Cigna Investment Accounting – Investment Accounting Senior Manager
Role Summary
Lead accounting role working closely with Investment Management Front Office and Operational teams to assess new investment products, implement strategic workflows and maintain a well-controlled accounting environment. Position is responsible for leading a team managing various accounting functions; including ledger close, US GAAP and Statutory reporting, derivatives accounting and internal management analysis. These responsibilities require independent research of accounting guidance and proposal of policy conclusions reviewed with senior management. Candidate must use independent judgment and discretion to identify key financial and operational metrics, and provide recommendations or highlights to senior management. Candidate must have a bachelor’s degree with accounting concentration and at least eight years of related experience.
Major Duties
Lead projects with matrix business partners to implement accounting for new investment strategies, including research and documentation for appropriate accounting treatment, and implementation of operational processes and related controls.Complete monthly recording and analysis of investment activity with internal and external business partners, managing staff or working in a matrix environment as necessary.Lead recurring derivative accounting production and controls, as well as, liaison with key business partners to provide input and policy research on new and potential derivatives strategies.Support impact assessment of emerging investment accounting guidelines (FASB, SEC, NAIC) to facilitate strategic business decisions and compliance oversight. Assist in the preparation of exposure draft comment letters and implementation of new guidance.Develop and maintain controls associated with reporting and operational responsibilities.Initiate process efficiency review and build a culture of continual process improvement.Perform special projects to support enterprise initiatives, including supporting multi-year financial roadmap project to move current sub-ledger systems and processes to a new accounting vendor.Prepare management reports for senior finance leadership’s review of key investment balances, results and trends.Actively support non-standard close functions supporting portfolios acquired through business acquisition and global integration.Lead, train, develop and motivate team of direct reports to result in positive outcomes for company as well as the individualsQualifications
Motivated, proactive self-starter who takes ownership and is results orientedExcellent verbal and written communication skills; able to communicate with all levelsExperience mentoring and coaching staffBS with accounting concentration, CPA preferredPublic accounting experience is highly desirableEight or more years of accounting/finance experienceExperience with complex investment accounting technical issues is highly desirableExperience with derivatives accounting, strategy and policy is highly desirableAbility to work independently and as a team playerStrong analytical skills to interpret and evaluate financial resultsDemonstrated ability to work in a fast-paced, multi-tasking environment with tight deadlinesFlexibility to work during off-peak hours as necessary during key reporting periodsPosition is office aligned with a hybrid, in-office/work from home, flexible work arrangement.This position supports Cigna Investments, Inc., an investment adviser registered with the United States Securities and Exchange Commission (“SEC”). The successful candidate will become an Access Person of CII required to comply with the personal trading requirements and restrictions contained in CII’s Code of Ethics. These requirements and restrictions apply to the Access Person and all securities transactions in accounts in which an Access Person has a Beneficial Interest.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About The Cigna Group
Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.