Manager, Accounting - AFS Reconciliation Performance at Nationwide

Columbus, Ohio, United States

Nationwide Logo
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

Accounting
Financial Reporting
Reconciliation
AFS Reconciliation
GAAP
Financial Statements
Regulatory Reporting
Accounting Policy
Team Management

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.

Land your dream remote job 3x faster with AI