Randstad Senior Consultant, Investment Accounting in Naperville, Illinois

Senior Consultant, Investment Accounting

job details:

  • location:Naperville, IL

  • salary:$75,000 - $95,000 per year

  • date posted:Monday, January 7, 2019

  • experience:3 Years

  • job type:Permanent

  • industry:Finance and Insurance

  • reference:449088

  • questions:312-917-1515.

job description

Senior Consultant, Investment Accounting

job summary:

Senior Consultant, Investment Accounting

  • Must have a sound understanding of accounting and financial principals relating to investment and regulatory reporting on a Statutory and GAAP basis

  • Must have working knowledge of fixed income and equity securities and understand activity related to accruals, income payments, and other maintenance transactions

  • Must have experience working with the Annual and Quarterly NAIC Statutory Investment Schedules including Schedule D Part 1-5, DA Part 1 and 2, Schedule D/DA VBY, Schedule D 1B, Summary By Country and the various footnote and interrogatories

  • General understanding of derivatives and exposure to Statutory Schedule DB all parts and sections

Major Duties

  • Ensure appropriate books and records are maintained for all client investment portfolios by applying the proper STAT and GAAP prescribed guidance

  • Maintain accurate GAAP and STAT records for investment activity including fixed income, equity and a variety of other types of securities

  • Interact and management day-to-day Client inquiries and questions

  • Review and analyze investment activity for client portfolios and perform cash and holdings reconciliations

  • Complete month end closing processes and activities on a timely basis

  • Monitor interfaces between custody systems and accounting system to ensure that transaction data is captured as accurate and efficiently as possible

  • Maintain client books and records including production of P&L, Trial Balances and other client related reporting requests

  • Work closely with various Operational and Client Servicing group

  • Maintain documentation for appropriate policies and procedures

Qualifications:

Knowledge / Skills

  • Must have a sound understanding of accounting and financial principals relating to investment and regulatory reporting on a Statutory and GAAP basis

  • Direct experience in the preparation and review of the required Annual and Quarterly Statement Investment Schedules or General Account Annual Statement Reporting experience

  • General understanding of accounting and financial principals relating to investment and regulatory reporting either through GAAP Audited Statement preparation or Statutory Reporting exposure

  • Must have working knowledge of fixed income and equity securities' processing on an investment accounting system like PAM, CAMRA, or FAM as it relates to booking activity for accruals, income payments, corporate actions, and other maintenance transactions

  • General understanding of derivatives and other special asset classes

  • Microsoft Office, with advanced knowledge in Excel, pivot tables, and general database skills with Access or Excel

Experience

  • Degree in finance or accounting preferred

  • Minimum of 3 years of insurance investment accounting operations experience working for a financial services company or service organization

location: Naperville, Illinois

job type: Permanent

salary: $75,000 - 95,000 per year

work hours: 9 to 5

education: Bachelor's degree

experience: 3 Years

responsibilities:

  • Must have a sound understanding of accounting and financial principals relating to investment and regulatory reporting on a Statutory and GAAP basis

  • Must have working knowledge of fixed income and equity securities and understand activity related to accruals, income payments, and other maintenance transactions

  • Must have experience working with the Annual and Quarterly NAIC Statutory Investment Schedules including Schedule D Part 1-5, DA Part 1 and 2, Schedule D/DA VBY, Schedule D 1B, Summary By Country and the various footnote and interrogatories

  • General understanding of derivatives and exposure to Statutory Schedule DB all parts and sections

Major Duties

  • Ensure appropriate books and records are maintained for all client investment portfolios by applying the proper STAT and GAAP prescribed guidance

  • Maintain accurate GAAP and STAT records for investment activity including fixed income, equity and a variety of other types of securities

  • Interact and management day-to-day Client inquiries and questions

  • Review and analyze investment activity for client portfolios and perform cash and holdings reconciliations

  • Complete month end closing processes and activities on a timely basis

  • Monitor interfaces between custody systems and accounting system to ensure that transaction data is captured as accurate and efficiently as possible

  • Maintain client books and records including production of P&L, Trial Balances and other client related reporting requests

  • Work closely with various Operational and Client Servicing group

  • Maintain documentation for appropriate policies and procedures

Qualifications:

Knowledge / Skills

  • Must have a sound understanding of accounting and financial principals relating to investment and regulatory reporting on a Statutory and GAAP basis

  • Direct experience in the preparation and review of the required Annual and Quarterly Statement Investment Schedules or General Account Annual Statement Reporting experience

  • General understanding of accounting and financial principals relating to investment and regulatory reporting either through GAAP Audited Statement preparation or Statutory Reporting exposure

  • Must have working knowledge of fixed income and equity securities' processing on an investment accounting system like PAM, CAMRA, or FAM as it relates to booking activity for accruals, income payments, corporate actions, and other maintenance transactions

  • General understanding of derivatives and other special asset classes

  • Microsoft Office, with advanced knowledge in Excel, pivot tables, and general database skills with Access or Excel

Experience

  • Degree in finance or accounting preferred

  • Minimum of 3 years of insurance investment accounting operations experience working for a financial services company or service organization

qualifications:

  • Must have a sound understanding of accounting and financial principals relating to investment and regulatory reporting on a Statutory and GAAP basis

  • Must have working knowledge of fixed income and equity securities and understand activity related to accruals, income payments, and other maintenance transactions

  • Must have experience working with the Annual and Quarterly NAIC Statutory Investment Schedules including Schedule D Part 1-5, DA Part 1 and 2, Schedule D/DA VBY, Schedule D 1B, Summary By Country and the various footnote and interrogatories

  • General understanding of derivatives and exposure to Statutory Schedule DB all parts and sections

Major Duties

  • Ensure appropriate books and records are maintained for all client investment portfolios by applying the proper STAT and GAAP prescribed guidance

  • Maintain accurate GAAP and STAT records for investment activity including fixed income, equity and a variety of other types of securities

  • Interact and management day-to-day Client inquiries and questions

  • Review and analyze investment activity for client portfolios and perform cash and holdings reconciliations

  • Complete month end closing processes and activities on a timely basis

  • Monitor interfaces between custody systems and accounting system to ensure that transaction data is captured as accurate and efficiently as possible

  • Maintain client books and records including production of P&L, Trial Balances and other client related reporting requests

  • Work closely with various Operational and Client Servicing group

  • Maintain documentation for appropriate policies and procedures

Qualifications:

Knowledge / Skills

  • Must have a sound understanding of accounting and financial principals relating to investment and regulatory reporting on a Statutory and GAAP basis

  • Direct experience in the preparation and review of the required Annual and Quarterly Statement Investment Schedules or General Account Annual Statement Reporting experience

  • General understanding of accounting and financial principals relating to investment and regulatory reporting either through GAAP Audited Statement preparation or Statutory Reporting exposure

  • Must have working knowledge of fixed income and equity securities' processing on an investment accounting system like PAM, CAMRA, or FAM as it relates to booking activity for accruals, income payments, corporate actions, and other maintenance transactions

  • General understanding of derivatives and other special asset classes

  • Microsoft Office, with advanced knowledge in Excel, pivot tables, and general database skills with Access or Excel

Experience

  • Degree in finance or accounting preferred

  • Minimum of 3 years of insurance investment accounting operations experience working for a financial services company or service organization

skills: 10-key

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.