Investment Accountant

Job Summary

The Sr. Investment Accountant is responsible for performing various duties related to accounting and reporting for investments. This position is part of the Close and Analysis team within the organization’s Investment Center of Excellence (COE) and will assist with the monthly accounting close, various reconciliations and control execution for the Company’s investment portfolio. The ideal candidate will enjoy collaborating with other teams, challenging current processes and driving efficiencies.

This role will support accounting and reporting for mortgages. The candidate must possess Statutory and GAAP accounting knowledge for residential and commercial mortgage loan investments. 

Duties & Responsibilities

• Investment Accounting Operations
  • Perform timely GAAP/Stat basis reconciliations for investment and investment related accounts (i.e. suspense, accounts payable/receivables) between subledger and general ledger. This includes researching and resolving variances and ensuring completeness and accuracy of general ledger.
  • Prepare manual journal entries and extract general ledger details from Oracle on an ad hoc basis.
  • Analyze and interpret investment data and explain the underlying causes of variances and fluctuations.
• Manage high volumes of investment-related financial data and transactions with exceptional organizational skills, ensuring accuracy and taking full ownership of assigned processes from inception to completion.
• Perform monthly close tasks and procedures to ensure timely and accurate Clearwater monthly close, proactively communicating and resolving issues with the Clearwater team.
• Assist in the coordination of both external and internal audit requests.
• Internal Controls & Operational Excellence
  • Proactively plan for contingencies and identify, propose, and implement process improvements.
  • Support internal control objectives through risk identification, control execution, documentation, and gap remediation.
  • Serve as a subject matter expert on assigned duties, providing insight to management to support effective decision-making and operational efficiency.
• Assist in the accounting and reporting for insurance company general account and separate account mortgage loan investments. 
• Support preparation of Statutory reports
• This role includes working closely with the third-party accounting administrator and asset managers to research and resolve variances and reconciling items

Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.