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Job description
Accounting Manager
Posting Title: Accounting Manager Location: Chicago, IL Or West Des Moines, IA (Mostly Off-Site) Employment Type: Full-time Salary Range: $114, ,901.00
About Us: EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMOs). Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.
How You'll Contribute:
As an Accounting Manager, you will lead a team of Financial Reporting and Accounting professionals while overseeing key general accounting functions, including the general ledger, policy administration subledger activity, reinsurance accounting, and intercompany accounting. You will collaborate with Financial Reporting, Treasury, Information Technology, Policy Administration, and other business areas to maintain accurate financial information, strengthen internal controls, and support system and product changes. We are looking for a collaborative leader who brings strong accounting knowledge, sound judgment, and a commitment to developing people and improving processes.
What You'll Do:
Lead, coach, and develop accounting professionals by setting clear expectations, providing feedback, and supporting professional growth
Oversee the general ledger chart of accounts, accounting hierarchies, account mappings, and daily reconciliations
Ensure policy administration subledger activity is accurately configured, reconciled, and transmitted to the general ledger and related systems
Review and test accounting configurations associated with new products, product changes, and system enhancements
Partner with Information Technology and Policy Administration to improve automation, efficiency, data integrity, and internal controls
Oversee ceded and assumed reinsurance accounting, including journal entries, account reconciliations, treaty analysis, and statutory schedules
Ensure discrepancies, aged items, suspense balances, and unusual activity are researched and resolved promptly
Support internal and external audits and state insurance examinations by coordinating and providing accurate documentation
Oversee accounting for intercompany service agreements, cost-sharing arrangements, and transactions among affiliated entities
Maintain intercompany allocation methodologies and oversee related invoicing, netting, cash settlement, and reconciliation activities
Establish team priorities and action plans that align with department and Company objectives
Collaborate across the organization to solve problems, improve processes, and foster a positive and inclusive work environment
What You'll Bring:
Education:
Bachelor's degree in Accounting, Finance, or a related field required
Bachelor's degree in Accounting preferred
Experience:
At least seven years of progressively responsible financial reporting or accounting experience
STAT (Statutory Accounting Principals) accounting experience required
At least five years of experience within the life insurance and/or annuity industry
Experience working with accounting systems
Two or more years of people-management experience preferred
Four or more years of reinsurance accounting experience strongly preferred
FMLI designation preferred
Knowledge, Skills, and Abilities:
Knowledge of general ledger, reinsurance, intercompany, and financial reporting principles
Ability to interpret and apply accounting guidance, policies, and procedures to complex transactions
Strong analytical, organizational, mathematical, and problem-solving skills, with attention to detail
Ability to analyze financial data, recognize trends and variances, and apply sound judgment when resolving accounting issues
Demonstrated ability to lead, coach, and develop employees while delegating responsibilities and promoting accountability
Ability to build productive relationships and collaborate effectively across teams and organizational levels
Experience identifying process improvements and implementing solutions that strengthen accuracy, efficiency, and internal controls
Clear written, verbal, and presentation skills
Ability to prioritize competing responsibilities, manage multiple projects, and meet deadlines
Proficiency with Microsoft Office and the ability to learn and navigate accounting and proprietary systems
Adaptability, professionalism, and a commitment to EquiTrust's values of Integrity, Leadership, Accountability, Teamwork, and Passion
Physical Requirements:
Ability to remain seated and use a computer for extended periods
Ability to communicate and exchange information effectively
Ability to perform repetitive hand and finger movements associated with computer work
Occasional walking, standing, reaching, bending, driving, pushing, and pulling
Ability to occasionally lift or carry up to 20 pounds
Ability to perform effectively in a deadline-driven work environment
Where You'll Work:
Location: Chicago, Illinois or West Des Moines, IA
Work Arrangements: Mostly Off-Site
Travel Requirements: Occasional travel, approximately 5–10%
Compensation and Pay Philosophy: Salary Range: $114, ,901.00. This reflects the expected compensation for the position at the time of posting. The final offer will be based on factors such as the candidate's experience, qualifications, geographic location, and internal equity, and may be higher or lower than the posted range. The pay range is subject to change in the future in accordance with applicable laws. EquiTrust is committed to fair and competitive compensation that considers individual and organizational needs.
Total Rewards: In addition to base pay, EquiTrust may, within its sole discretion and depending on the relevant circumstances, criteria, and considerations at the time, grant eligible employees annual discretionary incentive bonuses. Eligible employees also have access to a competitive benefits package including:
Medical, Dental & Vision coverage
401(k) with Company Match
Paid time off: Vacation, Sick, Holiday, and more
Paid Parental Leave for both Mothers and Fathers
Hybrid/Remote Work Options
Early Friday Closure
EquiTrust is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws.
Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.