Analyst, Investment Accounting Operations 1

Date: Apr 24, 2019

Location: Fort Wayne, IN, US

Company: Lincoln Financial

Relocation assistance is not available for this opportunity.

Level: P3

Requisition #58603

About The Company

Led by over 10,000 employees  – including you –  Lincoln Financial Group provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses.

The Role

 

The Senior Investment Accountant  will provide timely and accurate investment data and Investment accounting for the General Account Invested Assets on a Statutory, GAAP, Management, and Tax basis. Responsible for performing investment research, analysis and proper accounting treatment of Lincoln Financial Group’s (LFG) investment positions to support strategic investment operations and initiatives.

 

Responsibilities

 

Investment Accounting

·        Provide proper investment accounting treatment of General Account Invested Assets under applicable Statutory, GAAP, Management and Tax basis

·        Support an effective Investment Accounting function for his/her assigned area(s) of responsibility by identifying risks

·        Research technical investment accounting issues

·        Advise management on the identified risks and financial implications

·        Provide timely and accurate trade research, confirmation and settlement of fixed income and derivative instruments across a   multi asset manager platform for General Account Investment Operations

·        Responsible for the proper setup, maintenance, pricing and accounting of invested assets in accordance with Statutory, GAAP and TAX reporting requirements to support accurate financial reporting

·        Resolve discrepancies and take actions on matters and inquires on General Account Invested Assets from portfolio management and multiple asset managers

 

Communications

·        Prepare and communicate concise and focused technical financial documents, presentations, and communications

·        Support the preparation of industry and governmental surveys for area(s) of responsibility (memos, fact sheets, collateral materials) which direct the reader to salient points for a wide range of technical and nontechnical audiences

·        Review technical work and communications of junior team members

 

Collaboration

·        Collaborate effectively with applicable key stakeholders across the enterprise to facilitate the accurate and timely completion of the tax process for assigned area(s) of responsibility

·        Maintain current and emerging accounting/financial reporting regulatory rules and requirements, assess the impact, and collaborate with management to incorporate new trends and developments in current and future strategies

 

Mentoring

  • Provide education on fixed income and derivative investments for existing and developing investment strategies for compliance with accounting/reporting regulations to appropriate key stakeholders and investment accounting team members ensuring completion of responsibilities in an accurate and timely manner
  • Provide education on existing and developing investment accounting/reporting regulations to appropriate key stakeholders and investment accounting team members

 

Internal Controls and Requirements

·        Maintain investment accounting’s internal control system to ensure SOX compliance

·        Identifies and recommends process improvement and procedural or accounting changes to enhance departmental effectiveness

·        Maintain current and emerging accounting/financial reporting regulatory rules and requirements, assess the impact, and collaborate with management to incorporate new trends and developments in current and future strategies, minimal travel, no relocation, can work with unique assett classes of investments.

 

Education

·        Undergraduate Degree or 4+ years of comparable work experience; educational concentration in Accounting, Finance, or business is preferred

 

Experience

·        3-5+ yrs. of experience in Investment Accounting, Finance, or related experience that directly aligns with the specific responsibilities for this position

·        Educational experience and/or proficiency in:

o    GAAP, SOX 404, and Compliance Requirements

o    Financial Services or Insurance Investment Accounting experience is preferred #LI-AY1

o    Microsoft Office Suite (Word, Excel, PowerPoint) with advanced ability to use Microsoft excel including use of Industry Tools (Bloomberg, PAM for Investments, Axiom, PeopleSoft     

This position may be subject to Lincoln’s Political Contribution Policy.  An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

Lincoln Financial Group (“LFG”) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information.  Applicants are evaluated on the basis of job qualifications.  If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.

 


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