Job Posting End Date: Recruiter to Complete
We’ve Got You Under Our Wing
We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way.
Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com.
Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac.
Work Designation. Depending on your location within the continental US, this role may be hybrid or remote.
- If you live within 50 miles of the Aflac offices located in Columbus, GA or Columbia, SC, this role will be hybrid. This means you will be expected to work in the office for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.
- If you live more than 50 miles from the Aflac offices located in Columbus, GA or Columbia, SC, this role will be remote. This means you will be expected to work from your home, within the continental US. If the role is remote, there may be occasions that you are requested to come to the office based on business need. Any requests to come to the office would be communicated with you in advance.
What does it take to be successful at Aflac?
- Acting with Integrity
- Communicating Effectively
- Pursuing Self-Development
- Serving Customers
- Supporting Change
- Supporting Organizational Goals
- Working with Diverse Populations
What does it take to be successful in this role?
- Strong analytical, critical thinking, and problem-solving skills
- Ability to prioritize multiple, competing initiatives
- Strong organizational skills
- Excellent attention to detail and documentation
- Excellent presentation, oral, written, and interpersonal communications skills
- Technical expert in reporting and accounting for financial instruments
- Strong understanding of investment products and derivatives
- Subject matter expert in applying US GAAP and US STAT accounting concepts and all required reporting, e.g., 10K/Q and statutory blue book schedule and Notes preparation
- Knowledge, understanding, and ability to interpret and plan the implementation of accounting guidance promulgated by FASB, SEC and other organizations or committees issuing authoritative accounting guidance
- Advanced proficiency level using Microsoft Word, Excel, PowerPoint and Access software applications with VBA/macro experience preferred
- Knowledge and experience with SAP, BW, Workiva and/or similar accounting/financial software
- Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB), with an emphasis on insurance accounting and/or investment accounting
- Comprehensive knowledge of principles and practices of accounting and financial systems user applications (SAP preferred), including input/output processing and complex system concepts, and ability to understand and use computer systems and application tools for analysis
- Strong knowledge and demonstrated experience performing financial analysis, reporting, and/or process improvement
- Demonstrated competencies in the areas of consulting, change management, quality and project management
- Ability to communicate results, complex topics and issues to management in an effective manner
- Demonstrated ability to manage processes and to mentor less experienced team members
- Excellent teamwork skills with the ability to demonstrate effectiveness in a cross functional group
Education & Experience Required
- Bachelor's Degree In Accounting, finance or a related field
- Ten years of professional job-related work experience in investments and related experience in accounting and reporting
Or an equivalent combination of education and experience
Education & Experience Preferred
- CFA, CPA, CMA, or equivalent certification
Travel
Less than or equal to 10%
• Monitors the design and effectiveness of the system of internal control over the Investment Accounting team’s functions and recommends modifications as needed, after consultation with management and Internal Audit
• Participates with a cross-section of Finance, Tax, Aflac Japan, and Global Investments on detailed analyses of proposed Investment-related accounting impacts on the Company’s financial position
• Works closely with the Accounting Policy team to implement new pronouncements from the Financial Accounting Standards Board (FASB), Securities and Exchange Commission (SEC), and other regulatory authorities and to ensure conformity in financial applications and the implementation of all related disclosure and reporting requirements
• Acts in a senior capacity delegating assignments, reviewing and approving the work of, and providing advice and direction to junior team members
• Maintains a strong understanding of all investment accounting policies and reporting requirements for both US GAAP and US Statutory
• Maintains a strong understanding of sub-ledger (FAM), and how the system interacts with Global Investment front office applications (example: Aladdin), and back office reporting/ledger systems (BW, SAP, BPC, Wings, etc.)
• Under the direction of management, helps plan and develop various departmental strategies with the business units and Accounting Policy
• Assists the team and analyzes complex investment data and information; completes quantitative and qualitative reviews and prepares required internal and external records, reports, statistics, SEC and stockholders’ reports, etc.; develops and presents conclusions and recommendations to management
• Leads or participates on project teams or committees assisting with the development, planning, and implementation of strategic long-range and short-range goals and objectives and continuous improvement
• Establishes and maintains strong working relationships with business partners as their key point of contact in certain areas
• Works with Investment Accounting leadership in tracking the progress made on departmental goals
• Maintains and ensures a continuous improvement culture by developing and tracking KPIs with the team, developing recommendations for improvement, executing those recommendations, and driving the effectiveness of daily huddle meetings
• Develops and maintains reports to enhance reporting requirements
• Displays and fosters positive team membership within the department; cooperates, listens to and values the opinions of others, and supports the goals of the department
• Establishes and maintains strong working relationships with business partners as their key point of contact in certain areas
• Serves as a main point of contact for key stakeholders including Global Investments, Financial Reporting, internal and external auditors and other business units to support their needs and questions
• Performs other duties as required, such as, but not limited to, assisting other areas of investment accounting as a result of turnover/other project needs
Total Rewards
This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting. Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate. The salary range for this position is $72,000 to $167,000.
In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee), 401(k) plans, annual bonuses, and an opportunity to purchase company stock. On an annual basis, you’ll also be offered 11 paid holidays, up to 20 days PTO to be used for any reason, and, if eligible, state mandated sick leave (Washington employees accrue 1 hour sick leave for every 40 hours worked) and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick and safe leave, and adoption and parental leave, in all states and localities.
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