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Fidelity Accounting Jobs in Iowa (NOW HIRING)

Fidelity Accounting information

What is fidelity accounting?

Fidelity accounting refers to the specialized practice of tracking, recording, and safeguarding assets, typically within trust or fiduciary accounts, to ensure that all financial transactions comply with legal and ethical standards. It is commonly used by fiduciaries such as trustees, executors, and guardians to provide transparent records of how they manage someone else's assets. This process involves meticulous documentation, regular reporting, and adherence to both regulatory requirements and the specific terms of the trust or fiduciary arrangement. The goal is to protect the interests of beneficiaries and maintain accountability.

What are some of the common challenges faced by professionals in fidelity accounting roles?

Professionals in Fidelity Accounting often encounter challenges such as managing complex reconciliation processes, ensuring strict compliance with regulatory standards, and maintaining accuracy under tight deadlines. They may also need to adapt to frequent changes in financial regulations and internal policies, which requires ongoing learning and flexibility. Collaboration with audit teams and other departments is key, as is strong attention to detail when handling sensitive financial data. These challenges are balanced by opportunities to develop expertise in risk management and to advance within the broader financial services sector.

What are the key skills and qualifications needed to thrive in fidelity accounting, and why are they important?

To excel in Fidelity Accounting, you need strong analytical skills, attention to detail, and a solid understanding of accounting principles, often supported by a degree in accounting or finance and relevant certifications like CPA. Familiarity with accounting software, financial reporting systems, and reconciliation tools such as SAP or Oracle is commonly required. Strong organizational abilities, problem-solving skills, and clear communication help professionals manage complex transactions and collaborate with stakeholders. These skills are vital for maintaining accurate financial records, ensuring compliance, and supporting organizational integrity.

What is the difference between Fidelity Accounting vs Bookkeeper?

AspectFidelity AccountingBookkeeper
CredentialsAccounting degree or certification (e.g., CPA)High school diploma; some certifications preferred
Work EnvironmentFinancial firms, corporate accounting departmentsSmall businesses, offices, or remote settings
ResponsibilitiesFinancial reporting, compliance, auditsRecording transactions, maintaining ledgers

Fidelity Accounting professionals typically hold accounting credentials and work in corporate or financial environments, focusing on financial reporting and compliance. Bookkeepers usually have less formal education, working in small businesses or remote settings, primarily recording daily transactions. While both roles handle financial data, Fidelity Accounting involves more complex analysis and regulatory tasks compared to the transactional focus of bookkeepers.

What are popular job titles related to Fidelity Accounting jobs in Iowa?

For Fidelity Accounting jobs in Iowa, the most frequently searched job titles are:

What job categories do people searching Fidelity Accounting jobs in Iowa look for?

The top searched job categories for Fidelity Accounting jobs in Iowa are:

Sr. Financial Reporting Accountant

Fidelity & Guaranty Life Insurance Company

Des Moines, IA • Remote

$83K - $109K/yr

Full-time

Re-posted 9 days ago


Job description

Job Summary

This position is a senior level position performing various duties related to the financial reporting process for Fidelity & Guaranty Life and subsidiaries. Areas of responsibility include preparation of the quarterly and annual Statutory financial statements, footnote disclosures, and analysis required for Statutory reporting. This position will also support the department with respect to internal and external audit requests.

Duties & Responsibilities

  • Responsible for timely and accurate completion of regulatory required statutory reporting, including the Annual and Quarterly Statements, MD&A, statutory audited financial statements and any associated filing.
  • Support coordination and preparation of certain GAAP, quarterly and annual statements; and related analysis, including, but not limited to related footnotes and analytics.
  • Prepare analysis and utilize reporting tools to obtain information from the general ledger (Oracle) and/or financial data warehouse as required to assist with the reconciliation and analytic duties related to position.
  • Preparation of journal entries and account reconciliations including supporting analysis when applicable
  • Support compliance with internal control procedures and documentation of controls (i.e., Review and approval control binders)
  • Support internal and external (EY) audits and statutory insurance department examinations, as needed.
  • Pursue path of continuous process improvement (including automation) opportunities to identify and provide recommendations.

Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.

Knowledge, Skills & Abilities

  • Strong computer knowledge including familiarity of financial based client-server packages desired.
  • Knowledge of reporting packages, including SOVOS and Wdata reporting tools a plus.
  • Exceptional interpersonal and communication (verbal and written) skills.
  • Highly motivated and demonstrated ability to take initiative.
  • Leadership skills, with the coach and mentor staff.
  • Ability to work both independently and as part of a team with professionals at all levels.
  • Strong analytical skills and understanding of key data.
  • Ability to effectively prioritize multiple tasks/projects to meet critical deadlines.
  • Ability to work in a fast-paced environment.
  • Excellent organizational and time management skills.
  • Demonstrated ability to maintain confidentiality.
  • Strong problem solving skills.
  • Advanced knowledge of Excel required.
  • Embraces and demonstrates F&G's cultural values
  • Builds trust and camaraderie between team members
  • Experience playing a lead role in team projects or deliveries to ensure smooth operation, timeliness, accuracy and achieve targeted result

Minimum Qualifications

  • Bachelor's Degree in Accounting or Finance

Years of Experience

  • 3+ year of relevant experience in sophisticated accounting environment
  • Insurance experience a plus

License/Certification

  • CPA or pursuing CPA Preferred

Other Requirements

  • This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
  • Perform other functions, duties and projects as assigned
  • Regular and punctual attendance

Ability to travel up to: 10% of the time

#LI-MB1 #LI-Remote

Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.

F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.

Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events.

As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022

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