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Selby Jennings

Director, Investment Accounting | North Platte, NE, USA | Hybrid

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What they do

A Director of Accounting oversees all financial operations of a company or organization. They manage accounting staff, oversee financial reporting, and develop and implement accounting policies and ensure compliance with tax and accounting regulations.

$134,959 / year median in Nebraska

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Job Description

About the Opportunity A well-established insurance organization is seeking a Director of Investment Accounting to lead its investment accounting function. This role will oversee a team responsible for the accounting and reporting of a large, complex investment portfolio while partnering closely with Investments, Finance, and Executive Leadership. This is not a general investment accounting position. Candidates must have direct investment accounting experience within the insurance industry and prior people management experience. Responsibilities
  • Lead the investment accounting team and oversee day-to-day operations
  • Manage the accounting and reporting for a diverse investment portfolio, including fixed income securities, equities, alternatives, and other invested assets
  • Review and approve monthly, quarterly, and annual investment accounting activities
  • Ensure compliance with GAAP and Statutory accounting requirements related to invested assets
  • Oversee investment-related journal entries, reconciliations, and financial reporting disclosures
  • Partner with Investment, Treasury, FP&A, and Executive Leadership teams on investment-related initiatives
  • Support external audits, regulatory examinations, and internal controls processes
  • Monitor new accounting guidance and assess the impact on investment reporting
  • Drive process improvements, automation initiatives, and operational efficiencies
  • Develop, mentor, and manage a team of accounting professionals Required Qualifications
  • Bachelor's degree in Accounting or Finance
  • CPA strongly preferred
  • 7+ years of direct investment accounting experience within an insurance company
  • Prior people management experience leading and developing accounting teams
  • Strong understanding of investment accounting, including fixed income securities, equities, and alternative investments
  • Experience with both Statutory and GAAP reporting requirements
  • Knowledge of insurance company investment structures and reporting processes
  • Advanced Excel skills and experience working with accounting and investment systems
  • Strong leadership, communication, and stakeholder management abilities