiaries and affiliates. This role requites a thorough understanding of accounting pronouncements and appropriate application to the investment portfolio.

ESSENTIAL FUNCTIONS:

• Manage staff responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements, and VSA accounting.
• Oversee investment presentation in the financial statements on a quarterly basis.
• Research and propose new disclosures and modifications to reports in response to new pronouncements, guidelines and investment types.
• Interpret new pronouncements and guidelines issued by authoritative associations in relation to U.S. Statutory, U.S. GAAP, or various regulations for accounting and reporting implications.
• Recommend appropriate changes to accounting systems and presentation of information.
• Oversee process improvements and system enhancements to increase overall effectiveness and efficiency to support internal and external accounting and reporting initiatives.
• Oversee new processes and project implementation.
• Oversee audits for Investments and explaining Company's position.
• Manage the design and implementation of controls pertaining to accounting and financial reporting processes. Maintain an effective control environment through the mitigation and remediation of control compliance issues.

QUALIFICATIONS:

• Bachelor's Degree in Accounting, Finance, related field, or equivalent experience.
• 7+ years of financial reporting experience required
• Advanced MS Office Skills (Excel, Access and PowerPoint)
• 3-5 years of supervisory experience preferred
• Public accounting or investment related financial reporting experience
• Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles
• Previous experience in investments strongly preferred
• Strong technical and analytical skills with ability to communicate effectively, both written and verbally
• Ability to work both independently and collaboratively in a team environment
• Ability to utilize creativity thinking towards improvement of business processes and internal controls, and follow-thru in all stages from design into implementation
• Attention to detail, analytical acumen and excellent organizational skills with the ability to handle and prioritize multiple and competing priorities
• Self-driven with ability to deal with ambiguity, a willingness to learn and take on additional responsibilities
• Proficient in MS Office, including advanced Excel skills
• Process improvement mindset
• Experience using Alteryx and Wings annual statement software a plus

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

• 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 $105,700.00 - $149,275.00The 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.

Job Posting End Date at 12:01 am on: 10-30-2026