Accounting Manager, Alternative Investments

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.Our four values guide our strategy, our decisions, and our interactions:Make it human. We care about the people that make up our customers, colleagues, and communities.Make it about others. We do what's best for our customers and collaborate to drive progress. Make it happen. We work with intention toward a common purpose and forge ways forward together. Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.    POSITION TITLEAccounting Manager, Alternative InvestmentsLOCATIONRichmond, VA                                                                                                              YOUR ROLEAs an Investments team member, you’ll play a key role in the innovative investment strategies that enable our company and our financial products to serve our customers and their families when they need us most – now and in the future.Investment Accounting is a shared service organization that prepares all US GAAP and U.S. Statutory accounting and reporting for Genworth’s investment portfolio. We partner with the Finance Teams across all product lines as well as participate in assisting in the development and execution of Investment strategies.You will support the Investment organization in US GAAP and Statutory accounting, reporting, controls, analysis, and automation. You will directly supervise and lead these activities for our Commercial Mortgage Loan portfolio, while supporting the team’s current expected credit losses (CECL), Limited Partnership, and Middle Market Loan activities. You will play an integral lead role in broader initiatives and goals, delivering optimization and high-quality results. Your role will be focused on executing, leading, and inspiring transformational enhancements for Investments organization and key stakeholders. What you will be doingSupervise and review transaction processing and balance reconciliationsSupervise and review the drafting of internal and external reporting including US GAAP, SEC 10-K/Q and Statutory disclosuresManage high quality deliverables and initiatives to timely completionDevelop and lead transformation initiatives to make routine activities more efficient, automated, and controlledLead process and task critical risk assessments, seek optimization value add opportunities, and enhance the control environment and activities with quality driven documentation and through coaching and review of junior team member effortsDevelop and document a thorough working knowledge of standards and practices to direct stakeholders as the acknowledged subject matter expertLead implementation efforts for new accounting and reporting requirements and supporting technologyLeverage strong cross functional team relationships to drive towards a shared vision and goalsAct as the premier cross functional catalyst for progress, transformation, and results, grounded in a broad understanding of the financial and organizational implicationsAct as a value-add resource for opportunities, delivering analytical critical thinking, bringing order to unstructured problems, and breaking down complexities into actionable componentsProactively anticipate and manage issues and contingency planningEffectively interface with auditors, driving conclusions and supporting routine and new audit requests proactively and efficientlyEvaluate system outputs to ensure appropriate accounting treatment for all alternative assets across multiple accounting basisResearch and review of accounting guidance to assess existing processes – identifying potential efficiencies and/or gaps in current business processesHandle preparation of assigned accounting tasks and perform all applicable SOX Controls for owned processesThorough review and assessment of current workflows and identification of opportunities for improvementHandle other duties as assigned ​What you bringBachelor’s degree Accounting, Finance or other business-related disciplineCPA or other certification(s)At least 5 years accounting or finance experienceExperience with GAAP and/or Statutory accountingCollaborative mindset to work across the team to ensure successful execution of deliverablesExcellent analytical and problem-solving skillsStrong communication skills with ability to successfully navigate conflictsAbility to prioritize assignments and multi-task to meet critical business timelinesSkills including MS Office tools (Excel, Word, PowerPoint)Employee Benefits & Well-BeingGenworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.Competitive Compensation & Total Rewards IncentivesComprehensive Healthcare CoverageMultiple 401(k) Savings Plan OptionsAuto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family LeaveDisability, Life, and Long Term Care InsuranceTuition Reimbursement, Student Loan Repayment and Training & Certification SupportWellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)Caregiver and Mental Health Support ServicesADDITIONAL At this time, Genworth will not sponsor a new applicant for employment authorization for this position.