Wealth Accounting Sr. Specialist

Performs financial accounting functions and related control activities for assigned accounts and processes to ensure conformance with GAAP accounting standards, FINRA, and SEC regulations. Prepares information for regulatory filings and other management financial reports. Analyzes accounting systems and processes to identify trends, recommend enhancements, and improve efficiency. Represents the department in enterprise-wide system and process development activities.

Responsibilities

• Performs financial accounting functions for assigned accounts and processes to ensure conformance with STAT and/or GAAP accounting standards.
• Prepares accurate and timely journal entries, accounting reconciliations, and trial balances, including transactions related to revenue, fees, expenses, compensation, and suspense accounts.
• Ensures accuracy of accounting generated by contract administration systems and manual accounting; researches and resolves reconciliation issues and imbalances.
• Provides guidance to staff performing accounting and control activities; maintains an effective internal control environment.
• Performs financial statement and analytical reporting; analyzes balance sheet and income statement accounts for accuracy and alignment with expectations.
• Analyzes financial activity to identify trends or unusual items; develops a strong understanding of business transactions and related accounting in contract administration systems.
• Identifies potential enhancements to improve accounting accuracy and efficiency; leads or assists in system or process improvements.
• Collaborates with project teams to understand changes and develop comprehensive accounting, reporting, and testing requirements.
• Ensures adequate accounting control structures are designed, implemented, and recorded accurately in financial systems.
• Acts as coordinator and contact for internal or external auditors during financial statement examinations; provides requested information.
• Leads sustainability efforts for NAIC Model Audit Rule compliance; plans approaches and collaborates with process owners to ensure effective internal controls.

Requirements

• Bachelor’s degree in accounting or related field, or equivalent education plus experience.
• Minimum of 3 years of relevant professional accounting experience.
• Public accounting experience preferred.
• Certified Public Accountant (CPA) designation preferred.
• Experience with statutory or GAAP accounting standards in insurance or financial services industries.
• Proven analytical and decision-making skills; excellent communication skills.

Skills

• Analytical Thinking: Organizes and compares aspects of situations to identify key issues using quantitative data; leverages business acumen and problem-solving skills to improve processes.
• Attention to Detail: Focuses on details to spot and correct errors; ensures work meets quality expectations through thorough proofreading.
• Financial Accounting Principles: Applies knowledge of financial accounting principles, processes, and systems to drive accuracy and efficiency; adheres to controls supporting financial integrity.
• Financial Acumen: Applies knowledge of financial statements, analysis, budgeting, forecasting, and modeling to ensure fiscally sound decisions.
• Learning Agility & Critical Thinking: Pursues continuous learning in relevant fields; uses critical thinking to identify opportunities and measure impact for process improvements.
• Contract Administration (Intermediate), Prioritization (Intermediate), Account Reconciliations (Intermediate), Process Improvement (Intermediate), Statutory Accounting (Intermediate), Cross-Functional Partnering & Planning (Intermediate), Storytelling through Data (Intermediate), Documentation (Intermediate), Project Management (Intermediate), Research Communication (Intermediate), Insurance Products (Intermediate), Internal Controls (Intermediate), Financial Reporting (Intermediate), Investment Products (Intermediate).

This position is classified as an Associated Person under NMIS guidelines and requires fingerprinting and completion of required forms.

Pay

Compensation ranges are as follows:

• Standard Pay Structure: $70,320.00 – $105,480.00
• Structure 110 (Geographic Specific): $77,360.00 – $116,040.00
• Structure 115: $80,880.00 – $121,320.00

Final salaries are based on skills, experience, location, and other factors uncovered during the hiring process. Geographic-specific pay structures may apply for candidates in California, New York City, or other eligible locations.

Benefits

• Flexible work schedules
• Concierge service
• Comprehensive benefits
• Employee resource groups