Vice President Investment Accounting

Job DetailExperience Level DirectorDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000018623Salary Type AnnuallyIndustry InsuranceSelling Points Drive impactful investment accounting operations for a global portfolio. Collaborate on strategic initiatives in a dynamic, hybrid work environment. Lead compliance efforts and foster team development for organizational excellence.Job DescriptionOverviewLead investment accounting operations for a global portfolio, ensuring compliance with U.S. GAAP, statutory, and international standards.Drive strategic initiatives to enhance investment accounting systems and reporting processes, fostering operational excellence.Collaborate with cross-functional teams to onboard new investment classes and oversee periodic activity reporting.Provide insightful analysis on financial statement movements, budgets, and prior period comparisons.Lead technical accounting reviews for investment transactions and emerging asset classes.Oversee credit allowance analysis and contribute to senior management presentations and strategic discussions.Manage investment sections for annual surveys and year-end SOC report reviews.Cultivate a high-performing team, promoting collaboration and continuous improvement.Key Responsibilities & DutiesSupervise daily accounting operations and monthly financial close for global investment portfolios.Ensure timely and accurate reporting compliance with quarterly close calendars and regulatory requirements.Collaborate with treasury, legal, and portfolio management teams to optimize investment activities.Draft and review accounting policy memorandums addressing complex technical matters.Ensure precision in financial statement footnotes and disclosures, adhering to compliance standards.Implement robust processes for insurance/reinsurance accounting and financial reporting.Lead project planning and execution for investment accounting improvements and initiatives.Stay updated on industry trends, integrating insights into operational strategies.Job RequirementsBachelor’s degree in Business, Accounting, or Finance; Master’s degree or CPA preferred.Minimum 12 years of experience in investment accounting, with 15 years preferred.Expertise in ASC Topics 320-326 and international GAAP standards.Exceptional communication skills with the ability to influence and drive organizational change.Proficiency in financial reporting systems and technology applications.Strong project management skills, ensuring effective planning and execution.Knowledge of industry trends and commitment to continuous improvement practices.Proven ability to lead and develop teams, fostering collaboration and excellence.