Columbus Metro, Ohio, USA
6 days ago
Manager, Financial Reporting (P&C Controllership)
As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

COMPENSATION GRADE: G3

This role supports the P&C Controllership team, with a focus on Statistical Reporting. This position will manager a team of 6 direct reports.

As a Manager, you will lead a team of seven direct reports, including management of flex resources. Other responsibilities will include review and oversight of reports that are filed with industry bureaus, government agencies, state departments of insurance, and/or other regulatory agencies. We'll count on you to work closely with others by managing deadlines, evaluating controls and leading special projects. In addition, you will have opportunities to provide consultation and assistance to leaders and other internal customers. While working on the Statistical Reporting team, you will have opportunities to flex across the P&C Controllership team.  We are looking for a highly engaged team leader with excellent communication skills, attention to detail, strong work ethic, analytic mindset and comfort in exploring and utilizing new technology.

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!

As a Manager, you'll lead complex functions associated with GAAP and statutory financial reporting, premium taxes, payroll taxes, and/or statistical and supplemental statutory reporting requirements, including researching and drafting new disclosures or reports. You'll be responsible for supervising staff and working closely with leadership within and across the department and other key executives throughout the organization.

Job Description

Key Responsibilities:

Manages planning, preparation and review of complex federal, state and local statutory financial statements and reports, supplemental and statistical forms and data calls, and/or employment, premium, sales/use and personal property tax returns as well as related journal entries in accordance with state and federal laws, regulations and/or instructions. These reports, forms, returns, and data calls are provided to various state and federal regulatory bodies, Fortune Magazine, various ratings agencies (S&P, Moody's, AM Best, etc.), debt-holders, the Nationwide Audit Committee, various state agencies and/or others.

Coordinates and actively participates in the development and design of new and enhanced systems and processes within the assigned area(s).

Focuses on talent management and engagement within the organization. Leads associate management, including performance management, salary planning and administration, training and development, workflow and organizational planning and disciplinary actions.

Stays informed and analyzes the potential impact of pending legislation and proposed new or revised GAAP and Statutory accounting policies, including the evaluation of the cost to the enterprise. Coordinates the research, analysis and implementation of new and/or revised accounting policies, procedures and disclosures with Accounting policy.

Ensures timely initiation of high dollar amounts of related tax and fee payments as required by the state and federal laws, regulations and instructions.

Provides audit evidence and support to external audit firms and state departments of insurance. Also, coordinates responses to requests and inquiries from external auditors, IRS, state departments and examiners, statistical bureaus, and/or other regulatory agencies on analytical inquiries, compliance and/or data quality/integrity matters. Prepares and/or reviews information to be used in the administration and settlement of federal, state and local financial and tax audits.

Coordinates the optimization of financial and regulatory reporting processes to produce high-quality results in an efficient and effective manner, while meeting all established deadlines. Responsible for finding opportunities across the organization to streamline reporting processes.

Manages and reviews work performed by less experienced staff and offshore contractors.

Researches and advises senior management on key competitor and industry financial reporting practices.

Prepares, reviews and maintains documentation and testing of controls over financial reporting. Assists in design, implementation and operation of internal controls over financial and regulatory reporting processes.

Leads initiatives to strengthen Controller ship's analytic competencies.

Coordinates and leads multi-team efforts on selected projects.

Represents Director/Associate Vice President as assigned. May attend conferences or trade association meetings.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Director or Associate Vice President; Manages a team of 4 or more finance professionals.

Typical Skills and Experiences: 

Education: Undergraduate degree in business administration, accounting, finance, insurance or other relevant academic subject areas preferred.

License/Certification/Designation: CPA or relevant industry designation (e.g., CPCU, IIA, FLMI) preferred.

Experience: More than five years in public accounting, equivalent industry experience or relevant insurance experience.

Knowledge, Abilities and Skills: GAAP and/or statutory accounting bases. Insurance regulatory requirements. Complex financial statement preparation, including consolidation of companies/subsidiaries. Financial/statistical analysis. Principles of taxation and the related impact on financial statement preparation. Accounting and/or business operating systems. Project management concepts and techniques. Must have the ability to lead in team or project environment. Must have the ability to analyze financial or statistical results and trends and interpret complex financial reporting requirements. Must have verbal and written communication skills, with an ability to communicate professionally with regulators and business partners. Ability to interpret changes in reporting and legal/regulatory requirements relative to the impact on financial statement preparation, premium and payroll taxes and supplemental or statistical filings and to the formulation of company or business area policies and procedures. Must possess decision-making skills for problem identification and appropriate solution recommendation. Must have the ability to operate and maintain efficient financial information networks, systems and software.

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 Human Resources Business Partner.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions: 

Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal office environment; extended and/or non-standard work hours as needed.

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.

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.


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