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Genworth
Senior Manager, Alternative Asset Accounting and Reporting
Private salary
Richmond, Virginia, United States of America
In office
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Description
At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day.
We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.
Our four values guide our strategy, our decisions, and our interactions:
Make it human. We care about the people that make up our customers, colleagues, and communities.
Make it about others. We do what’s best for our customers and collaborate to drive progress.
Make it happen. We work with intention toward a common purpose and forge ways forward together.
Make it better.We create fulfilling purpose-driven careers by learning from the world and each other.
POSITION TITLE
Senior Manager, Alternative Asset Accounting and Reporting
POSITION LOCATION
Richmond, VA
YOUR ROLE
As an Investments team member, you’ll play a key role in the innovative investment strategies that enable our company and our financial products to serve our customers and their families when they need us most – now and in the future.
Investment Accounting is a shared service organization that prepares all US GAAP and U.S. Statutory accounting and reporting for Genworth’s investment portfolio. We partner with the Finance Teams across all product lines as well as participate in assisting in the development and execution of Investment strategies.
You will be responsible for the oversight and management of GAAP and Statutory accounting and reporting, supporting large scale projects, developing and maintaining robust internal controls framework, and act as a key point of contact and strategic business partner to the Investments Front Office.
What you will be doing
Responsible for ensuring timely and accurate investments performance reporting, SEC reporting and Statutory reporting for Commercial Real Estate Loans, Limited Partnerships, and Middle Market Loans
Oversee the evaluation of our CECL model results, internal/external reporting, and SOX controls related to the CECL model and lead the interim and annual audit process related to CECL
Responsible for leading, developing, and motivating a team of 5 accountants. Serve as a role model and foster a culture of continuous process improvement
Collaborate cross-functionally to create efficiencies, eliminate non-value added activities, and deliver superior business results
Lead and/or support strategic business process redesign efforts
Some travel, may be required dependent upon the initiatives and business priorities (Stamford Office visits)
Maintain SOX controls documentation and evaluate deficiency risks through on-going review and validation of key operational processes
Create and foster collaborative relationships with Investments Front/Middle/Back office. Act as the key point of contact and strategic business advisor responsible for providing comprehensive accounting and reporting analyses in support of new investment opportunities
Perform other duties as assigned
What you bring
Bachelor’s degree in accounting, finance, or other business-related discipline
CPA is required
10+ years of progressive accounting experience
Experience with GAAP and/or Statutory accounting and reporting
Demonstrated ability to manage a team through tight monthly close processes and help coach them through issues.
Proven ability utilizing project management disciplines and tools in the successful execution of process redesign, process improvement, and/or system implementation initiatives
Ability to build and maintain strong working relationships across cross-functional groups and communicate complex information clearly
Experience analyzing new investments and accounting guidance to drive appropriate and preferred investment accounting and reporting
Excellent analytical and problem-solving skills
Outstanding communication and presentation skills
Ability to manage multiple and changing priorities
Skills including MS Office tools (Excel, Word, PowerPoint)
Experience with Oracle Financials, TM1, Black Rock & PAM
Employee Benefits & Well-Being
Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.
Competitive Compensation & Total Rewards Incentives
Comprehensive Healthcare Coverage
Multiple 401(k) Savings Plan Options
Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
Disability, Life, and Long Term Care Insurance
Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
Caregiver and Mental Health Support Services
ADDITIONAL
At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
Genworth
Senior Manager, Alternative Asset Accounting and Reporting
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