Senior Technical Accounting Manager

Genworth North America Corporation; Raleigh (NC); Hybrid; USD 115,000 - 150,000; Full time

Job summary

Enact Holdings, Inc. in Raleigh, NC is seeking a Senior Technical Accounting Manager to provide leadership across U.S. GAAP, SAP and other regulatory regimes.

You will support complex analyses, financial reporting conclusions, and documentation while partnering with the Controllership team. Responsibilities include researching complex transactions, advising on credit-related insurance/reinsurance matters, and guiding system implementation to strengthen reporting controls.

Qualifications

• Bachelor's or Master's degree in Accounting required.
• CPA certification preferred or required depending on role.
• 8+ years in progressive accounting roles with technical accounting analysis.
• Strong knowledge of U.S. GAAP and ability to apply guidance to complex transactions.
• Proven ability to research technical accounting matters and clearly document conclusions.
• Ability to work independently with sound judgment in a fast-paced, deadline-driven environment.
• Excellent written and verbal communication skills; ability to explain complex accounting concepts clearly.

Responsibilities

• Lead technical accounting research and documentation for complex transactions under U.S. GAAP, SAP and other accounting principles.
• Evaluate accounting and reporting implications of reinsurance and insurance transactions including commissions and FX matters.
• Assist with statutory and U.S. GAAP financial reporting deliverables and regulatory filings.
• Maintain and enhance technical accounting policies, process documentation, and internal controls.
• Monitor emerging accounting guidance affecting insurance and reinsurance; assess impact on policies and disclosures.
• Serve as accounting SME on system implementation or enhancement projects for credit insurance and reinsurance.
• Identify and drive process improvements to increase efficiency and strengthen controls.

Skills

CPA Certification

U.S. GAAP knowledge

Technical accounting analysis

Communication skills

Interpersonal skills

Excel

Financial reporting

Education

Bachelor's or Master's degree in Accounting

Tools

Oracle ERP

Excel

Job description

At Enact, we understand that there's no place like home. That's why we bring our deep expertise, insightful offerings, and extra mile service to work every day to help lenders put more people in homes and keep them there.

We're looking for a Senior Technical Accounting Manager in Raleigh, NC to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection. In this role, you will report to the Director of Financial Reporting within the Controllership team and provide technical accounting leadership across U.S. GAAP, statutory accounting principles (SAP) and other applicable global accounting and regulatory regimes. This role will support complex accounting analyses, financial reporting conclusions, and related documentation, with a particular focus on the Company's credit-related insurance and reinsurance business. The role will evaluate new transactions, provide guidance to business leaders on potential accounting issues and how best to address them, strengthen reporting processes, support audit and regulatory deliverables, partner closely across functions, and assist with system implementation or enhancement initiatives impacting accounting and reporting.

LOCATION

Enact Headquarters, Raleigh, NC - Hybrid Schedule

YOUR RESPONSIBILITIES

• Lead technical accounting research and documentation for complex transactions under U.S. GAAP, SAP and other international accounting principles, including preparation of accounting memos and position papers.
• Evaluate the accounting and reporting implications of assumed credit-related reinsurance and insurance transactions, including profit commissions, ceding commissions, collateral provisions, foreign exchange matters and other transaction-specific terms.
• Assist with statutory and U.S. GAAP financial reporting deliverables, including disclosures, supplemental schedules, regulatory filings, and responses to auditor or regulator inquiries.
• Maintain and enhance technical accounting policies, process documentation, and internal controls related to complex transactions and financial reporting conclusions.
• Monitor emerging accounting and regulatory guidance affecting insurance, reinsurance, and financial reporting matters, and assess the impact on company policies, disclosures, and processes.
• Serve as a key accounting subject matter expert on system implementation or enhancement projects supporting the credit insurance and reinsurance business, including requirements gathering, testing, control design, data validation, and accounting/reporting readiness.
• Identify and drive process improvement opportunities to increase efficiency and strengthen accounting and reporting controls.

YOUR QUALIFICATIONS

• Bachelor's or Master's degree in Accounting.
• CPA Certification.
• 8+ years of progressive accounting experience, including technical accounting analysis.
• Strong knowledge of U.S. GAAP and experience interpreting and applying accounting guidance to complex transactions.
• Demonstrated ability to research technical accounting matters, document conclusions clearly, and communicate accounting positions to internal and external stakeholders.
• Ability to work independently and exercise sound judgment in a fast paced, deadline driven environment.
• Strong interpersonal skills, with the ability to collaborate effectively within the accounting team and across departments and levels of the organization.
• Excellent written and verbal communication skills, including the ability to clearly document accounting matters and explain technical accounting concepts in a clear, practical manner.
• Strong analytical and critical thinking skills.
• Strong proficiency in Excel and other accounting and financial reporting tools.

PREFERRED QUALIFICATIONS

• Financial services or insurance experience, including statutory accounting.
• Knowledge of special purpose vehicles (SPVs), hedge accounting, and derivative financial instruments.
• Public accounting experience.
• Oracle or similar ERP experience.

COMPANY

Enact Holdings, Inc. (Nasdaq: ACT), operating primarily through its wholly owned subsidiaries, is a leading publicly traded U.S. private mortgage insurance provider, offering borrower-centric products that enable lenders and other partners across the U.S. to help people responsibly achieve and maintain the dream of homeownership.

By empowering customers and their borrowers, Enact seeks to positively impact the lives of those in the communities in which it serves in a sustainable way. Headquartered in Raleigh, North Carolina, we play an active role in supporting a prosperous Triangle community. We also support our colleagues' philanthropic efforts in their home communities across the U.S. Enact values all perspectives, characteristics and experiences, along with providing a positive and inclusive culture for employees to grow and succeed. We strive to create an environment where employees can bring their full, authentic selves to work to help each other and their customers.

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