Job Description
The Senior Accountant - Investments is responsible for supporting the financial accounting, internal controls, budgeting, and financial reporting for the Company’s investment portfolio, including assuming responsibility for some areas. This role is also responsible for supporting projects to enhance the efficiency and effectiveness of reporting requirements in an increasingly complex environment, including leading smaller projects or certain workstreams within larger projects. The role may have close interaction across multiple functional areas of the business and work with the wider Finance Team to add value across relevant business areas. The role provides opportunities to develop specific skillsets and to progress within a dynamic team.
RESPONSIBILITIES INCLUDE:
Support the AVP, Controller – Investments in all aspects of monthly and quarterly investment portfolio reporting including, but not limited to, internal Management and Board reporting, external SEC reporting, GAAP and statutory reporting
Primary review of standard monthly investment reporting packages and posting of journal entries
Complete the periodic reconciliation of underlying investment data to general ledger and the analysis to support the valuation of the investment portfolio
Preparation of monthly journal entries to account for the valuation and transactions relating to the Company’s Private Credit & Private Equity funds
Complete periodic processes and internal controls to meet the requirements of Section 404 of Sarbanes-Oxley (SOX 404) and monitor and enhance the SOX 404 environment to ensure an efficient and effective internal control environment
Assist in the preparation of weekly investment analyses for senior management
Liaise with internal and external auditors to provide support required to conduct audits
Liaise with external investment accounting service provider with respect to the monthly close process, ensuring resolution of any identified issues, on an as needed basis
Assist in the research and preparation of accounting memoranda supporting the US GAAP treatment for complex investment and derivative transactions
Support the Global Finance function with strategic projects and initiatives, as needed
Support the Global Finance function with respect to the quarterly close and financial reporting process, as needed
EDUCATION, SKILLS & EXPERIENCE:
A University degree essential with emphasis on business, finance, or accounting
Professional accounting designation required (e.g. CPA, CA, ACA)
At least 2 years of Big Four audit experience, preferably with focus on investments or asset management engagements
Experience with public companies and SOX 404 is advantageous
Solid and demonstrable knowledge of US GAAP and experience of the specific working application of ASC 320, ASC 815, ASC 820, ASC 825
Proven problem solving and analytical skills
Proven ability to prioritize workload and meet deadlines
Ability to work on own initiative and complete work in a methodical, thorough and organized manner
Be an efficient and effective team member and participate fully to achieve team goals
Excellent numerical skills and keen attention to detail
Proficiency in the use of computer systems and applications (Microsoft Office Suite, etc.)
Strong working knowledge of general ledger and other accounting sub-systems is advantageous
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Top Skills
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving. Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval. We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild. Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives. RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
