Senior VP, Investment Accounting

Position Summary:

Global Atlantic is seeking a candidate to lead a centralized function within investment accounting responsible for all aspects of the accounting operations and investment reconciliation between Clearwater and the general ledger ensuring the accuracy, integrity and adequate substantiation of the investment balances, investment analytics and delivery of investment data. This individual will manage a team of investment accounting professionals at various levels, supporting the GAAP and STAT Investment Controllership areas within Investment Accounting and would be required to bridge the operations and the accounting for investment activity to support the accounting and reporting. This position will also support cross functional initiatives related to process enhancements and redesign related to achieving concurrent and consistent delivery of investment results across multiple basis.  All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, and strong organizational and interpersonal skills.

PRINCIPAL DUTIES & RESPONSIBILITIES

Responsibilities include, but are not limited to:

• Lead teams responsible for:
  • all aspects of the investment reconciliation between Clearwater and the general ledger; preparing journal entries, account reconciliations, account certifications and flux analysis across multiple basis
  • daily monitoring and clearing of suspense activity, suspense substantiation and related controls
  • month end closing procedures including analytical reviews of investment balances, unsettled trades, suspense accounts to support the accuracy of our financial statements
  • coordination of the accounting consolidations and intercompany eliminations of SPV structures.

• Management and design of SOX controls and enhanced processes to support the completeness and accuracy of investment accounting reconciliations.

• Lead the accounting operations for new investments in partnership with the GAAP and STAT Investment Controllership teams and accounting policy

• Identify and direct process improvements within Investment Accounting that support cross functional initiatives for concurrent and consistent delivery of investment accounting results

• Proactively manage developments in accounting for investments in collaboration with the GAAP and STAT Investment Controllership teams and accounting policy

• Perform control functions in compliance with Sarbanes-Oxley Section 404 and NAIC Model Audit Rule.

REQUIREMENTS

Candidate Qualifications:

• Bachelor’s degree in Accounting or Finance, CPA.  
• 15+ years of relevant experience.  
• Expert knowledge in insurance company Investment GAAP and Statutory accounting and reporting with a foundational understanding of the upstream processes and impacts to downstream accounting and reporting for fixed income; including complex structured securities and loans and intercompany relationships from internal securitizations.
• Expert knowledge in insurance company Investment US GAAP and Statutory reporting with the ability to translate the guidance to operational execution.
• Knowledge of SOX controls and public company experience
• Proven ability to successfully manage close processes across multiple teams with timely and accurate delivery of financial results
• Strong analytical skills, ability to analyze financial results.
• Very strong ability to effectively communicate complex accounting to different stakeholders in the organization at all levels through written, verbal and interpersonal skills

Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office. 

Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives.  Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives. 

The base salary range for this role is

$177,000—$280,000 USD

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