Specialist, Investment Accounting

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

Job summary

Nationwide Mutual Insurance Company seeks a Specialist, Investment Accounting in Columbus, OH. The role focuses on GAAP and statutory reporting, investment accounting policy, and complex financial analysis to support internal and regulatory needs.

You will collaborate with Finance teams, review investment-related deliverables, and contribute to system improvements while guiding junior staff in a hybrid work environment.

Qualifications

• Six years of investment accounting experience in insurance/financial services.
• CPA studies desirable.
• Undergraduate degree in accounting/finance or related field preferred.

Responsibilities

• Lead role in establishing and implementing investment accounting policies and procedures.
• Prepare complex financial statements and regulatory reports for GAAP and statutory requirements.
• Coordinate preparation of investment accounting data for internal management and external regulators.
• Mentor and guide other investment accountants on selected projects.
• Assist in development of new systems and processes within Investment Accounting.

Skills

GAAP knowledge

Financial statement analysis

Project management

Verbal and written communication

Attention to detail

Advanced PC skills

Education

Undergraduate studies in accounting/finance

CPA studies desirable

Tools

Investment accounting systems

Excel

Job description

Specialist, Investment Accounting# Nationwide Careers## Specialist, Investment AccountingApply: Ohio - Columbus, One Nationwide Plaza: Full time: Posted Today: 100830As 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.This is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week.*This role is responsible for the preparation and review of quarterly and annual financial reporting for investment-related deliverables including **GAAP and Statutory investment** footnotes, **regulatory reporting,** internal investment balance sheet and income statement analysis, rating agency deliverables and board of director and audit committee deliverables.* *Additional responsibilities of individual contributors on the within the broader Investments Reporting, Data and Technology team may include involvement in a transformational investment system project, performance of various portfolio wide risk-related analysis and activities, informal coaching and development of other associates, leading continuous improvement project opportunities to streamline processes, and performing other duties as assigned.* This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. #LI-CA1#Nationwidefinance#controllership#investmentcontrollership**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 complex investment accounting functions associated with advanced accounting. We'll count on you to use advanced principles, techniques and procedures to acquire, assemble, evaluate, interpret, record and analyze financial data of all types and sources ultimately used to prepare of financial documents and/or reports 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 new or revised investment accounting policies and procedures.* Prepares and analyzes the most complex financial, and regulatory statements for the company(ies) and/or business areas assigned.* Maintains more complex investment accounting records as needed for the coordination, preparation and submission of the various required reports.* Develops and submits complex investment accounting and financial transactions required for proper 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 regulatory requirements which ultimately impact the submission of statements, reports and other financial data.* Participates in the development and design of more complex new systems and processes.* Recommends changes to areas of responsibility that would enhance, improve or facilitate job performance, processing or workflow.* Owns the development and design of new and enhanced systems and processes within the assigned areas, under limited guidance.* Ensures preparation and analysis of the most complex pro forma financial data required for compliance with new requirements.* Assists management in applying financial data and analysis to the solution of administrative and operating problems.* Prepares state and supplemental reporting requirements as assigned and required.* Prepares complex financial information to provide to internal and external auditors, IRS, state examiners and other regulatory agencies, as assigned.* Prepares special reports and presentations as directed.* Serves in a group leader capacity to other investment accountants on selected projects.May perform other responsibilities as assigned.**Reporting Relationships:** Reports to Investment Accounting Manager.**Typical Skills and Experiences:****Education:** Undergraduate studies in accounting, finance or business administration. Account major and degree preferred.**License/Certification/Designation:** CPA studies desirable.**Experience:** Six years of investment accounting experience preferably in the insurance or financial service industries and within a specific product/business area.**Knowledge, Abilities and Skills:** GAAP 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. Investment 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 investment 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 that may impact 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 investment 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 Human Resources 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**We have an array of benefits to fit your needs, including: 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. To learn more about the benefits we offer, click here.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.#investments **NOTE TO EMPLOYMENT AGENCIES:**We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.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.The national salary range for Specialist, Investment Accounting : $79,500.00-$148,500.00The expected starting salary range for Specialist, Investment Accounting : $79,500.00 - $119,500.00