Fund Accounting Associate Manager

$73,000 - $168,600/Yr

Accenture - Overland Park, KS

Full-time - Mid Level

Overland Park, KS

Professional, Scientific, and Technical Services

About the position

The Fund Accounting Associate Manager at Accenture is a key role within the Investment group, responsible for the accounting and reporting of the client's invested assets, which include a variety of financial instruments such as fixed maturity securities, alternative investments, and equity securities. This position involves managing the reconciliation of transactional data, ensuring compliance with GAAP and STAT accounting standards, and overseeing external reporting for investments. The role also includes leading process improvements and managing relationships with various stakeholders to ensure accurate financial reporting and compliance.

Responsibilities

• Manage the accounting processes related to the monthly and quarterly accounting close to ensure accuracy of invested assets data.
• Manage the preparation of statement of cash flows for investments.
• Manage the preparation of certain Investment disclosures for 10Q K and Financial Supplement, including all Investment, Lending, Fair Value, VIE Footnotes and Investment MD A.
• Lead in new initiatives for process improvements, in coordination with other areas of the department organization.
• Manage 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 provide guidance support that ensures the accounting results from these investments are accurately recorded in the client ledgers across multiple basis GAAP and STAT.
• Support management with ad hoc L R Separation from client requests.
• Prepare accurate net asset values (NAVs), yields, distributions, and other fund accounting outputs for subsequent review.
• Prepare, review, and analyze financial reporting, including GAAP financial statements, cash flows, budgets, REIT reporting and other project specific reporting.
• Calculate and review LP/GP investor allocations including incentive fees, management fees, waterfall calculations, and IRRs. Capital Call/Distribution management.
• Coordinate and monitor external audit process.
• Proactively identify and resolve accounting, reporting, and tax issues.
• Manage joint-venture partner relationships including review of monthly financial statements.

Requirements

• Minimum of 5 years' experience in Insurance, Financial Services, and/or Finance Accounting.
• Bachelor's degree with a major in a quantitative field (e.g., Finance, Accounting, Math, Statistics); advanced degree or CPA is a plus.
• Work experience with a Big 4 or other internationally recognized CPA firm is preferred.
• Experience in accounting and reporting for investments.
• Demonstrated experience with financial reporting, financial statement presentation, budgeting, and transaction analysis.
• Strong knowledge and experience of financial instruments, including fixed income and equity securities, loans, and alternative investments.
• Strong knowledge and experience of GAAP accounting pronouncements, US GAAP and US insurance statutory disclosure and reporting requirements for invested assets.
• Experience in controllership or financial reporting role at a public company; insurance sector experience is a plus.
• Experience developing executive level presentation materials.

Nice-to-haves

• Comfort with uncertainty and fluidity, and can work in an agile manner.
• Strong written and oral communication skills.
• Superior organizational skills and ability to multitask with a variety of systems and processes to meet competing deadlines.
• Highly motivated, attention to details, strong quantitative and analytic skills.
• Strong analytical and critical problem solving skills.
• Ability to manage a broad range of stakeholders.
• Self-starter, and a team player with ability to communicate with teams with various backgrounds.

Benefits

• Health insurance
• 401k
• Paid holidays
• Flexible scheduling
• Professional development
• Diversity programs
• Employee discount programs