Investment Accounting Manager

Investment Accounting Manager

Position Description

This position will manage the delivery of monthly investment accounting, book close, account reconciliation and analysis, and accurate and timely financial reporting for assigned investment accounting clients.

The Investment Accounting Manager will provide day-to-day leadership to investment accounting staff, maintain strong internal controls, and ensure deadlines are met across a broad range of investment accounting activities, including transaction processing, cash reconciliation, regulatory reporting and client deliverables.

The position will have regular contact with clients, NEAM’s portfolio managers, auditors, custodians and senior leadership, requiring strong leadership, technical accounting, interpersonal communication and customer service skills.

Primary responsibilities include:

Manages the timely preparation and review of monthly investment reporting packages for STAT, GAAP, IFRS and other reporting bases

Oversees the preparation and review of statutory quarterly and annual Schedule D regulatory reports and GAAP financial statement and footnote packages for investment accounting clients

Ensures daily account reconciliations to custodial and/or external manager records are completed accurately, including cash, trades, income, dividends and special deposits; escalates and resolves discrepancies with clients and custodians

Develops and maintains a thorough understanding of each client’s general ledger structure, reporting requirements, accounting policies and service expectations

Leads, coaches and develops investment accounting staff; assigns work, reviews deliverables, provides technical guidance and supports performance and career development

Serves as a primary point of contact for clients, auditors and NEAM portfolio managers regarding financial results, accounting matters and special reporting requests

Leads the development and implementation of procedures, controls and workflow improvements that enhance accuracy, efficiency, scalability and client service

Oversees the maintenance and review of monthly performance results for clients’ portfolios

Reviews PIK schedules, anticipates activity and ensures transactions are recorded completely and accurately

Collaborates with Investment Accounting leadership and cross-functional partners to support department goals, resource planning, new client onboarding and issue resolution

Demonstrates intellectual curiosity and promotes the responsible use of AI-enabled tools to enhance operational efficiency, analysis and service delivery.

Qualifications

BA/BS in Business with an emphasis in accounting required. CPA or other relevant professional designation desired but not required.

Candidate must have:
5+ years of progressive accounting experience in insurance, investment management or financial services, including experience reviewing the work of others or leading projects

Strong knowledge of investment accounting and financial reporting; experience with STAT, GAAP and/or IFRS reporting preferred

Demonstrated leadership, coaching, delegation and problem-solving skills in a deadline-driven environment

Advanced proficiency with Microsoft Excel, including VLOOKUP/XLOOKUP, pivot tables and macros; ability to learn and use investment accounting and reporting systems

Solid verbal and written communication skills, including the ability to explain technical matters clearly to clients and internal stakeholders

Ability to manage multiple priorities, organize team workflows and consistently meet required deadlines

Strong interpersonal, client service and relationship-management skills

SQL report-writing experience desired

CAMRA experience is highly desisired

Salary Range
150,000.00 - 200,000.00 USD

Base pay is one component of our total compensation package. In addition to base salary, employees may be eligible for benefits including medical, dental, and vision coverage, a retirement plan, paid time off, sick leave, holidays, and bonus or incentive compensation, where applicable. The actual rate of pay offered will depend on a variety of factors, including, but not limited to, skills, experience, education, certifications, geographic location, and business needs. The compensation range listed reflects the range the Company reasonably expects to pay for this position at the time of posting.

About US

For more information about NEAM please visit our website at www.neamgroup.com.

NEAM is a wholly owned subsidiary of General Re Corporation, which is a subsidiary of Berkshire Hathaway Inc. NEAM has developed proprietary decision-making tools and specialized services enabling the delivery of asset and capital management solutions to clients within the context of evolving regulatory, accounting and tax issues faced by insurance companies today.**

The firm’s culture is team oriented, collaborative, transparent, and intellectually curious.

We currently offer a hybrid schedule with M/F remote and T/W/TR in the office in Farmington, CT.

**NEAM does not offer tax/legal advice.

It is the continuing policy of New England Asset Management to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veteran status, citizenship, sexual orientation, gender identity, or any other characteristic protected by the applicable law. In addition, New England Asset Management provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.