Senior Manager, Investment Accounting and Reporting

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care-and we bring those experiences with us to work in serving our millions of policyholders each day.


We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

Our four values guide our strategy, our decisions, and our interactions:

• Make it human. We care about the people that make up our customers, colleagues, and communities.
• Make it about others. We do what's best for our customers and collaborate to drive progress.
• Make it happen. We work with intention toward a common purpose and forge ways forward together.
• Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

POSITION TITLE

Senior Manager, Investment Accounting and Reporting

POSITION LOCATION

Richmond, VA

Hybrid Schedule: Tuesdays & Wednesdays onsite

Relocation Assistance can be offered for non-local candidates

YOUR ROLE

As an Investments team member, you'll play a key role in the innovative investment strategies that enable our company and our financial products to serve our customers and their families when they need us most - now and in the future.

Investment Accounting is a shared service organization that prepares all US GAAP and U.S. Statutory accounting and reporting for Genworth's investment portfolio. We partner with the Finance Teams across all product lines as well as participate in assisting in the development and execution of Investment strategies.

You will be responsible for the oversight and management of GAAP and Statutory accounting and reporting, supporting large scale projects, developing and maintaining robust internal controls framework, and act as a key point of contact and strategic business partner to the Investments Front Office.

What you will be doing

• Responsible for ensuring timely and accurate investments performance reporting, SEC reporting and Statutory reporting for Commercial Real Estate Loans, Limited Partnerships, and Middle Market Loans
• Oversee the evaluation of our Current Expected Credit Loss (CECL) model results, internal/external reporting, and SOX controls related to CECL
• Responsible for leading, developing, and motivating a team of five accountants. Serve as a role model and foster a culture of continuous process improvement
• Collaborate cross-functionally to create efficiencies and deliver superior business results
• Lead and/or support strategic business process redesign efforts
• Maintain SOX controls documentation and evaluate deficiency risks through on-going review and validation of key operational processes
• Create and foster collaborative relationships with Investments Front/Middle/Back office. Act as the key point of contact and strategic business advisor responsible for providing comprehensive accounting and reporting analyses in support of new investment opportunities
• Perform other duties as assigned

What you bring

• Bachelor's degree in accounting, finance, or other business-related discipline
• CPA is required
• 7+ years of progressive accounting experience
• Experience with GAAP and/or Statutory accounting and reporting
• Demonstrated ability to manage a team through tight monthly close processes and help coach them through issues.
• Proven ability utilizing project management disciplines and tools in the successful execution of process redesign, process improvement, and/or system implementation initiatives
• Ability to build and maintain strong working relationships across cross-functional groups and communicate complex information clearly
• Experience analyzing new investments and accounting guidance to drive appropriate and preferred investment accounting and reporting
• Excellent analytical and problem-solving skills
• Outstanding communication and presentation skills
• Ability to manage multiple and changing priorities
• Skills including MS Office tools (Excel, Word, PowerPoint)

Nice to have

• Investments accounting experience is a plus but not required

Employee Benefits & Well-Being

Genworth employees make a difference in people's lives every day. We're committed to making a difference in our employees' lives.

• Competitive Compensation & Total Rewards Incentives
• Comprehensive Healthcare Coverage
• Multiple 401(k) Savings Plan Options
• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
• Generous Paid Time Off - Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
• Disability, Life, and Long Term Care Insurance
• Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
• Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
• Caregiver and Mental Health Support Services

ADDITIONAL

• At this time, Genworth will not sponsor a new applicant for employment authorization for this position.