FSO FAAS Controller - Integrated Finance Managed Services - Reinsurance

FSO FAAS Controller - Integrated Finance Managed Services - Reinsurance Location: New York Other locations: Anywhere in Country The Opportunity Our FSO Financial Accounting Advisory team is growing exponentially, and as a Controller you will play a critical role in supporting the execution of Integrated Finance Managed Services (IFMS) engagements, with a focus on start‑up reinsurance entities in the life and annuity space. This position collaborates closely with Central and Regional IFMS Delivery Executives and the global delivery service team to ensure accuracy, compliance, and excellence in all financial activities. The IFMS Controller will assist in various finance‑related functions, ensuring accuracy and compliance in all financial activities. Key Responsibilities Collaborate with Central and Regional IFMS Delivery Executives and the EY’s offshore service delivery team to address operational challenges and communicate delivery performance and risks effectively. Work alongside the Service Delivery Executive to monitor service delivery health, identify potential issues early, and drive resolutions for performance deviations or client‑impacting concerns. Provide support for accurate and timely financial reporting for offshore reinsurance entities in accordance with applicable accounting standards including IFRS, US GAAP, and offshore regulatory requirements (e.g., Bermuda, Cayman, or other relevant jurisdictions). Assist with the preparation of regulatory filings and statutory financial statements for offshore domiciles, including submissions required by local insurance authorities. Collaborate with actuarial, capital reserving, and reinsurance teams to support technical accounting for complex insurance transactions, including treaty evaluation (insurance risk vs. investment risk). Assist with maintaining internal controls, documentation, and processes to ensure compliance and operational efficiency across offshore entities. Lead the general accounting function, including monthly and quarterly close activities, reconciliations, and variance analysis for reinsurance portfolios. Oversee audit schedules and liaise with clients and external auditors during annual and interim audit processes. Contribute to the continuous improvement initiatives in financial reporting, systems, and process automation, collaborating with IT and project management teams as needed. Provide technical accounting guidance and support to managed services clients, including preparation of memos for complex insurance transactions and new accounting pronouncements. Coordinate with the EY Technical Accounting Advisory Group to address technical accounting matters raised by managed services clients. Contribute to cross‑functional initiatives, including system enhancements, financial process improvements, and ad hoc projects in response to client needs. Proactively identify opportunities to deploy AI and agent‑based solutions across workflows, partnering with technology and data teams to operationalize at scale. Assist the Commercial Management Office by monitoring scope changes and supporting the resolution of commercial and contract‑related matters. Qualifications Bachelor’s degree in accounting or finance. Certified Public Accountant (CPA), active status required in your workplace location. 7‑10+ years of accounting experience, with a focus on financial reporting and compliance. Strong technical knowledge of IFRS, US GAAP, US STAT, and offshore regulatory requirements for insurance/reinsurance entities (e.g., Bermuda, Cayman, or other relevant jurisdictions). Experience with preparation of statutory reporting/principles for offshore insurance authorities is highly desirable. Experience with finance systems, process improvement initiatives, and systems implementation. Proficiency in Microsoft Office suite, especially Excel. Working experience with SAP, FloQast, Alladin, ServiceNow is a plus. Excellent analytical, communication, and presentation skills. Ability to work in a fast‑paced environment and manage multiple priorities effectively. Ability to travel internationally, 10‑15% What we look for We’re interested in flexible professionals with excellent problem‑solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. You’ll also need the confidence to give professional advice and guidance to colleagues and clients from a diverse range of cultures, often with limited information – both verbally and in writing. If you’re a fast learner, with strong influencing skills and a genuine passion for Finance and where Finance is heading, this role is for you. What working at EY offers We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical coverage. Plus, we offer: Support and coaching from some of the most engaging colleagues around. Opportunities to develop new skills and progress your career. The freedom and flexibility to handle your role in a way that’s right for you. What we offer you At EY, we’ll develop you with future‑focused skills and equip you with world‑class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $146,700 to $335,100. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $176,000 to $380,800. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Join us in our team‑led and leader‑enabled hybrid model. Our expectation is for most people in external, client‑serving roles to work together in person 40–60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well‑being. EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law. EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at View email address on click.appcast.io. #J-18808-Ljbffr Ernst & Young Advisory Services Sdn Bhd