AVP Investment Accounting

Horace Mann is a purpose-driven company that is passionate about educators. The Assistant Vice President (AVP), Investment Accounting, is responsible for overseeing the accounting, reporting, and analysis of the company's investment portfolio. This role ensures compliance with U.S. GAAP, Statutory accounting, SEC regulations, Sarbanes Oxley Act (SOX) and other applicable standards while contributing to the strategic management of the company’s investment operations. The AVP reports to the Chief Accounting Officer & Controller and works closely with the Chief Investment Officer & Treasurer, as well as finance leadership and cross-functional teams to align investment accounting with corporate objectives and supports internal and external reporting for a publicly traded company.

Key Responsibilities:

Investment Accounting and Reporting:

• Oversee the accounting and financial reporting for the company’s investment portfolio, including fixed income, equities, real estate, derivatives, and alternative / limited partnership investments. Ensure compliance with U.S. GAAP, Statutory Accounting, SEC requirements, and regulatory and compliance standards specific to investment accounting.
• Manage monthly, quarterly, and annual close processes for investment-related financial accounts.

• Partner with the treasury and investment teams to ensure alignment of accounting practices with the company’s investment strategies.

Regulatory Compliance:

• Prepare and review investment-related disclosures for SEC filings, including Forms 10-K and 10-Q.
• Monitor and implement changes in accounting guidance (e.g., FASB, SEC, NAIC SVO) relevant to investment accounting and reporting.
• Monitor and implement compliance processes to ensure compliance with state statutory requirements. 
• Collaborate with internal and external auditors to support investment-related audits and resolve any findings.

Investment Analysis and Strategy Support:

• Analyze investment performance, portfolio trends, and returns to provide actionable insights to senior leadership.
• Support the development of investment strategies by providing financial projections and scenario analyses.
• Oversee the rolling investment income forecasting process, to provide a multiyear view of anticipated net investment income.
• Oversee production of internal management reporting, including monthly investment committee, enterprise risk management and committee support and quarterly Board of Director Investment & Financial committee deliverables. 
• Provide valuation support and related documentation (including cash flows) related to investment pricing, valuation and impairment process working with investment front officer partners. 

Internal Controls and Process Improvement:

• Design, implement, and maintain internal controls over investment accounting processes to ensure accuracy and integrity, including investment operations, security master set up, custodian reconciliations and investment related cash activity.
• Lead initiatives to streamline investment accounting processes and enhance system efficiency through automation and technology upgrades.
• Develop and maintain detailed investment accounting policies and procedures.
• Provide technical accounting transaction review for new private transactions, as well as new or emerging accounting standards, such as principal based bond definition. 

Team Leadership and Collaboration:

• Manage and mentor a team of investment accounting professionals, fostering growth and development.
• Collaborate with cross-functional teams, including Treasury, FP&A, Legal, and Tax, to ensure alignment on investment-related matters.
• Serve as the primary liaison with internal and external auditors and regulatory agencies on investment accounting matters.

Qualifications:

Education:

• Bachelor’s degree in Accounting required.
• CPA or MA designation required.
• CFA, CAIA preferred.

Experience:

• 5+ of progressive investment accounting experience required, with management experienced preferred.
• Public Accounting experience preferred.
• Experience in a publicly traded company, including knowledge of SEC reporting requirements.
• Strong technical knowledge of U.S. GAAP related to investment accounting, including fair value accounting, equity method of accounting and derivative instruments.

Skills:

• Advanced understanding of investment accounting systems and software (e.g., Clearwater Analytics, PAM for Investments, or similar tools).
• Strong analytical and problem-solving skills with the ability to provide actionable insights.
• Excellent organizational and project management skills, with the ability to manage multiple priorities in a fast-paced environment.
• Exceptional communication and interpersonal skills for interacting with senior leadership and cross-functional teams.

Personal Attributes:

• High ethical standards and commitment to accuracy and compliance.
• Strategic mindset with attention to detail and execution.
• Adaptable and proactive in addressing changing regulatory and industry requirements.

Pay Range:

• $110,700.00 - $173,900.00  

Salary is commensurate to experience, location, etc.

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