Director, Derivatives Accounting

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Date: Feb 19, 2026

Primary Location: Radnor, PA, US

Company: Lincoln Financial

Alternate Locations: Work from Home

Work Arrangement:

Remote : Work at home employee residing outside of a commutable distance to an office location.

Relocation assistance: is not available for this opportunity.

Requisition #: 75800

The Role at a Glance

We are seeking a Director of Derivatives Accounting, focusing on leading the derivatives accounting and financial reporting function for a large book of derivative positions spanning futures, rate, FX, equity, credit and TRS derivatives. This role focuses on US GAAP and statutory accounting, hedge accounting under ASC 815 (cash flow and fair value hedges for interest rate and foreign exchange risk), fair value measurement, and the end-to-end monthly close, disclosures, and audit interface. The Director will design and operate a robust control environment (SOX), own the documentation and testing for hedge relationships, deliver timely, accurate general ledger and financial statement reporting, including NAIC SSAP No. 86 and Schedule DB.

What you'll be doing

Ensure proper accounting for high-volume products both in and outside of hedge accounting under both US GAAP and SAP
Manage life cycle events and reinsurance impacts related to derivatives
Manage the hedge accounting program under ASC 815 for cash flow and fair value hedges
Establish at-inception documentation, leveraging technology for STP
Build and maintain quantitative testing, including construction of hypothetical derivatives to measure the hedged risk, regression testing, and other analysis to support hedge accounting
Oversee the design and execution of control environment, maintaining complete audit trails
Laison with multiple stakeholders across the organization from Treasury/Front Office, Middle Office, Legal, Reinsurance, Accounting Policy, various lines of business accounting, and Controller/Corporate Accounting
Prepare US GAAP footnotes and MD&A inputs for derivatives and hedging
Coordinate statutory reporting for derivatives and Schedule DB; ensure alignment of GAAP/STAT and clear reconciliations
Support external audit and internal audit requests, providing technical memos, control narratives, and evidence, and managing any remediation plans and status tracking
Own accounting rules and configuration in derivatives systems and help drive implementation of new derivative accounting platform
Partner with Treasury on hedge objectives, designation timing, and documentation
Work with Controllers/Financial Reporting on policy alignment, disclosures, and close cadence
Coordinate with Risk/Valuation for model inputs and market events impacting measurement and effectiveness
Lead, coach, and develop managers/analysts focused on derivatives accounting and reporting, setting clear responsibilities and growth plans
Foster a culture of technical rigor, ownership, and continuous improvement

What we’re looking for

Must-Haves

5 - 7+ Years experience public accounting, internal audit, control, risk or other activities with the specific responsibilities for this position
3+ years of managerial, supervisory, and/or demonstrated leadership experience
Bachelor's degree or equivalent work experience
Demonstrated SOX 404 control design/operation in accounting and reporting processes
Proficiency converting complex derivative topics into clear accounting entries, disclosures, and controls
Ability to be innovative and an aptitude to drive and accept change
Effective verbal and written communication skills
Analytical skills and close attention to detail is necessary
Ability to adapt quickly in a changing work environment

Application Deadline

Applications for this position will be accepted through May 31, 2026, subject to earlier closure due to applicant volume.

What’s it like to work here?

At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.

What’s in it for you:

Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
Leadership development and virtual training opportunities
PTO/parental leave
Competitive 401K and employee benefits
Free financial counseling, health coaching and employee assistance program
Tuition assistance program
Work arrangements that work for you
Effective productivity/technology tools and training

The pay range for this position is $96,900 - $176,200 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.

About The Company

Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.

With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.

Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.

Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Be Aware of Fraudulent Recruiting Activities

If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.

Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview. Please contact Lincoln's fraud team at fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.

Additional Information

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

Lincoln Financial ("Lincoln" or "the Company") 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, age, national origin or disability. Opportunities throughout Lincoln are available to employees and 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.

This Employer Participates in E-Verify. See the E-Verify notices.

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