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About this Lead Analyst Investment Reporting role at Empower

Empower · Onsite · KA Bangalore

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Responsible for overseeing and reviewing U.S. GAAP, Canadian GAAP, regulatory, tax and/or Board financial reporting for investment portfolios of the Insurance Company, subsidiaries and affiliates.  Requires a thorough understanding of accounting pronouncements and appropriate application to the investment portfolio. Responsible for various related compliance testing and reporting.

 

ESSENTIAL FUNCTIONS:

  • Assists with the investment reporting function for U.S. and Canadian GAAP, regulatory, tax and/or board requirements of the Insurance Company, subsidiaries and affiliates.
  • Ensures reporting consistency in the financial statements, board reports and information provided to analysts.
  • Researches and proposes new disclosures and modifications to reports in response to new pronouncements and guidelines. 
  • Determines appropriate disclosures related to new investment types. 
  • Interprets new pronouncements and guidelines issued by authoritative associations in relation to U.S. GAAP, Canadian GAAP, or various regulations.
  • Recommends appropriate changes to accounting systems and presentation of information
  • Insurance Company, subsidiaries and affiliates, ensuring a proper audit trail of financial statements numbers. 
  • Analyzes and interprets financial results.
  • Prepares audit documents upon request. 
  • Explains reports and position to auditors as necessary.
  • Responds to ad-hoc reporting requests requiring interpretation of requests, professional formatting and explanation of results.
  • Prepares related journal entries and reconciliations for accounts.
  • Other duties as assigned.

 

QUALIFICATIONS

  • Bachelor’s Degree in Accounting
  • 5-7 years of financial reporting experience required.
  • Public accounting or investment related financial reporting experience a plus.
  • CPA preferred.
  • Advanced Excel skills
  • Normal Office Working Conditions

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

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About Empower

Remote and Hybrid Positions For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment will be provided. You may be required to work in the office if you do not have an adequate homework environment and the required internet connection .

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