Manager, Accounting Advisory-Investments

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as the Manager, Accounting Advisory – Investments and ensure compliance with GAAP and Statutory reporting. Provide accounting advice for various asset classes in F&G’s investment portfolio, participating in cross-functional teams and influencing investment structuring. You will be responsible for the accounting of new investments and act as a key contact for accounting inquiries. This role reports to the Director, Accounting Advisory – Investments and involves collaboration with multiple business partners. The position requires a Bachelor’s degree in accounting, 7+ years of experience, and a CPA is highly preferred. F&G offers a flexible work environment with in-office, hybrid, and remote work arrangements.

Requirements

• Bachelor’s degree in accounting required
• 7+ years of work experience
• Strong analytical, organizational, and communication skills
• Ability to work independently and manage multiple assignments
• Ability to research accounting issues, write professional and quality accounting policies and position papers and communicate conclusions effectively in both oral and written means to management
• Ability to exercise judgment, present alternatives, and make recommendations
• Ability to communicate and build relationships with business partners
• Ability to remain flexible and work in a fast-paced environment
• Ability to work under short timelines and manage multiple tasks
• Regular and punctual attendance
• Some travel required (less than 10%)

Responsibilities

• Participate on cross-functional teams involved in: Evaluating new bespoke investments presented by asset managers by ensuring awareness and understanding of the financial reporting outcomes generated
• Assessing financial report implications of organizational initiatives with investment-related impacts (e.g.consolidation, asset transfers, new derivatives and hedging programs, capital financing)
• Evaluate, document, and provide education where necessary on appropriate GAAP and Statutory accounting and financial reporting requirements for new investments acquired, new investment-related strategic initiatives, and the existing investment portfolio
• Monitor GAAP and Statutory accounting guidance updates to assess applicability to the Company
• Disseminate the impact of new accounting guidance throughout the organization and work cross-functionally to ensure the Company is appropriately aware of the impacts of all relevant accounting literature
• Support the creation and maintenance of the Company’s accounting policies
• Execution of assigned controls on a quarterly basis, including those related to accounting for new investments and consolidation
• Perform other functions, duties and projects, as assigned

Preferred Qualifications

• CPA highly preferred
• Recent Sarbanes-Oxley experience preferred
• Experience researching accounting guidance or previous accounting policy experience
• Extensive knowledge for insurance company investment accounting topics strongly preferred (e.g., fixed income investments, equity investments, derivatives, hedging, asset transfers, IMR/AVR, affiliated accounting models)
• Big 4 experience in the insurance audit practice or an accounting advisory role that focuses on accounting for investments is a plus

Benefits

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements