Allstate

Investments Finance - External Financial Reporting Accounting Manager

Posted on Apr 2 130 views Northbrook, IL


The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.

Job Summary

The Investments External Reporting team is responsible for providing timely and accurate investment information to support external filings made by The Allstate Corporation.

Job Summary
The External Reporting Associate Manager is responsible for managing staff on the External Reporting team and to provide broad oversight to systems and controls that appropriately mitigate operational risks. The External Reporting Associate Manager is a key leader within the Investments Accounting function and is expected to have an advanced understanding of external reporting requirements and identify and leverage opportunities to improve throughput, reduce operational and financial risks and improve controls.

Key Responsibilities

Management
 Monitor team capacity and prioritize team focus
 Set team member goals, develop employee skills and provide constructive feedback
 Participate in determining longer-term team priorities and lead team toward achievement
 Mold team culture and motivate to achieve optimal performance from direct and indirect reports

Communication
 Provide status, risk assessments, and performance metrics to Senior Management
 Define and communicate changing policies and procedures to ensure compliance
 Build cross-functional partnerships
 Clearly articulate point-of-view, taking into account the perspective of all related parties
 Foster a collaborative team environment

Functional
 Be the liaison between Investments and Corporate Accounting to provide feedback (i.e., review comments and specific edits) on external filings (e.g., Forms 10Q/K, audited financial statements, investor supplement schedules, earnings press release, statutory annual statements, etc). This position will have primary responsibility for statutory filings and deliverables.
 Build strong internal relationships with other cross-functional leaders such as Investment Operations, Front Office Traders, Corporate Accounting, Tax, Operational Accounting and Compliance to surface and effectively troubleshoot issues and questions that arise during close and reporting
 Oversee day to day external reporting processes that support the monthly and quarterly close. Examples include analysis and review of support information to be included in monthly close schedules and other statutory deliverables (investment interrogatories, Insurance Department surveys, etc.)
 Identify and Assess significant control, timing and information risks and suggest remediation plans to management
 Control risk – risk that controls around process are not sufficient to ensure the information prepared correctly
 Timing risk - the ability to complete the required work within reporting deadlines
 Reporting risk –preparing reports incorrectly (e.g., incorrect interpretation of reporting rules/requirements
 Own and be accountable for execution of team’s responsibilities – primarily the timely completion of investment schedules and reports to support the external reporting requirements of the various Allstate reporting entities on a GAAP and statutory basis
 Recognize opportunities for innovation and process improvements. Recommend and execute process improvements as appropriate. Examples include process efficiencies, new data sources or workflows, enhancements to data summarization processes, etc.


Qualifications

Knowledge/Skills/Abilities/Experience
 5-10+ years of professional accounting/reporting experience; Investment accounting and reporting experience and SEC reporting preferred
 Previous experience with Statutory Annual Statement preparation preferred
 2+ years of managing professional staff preferred
 Accounting/Finance degree required
 CPA/MBA candidate preferred
 Microsoft Excel, Access and SAP skills
 Excellent organizational and time management skills, ability to meet deadlines
 Flexible and able to adapt to changing circumstances
 Problem solving and decision making skills
 Working knowledge of management principles and techniques
 Excellent oral and written communication skills to all levels of staff and management
 Excellent analytical and issue resolution skills
 Strong knowledge of GAAP and Statutory reporting requirements for investments



The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

 

Good Work. Good Life. Good Hands®.


 

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate’s benefits, visit allstate.jobs/benefits/
 

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Allstate generally does not sponsor individuals for employment-based visas for this position.


 

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

 

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It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.