Director Of Investment Accounting

Overview

• Lead investment accounting and regulatory reporting for a global asset management firm.
• Ensure compliance with statutory accounting standards and regulatory requirements.
• Collaborate with stakeholders to implement accounting changes and develop strategic plans.
• Conduct technical accounting research and monitor regulatory developments.
• Manage securities filings and ensure accurate reporting to regulatory bodies.
• Mentor and develop a team of investment accounting professionals.
• Engage in industry discussions and provide expertise on regulatory updates.
• Contribute to the firm's Bermuda statutory accounting requirements.
• Work in a hybrid environment with opportunities for professional growth.

Key Responsibilities & Duties

• Ensure accurate statutory filings and sub-ledger systems in compliance with accounting standards.
• Implement statutory accounting changes and coordinate with cross-functional teams.
• Conduct technical research on emerging accounting pronouncements.
• Participate in industry discussions and monitor regulatory guidance updates.
• Test and utilize regulatory updates in accounting software systems.
• Manage securities filings with NAIC’s Securities Valuation Office.
• Collaborate with portfolio managers on NAIC ratings and securities analysis.
• Serve as a subject matter expert on statutory bond definitions guidance.
• Mentor and develop investment accounting professionals across onshore and offshore teams.

Job Requirements

• Bachelor’s degree in Accounting, Finance, Business, or related field.
• CPA, MBA, or relevant certifications preferred.
• Minimum 8 years of experience, with 10 years preferred.
• Expertise in fixed income and investment accounting within insurance settings.
• Proficiency in investment accounting systems, SVO ratings database, and ERP systems.
• Strong organizational skills and attention to detail.
• Excellent communication skills and ability to engage with stakeholders.
• Knowledge of US Insurance Company statutory guidance and Bermuda statutory accounting requirements.
• Ability to manage and mentor teams effectively.