As a Consultant within the Specialty Finance Accounting support team, you’ll use prior experience to drive key business outcomes and communicate with P&C, investment and risk leaders. Our wide array of specialty products carries unique risks that are long-term in nature, typically related to guarantees on assets, and use P&C methodologies including reserves and risk capital. Your expertise in accounting for similar risks will be crucial to build a framework to evaluating risk and return of specialty finance products. This is an excellent opportunity to get in at the ground floor of a startup business with all the resources of a Fortune 100 company!
This is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
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Job Description Summary
Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you!Job Description
Coordinates the research, analysis and implementation of new and/or revised accounting policies and procedures. Develops recommendations to enhance, improve or facilitate job performance, processing or workflow.
Advises senior management on acquiring data, records, analyzing and preparing complex accounting transactions and statements.
Responsible for development and submission of complex accounting and financial transactions required to ensure accurate reporting at all levels.
Advises management of the accuracy of all reports, forms and data provided to internal and external clients/customers.
Coordinates development of actions/policies to deal with unfavorable financial situations as disclosed by accounting analysis.
Functions as the specialist on changes to GAAP and/or STAT regulatory requirements which ultimately impact the submission of financial documents, reports and other data. Provides consultation on the internal impact.
Acts as project lead in development and design of new and enhanced systems and processes within the assigned area(s).
Guides the preparation and analysis of the most complex pro-forma financial data required for compliance with new requirements.
Provides advice to management on applying financial data and analysis to solve administrative and operating problems.
Coordinates and owns the preparation of complex financial information to provide to auditors, IRS, state examiners and other regulatory agencies, as assigned.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Accounting Manager/Director; This is an individual contributor role, may serve in a project lead capacity.
Education: Undergraduate studies in accounting, finance or business administration; accounting major and degree preferred.
License/Certification/Designation: Progress towards CPA preferred.
Experience: Six or more years of related accounting experience; insurance experience preferred.
Knowledge, Abilities and Skills: GAAP and/or STAT knowledge and functional business area regulatory requirements. Knowledge of industry standard methodologies in sophisticated financial statement preparation, including consolidation of companies/subsidiaries. Knowledge of taxation principles and the related impact on statement preparation. Understands company organizational structure, products and services. Verbal and written communication skills for internal/external contacts. Ability to analyze, discover and solve accounting problems, to interpret financial documents and data and to analyze and interpret legal requirements. Project management skills. Ability to interpret changes in financial reporting and legal requirements relative to the impact on financial statement preparation and to the formulation of company or business area policies and procedures. Ability to effectively operate a personal computer and related software. Ability to apply accounting principles, theories, concepts and practices to specialized, unique and/or nonrecurring complex problems.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Overtime Eligibility: Exempt (Not eligible)
Working Conditions: Normal office environment; may require extended hours in periods of high work volume.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit and/or background check will be required as part of the selection process.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
NOTE TO EMPLOYMENT AGENCIES:
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary ra