Financial Accounting Senior - Investment Accounting

Overview

Location:

This role requires in-office presence 1 - 2 days per week, fostering collaboration and connectivity, with flexibility to support productivity and work-life balance. Alternate locations may be considered if candidates reside within commuting distance from an office. Please note that per policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered unless an accommodation is granted as required by law.

The Financial Accounting Senior will provide technical leadership and set the strategic direction of projects.

How you will make an impact:

We are seeking a senior accounting professional to manage and oversee investment accounting activities within the organization.

• Oversee the accounting, reporting, and analysis for the company s investment portfolio across assigned legal entities, ensuring accuracy and compliance with GAAP and Statutory requirements.
• Lead the accounting and reporting processes for Joint Ventures and Strategic Investments, including equity method accounting, valuation assessments, and consolidation analysis.
• Administer and maintain the Clearwater LPx investment accounting system, ensuring data integrity, timely reconciliations, and accurate financial reporting outputs.
• Prepare and review journal entries, account reconciliations, and investment-related financial reports to support month-end, quarter-end, and year-end close processes.
• Research complex accounting issues related to investments, derivatives, and partnership structures; prepare technical position memos to document conclusions and support policy decisions.
• Partner with Finance leadership to interpret results, identify trends, and provide insights that inform investment strategy and performance reporting.
• Drive process improvement initiatives to enhance accuracy, automation, and efficiency within investment and joint venture accounting operations.
• Mentor, train, and guide junior accountants on investment accounting practices, systems, and reporting methodologies.

• Requires BA/BS in Accounting or Finance, or related field and a minimum of 5 years  experience in general accounting, finance or budgeting and planning in a large for-profit organization; or any combination of education and experience that would provide an equivalent background.
• Preferred: CPA;
  Degree in Accounting strongly preferred.
• Experience with Hyperion/Essbase preferred.
• Intermediate Excel experience preferred.
• Demonstrated ability to interpret technical accounting guidance.
• Experience with Clearwater or similar investment reporting platforms.

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are the property of Elevance Health.

Who We Are:

Elevance Health is a health company dedicated to improving lives and communities — and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels who are passionate about making an impact on our members and the communities we serve.

How We Work:
At Elevance Health, we are creating a culture that is designed to advance our strategy and foster personal and professional growth. Our values and behaviors drive our culture and business outcomes.

We offer market-competitive total rewards, including merit increases, paid holidays, Paid Time Off, incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) + match, stock purchase plan, life insurance, wellness programs, and financial education resources.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially more often. Specific onsite requirements will be discussed during the hiring process.

The health of our associates and communities is a priority. Some patient/member-facing roles may require vaccination against COVID-19 and Influenza per policy; offers may be rescinded if vaccination is not provided or an acceptable explanation is not given, in compliance with applicable laws.

Elevance Health is an Equal Employment Opportunity employer. All qualified applicants will receive consideration without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender identity or expression, marital status, national origin, race, religion, sex, sexual orientation, veteran status, or any other status protected by law. Applicants who require accommodation in the job application process may contact elevancehealthjobssupportfor assistance.

Qualified applicants with arrest or conviction records will be considered in accordance with federal, state, and…