Senior Accountant - Investments | Hybrid

Job description

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

 

What you do:

As a Sr. Accountant you will focus on investment accounting and will account for all transactions related to invested assets, including bonds, structured assets, loans, short-term and derivatives for Allianz Life and related companies.  Working closely with the investment operations and financial reporting areas, you will report monthly and quarterly investment information to management and prepare external reporting to include quarterly and year-end Statutory and IFRS investment reports, while facilitating a strong internal control environment.  A portion of your time will be spent focusing on researching and implementing new investment transactions in collaboration with other areas including accounting policy and transaction compliance, investment operations, asset managers, financial planning and analysis and financial reporting.  Additional focus will be on automating manual processes to be more efficient using SQL and Excel based tools and generative AI.  You will report to the Investment Accounting Manager.

 

Key Responsibilities:

·  Reconcile complex journal entries between the investment accounting system (PAM) and general ledger (SAP) for a variety of instruments across multiple investment portfolios.
·  Prepare and distribute ad hoc and recurring management reporting and analysis tailored to support the needs of financial planning and reporting areas, investment managers, and non-financial users.
·  Research complex investment transactions and related accounting issues and ensure technical compliance with multiple-basis accounting guidance and other applicable regulations.
·  Act as the lead or have a significant role on a variety of key projects while balancing competing priorities.
·  Design repeatable, controlled, and efficient processes used in implementing new investment transactions and reporting requirements, with a focus on automating process wherever possible.
·  Prepare manual journal entries, account reconciliations, financial reporting and financial analysis.

 

What you bring:

·  Bachelor's degree in Accounting or related field.
·  2+ years of experience required
·  Intermediate to advanced Microsoft Excel proficiency working with large volumes of data (creating and using pivots, filters, sort, if, sum, vlookups, sumproduct, Power Query and Power BI)
·  Intermediate to advanced SQL coding skills
·  Familiarity or some experience with any of the following preferred:  PAM for Securities, PAM for Mortgages, SAP, Essbase
·  Solid understanding of Statutory and IFRS accounting principles as well as internal controls
·  Excellent organizational, decision-making, problem-solving, communication, interpersonal and technical skills
·  Proven ability to work independently under minimal supervision
·  You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship. 

 

Base Salary Range $66,000-132,000

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program.

 

What we offer:  

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. 

 
72363 | Finance & Accounting | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams, and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other characteristics protected under applicable laws and regulations. 

Join us. Let's care for tomorrow.

Nearest Major Market: Minneapolis