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Reliance Matrix · 2 weeks ago

Investment Accountant Sr. – Policy

Philadelphia, PA

Full-time

Hybrid

Mid, Senior Level

$81K/yr - $108K/yr

4+ years exp

Reliance Matrix is a company focused on fostering an inclusive culture and they are seeking a Senior Investment Accountant to work in the Accounting Policy and Analytics department. The role involves assisting in critical investment reporting functions, department initiatives, and analytical support for management, along with the development of various ad-hoc projects.

Employee BenefitsFinancial ServicesInsuranceMental HealthRetirement

Responsibilities

Preparation of general ledger journal entry process across various accounting bases for investment-related items, including the preparation of supporting documentation and the reconciliation of key items

Assists in research of accounting guidance for new and unique investment transaction as well as playing a key role in implementation

Preparation of Fair Value disclosures under various accounting bases

Key role in preparation of Statement of Cash Flow for direct parent and insurance subsidiaries

Provides supporting tie-out schedules for financial statements for certain GAAP and statutory disclosures

Assists with internal and external auditor requests with appropriate documentation and workpapers

Understands general ledger workflow and implements best practices to optimize the monthly close process including automation, streamlining, and management-level control reports

Analysis of investment valuation outputs as part of monthly close cycle

Maintains transaction-level analysis of cash flow consideration and coordinates with various stakeholders to appropriately classify investment activity within custody and ledger feeds

Assists in analysis of GAAP and statutory classification schemes and assesses appropriateness with applicable guidance

Performs analysis of non-admitted assets and accruals for statutory entities

Works to understand IMR/AVR/RBC calculations and takes an active role in their preparation

Leads at least one department initiative per year including developing a project plan, implementing the initiative, and monitoring the progress after implementation to determine level of success

Proactively recommends changes and/or improvements to workflow processes

Participates in department meetings and engages colleagues in open forum discussions

Qualification

CPA designationInvestment accountingFinancial analysisMicrosoft ExcelProject managementMultitaskingIndependenceCommunication skills

Required

Bachelor's degree in Finance, Accounting, Economics, or Engineering

4+ years relevant work experience

Understanding of fixed income instruments and concepts, including discounting and time value of money principles, and internal rates of return

Familiarity of investment accounting with associated accounting principles

Ability to communicate complex information in a concise and understandable manner

Ability to multitask and prioritize work to attain strict deadlines

Demonstrates independence to complete tasks with minimal supervision, while seeking assistance when needed

Solid proficiency in Microsoft Office, particularly Microsoft Excel and PowerPoint, including competency with various Excel formulas including V- and H-lookups, pivot tables, database functions, and arrays

Ability to research, comprehend, and make conclusions/recommendations based upon accounting guidance

Preferred

CPA designation or working towards CPA designation preferred

Benefits

An annual performance bonus for all team members

Generous 401(k) company match that is immediately vested

A choice of three medical plans (that include prescription drug coverage) to suit your unique needs. For High Deductible Health Plan enrollees, a company contribution to your Health Savings Account

Multiple options for dental and vision coverage

Company provided Life & Disability Insurance to ensure financial protection when you need it most

Family friendly benefits including Paid Parental Leave & Adoption Assistance

Hybrid work arrangements for eligible roles

Tuition Reimbursement and Continuing Professional Education

Paid Time Off – new hires start with at least 20 days of PTO per year in addition to nine company paid holidays. As you grow with us, your PTO may increase based on your level within the company and years of service.

Volunteer days, community partnerships, and Employee Assistance Program

Ability to connect with colleagues around the country through our Employee Resource Group program