Manager, Accounting - AFS Reconciliation Performance at Nationwide

Columbus, Ohio, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

NoVisa

Insurance, FinanceIndustries

Requirements

Undergraduate degree in accounting or finance preferred
Progress towards CPA preferred
At least six years related accounting experience; insurance experience preferred
People management experience preferred
Knowledge of GAAP and/or STAT accounting principles, practices, and procedures
Knowledge of insurance/financial products regulatory requirements
Product specific knowledge (e.g., investments, tax, property/casualty, life, subsidiary accounting, and financial analysis)
Verbal and written communication skills for contact with all levels of associates, business unit leadership, external parties (e.g., public accountants, state examiners, industry professionals)

Responsibilities

Manages the accurate accumulation, preparation, and maintenance of financial accounting records for both internal and external reporting
Manages the development of financial statements according to prescribed schedules
Prepares, reviews, and recommends improvements in accounting and financial reporting systems
Manages and/or participates in special projects/assignments as directed by senior management
Reviews and analyzes financial statements and supplemental data for external and management reporting purposes
Works closely with internal auditors, public accountants, federal tax examiners, and others as required in performing assigned accounting functions
Manages the preparation of special reports, analyses, and financials as requested by management
Represents the department director as assigned for both development and workflow assistance
Manages associates including: performance management, salary planning and administration, training and development, workflow planning, hiring and placement, and disciplinary actions
Performs other related duties as assigned

Skills

Key technologies and capabilities for this role

AccountingFinancial ReportingReconciliationAFS ReconciliationGAAPFinancial StatementsRegulatory ReportingAccounting PolicyTeam Management

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

This is a hybrid position located in Columbus, Ohio, requiring you to come into the office two days per week.

What is the salary range for this role?

This information is not specified in the job description.

What are the main responsibilities or skills needed for this manager role?

The role involves managing financial accounting records, developing financial statements, reviewing and improving accounting systems, analyzing financial data, and managing a team of associates.

What is the team structure for this position?

The role reports to an Accounting Director/Officer and typically manages four or more direct reports.

What kind of growth opportunities are available in this role?

Opportunities are endless in the Finance department, allowing growth and learning in diverse areas like Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, and more.

Nationwide

Provides insurance and financial services

About Nationwide

Nationwide provides insurance and financial services to individuals and businesses across the United States. Their product offerings include auto, home, life, and commercial insurance, as well as retirement and investment solutions. The company operates by underwriting insurance policies and managing investment portfolios, earning revenue through premiums, investment income, and fees for financial services. What sets Nationwide apart from its competitors is its focus on leveraging technology to improve claims processing and policy management, along with its commitment to customer service. Additionally, Nationwide partners with organizations to offer financial education resources, particularly for retirees, aiming to ensure financial security and protect the futures of its clients.

Columbus, OhioHeadquarters

1925Year Founded

$769.7MTotal Funding

N/ACompany Stage

Consulting, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Risks

Competition from insurtech startups like Nexar may challenge Nationwide's market share.

AI-driven platforms like Planck could disrupt traditional insurance models.

Partnerships with AI firms may require significant tech investment and integration efforts.

Differentiation

Nationwide invests in tech-driven platforms like YellowBird and Betterview to enhance services.

Partnership with CLARA Analytics shows Nationwide's focus on AI for operational efficiency.

Collaboration with Funding Circle highlights Nationwide's support for small business growth.

Upsides

Nationwide's $56M loan to Whitestone REIT diversifies its investment portfolio.

Investments in AI and tech platforms could streamline operations and reduce costs.

Supporting small businesses may expand Nationwide's customer base and strengthen relationships.

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