Financial Services/Banking/Insurance

Manager of Investment Accounting

Full-time

Professional Project Partners

Manager of Investment Accounting West Des Moines IA

P3+Uplift is searching for a Manager of Investment Accounting for an Iowa based Insurance client! 

Position Summary: The Investment Accounting Manager for Mortgage Loans is responsible for managing the accounting functions related to investments in Commercial, Agricultural, and Residential mortgage loans, as well as Real Estate. The manager is pivotal in leading the investment accounting close process, delivering precise and timely financial and management reports based on statutory and U.S. GAAP standards, and managing related projects for the company’s investments.

Key Responsibilities:

  • Serve as a subject matter expert in the accounting and reporting of Commercial, Agricultural, and Residential mortgage loans, and Real Estate investments, supporting both the Investments and Accounting departments and senior management.
  • Lead a diverse team, handling all aspects of the employee life cycle, including talent selection and retention, continuous feedback, performance management, rewards, recognition, corrective actions, and employee development. Ensure team members are cross-trained and service levels are established where needed.
  • Review investment disclosures and schedules in quarterly and annual U.S. GAAP- and statutory-basis statements.
  • Develop and implement continuous process improvement strategies, including the automation of technologies, processes, and reporting related to Mortgage Loans and Real Estate.
  • Build and maintain relationships with external auditors, vendors, and business partners.
  • Oversee or engage in various projects and ad hoc reporting requests for strategic initiatives.
  • Review and approve monthly and quarterly investment reconciliations and work papers.
  • Design, execute, and document SOX and other management controls related to Mortgage Loans and Real Estate.
  • Contribute to the execution of the investment accounting strategy, key performance indicators (OKRs), and business initiatives, driving performance against departmental goals.

Supervisory Responsibilities: Manage a small team of investment accounting professionals.

Qualifications:

  • Bachelor’s degree in finance, business, or a related field.
  • 5+ years of investment accounting experience, with prior supervisory experience.
  • CPA or MBA preferred.
  • Proficiency in Microsoft Tools, expertise in Excel
  • Loan Management System expertise
  • Experience with Portfolio Management Software¬†
  • Strong knowledge of the investment industry, financial data management, and reporting, including STAT and U.S. GAAP standards.
  • Expertise in financial statements, reports, and reconciliations.
  • Excellent ability to format and present detailed information to top management, public groups, and boards of directors.
  • Strong relationship-building skills with internal and external stakeholders.
  • Effective training and supervisory skills.
  • Proficiency in reading, analyzing, and interpreting technical journals, financial reports, and legal documents.
  • Strong problem-solving skills with the ability to handle multiple abstract and concrete variables.
  • Ability to multi-task and meet tight quarter-end deadlines, ensuring all tasks are completed promptly.

Annual Compensation Range: $145,000 – $155,000 + bonus
Full Medical, Dental, Vision, 401K + Match
Hybrid Work Schedule
Career advancement opportunities

Tagged as: Manager of Investment Accounting