Senior Manager Investment Accounting
Company: Empower
Location: Chattanooga
Posted on: April 30, 2024
Job Description:
Grow your career with a growing organizationWhether they're
helping people reach their long-term financial goals or providing
personal wealth management strategies, every associate contributes
to changing the lives of those we serve for the better. When it
comes to job satisfaction, that's hard to beat. And from a personal
satisfaction perspective, you'll enjoy the freedom to support
causes that matter to you and experience a truly inclusive work
environment. Your future starts now.Manage operations and
accounting for alternatives investments within Great-West Lifeco
and affiliates, ensuring timely and accurate recording of
transactions and compliance with accounting standards like
Statutory, US GAAP & IFRS. -What you will do:
- ---Manage alternatives investment operations, including
accurate and timely transaction input, manager portal monitoring,
trade ticket creation. - -
- Handle alternatives investment accounting from subledger review
to general ledger closure, ensuring accurate financial reporting
and disclosure. -
- Lead investment accounting processes for the Company and
affiliates, collaborating with the technical accounting group for
regulatory updates.
- Complete monthly close in the investment accounting system
(PAM) and reconcile feed files to general ledger systems.
- Establish internal controls for general ledger and sub-ledger
reconciliations, ensuring data integrity.
- Review reports to resolve exceptions and reconciling items
promptly.
- Coordinate financial statement audits for the Company and
affiliates related to investment accounting.
- Act as the primary contact for alternative asset managers,
regional investment team, SAP modifications, and accounting system
changes.
- Support reporting and analysis on Lifeco's consolidated
alternatives investment activity and portfolio
- Document processes and procedures comprehensively
- Monitor securities accounting system setup for compliance and
oversee periodic upgrades -
- Evaluate system functionalities against business requirements
and facilitate necessary adjustments.
- Make staffing decisions, including recruitment and training, to
ensure optimal team performance.
- Plan staff reorganization to accommodate workload fluctuations
or absences.
- Identify and recommend enhancements to existing policies and
procedures for operational efficiency and compliance.What you will
bring:
- ---Bachelor's degree in Accounting or Finance required.
- 6 years of related investment accounting, high volume ledger,
and three years supervisory experience.What will set you apart:
- CPA preferred.
- Knowledge of alternative investments (private equity, SMAs,
CLOs), derivatives and hedge accounting, and financial
instruments***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.***#PJFINWhat we offer youWe offer an array of diverse and
inclusive benefits regardless of where you are in your career. We
believe that providing our employees with the means to lead healthy
balanced lives results in the best possible work performance.
- 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) - internal networks that rally
around common interest, experiences and identities such as race,
ethnicity, gender, ability, military status and sexual orientation.
BRGs play a vital role in educating and engaging our people and
advancing our business priorities.Base Salary Range$97,000.00 -
$136,975.00The 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 workplaceWe 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:05-06-2024Want the latest money news and views shaping how we
live, work and play? Sign up for Empower's and check out .Workplace
Flexibility: Hybrid
Keywords: Empower, Murfreesboro , Senior Manager Investment Accounting, Executive , Chattanooga, Tennessee
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