Associate, Investment Accounting

Reposted 11 Days Ago
Be an Early Applicant
Boston, MA
In-Office
100K-130K
Senior level
Insurance
The Role
Support accounting for renewable energy investments, perform month-end reconciliations, and prepare GAAP disclosures while collaborating with functional teams.
Summary Generated by Built In

About Global Atlantic 

Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S., Bermuda, and Japan. As a wholly-owned subsidiary of KKR (NYSE: KKR), a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR’s powerful investment capabilities to deliver long-term financial security for millions of individuals worldwide. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence. For more information, please visit www.globalatlantic.com. 

Position Summary:

Global Atlantic is seeking a candidate to support the accounting for renewables and infrastructure investments which entails preparing the monthly ledger reconciliations to validate the accuracy of the investment results provided by various third-party administrators (“TPA”) on a GAAP basis and preparation of required GAAP 10Q/K investment disclosures for these. All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, and have a proven ability to execute results timely and accurately as well as adherence to strict deadlines. All candidates must have excellent verbal and written communication skills as well as strong organizational and interpersonal skills.

Responsibilities include, but are not limited to:

  • Work cross functionally to recognize and record complex new renewable energy and infrastructure investment acquisitions and dispositions
  • Responsible for the monthly investment and suspense reconciliations primarily for renewable energy and infrastructure investments. This includes the ledger and TPA statements for various subsidiaries on a GAAP basis; including preparing and reviewing journal entries, account reconciliations and other investment accounting activities.
  • Perform month end closing procedures, including analytical reviews of Special Purpose Vehicle (“SPV”) financial statements, income statement and balance sheet.
  • Perform control functions in compliance with Sarbanes-Oxley Section 404 and NAIC Model Audit Rule.
  • Prepare monthly management reports that provide analysis of investment results.
  • Oversight and monitoring of activity in each SPV assigned.
  • Perform ad hoc analysis and assist with special projects, as requested.
  • Collaborate with functional teams, including Auditors on requests and periodic monitoring of investments.

Candidate Qualifications:

  • Renewable energy investment accounting background (strongly preferred)
  • Bachelor’s degree in Accounting or Finance, CPA a plus
  • 7-10 years of relevant experience.  
  • Public Accounting experience a plus.
  • Strong technical accounting skills and knowledge of GAAP and knowledge of Statutory accounting principles related to renewable energy investments.
  • Familiarity with complex transactions, internal securitizations and SPVs.
  • Familiarity with investment accounting systems.     
  • Strong analytical skills.
  • Excellent computer skills, including MS Excel.
  • Pro-active, detail oriented, deadline driven; possess excellent documentation and analysis skills.
  • Results oriented, flexible, self-motivated, and able to work in a team environment with limited direct supervision.
  • Solid written and oral communication skills.
  • Proven ability to successfully handle competing priorities and multiple deliverables.
  • To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time


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 position is $100,000-$130,000.


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Privacy Statement

Our employees are in the office 5 days per week in New York and 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to [email protected]

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. 

Top Skills

Gaap
Investment Accounting Systems
Excel
Statutory Accounting Principles
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The Company
Batesville, IN
1,140 Employees
Year Founded: 2004

What We Do

Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.

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