Director Investment Accounting

The Director of Investment Accounting is responsible for oversight of the accounting and reporting for insurance company investments. The candidate must possess strong Statutory and GAAP accounting and reporting knowledge for investments to support timely and accurate accounting. Experience with accounting for structured securities, options, limited partnerships, and commercial mortgage loan investments is beneficial, with an emphasis on equity method of accounting.

• Process and review transactions in the investment accounting system daily, requiring strong analytical skills and attention to detail
• Prepare and review financial statement disclosures and schedules for the investment portfolio
• Review reports, account reconciliations, analysis and documentation of investment-related general ledger income statement and balance sheet accounts
• Lead a team of investment accounting professionals working closely with custodian banks and external investment managers
• Oversee and assist in analyzing investment accounting results and communicating with management
• Responsible for ensuring investment accounting processes are properly documented as to policies, procedures, and controls
• Maintain relationships with both internal and external auditors and complete requests related to GAAP and statutory reporting
• Continuously challenge and improve processes to drive efficiencies in the production of deliverables, including financial statement support and footnote details
• Research and analyze regulatory, technical, or other information, as deemed necessary
• Lead or provide support for investment accounting projects

Education & Experience:

• Bachelor’s degree in accounting or finance
• 8+ years of investment accounting, financial reporting, or auditing experience preferred

Last updated on Aug 15, 2024