Senior Accountant - Investments | Hybrid (Minneapolis)

This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

At Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

What you do:

As a Sr. Accountant you will focus on investment accounting and will account for all transactions related to invested assets, including bonds, structured assets, loans, short-term and derivatives for Allianz Life and related companies. Working closely with the investment operations and financial reporting areas, you will report monthly and quarterly investment information to management and prepare external reporting to include quarterly and year-end Statutory and IFRS investment reports, while facilitating a strong internal control environment. A portion of your time will be spent focusing on researching and implementing new investment transactions in collaboration with other areas including accounting policy and transaction compliance, investment operations, asset managers, financial planning and analysis and financial reporting. Additional focus will be on automating manual processes to be more efficient using SQL and Excel based tools and generative AI. You will report to the Investment Accounting Manager.

Key Responsibilities:

• Reconcile complex journal entries between the investment accounting system (PAM) and general ledger (SAP) for a variety of instruments across multiple investment portfolios.
• Prepare and distribute ad hoc and recurring management reporting and analysis tailored to support the needs of financial planning and reporting areas, investment managers, and non-financial users.
• Research complex investment transactions and related accounting issues and ensure technical compliance with multiple-basis accounting guidance and other applicable regulations.
• Act as the lead or have a significant role on a variety of key projects while balancing competing priorities.
• Design repeatable, controlled, and efficient processes used in implementing new investment transactions and reporting requirements, with a focus on automating process wherever possible.
• Prepare manual journal entries, account reconciliations, financial reporting and financial analysis.
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

What you bring:

• Bachelor's degree in Accounting, Finance or related field.
• 2+ years of experience required
• Intermediate to advanced Microsoft Excel proficiency working with large volumes of data (creating and using pivots, filters, sort, if, sum, vlookups, sumproduct, Power Query and Power BI)
• Intermediate to advanced SQL coding skills
• Familiarity or some experience with any of the following preferred: PAM for Securities, PAM for Mortgages, SAP, Essbase
• Solid understanding of Statutory and IFRS accounting principles as well as internal controls
• Excellent organizational, decision-making, problem-solving, communication, interpersonal and technical skills
• Proven ability to work independently under minimal supervision
• Candidates must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas

Job posting range $69,000-103,500

Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth. 

What we offer:

At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer. For additional information regarding What It's Like To Work Here | Allianz Life .

100034 | Finance & Accounting | Professional | Allianz US Life | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Great to have you on board. Let's care for tomorrow #LI-TS1