Supervisor Investment Accounting

Overview

• Lead investment accounting operations, ensuring compliance with U.S. GAAP and Statutory Accounting standards.
• Provide strategic guidance and mentorship to team members for optimal performance and growth.
• Oversee daily accounting operations and monthly financial closes for diverse investment portfolios.
• Prepare accurate financial disclosures and external reporting documents adhering to regulatory requirements.
• Collaborate with cross-functional teams to enhance accounting processes and resolve system-related challenges.
• Conduct research on technical accounting matters and provide insights on complex investment transactions.
• Participate in projects involving investment accounting software implementations and upgrades.
• Stay informed on market trends and evolving accounting practices to ensure compliance and innovation.

Key Responsibilities & Duties

• Monitor and manage monthly and quarterly financial closes for investment portfolios.
• Provide day-to-day leadership and issue resolution for accounting staff.
• Drive process improvements for recording and reconciling journal entries efficiently.
• Ensure accurate U.S. GAAP and Statutory accounting entries for alternative investments.
• Prepare detailed analyses supporting financial reporting and external inquiries.
• Coordinate workflows with other supervisors and communicate resolutions effectively.
• Provide investment-related data for surveys and external ratings.
• Maintain expertise in market trends and accounting standards to ensure compliance.

Job Requirements

• Bachelor’s degree in Accounting required; CPA certification preferred.
• Minimum 5 years of experience in financial services; insurance industry experience is advantageous.
• Proficiency in investment accounting software (Clearwater preferred) and general ledger applications (Oracle and HFM).
• Advanced Excel skills, including logical formulas and pivot tables.
• Knowledge of ASC Topics 320 through 326 and foreign currency matters.
• Strong analytical skills and ability to prepare detailed financial disclosures.
• Experience with STAT reporting and WINGS system preferred.
• Big 4 experience is a plus, showcasing advanced accounting expertise.