Job Description

This role requires occasional office presence in the Knoxville, TN office. This resource will need to reside within 100 miles of the Knoxville, TN Accenture office.

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

Operations is one of four services–the others are Accenture Song, Technology and Strategy & Consulting

The Investment Accounting Specialist is responsible for the accounting and reporting for a global insurance company's invested assets. These assets total over $330 billion and are comprised primarily of fixed maturity securities and includes private equity, hedge funds, commercial/residential loans and equity securities.

The Investment Accounting group’s specific responsibilities include reconciliation of transactional data from various sub-ledgers (Clearwater, Investran, and LMS) to the general ledger and ultimately the company's financial statements as well as all related external reporting for investments (10Q/K, Financial Supplement, STAT Audited Financials and Investment NAIC reporting).  The team is also responsible for the implementation of new accounting systems as it relates to invested assets, implementation of new GAAP and STAT accounting standards as it relates to invested assets, establishing the accounting for new transactions or new investment types and management of the risks, controls and audit as it relates to investments and supporting Investment FP&A.

Key Responsibilities:

  • Execute and manage accounting processes related to the monthly and quarterly accounting close to ensure accuracy of the company's invested assets data

  • Prepare and review the company's statement of cash flows for investments

  • Execute and manage the preparation of certain Investment disclosures for the company's 10Q/K and Financial Supplement, to include all Investment, Lending, Fair Value, VIE Footnotes and Investment MD&A

  • Lead in new initiatives for process improvements and systems implementation, in coordination with other areas of the department/organization.

  • Prepare annual investment related NAIC/STAT reporting exhibits, schedules, and disclosures

  • Point of contact and support for the various business unit and corporate controllers.

  • Coordinate with various areas in the organization to develop an understanding of new investment transactions and to provide guidance/support that ensures the accounting results from these investments are accurately recorded in the company's ledgers across multiple bases (GAAP and Insurance Statutory).

  • Support management with ad-hoc analytical requests



Qualifications

Basic Qualifications:

  • Minimum of 3 years’ experience in one or a combination of the following: Insurance, Financial Services, and /or Finance & Accounting

Preferred Skills/Qualifications:

  • Bachelor's degree with a major in a quantitative field (e.g., Finance, Accounting, Math, Statistics); advanced degree or CPA a plus

  • Experience in public accounting and reporting for investments

  • Experience in controllership or financial reporting role at a public company; insurance sector experience

  • Strong knowledge of financial instruments, including fixed income and equity securities, loans, and alternative investments

  • Knowledge of GAAP accounting pronouncements, US GAAP and US insurance statutory disclosure and reporting requirements for invested assets

Professional Skills:

  • Comfort with uncertainty and fluidity, and can work in an agile manner

  • Strong written and oral communication skills

  • Organizational skills and ability to multitask with a variety of systems and processes to meet competing deadlines

  • Highly motivated, attention to details, Strong analytical and critical problem solving skills

  • Self-starter, and a team player with ability to communicate with teams with various backgrounds

  • Collaborate and interact effectively with all levels of staff and management.

  • Maintain a positive attitude with the ability to make sound decisions with minimal supervision

Compensation for roles at Accenture varies depending on a wide array of factors including but not limited to the specific office location, role, skill set and level of experience. As required by local law, Accenture provides a reasonable range of compensation for roles that may be hired in California, Colorado, New York City or Washington as set forth below and information on benefits offered is here.  

Role Location: Range of Starting Pay for role

California: $67,900 to $154,800

Colorado: $67,900 to $133,700

New York City: $78,600 to $154,800

Washington: $78,600 to $154,800



COVID-19 update:


The safety and well-being of our candidates, our people and their families continues to be a top priority. Until travel restrictions change, interviews will continue to be conducted virtually.


Subject to applicable law, please be aware that Accenture requires all employees to be fully vaccinated as a condition of employment. Accenture will consider requests for accommodation to this vaccination requirement during the recruiting process.


What We Believe


We have an unwavering commitment to diversity with the aim that every one of our people has a full sense of belonging within our organization. As a business imperative, every person at Accenture has the responsibility to create and sustain an inclusive environment.


Inclusion and diversity are fundamental to our culture and core values. Our rich diversity makes us more innovative and more creative, which helps us better serve our clients and our communities. Read more here


Equal Employment Opportunity Statement


Accenture is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion or sexual orientation.


All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.


Accenture is committed to providing veteran employment opportunities to our service men and women.


For details, view a copy of the Accenture Equal Opportunity and Affirmative Action Policy Statement.


Requesting An Accommodation


Accenture is committed to providing equal employment opportunities for persons with disabilities or religious observances, including reasonable accommodation when needed. If you are hired by Accenture and require accommodation to perform the essential functions of your role, you will be asked to participate in our reasonable accommodation process. Accommodations made to facilitate the recruiting process are not a guarantee of future or continued accommodations once hired.


If you would like to be considered for employment opportunities with Accenture and have accommodation needs for a disability or religious observance, please call us toll free at 1 (877) 889-9009, send us an email or speak with your recruiter.


Other Employment Statements


Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States.


Candidates who are currently employed by a client of Accenture or an affiliated Accenture business may not be eligible for consideration.


Job candidates will not be obligated to disclose sealed or expunged records of conviction or arrest as part of the hiring process.


The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. Additionally, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the Company's legal duty to furnish information.

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