Reliance Matrix · 18 hours ago
Manager, Investment Accounting
Philadelphia, PA
Full-time
Hybrid
Senior Level, Lead/Staff
$114K/yr - $152K/yr
8+ years expReliance Matrix is a company focused on fostering an inclusive culture, and they are seeking a Manager of Investment Accounting. This role involves supervising the investment accounting processes, ensuring compliance with GAAP and statutory requirements, and mentoring the investment accounting team.
Employee BenefitsFinancial ServicesInsuranceMental HealthRetirement
Responsibilities
Owns general ledger entry recording process across various accounting bases for investment-related items, including the oversight of the preparation of supporting documentation, reconciliation of key items, and coordination of the general ledger coding and mapping for new accounts and asset classes
Reviews and approves investment accounting support provided for quarterly and annual financial reporting on a GAAP and statutory basis, including overseeing the development and production of supporting schedules and ensuring the completeness and accuracy of such support
Ensures accuracy of information included in financial reporting packages and management reporting deliverables for corporate parent and other clients in their respective proprietary formats
Coordinates responses to various requests from internal and external stakeholders for financial data
Manages direct reports by appropriately delegating work assignments, completing annual reviews and other reviews as necessary, and actively engaging in employee development and career planning
Directly coordinates with outsourced investment accounting provider on investment accounting manners and key departmental initiatives, ensuring appropriate prioritization of initiatives and completion of outstanding tasks
Leads the month-end close process with a focus on accuracy, efficiency, and continuous progress towards the goals and objectives set forth by management and the broader team
Analyzes and understands drivers behind investment income through independent analytics and variance analysis, including identifying and remediating issues in a timely manner, addressing any data and/or investment accounting policy inconsistencies by working across all stakeholders including third-party providers
Ensures accuracy and consistency of reporting packages for management, financial, and regulatory reporting for internal and external consumption
Applies investments knowledge and previous work experience to assess reasonableness of results, and proactively questions inconsistent data sets
Participates in improving investment accounting workflow based on feedback from all key stakeholders
Leads strategic reporting projects for the department including ledger booking enhancements, automation of monthly workflow through use of various systems/tools, investment accounting vendor due diligence, and additional items as assigned
Acts as a key point of contact for external vendors, including investment accounting platform vendor
Reviews operational workflow to identify areas of opportunity to streamline and automate tasks and implements changes to improve workflow as identified
Assists in the development and documentation of accounting policies and procedures, ensuring documentation is maintained and updated at all times
Produces / supervises the creation of audit-ready documentation for areas of responsibility relating to internal control environment and ensures team members understand audit requirements
Participates in the onboarding of new asset classes, investment strategies, and investment systems
Actively leads department meetings and engages colleagues in open forum discussions
Promotes professional development of direct reports including technical and qualitative skills. Enrolls staff in continuing education programs offered by the Company as well as external programs based on relevance and management approval
Participates in improving the overall real estate owned workflow based on feedback from all key stakeholders and challenging external vendors to improve upon deliverables and capabilities
Develops an efficient audit model related to real estate owned processes and procedures to accurately produce work papers, ensures appropriate levels of review, and provides timely information to auditors as requested
Be the main point of contact for the audits of the real estate owned Trusts
Establishes and maintains working relationships with colleagues and peers outside of the company to obtain additional perspectives and ideas for potential implementation of best practices
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, or Engineering
8+ years relevant work experience
Solid command of fixed income instruments and concepts, including discounting and time value of money principles, and internal rates of return
Understanding of insurance investment accounting with associated GAAP and statutory principles
Ability to communicate complex information in a concise and understandable manner
Ability to work under pressure and to provide accurate results in such situations
Demonstrated independence to complete tasks with minimal supervision and mentor staff members
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, explain, and make conclusions/recommendations based upon accounting guidance
Ability to Travel: Up to 25%
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
Company
Reliance Matrix
Reliance Matrix provides financial protection, absence management, and supplemental health benefits solutions.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Srinivas Jonnada
SVP & CIO
Recent News
2026-01-15
2026-01-07
2025-10-21
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