Specialist Accounting - Escheat Operations

Nationwide Mutual Insurance Company; Columbus (OH); Hybrid; USD 80,000 - 149,000; Full time

Benefits offered by this job

Medical/dental/vision

Paid time off

401(k) with company match

Job summary

Nationwide Mutual Insurance Company in Columbus, OH seeks a Specialist, Accounting - Escheat Operations to lead complex accounting tasks, manage unclaimed property reporting, due diligence, reconciliations and regulatory submissions, and maintain audit-ready documentation. The role emphasizes accuracy, confidentiality, and deadlines while collaborating with Controllership and cross-functional teams. The associate works 2 days in office and 3 days remote.

Qualifications

• Undergraduate studies in accounting, finance or business administration; accounting major and degree preferred.
• Progress toward CPA preferred.
• Insurance industry experience is a plus.

Responsibilities

• Establish and implement new or revised accounting policies and procedures.
• Prepare and analyze sophisticated financial and regulatory statements.
• Ensure completeness and accuracy of reports for internal and external clients.
• Lead the design of new systems and processes within assigned area.

Skills

GAAP knowledge

Financial statement prep

Regulatory reporting

attention to detail

project management

Education

Accounting degree

Tools

Accounting software

Job description

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, "on your side" goes beyond just words. Our customers are at the center of everything we do and we're looking for associates who are passionate about delivering extraordinary care.

The Specialist, Accounting - Escheat Operations supports the accurate and timely processing of unclaimed property activities, including state reporting and remittance support, due diligence and courtesy letter processes, recoveries, reconciliations, exception handling, controls, and partner inquiries. This role serves as a subject-matter resource for Escheat Operations, resolves complex work within established procedures, maintains audit-ready documentation, supports systems and process improvements, and helps develop team capability through knowledge sharing and cross-training. Success in this role requires strong organization, communication, judgment, attention to detail, and the ability to manage deadlines while handling sensitive information confidentially.

This position will be hired on a SuccessFlex basis. The hired associate must reside within 35 miles of the following location(s): 1 Nationwide Plaza. Work schedule: 2 days in office, 3 days remote. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

Job Description Summary

Would you thrive in an inclusive work environment where you can lead, adapt and innovate? Do you want to invest in yourself and work in an environment of problem solving, collaboration and learning? If you're ready to lead in a technology-enable, digitally focused organization, where Controllership is a captivating and respected career, we want to hear from you! As a Specialist, you'll plan, coordinate and perform the most complex accounting functions. We'll count on you to acquire, assemble, evaluate, interpret, record and analyze financial data of all types and sources ultimately utilized in the preparation of financial documents for various regulatory and statutory authorities and for internal management of all levels.

Job Description Key Responsibilities

• Performs a lead role in establishing and implementing of new or revised accounting policies and procedures.
• Prepares and analyzes the most sophisticated financial and regulatory statements for the company(ies) and/or business areas assigned.
• Develops and submits sophisticated accounting and financial transactions required to ensure accurate reporting.
• Ensures the completeness and accuracy of all reports, forms and data provided to internal and external clients/customers.
• Recommends management actions or alternatives when the analysis of financial documents discloses unfavorable trends, situations or deviations.
• Keeps informed of changes to GAAP and/or STAT regulatory requirements which ultimately impact the submission of statements, reports and other financial data.
• Recommends changes to area(s) of responsibility that would enhance, improve or facilitate job performance, processing or workflow.
• Leads the development and design of new and enhanced systems and processes, under general guidance, within the assigned area(s).
• Prepares and analyzes the most complex pro forma financial data required for compliance with new requirements.
• Assists management in applying financial data and analysis to solve administrative and operating problems.
• Prepares state and supplemental reporting requirements.
• Prepares complex financial information to provide to internal and external auditors, IRS, state examiners and other regulatory agencies.
• Prepares special reports and presentations.
• Serves in a group leader capacity to other accountants on selected projects.
• May perform other responsibilities as assigned.

Reporting Relationships

Reports to Accounting Manager or Director.

Typical Skills and Experience

• Education: Undergraduate studies in accounting, finance or business administration; accounting major and degree preferred.
• License/Certification/Designation: Progress towards CPA preferred.
• Experience: Four to six years of related accounting experience; insurance experience preferred.

Knowledge, Abilities and Skills

• GAAP and/or STAT knowledge and/or functional business area regulatory requirements.
• Complex financial statement preparation, including consolidation of companies/subsidiaries.
• Principles of taxation and the related impact on financial statement preparation.
• Accounting and/or business computer systems.
• Company organizational structure and products and services.
• Verbal and written communication skills for internal/external contacts.
• Ability to analyze, discover and solve accounting problems, to interpret financial documents and data and to analyze and interpret legal requirements.
• Project management skills.
• Ability to interpret changes in financial reporting and legal requirements relative to the impact on financial statement preparation and to the formulation of company or business area policies and procedures.
• Ability to effectively operate a personal computer and related software using advanced techniques.
• Ability to apply accounting principles, theories, concepts and practices to specialized, unique and/or nonrecurring complex problems.
• Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values

Regularly and consistently demonstrates Nationwide Values.

Job Conditions

• Overtime Eligibility: Exempt (Not eligible)
• Working Conditions: Normal office environment. May require extended hours in periods of high volume.
• ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
• Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit and/or background check will be required as part of the selection process.

Benefits

• medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

Compensation

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

National salary range for Specialist, Accounting : $79,500.00-$148,500.00

Expected starting salary range for Specialist, Accounting : $79,500.00 - $119,500.00

At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we've been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.