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Assistant Vice President, Accounting Operations Leader - Remote

Posted 5 days ago
Finance / Legal
Full Time
Worldwide
$140,000 - $180,000 USD/year

Overview

The Assistant Vice President, Accounting Operations Leader for TPA, Cash, Debt, Expense and AP, plays a key leadership role in ensuring the accuracy, integrity, and timeliness of the non-investment accounting general ledger balances and related accounting across all legal entities and reporting bases within the organization.

In Short

  • Oversee all operational accounting activities including R2R, A/P, A/R, T&E, TPA, corporate expenses, debt, and fixed assets.
  • Ensure compliance with internal policies for intercompany allocations and settlements.
  • Manage quarterly ledger feeds, new account setups, and ensure accurate legal entity allocations.
  • Lead the development and submission of FCA Re. accounting packages.
  • Monitor and ensure alignment with accounting policies across all operational entries.
  • Drive execution of reconciliations and controls over cash, vendors, and intercompany processes.
  • Coordinate approvals and work with Treasury to settle intercompany balances monthly.
  • Identify opportunities to streamline, automate, and standardize operational processes.
  • Lead and mentor a team of accounting professionals.
  • Promote a culture of continuous improvement, automation, and accountability.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field; CPA or CA preferred.
  • 10+ years of progressive financial management experience, with at least 5 years in a leadership role.
  • Thorough knowledge of Life & Annuity (re)insurance industry accounting principles.
  • Strong knowledge of US GAAP/US STAT/SFS and EBS accounting rules.
  • Excellent leadership, communication, and interpersonal skills.
  • Proficiency in financial software and ERP systems (e.g., SAP, Workday).
  • Strategic thinking and problem-solving abilities.
  • High level of integrity and dependability.
  • Strong analytical skills with attention to detail.
  • Ability to manage multiple priorities and meet tight deadlines.

Benefits

  • Annual bonus based on company and individual performance.
  • Generous benefits package.
Fortitude Re logo

Fortitude Re

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a prominent provider of legacy reinsurance solutions, collaborating with leading insurance companies to implement comprehensive and transformative strategies for legacy Life & Annuity and Property & Casualty lines. With a general account management of approximately $111 billion, Fortitude Re is backed by a consortium of sophisticated institutional investors, including The Carlyle Group and T&D Insurance Group. Established in Bermuda in 2017, the company boasts a leadership team with an average industry tenure of over 20 years, known for their expertise in managing complex legacy liabilities. Fortitude Re leverages deep insurance experience and proprietary risk modeling capabilities to create tailored transactions that benefit both insurance companies and policyholders, while continuously seeking innovative solutions for the global insurance market.

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