Executive Director, Investment Accounting

Executive Director, Investment Accounting Lake Forest, IL Job Details Full-time $136,933 - $204,463 a year 1 day ago Benefits Wellness program Health savings account Health insurance Dental insurance 401(k) Flexible spending account Vision insurance Life insurance Qualifications Treasury management Investment Cash flow management Business financial process improvement Financial forecasting Strategic management Internal controls Microsoft Excel Oracle CPA Treasury operations Public accounting Customer service 5 years Financial reporting Bachelor's degree in finance Bachelor of Science Regulatory compliance Bank transfers Process improvement Research Compliance management implementation Finance Bachelor's degree Task prioritization GAAP Liquidity management Managing accounting teams Organizational skills Accounting and finance experience Cash management Networking through strategic partnership building Financial regulatory compliance Accounting standards Productivity software Bachelor's degree in accounting SAP ERP Senior level Strategic partnerships Leadership Accounting Communication skills Technical Proficiency Tax experience Workday Time management Full Job Description Trustmark's mission is to improve wellbeing - for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities. About the role We are looking for an Executive Director, Investment Accounting for Trustmark. Please apply if you meet the requirements and are able to work 3 days in the office and 2 at home. Responsible for providing strategic leadership over investment accounting and cash management activities, including oversight of the outsourced investment accounting provider and accountability for STAT and GAAP investment reporting. This role has enterprise responsibility for liquidity and cash activities across the Trustmark Companies, including the allocation of excess funds for investment, authorization of fund transfers, and governance of cash management systems. Serves as a technical authority within insurance investment accounting, leading complex technical accounting research, interpretation of emerging guidance, and development of accounting positions. Actively represents the organization in industry technical meetings and forums and maintains deep expertise in insurance investment products, accounting standards, and regulatory developments. Partners closely with investment operations, tax, and financial reporting leadership to drive process enhancements, strengthen controls, accurate and timely financial reporting and analysis, and advance the enterprise strategic investment capabilities.

Key Accountabilities:

Ensure investment accounting and reporting is in compliance with current NAIC and GAAP pronouncements by staying ahead of regulatory developments, proactively interpreting and implementing changes, and regularly updating investment accounting procedures to reflect the latest standards. Review monthly, quarterly, and annual STAT and GAAP schedules, ensuring accuracy, timeliness, and completeness in all financial reports. Foster and sustain strategic partnerships with the outsourced investment accounting provider and internal stakeholders, providing technical guidance and leadership to drive continuous process improvement, strengthen internal controls, and support enterprise-wide investment objectives. Lead and direct an efficient and effective investment accounting and cash management department within the Finance Division, demonstrating strong leadership skills by setting clear goals and expectations for staff. Monitor procedural processes to assure accuracy and timely completion of deliverables, proactively identifying opportunities for process efficiencies. Actively represent Trustmark in investment industry forums and technical meetings. Drive the evaluation and adoption of new investment vehicle strategies by conducting thorough technical accounting research and ensuring appropriate implementation from initial concept through operationalization. Oversee the configuration and integration of these strategies with the outsourced investment accounting provider, ensuring strong internal controls and establishing repeatable, efficient processes to support accurate and compliant investment accounting and reporting. Prepare accurate investment surplus and cash flow spread sheets. (Actual and forecasted results.) Work with Chief Investment Officer on investment capital gain / unrealized gain forecasting. Provide investment tax forecast information. Work with others in the Company to forecast cash needs and cash results. Other duties as assigned.

Minimum Requirements:

B.S. Degree in Accounting or Finance. Strong understanding of investment accounting principles with a minimum of 10+years of investment accounting, reporting, and analysis experience on both a statutory and GAAP basis or 7-10 years of public accounting experience supporting investment accounting & reporting for insurance clients. Minimum of 5-7 years of management experience. Ability to work well with external auditors and have familiarity with audit cycle and reporting. Excellent customer service skills and the ability to interface well with clients. Excellent written and oral communication skills. Excellent analytical and problem-solving skills. Ability to review processes and be able to recommend and implement changes. Strong time management, prioritization, and organization skills. Ability to resolve issues and maintain a positive work environment with internal departments and external clients. Strong attention to detail. Proficiency in MS office required, particularly using Excel and Word.

Preferred:

CPA Previous experience managing outsourced investment accounting provider. Prior Financial / Operation systems experience (e.g. Workday, Oracle, SAP). The compensation range for this role is (based on the corporate location in Lake Forest, Illinois): $136,933 - $204,463 per year The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.

Brand:

Trustmark In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and

HSA, 401

(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview. Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business. We are an equal opportunity employer, including disability and protected veteran status.