My global financial services and insurance client in New York is seeking a 2nd VP of Accounting & Financial Reporting to report directly into the VP of Finance.
This would require being onsite 4x per week in Manhattan.
Qualified applicants must have the following:
- US Citizen or Green Card holder
- 8+ years of finance and accounting experience
- CPA designation
- Insurance or reinsurance industry experience
- IFRS and STAT experience
Compensation is $275K base salary + bonus (possible sign-on as well) + benefits
General Responsibilities:
- Financial Statement Ownership: Oversee the accurate production and timely filing of all IFRS and Statutory financial packages, ensuring full alignment with regulatory mandates.
- Accounting Function Management: Direct both technical reinsurance accounting (reserves, claims, premiums) and non-technical balances (intercompany, pensions, investments).
- Team Supervision: Lead, mentor, and evaluate the general accounting and reinsurance accounting teams to ensure precise entries, reconciliations, and data analytics.
- Global Governance Alignment: Coordinate with the parent company's accounting division to maintain consistent global IFRS standards and reporting requirements.
- Process Enhancement: Modernize end-to-end technical accounting workflows, actively identifying process gaps and updating the control framework.
- Sub-Ledger & Special Asset Review: Evaluate complex analyses, footnote disclosures, and fluctuation reviews for investment portfolios and other specialized corporate accounts.
- Technical Accounting & Policy Research: Conduct technical research to resolve reporting issues for unique investment vehicles and new, complex reinsurance structures.
- Internal Controls & Compliance: Manage the documentation and enforcement of internal accounting controls to satisfy MARSOX and ORCS frameworks.
- Tax Workstream Optimization: Develop and implement advanced income tax reporting strategies tailored specifically to the life insurance industry.
- Strategic Executive Support: Partner with the CFO and VP of Finance to supply strategic performance data and financial summaries for Board and Audit Committee presentations.
- Deal Lifecycle Integration: Collaborate with front-office teams to address compliance, accounting, and disclosure requirements for new reinsurance transactions.
- Audit Management: Function as the central point of contact for all internal and external audit engagements.