Director of Investment Accounting - Remote

Overview

The Director of Investment Accounting is responsible for overseeing the accounting and financial reporting for insurance company investments. This role requires strong knowledge of Statutory and GAAP accounting standards to ensure the timely and accurate reporting of investment transactions. The ideal candidate will have experience with structured securities, options, limited partnerships, and commercial mortgage loan investments, with a particular emphasis on the equity method of accounting.

In Short

• Oversee daily investment accounting transactions within the investment accounting system.
• Prepare and review financial statement disclosures related to the investment portfolio.
• Conduct thorough review of reports, reconciliations, and analyses of investment-related accounts.
• Lead and develop a team of investment accounting professionals.
• Work closely with custodian banks and external investment managers.
• Analyze investment accounting results and communicate insights to management.
• Ensure proper documentation of accounting policies and internal controls.
• Maintain relationships with internal and external auditors.
• Identify opportunities for process efficiency improvements.
• Research regulatory developments impacting investment accounting.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 8+ years of experience in investment accounting or financial reporting.
• Strong understanding of Statutory and GAAP accounting standards.
• Experience with structured securities and commercial mortgage loans.
• Proficiency in the equity method of accounting.
• Demonstrated leadership and team management skills.
• Strong analytical skills and attention to detail.
• Excellent communication and collaboration skills.
• Ability to streamline processes in accounting and reporting.
• Proficiency in investment accounting systems and financial reporting tools.

Benefits

• Competitive salary based on experience.
• Comprehensive benefits package.
• Opportunities for professional development.
• Supportive work environment.
• Flexible working arrangements.