The Investment Accounting and Statutory Reporting Manager position will participate in the monthly close on a generally accepted accounting principles (GAAP) and statutory basis, establish accounting policies, and support best practices with a primary focus on investment accounting. The Manager will produce and file the quarterly, annual and continuing statutory and regulatory reports, and oversee all state required filings and payments for an insurance company.
ESSENTIAL JOB DUTIES & RESPONSIBILITIES
Participate in all aspects of the monthly financial close process.
Manage the financial accounting and reporting requirements for the organization’s investment portfolio including, but not limited to, available-for-sale accounting, fair value reporting, and other-than-temporary-impairment (OTTI) assessments.
Manage statutory filing and reporting requirements.
Manage preparation of and filing of audited statutory statements and state filings.
Manage the design, implementation and execution of accounting and reporting processes – including internal controls, related systems/applications, journal entry review, and account reconciliations.
Work with internal staff and outside service providers on investment accounting and reporting.
Support the preparation of the audited GAAP statements.
Work with management team to identify and analyze key operating metrics and prepare reports in a timely and accurate manner.
Support maintenance of general and subsidiary ledgers.
Assist in development and implementation of policies, priorities, and procedures.
Provide oversight and support for SOX documentation.
Provide support, guidance and leadership to direct reports and team members.
Coordinate with other reporting groups to ensure
Bachelor’s degree in Accounting, a related field or the equivalent work experience.
CPA certification and/or MBA preferred, or working to achieve same.
Five or more years of industry or public accounting experience.
One or more years prior management experience.
Prior experience in financial services or the mortgage industry, a plus.
Prior experience with Oracle Fusion, a plus.
Understanding of statutory and GAAP accounting.
Written and oral communication skills.
Ability to work independently under general direction with latitude for initiative and independent judgment.
Ability to work at all levels within the organization.
Able to identify and prioritize problems and recommend solutions.
Works ethically and with integrity supporting organizational goals and values.
Completes work in a timely manner and meets deadlines, with ability to multi-task.
Meets productivity standards and achieves key outcomes.
Contributes to building a positive team spirit and treats others with respect.
Maintains confidentiality of information and uses information appropriately.
Exhibits sound judgment when making decisions and recommendations.
Fosters collaboration toward a common vision and shared goals.
Analyzes and interprets information accurately.
About National MI
National MI began with a promise to restore trust in the mortgage industry. We are keeping that promise. We move MI forward through innovation, take a straightforward approach to both our products and practices to ensure lenders’ confidence in the loans they place with us, and treat every customer as if they are our only customer. We’ve established credibility in the industry by building a strong company with no legacy risk, demonstrating a track record of performance and growth, and delivering innovative mortgage solutions that are clear and concise. We help more people realize the dream of getting into a home, which contributes to the revitalization of our economy and residential communities.