Director, Accounting Policy, Investments

Description and Requirements

MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to individual and institutional customers. We're united by our purpose to help our customers and each other create a confident future; we're guided by empathy; and we're inspired by each other to make a difference in the lives of our coworkers, customers, communities, and the world at large. At MetLife, it's #AllTogetherPossible . Join us!
This role reports to the AVP - Corporate Accounting Policy and Group Operations within the Technical Accounting Group (TAG). TAG has the corporate-wide responsibility (1) to establish, monitor and provide assurance that the accounting policies of MetLife worldwide are in accordance with applicable authoritative guidance, (2) to partner with business unit personnel across all regions and lines of business to ensure timely and accurate implementation, interpretation and administration of these policies and (3) to influence standard setters to ensure prospective changes to accounting principles fully consider the views of MetLife and the insurance industry.
This position would primarily support development of accounting policies and accounting advisory work supporting our investment portfolio in our general account portfolio as well as supporting our third-party asset management business in MetLife Investment Management Group (MIM).
This role requires significant knowledge of US GAAP, US Statutory and IFRS as they apply to various investment products and funds; project management and experience in financial controls and processes would be an asset.

• Performs research and develops recommendations associated with investments held by our general account portfolio and/or managed by MIM.
• Perform reviews of the financial statement disclosures associated with investment transactions under both US GAAP and US Statutory, including the review of various notes to the financial statements and prepares recommendations for the resolution of accounting issues that arise during this process.
• Develops accounting recommendations associated with various strategic initiatives, including overseeing the implementation and operationalization of those accounting recommendations.
• Develops and delivers relevant and timely education sessions to finance and other personnel.
• Monitors developments under US GAAP and US Statutory and provides a summary of potential implications associated with the proposals in partnership with internal stakeholders.

Required:

• Ability to analyze complex accounting issues and transactions and develop accounting conclusions and recommendations.
• Strong presentation skills - ability to explain and summarize complex concepts in accurate and practical terms, alternative accounting treatments and associated cost / benefits to stakeholders.
• Ability to work across matrix organization to review and develop accounting alternatives and recommendations.
• Experience in accounting for a variety of asset types, including financial instruments and alternative investments.

Preferred:

• CPA license required to be maintained , Undergraduate degree required, MBA or other advanced degree preferred.

The salary range for applicants for this position is 107,600 - 165000.

Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!

Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies" as well as the 2023 Fortune 100 Best Companies to Work For ®, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
Equal Employment Opportunity/Disability/Veterans
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
107,600 - 165000
#BI-Hybrid