Cigna—HIH - Accounting Advisor

Job description

Description: Position Summary Cigna Investment Management (CIM) manages over $25 billion in assets on behalf of Cigna, a publicly traded global health services company. CIM’s assets are invested in public bonds, private placement securities, commercial mortgages, real estate equity, mezzanine debt, private equity, equity securities, warrants, commercial paper, certificates of deposit, municipal securities, mutual fund shares, United States government securities, options contracts on securities, futures contracts on intangibles, money market funds, derivatives, structured notes, exchange traded funds and hedge funds. Evernorth seeks a results-oriented Investment Accounting Advisor for our Global Capability Center (GCC) in Hyderabad. This role is critical for executing accurate, timely, and compliant investment accounting processes. The ideal candidate will have strong US GAAP expertise, a drive for continuous improvement, and a collaborative mindset to support global financial operations. Summary of Key Responsibilities - Process Execution & Documentation: Develop, document, and maintain accounting processes to ensure accuracy, efficiency, and compliance with US GAAP, NAIC statutory and company policies. - Collaboration: Foster open communication and teamwork across global locations and functions. - Audit Coordination: Support internal and external audits by providing timely and accurate responses to requests. - Issue Resolution: Proactively identify and resolve issues, escalating to management when needed. - Change Management & Continuous Improvement: Embrace change, support process enhancements, and stay updated on accounting practices and technologies. - Operational Support: Participate in financial close and reporting activities, ensuring robust internal controls and compliance. - Process Excellence: Drive improvements and leverage automation and technology where possible. Risks & Controls / Process Excellence - Own the design and execution of well-controlled processes, focusing on both preventative and detective controls. - Seek opportunities to automate controls and improve efficiency. - Maintain high-quality Standard Operating Procedures (SOPs) and process documentation. - Drive standardization and continuous improvement through workflow optimization and technology adoption. Competencies / Skills - Analytical Thinking & Problem-Solving: Analyze financial data and provide actionable recommendations. - Communication & Collaboration: Convey complex information clearly and work effectively with global teams. - Adaptability: Thrive in changing environments and embrace new challenges. - Technical Proficiency: Skilled in accounting software, financial reporting, and internal controls. - Attention to Detail: Understand accounting functions within GCC and their broader impact. - Business Partnership Mindset: Influence and challenge constructively. - Time Management: Prioritize tasks and meet deadlines. - Stakeholder Management: Build strong relationships with global and cross-functional stakeholders. Qualifications - Bachelor’s degree in finance, Accounting, or related field. - 11 - 13 years of progressive experience in financial accounting or operations. - Solid understanding of US GAAP reporting (required). - General knowledge of US NAIC statutory reporting (preferred, not required) - Experience in investment accounting (preferred, not required). - Experience with ERP systems (SAP/Oracle/NetSuite) and reporting tools (Hyperion, Oracle EPM) (required). - Experience with Investment Accounting systems (Midland Enterprise!, YARDI, SS&C Singularity, State Street PAM) (preferred, not required). - Familiarity with Tableau, PowerBi, SQL, Alteryx, Python/R, and Workiva (preferred). - Excellent communication, interpersonal, and organizational skills. - Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities. - Demonstrated ability to operationalize change and foster a culture of continuous improvement. - Self-motivated, with a commitment to continuous learning and technology adoption. Shift timings: 2.30pmIST to 11.30pm IST (Hybrid) About Evernorth Health Services Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.