Senior Manager VSA Accounting & Reporting

Empower • $105K — $149K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in relevant field or equivalent experience
  • 5+ years of experience in a similar role
  • Strong analytical skills and problem-solving abilities
  • Proficient in project management software and tools
  • Excellent communication and teamwork skills

Responsibilities

  • Lead and manage projects from initiation to completion
  • Develop project plans, timelines, and deliverables
  • Coordinate cross-functional teams to ensure project alignment
  • Monitor project progress and make adjustments as needed
  • Report project status to stakeholders regularly

Benefits

  • Medical, dental, vision and life insurance
  • 401(k) plan with generous company matching contributions
  • Tuition reimbursement up to $5,250/year
  • Generous paid time off including holidays and floating days
  • Paid volunteer time of 16 hours per year
  • Comprehensive leave of absence programs
  • Access to Business Resource Groups for inclusion and collaboration
Full Job Description
The Sr Manager VSA Accounting and Reporting is responsible for overseeing and reviewing U.S. Statutory (NAIC - National Association of Insurance Commissioners) and U.S. GAAP, regulatory, tax and/or Board accounting and financial reporting for Separate Accounts of the Insurance Company, subsidiaries and affiliates. This role requites a thorough understanding of accounting pronouncements and appropriate application to the investment portfolio.

ESSENTIAL FUNCTIONS:
  • Manage staff responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements, and VSA accounting.
  • Oversee investment presentation in the financial statements on a quarterly basis.
  • Research and propose new disclosures and modifications to reports in response to new pronouncements, guidelines and investment types.
  • Interpret new pronouncements and guidelines issued by authoritative associations in relation to U.S. Statutory, U.S. GAAP, or various regulations for accounting and reporting implications.
  • Recommend appropriate changes to accounting systems and presentation of information.
  • Oversee process improvements and system enhancements to increase overall effectiveness and efficiency to support internal and external accounting and reporting initiatives.
  • Oversee new processes and project implementation.
  • Oversee audits for Investments and explaining Company's position.
  • Manage the design and implementation of controls pertaining to accounting and financial reporting processes. Maintain an effective control environment through the mitigation and remediation of control compliance issues.


QUALIFICATIONS:
  • Bachelor's Degree in Accounting, Finance, related field, or equivalent experience.
  • 7+ years of financial reporting experience required
  • Advanced MS Office Skills (Excel, Access and PowerPoint)
  • 3-5 years of supervisory experience preferred
  • Public accounting or investment related financial reporting experience
  • Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles
  • Previous experience in investments strongly preferred
  • Strong technical and analytical skills with ability to communicate effectively, both written and verbally
  • Ability to work both independently and collaboratively in a team environment
  • Ability to utilize creativity thinking towards improvement of business processes and internal controls, and follow-thru in all stages from design into implementation
  • Attention to detail, analytical acumen and excellent organizational skills with the ability to handle and prioritize multiple and competing priorities
  • Self-driven with ability to deal with ambiguity, a willingness to learn and take on additional responsibilities
  • Proficient in MS Office, including advanced Excel skills
  • Process improvement mindset
  • Experience using Alteryx and Wings annual statement software a plus


***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.
  • Medical, dental, vision and life insurance
  • Retirement savings - 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
  • Tuition reimbursement up to $5,250/year
  • Business-casual environment that includes the option to wear jeans
  • Generous paid time off upon hire - including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
  • Paid volunteer time - 16 hours per calendar year
  • Leave of absence programs - including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
  • Business Resource Groups (BRGs) - BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.


Base Salary Range
$105,700.00 - $149,275.00

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

About Empower

Empower is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. It is the second-largest retirement plan provider in the United States.
Learn more about Empower

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