Accountant, Alternative Investments
At a glance
Mid-level Accounting role at Gnw. Richmond · full-time · $68,900–$103,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Prepare reconciliations, review transactions and loan pricing, account for owned real estate, and draft journal entries and financial reports
- Check system results and accounting guidance for alternative assets, then flag process gaps and possible efficiencies
- Support U.S. GAAP and statutory reporting, accounting policy changes, internal controls and business process redesign
- Work with finance teams across product lines on investment strategies and ways to improve how work gets done
- Keep SOX control records current and assess risks through ongoing reviews of operational processes
What you bring
- A bachelor’s degree in accounting, finance or another business-related discipline
- At least two years of U.S. GAAP or statutory accounting and reporting experience
- Clear communication, sound analysis and problem-solving, and the ability to manage competing priorities
- Working ability with Excel, Word, PowerPoint and Copilot
Who this fits
This mid-level accounting role suits someone who can manage alternative-investment accounting work and collaborate with finance teams. You must be a Virginia resident and work in the Richmond office on Tuesdays, Wednesdays and Thursdays, during core hours targeted at 9 a.m. to 5 p.m. Eastern. New employment-authorization sponsorship is unavailable; a CPA is preferred.
From the employer
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 TITLE
Accountant, Alternative Investment Accounting
POSITION LOCATION
Richmond, VA
This position is available to Virginia residents as Richmond, Virginia in-office applicants
*A Hybrid schedule of both Remote and In-Office days is required. In office days are Tuesday, Wednesday and Thursday with working hours targeting our core business hours of 9am-5pm EST.
YOUR ROLE
As 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.
What you will be doing
- Support accurate U.S. GAAP and U.S. Statutory accounting and reporting for the organization’s Alternative Assets investment portfolio, supporting large scale projects, developing and maintaining robust internal controls framework
- Evaluate system outputs to ensure appropriate accounting treatment for our alternative assets portfolio
- Research and review of accounting guidance to assess existing processes – identifying potential efficiencies and/or gaps in current business processes
- Perform assigned accounting responsibilities, including account reconciliations, transaction reviews, loan pricing analysis, real estate owned accounting, and journal entry and financial reporting preparation.
- Partner with the Finance Teams across all product lines and assist in the development and execution of Investment strategies
- Collaborate cross-functionally to create efficiencies and deliver superior business results
- Support accounting policy implementation and strategic business process redesign efforts
- Help maintain SOX controls documentation and evaluate deficiency risks through on-going review and validation of key operational processes
- Perform other duties as assigned
What You Bring
- Bachelor’s degree in accounting, finance, or other business-related discipline
- CPA is preferred
- 2+ years of U.S. GAAP and/or U.S. Statutory accounting and reporting experience
- Strong oral and written communication skills
- Ability to build and maintain strong working relationships across cross-functional groups and communicate complex information clearly
- Ability to balance multiple projects at once and prioritize appropriately
- Excellent analytical and problem-solving skills
- Outstanding communication and presentation skills
- Ability to manage multiple and changing priorities
- Skills including MS Office tools (Excel, Word, PowerPoint, Copilot)
Employee Benefits & Well-Being
Genworth 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 Incentives
- Comprehensive Healthcare Coverage
- Multiple 401(k) Savings Plan Options
- Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
- Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
- Disability, Life, and Long Term Care Insurance
- Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
- Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
- Caregiver and Mental Health Support Services
ADDITIONAL
- At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
National Range: $68,900 - $103,000
Disclaimer: This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.