Nationwide Insurance

Consultant, Investments and Footnotes Financial Reporting Advisor

Nationwide Insurance$97K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in business administration, accounting, finance, or related fields preferred.
  • CPA or relevant industry designation (e.g., CPCU, IIA, FLMI) preferred.
  • Over 5 years of experience in public accounting, the insurance industry, or relevant fields.
  • Strong knowledge of GAAP and statutory accounting principles.
  • Proficiency in accounting software solutions such as Oracle/OACS and Hyperion Essbase.

Responsibilities

  • Lead the planning and preparation of complex financial statements and reports according to regulations.
  • Develop enhanced systems and processes for financial reporting.
  • Manage quarterly financial results evaluations and trend analysis for accurate reporting.
  • Research and analyze impacts of new legislation on GAAP and statutory policies.
  • Supervise close discussions and manage task tracking for reporting deadlines.
  • Provide audit support to external auditors and regulatory agencies.
  • Optimize financial reporting processes for quality and efficiency.

Benefits

  • Medical, dental, and vision insurance options.
  • Life insurance and short/long-term disability coverage.
  • Minimum of 18 days paid time off each year, pro-rated based on hire date.
  • 401(k) plan with company match and company-paid pension plan.
  • Business casual work environment and various paid time off initiatives.
Full Job Description
This role is responsible for supporting the financial statement preparation and management of internal business partner relationships, including (but not limited to) the following: GAAP Investment/Derivative Disclosures and Policies, Statutory disclosures for both P&C and NF entities, General, Supplemental and Separate Account Interrogatories for Statutory Reporting, Support Investment Controllership and other areas requiring disclosure assistance. Additionally, this role will assist in implementing continuous improvement project opportunities within reporting and providing ongoing ad-hoc support for leadership and business partner requests. I am looking for a strong self-starter with a high degree of project management and organization skills, engaged in continuous improvement with a focus on new technology capabilities, problem solving skills, an analytic mindset and the ability to quickly adapt. An understanding of technical accounting principles, familiarity with GAAP/Statutory reporting requirements and process, and the ability to comfortably utilize multiple software solutions (Oracle/OACS, Hyperion Essbase, Workiva) are preferred. This is a hybrid role based in Columbus, Ohio, requiring on0site presence at least two days per week. #LI-CA1 #nationwidefinance #accounting #financialreporting Job Description Summary Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If youre prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you! As a Consultant, youll plan, coordinate and performs the most complex functions associated with GAAP and statutory financial reporting, premium taxes, payroll taxes, and/or statistical and supplemental statutory reporting requirements, including researching and drafting new disclosures or reports. Well count on you to help supervise staff and work closely with leaders within and across the department and other key executives throughout the organization. Job Description Key Responsibilities: Leads the planning, preparation and review of complex federal, state and local statutory financial statements and reports, supplemental and statistical forms and data calls, and/or employment, premium, sales/use and personal property tax returns as well as related journal entries in accordance with state and federal laws, regulations and/or instructions. These reports, forms, returns, and data calls are provided to various state and federal regulatory bodies, Fortune Magazine, various ratings agencies (S&P, Moodys, AM Best, etc.), debt-holders, the Nationwide Audit Committee, various state agencies and/or others. Coordinates and actively participates in the development and design of new and enhanced systems and processes within the assigned area(s). Manages and/or reviews and evaluates quarterly financial results and analyzes trends to ensure accurate reporting, integrity of data and to avoid fines and penalties. Stays informed and analyzes the potential impact of pending legislation and proposed new or revised GAAP and statutory accounting policies, including the evaluation of the cost to the enterprise. Coordinates the research, analysis and implementation of new and/or revised accounting policies, procedures and disclosures with Accounting policy. Leads financial pre-close and close discussions. Responsible for maintaining close task management and tracking through workflow tool to help achieve close and reporting deadlines. Ensures timely initiation of high dollar amounts of related tax and fee payments as required by the state and federal laws, regulations and instructions. Provides audit evidence and support to external audit firms and state departments of insurance. Also, responds to requests and inquiries from external auditors, IRS, state departments and examiners, statistical bureaus, and/or other regulatory agencies on analytical inquiries, compliance and/or data quality/integrity matters. Prepares and/or reviews information to be used in the administration and settlement of federal, state and local financial and tax audits. Supervises the optimization of financial and regulatory reporting processes to produce high-quality results in an efficient and effective manner, while meeting all established timelines. Responsible for finding opportunities across the organization to streamline reporting processes. Coordinates and reviews work performed by less experienced staff and offshore contractors. Researches and counsels senior management on key competitor and industry financial reporting practices. Prepares, reviews and maintains documentation and testing of controls over financial reporting. Assists in design, implementation and operation of internal controls over financial and regulatory reporting processes. Leads initiatives to strengthen Controllerships analytic competencies. Coordinates and leads multi-team efforts on selected projects. Serves as a resource manager to support high-demand timeframes on the reporting and reconciliation teams. May perform other responsibilities as assigned. Reporting Relationships: Reports to Manager, Director or Associate Vice President. May serve as a lead to less experienced associates or, in special circumstances, lead up to two associates. Typical Skills and Experiences: Education: Undergraduate degree in business administration, accounting, finance, insurance or other relevant academic subject areas preferred. License/Certification/Designation: CPA or relevant industry designation (e.g., CPCU, IIA, FLMI) preferred. Experience: More than five years in public accounting, equivalent industry experience or relevant insurance experience. Knowledge, Abilities and Skills: GAAP and/or Statutory accounting bases. Insurance regulatory requirements. Complex financial statement preparation including consolidation of companies/subsidiaries. Financial/statistical analysis. Principles of taxation and the related impact on financial statement preparation. Accounting and/or business operating systems. Project management concepts and techniques. Must have the ability to analyze financial or statistical results and trends and interpret complex financial reporting requirements. Must have verbal and written communication skills, with an ability to communicate professionally with regulators and business partners. Ability to interpret changes in financial or statistical reporting and legal/regulatory requirements relative to the impact on financial statement preparation, premium and payroll taxes, and supplemental or statistical filings and to the formulation of company or business area policies and procedures. Must possess decision-making skills for problem identification and appropriate solution recommendation. Must have the ability to operate and maintain efficient financial information networks, systems and software. Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring managers leader and Human Resources Business Partner. Values: Regularly and consistently demonstrates Nationwide Values. Job Conditions: Overtime Eligibility: Exempt (Not eligible) Working Conditions: Normal office environment; extended and/or non-standard work hours as needed. Benefits We have an array of benefits to fit your needs, including: medical/dental/vision,life insurance, short and long term disability coverage,paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer,click here. Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule. The national salary range for Consultant, Financial Reporting Advisor : $97,000.00-$180,000.00 The expected starting salary range for Consultant, Financial Reporting Advisor : $97,000.00 - $145,000.00

About Nationwide Insurance

Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $158 billion in statutory assets.

Nationwide Insurance Careers

Join the Nationwide Insurance team today and be part of a company that values innovation, leadership, and diversity. As one of the leading insurance and financial services providers, Nationwide offers unparalleled job opportunities that foster professional growth and development. Work You’ll Do At Nationwide Insurance, you’ll contribute to projects that impact lives and help communities thrive. You’ll work alongside a team of experts dedicated to upholding the highest standards in insurance and financial services. Our culture is built on a foundation of respect and integrity, driving us to achieve excellence in everything we do. Nationwide Insurance is not just about insurance; it’s about fostering an environment of continuous growth and innovation. With a variety of career paths available, from customer service to claims management, each position offers the chance to make a significant impact. Join Our Market-Leading Team Nationwide Insurance is home to some of the most dedicated professionals in the industry. Our team benefits from leadership that is committed to personal and professional development, ensuring that every employee has the opportunity for career advancement and skill enhancement. Innovate with Us Embrace the opportunity to work on groundbreaking projects that set industry standards. Nationwide’s commitment to innovation means constantly seeking out new ways to improve our services and processes, benefiting both our customers and our team members. Internship and Employment Opportunities Start your career with Nationwide Insurance through our internship programs or dive straight into a fulfilling career with vast employment opportunities. We are looking for passionate, curious, and driven individuals ready to make a difference in the insurance industry. Diversity and Inclusion At Nationwide, diversity and inclusion are more than just words—they are principles guiding how we build our teams, cultivate leaders, and create a company that’s the right fit for every person inside of it. We offer diversity training and resources that promote an inclusive workplace. Benefits and Culture Nationwide Insurance is committed to supporting our team members’ well-being both inside and outside of work. Our benefits package includes comprehensive health care, retirement plans, and generous paid time off. More than just benefits, our company culture encourages networking, mentorship, and community involvement. Career Development Invest in your future with Nationwide Insurance’s career development programs. From resume and interview workshops to advanced leadership training, we provide the tools to help you succeed and advance within the company. Stay Connected Join Our Team Explore the various positions available at Nationwide Insurance that match your skills and interests. We are continuously hiring and looking for new talent to join our professional network. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work at Nationwide Insurance. Job Alert Emails Customize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Nationwide Insurance. Join Nationwide Insurance today and be part of a team that is dedicated to making a difference in the lives of our customers and communities.
Learn more about Nationwide Insurance
Size
28,000 employees
Industry
Founded
1925

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