Accounting Division Manager

(Reference code: 00056Z) Status: Full Time, Employee Location: Northbrook, IL 60062 Job Category: Accounting/Finance/Insurance Career Level:Experienced (Non-Manager) Education Level: Bachelor's Degree Job Description: The Allstate Corporation is the nation’s largest publicly held personal lines insurer. A Fortune 100 company, with $156 billion in assets, Allstate sells 13 major lines of insurance, including auto, property, life and commercial. Allstate also offers retirement and investment products and banking services. Allstate is widely known through the “You’re In Good Hands With Allstate®” slogan. Allstate was founded in 1931 and became a publicly traded company in 1993.The purpose of this department is: The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer.  Widely known through its “You’re In Good Hands With Allstate” slogan, Allstate provides insurance products to more than 14 million households.  Allstate Investments, LLC manages $125 Billion of assets. Our goal is to provide sustainable, competitive, risk-adjusted investment returns and investment-related services for the benefit of the Allstate Corporation. Investment performance for our portfolios has consistently provided excess returns for our customers, and we attribute that success in large part to the quality of our people.  The size of the investment group exceeds 300 individuals across a variety of investment disciplines including, fixed income, equities, private securities, commercial mortgages and derivative asset classes, as well as, accounting, finance and technology. We recognize that our employees are our ultimate advantage and we seek to attract and retain highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged.The Operations Department within Allstate Investments is expanding to support its newly defined strategic focus areas. This is an exciting time to join our strong team and become a part of an innovative, energetic organization that is growing and expanding globally.  For additional information about Allstate Investments, LLC visit our website at www.AllstateInvestments.com. Scope of Job: Manage certain processes related to investment financial analysis as well as, ensure compliance with accounting, reporting and regulatory requirements.  Primary focus-areas will be the Watch-list & impairment process, valuations, income recognition & yield validation. Position Responsibilities: Oversee, manage, and coordinate key investment related financial analysis in support of key accounting processes to ensure compliance with related accounting, reporting and regulatory requirements.  Manage Allstate Investments’ Watch-list process, including the participating in impairment assessments and valuations.  Analysis of yields and income on certain investments. Prepare, review and analyze various analysis and reports for key customers using differing reporting perspectives (i.e., Management, GAAP, STAT, Tax).Required Skills: (skills individual must bring to the job) and skill levels required: - Beginner (has general understanding/knowledge) - Intermediate (has good working knowledge/understanding) - Advanced (is considered an expert)The skills required are: 1. Advanced - Works effectively in a team environment and maximizes team effectiveness. 2. Intermediate - General accounting knowledge. 3. Advanced - Organizational, problem solving, detail oriented, oral and written communication. 4. Advanced - Flexibility to adapt to changing work priorities and assignments. Ability to work under pressure and meet deadlines. 5. Advanced - Initiative, self-motivation, professional demeanor and desire to learn.6. Intermediate - Solid written and verbal communication skills. Experience Required: (type of experience and number of years required) 8-10 years of professional accounting and/or financial analysis experience.  2-3 years of Investment experience, with focus on analysis preferred.   Computer Proficiency: (computer skills needed to do the job) Intermediate to advanced Excel skills, Access, Outlook, Word, SAP or other general ledger applications. Intermediate querying skills a strong plus. Education:College Degree Required Major preference: Accounting (CPA/CFA required, MBA preferred) Foreign Language Proficiency: Requirement: No