Specialist, Investment Accounting

NBMBAA; Northern (KY); Hybrid; USD 80,000 - 149,000; Full time

Benefits offered by this job

Medical/dental/vision

401(k) with company match

Paid time off

Job summary

Nationwide is seeking a seasoned Investment Accountant Specialist to lead complex investment accounting activities and ensure accurate financial reporting and regulatory compliance. You’ll influence policy development, coordinate sophisticated data, and prepare pro forma analyses for internal and external stakeholders.

The role emphasizes advanced accounting principles, problem solving, and collaboration within a technology-enabled, controllership-focused organization.

Qualifications

• Undergraduate studies in accounting, finance or business administration. Account major and degree preferred.
• Six years of investment accounting experience preferably in the insurance or financial service industries and within a specific product/business area.
• CPA studies desirable.

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.

Skills

Investment accounting

GAAP knowledge

Financial reporting

Project management

Analytical skills

Verbal & written communication

Education

Bachelor's degree in accounting or finance

CPA studies desirable

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.

This position will be hired on a SuccessFlex basis. The hired associate must reside within 35 miles of the following location(s):

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 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.

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.

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.

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. The national salary range for Specialist, Investment Accounting : $79,500.00-$148,500.00 The expected starting salary range for Specialist, Investment Accounting : $79,500.00 - $119,500.00