Senior Accountant, Investments Complex Assets

Location
Northbrook, Illinois
Salary
Not Specified
Posted
Apr 14, 2018
Closes
Jun 13, 2018
Ref
96957#GIJ--Allstate.4
Job Type
Not Specified
Career Level
Not Specified

Where good people build rewarding careers.



Think that working in the insurance field cant be exciting, rewarding and challenging? Think again. Youll help us reinvent protection and retirement to improve customers lives. Well help you make an impact with our training and mentoring offerings. Here, youll have the opportunity to expand and apply your skills in ways you never thought possible. And youll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.



Job Description

The Investment Finance Complex Asset Team is responsible for producing timely and accurate accounting and reporting of complex investment assets such as derivatives, commercial mortgage loans and complex fixed income accounting results to support external filings made by The Allstate Corporation and for internal Management reporting purposes.





The Complex Asset Accounting and Reporting Senior Accountant will:






  • Perform the accounting and prepare reporting schedules that support the external filings and internal reporting for the commercial mortgage loans, derivatives, and other complex fixed income activities on a GAAP, Statutory and Tax basis. Examples may include trending and roll forward analyses, supporting accounting and reporting work papers for the monthly close and more complex GAAP, statutory and tax reporting schedules

  • Prepare journal entries to support the accounting and reporting of the team for the monthly and quarterly closings

  • Prepare reconciliations to the General Ledger; troubleshoot out of balances and perform corrective action

  • Assist team Supervisor or Manager in implementing accounting and reporting standards, including the development or refinement of current practices, policies and procedures for derivatives and commercial mortgage loans

  • Adhere to internal controls including Sarbanes - Oxley; identify and evaluate modifications to internal controls in light of changing conditions. Make recommendations to the Supervisor or Manager as potential modifications are identified

  • Own and be accountable for execution of responsibilities; raise issues with processes timely

  • Help coordinate and participate in team projects, assignments and team responsibilities such as continual process improvements and strengthening of controls and cross training

  • Pursue developmental opportunities to advance analysis and reporting skills and to establish a strong customer focus

  • Foster a team environment and work collaboratively within the team and across departments




Job Qualifications


  • 2+ years of professional accounting/reporting experience preferably in the Investment or Financial Services industries

  • Accounting/Finance degree required, CPA, MBA or CFA candidate preferred

  • Good oral and written communication skills

  • Basic problem solving and decision making skills

  • Good organizational and time management skills, ability to meet deadlines

  • Basic Microsoft Excel and SAP skills

  • Flexible and able to adapt to changing circumstances

  • Recommend solutions in a logical and creative manner





The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.



Good Work. Good Life. Good Hands.



As a Fortune 100 company and industry leader, we provide a competitive salary but thats just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, youll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.



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Allstate generally does not sponsor individuals for employment-based visas for this position.



Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.



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It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.


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