Accounting Manager, Alternative Investments Accounting
Company: Genworth
Location: Richmond
Posted on: December 1, 2025
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Job Description:
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 Accounting Manager, Alternative
Investments Accounting POSITION LOCATION Richmond, VA YOUR ROLE You
will support the Alternative Assets 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 investment initiatives and goals, delivering
optimization and high-quality results. Your role will be focused on
executing, leading, and inspiring transformational enhancements for
key stakeholders. 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. What you will be doing Supervise and review
transaction processing and balance reconciliations. Supervise and
review the drafting of internal and external reporting including US
GAAP, SEC 10-K/Q and Statutory disclosures. Manage high quality
deliverables and initiatives to timely completion. Develop and lead
transformation initiatives to make routine activities more
efficient, automated, and controlled. Lead 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 efforts. Develop and document a thorough
working knowledge of standards and practices to direct stakeholders
as the acknowledged subject matter expert. Lead implementation
efforts for new accounting and reporting requirements and
supporting technology. Leverage strong cross functional team
relationships to drive towards a shared vision and goals. Act as
the premier cross functional catalyst for progress, transformation,
and results, grounded in a broad understanding of the financial and
organizational implications. Act as a value-add resource for
opportunities, delivering analytical critical thinking, bringing
order to unstructured problems, and breaking down complexities into
actionable components. Proactively anticipate and manage issues and
contingency planning. Effectively interface with auditors, driving
conclusions and supporting routine and new audit requests
proactively and efficiently. Evaluate system outputs to ensure
appropriate accounting treatment for all alternative assets across
multiple accounting basis Research and review of accounting
guidance to assess existing processes – identifying potential
efficiencies and/or gaps in current business processes Handle
preparation of assigned accounting tasks and perform all applicable
SOX Controls for owned processes Thorough review and assessment of
current workflows and identification of opportunities for
improvement Handle other duties as assigned ? What you bring
Bachelor’s degree Accounting, Finance or other business-related
discipline At least 5 years accounting or finance experience
Collaborative mindset to work across the team to ensure successful
execution of deliverables Strong communication skills with ability
to successfully navigate conflicts Ability to prioritize
assignments and multi-task to meet critical business timelines
Skills including MS Office tools (Excel, Word, PowerPoint) 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.
Keywords: Genworth, Richmond , Accounting Manager, Alternative Investments Accounting, Accounting, Auditing , Richmond, Virginia