Director, Investment Accounting

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week. 

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

Job Description Summary

Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you!

As a Director, you'll build and maintain product/business unit investment accounting policies, practices and standards to meet regulatory and management requirements. We'll count on you to direct recording, consolidation, arrangement, reporting and preservation of all financial data and provide investment accounting consultation, assistance and service to leaders and other internal customers.

Job Description

Key Responsibilities: 

• Directs the investment accounting, preparation, analysis and filing of financial statements, data and exhibits and other reports for internal and external sources.

• Reviews, advises, counsels and participates actively on new systems developments and other related matters to ensure accuracy of all financial data.

• Manages special projects/assignments as advised by senior management.

• Provides advise, counsel and assistance on investment accounting policies and practices.

• Responds to applicable inquiries from state insurance departments, internal and external auditors and other regulatory agencies. Provides financial information to various Nationwide offices to be used in the support of other filing, analysis and reporting requirements.

• Directs the preparation of special reports, analyses and financials as requested by management and external agencies.

• Represents officer/executive as assigned. May attend trade association meetings as company representative.

• Directs associate management, including performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement and disciplinary actions.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Investment Accounting Officer/Executive. Manages a team of 4 or more accounting professionals.

Typical Skills and Experiences:

Education: Undergraduate studies in accounting or finance. Post-graduate level studies desirable; minor or concentration in investments.

License/Certification/Designation: Progress towards CPA preferred.

Experience: Ten years of investment accounting experience in insurance or financial services industry. At least five years of management experience.

Knowledge, Abilities and Skills: GAAP accounting, tax and systems principles. Insurance investment accounting principles, practices and procedures. Insurance regulatory requirements. Management policies, practices and procedures. Advanced verbal and written communication skills for contact with all levels of associates including business unit leadership, external parties such as public accountants, state examiners, industry professionals and other clients. Ability to analyze and solve investment accounting problems, interpret financial documents and data, analyze legal requirements, examine and monitor investment accounting cycles and flows, and review general ledger entries and audit work papers and schedules. Ability to lead associates in all aspects of assigned investment accounting record maintenance, financial statement preparation, and special projects.

Other criteria, including leadership skills, competencies and experiences may take precedence. 

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal working conditions. 

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

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NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Director, Investment Accounting : $138,000.00-$243,000.00

The expected starting salary range for Director, Investment Accounting : $138,000.00 - $206,000.00