AVP, Investment Accounting Operations and Reporting
COMPANY OVERVIEW
Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.
We are looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us.
The KKR-Global Atlantic partnership - The Global Atlantic Story
Greenhouse is our scheduling tool and we communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling.
Position Summary:
Global Atlantic is seeking a candidate to join the Investment Accounting team and be responsible for the accounting operations and the review of the investment reconciliation between Clearwater and the general ledger ensuring the accuracy, integrity and adequate substantiation of the investment balances supporting the GAAP and STAT Investment Controllership areas within Investment Accounting. This individual 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. Ability to process and analyze a high level of data from various sources is a must. Collaborating with multiple functions and departments is a critical component of this role requiring excellent interpersonal skills, flexibility and critical thinking. All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, and strong organizational skills.
Responsibilities include, but are not limited to:
- Review of the investment reconciliation between Clearwater and the general ledger; including journal entries, account reconciliations and account certifications
- Ownership of month end closing procedures including analytical reviews of investment balances, unsettled trades, suspense accounts to support the accuracy of our financial statements
- Ownership of the investment close process, which includes working closely with Clearwater and Investment Operations to ensure accurate and timely completion of all aspects of the investment close in the Clearwater system
- Ensuring timely clearing of suspense activity, proper recognition of investment-related transactions in the general ledger through partnership with Investment Accounting third-party service providers and finance-wide stakeholders
- Preparation and review of the quarterly Statement of Cash Flow for investments
- Supporting GAAP and STAT investment controller teams regulatory reporting for annual filings
- Preparation of the flux analysis across multiple basis
- Ensure that transactional activity in Clearwater supports the required accounting
- Ownership monthly Blackline certifications (BSS process) and general ledger mapping
- Provide support for audit requests
- Perform control functions in compliance with Sarbanes-Oxley Section 404 and NAIC Model Audit Rule.
- Facilitate mentorship and professional development for junior staff members
- Assist with ad-hoc projects as needed
Candidate Qualifications:
- Bachelor’s degree in Accounting or Finance.
- 8-10 years relevant professional experience in Investment Accounting or Investment Operations,
- Knowledge in insurance company Investment US GAAP and Statutory accounting and reporting with a foundational understanding of the upstream processes and impacts to downstream accounting and reporting.
- Knowledge of SOX controls and public company experience
- Experience with Clearwater Analytics preferred
- Proven ability to successfully handle close processes, competing priorities and multiple deliverables
- Excellent computer skills, including MS Excel, Hyperion query tools (FCC, Essbase), Peoplesoft platforms, data warehouse a plus
- Strong focus on process improvement and automation
#LI-WC1
#LI-hybrid
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
$102,500—$195,500 USD
Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.
TOTAL REWARDS STATEMENT
Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.
We are active in our communities-
- New York: StreetWise Partners, Covenant House, Partnership for New York City, City Meals on Wheels, Habitat for Humanity, Billion Oyster Project
- Boston: Cradles to Crayons, Boston’s Healthcare for the Homeless, Thompson Island Outward Bound, Rosie’s Place, Catie’s Closet, Project Bread, Rise Against Hunger, Space to Thrive
- Hartford: Junior Achievement, Habitat for Humanity, Oliver’s Pajama, United Way
- Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
- Batesville: So Loved Ripley County Foster Closet, Safe Passage Family Shelter, YES Home Juvenile Rehabilitation, Ripley County Community Foundation
- Des Moines: United Way of Central Iowa, Meals from the Heartland, Junior Achievement, Math Motivators, Bidwell Riverside, Orchard Place, Knock and Drop
- Berwyn/Wayne: Habitat for Humanity, Chester County Food Bank, Surrey Services, For Pete’s Sake Respite
- Bermuda: Keep Bermuda Beautiful, Center Against Abuse, Truck Island Nature Reserve, Bermuda Economic Development Corporation
Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.
Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws. More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.
Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you are hired and require an accommodation for any protected status, please email [email protected].
Please click on the links below to learn more about Global Atlantic.
Global Atlantic Privacy Statement
Our employees are in the office 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact [email protected].