Financial Accounting Senior – Investment Accounting

Anticipated End Date

Financial Accounting Senior – Investment Accounting

Financial Accounting Senior

This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Financial Accounting Senior will be responsible for providing technical leadership and setting the strategic direction of projects.

• 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, which would provide an equivalent background.

• CPA preferred.
• 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.

Non-Management Exempt

1st Shift (United States of America)

AFA >
Accounting

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 of the organization who are passionate about making an impact on our members and the communities we serve.

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and 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, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as…