Accountant - Full time hire

19 Jun 2024

Vacancy expired!

Hello Friends,One of our client actively looking for Accountant role, please see below job and let me know if you are interested then Apply.

Job Description

Overview

Responsible for accounting for investments of all entities, including the General Fund (US and Canada), non-profit charitable entities, 4th degree fund, and pension portfolios. Provides supervision of and guidance to Investment Accountant.

Maintains monthly accounting for alternative investments and communicates directly with investment managers to ensure proper accounting of capital contributions and distributions and investment income. Performs or reviews monthly account reconciliations along with preparing and maintaining various control reports associated with the Investment Accounting operations. Prepares/reviews quarterly financial statement workpapers prepared by Investment Accountant in Workpaper Manager. Performs medium-to-complex level analysis of investment related items, including analysis of fair and book values, unrealized and realized gains/losses, investment income, and other items as needed. Responsible for the preparation of quarterly and year-end schedules for external audit and year-end surveys from rating agencies and associations. Prepares/reviews preparation of investment related footnotes for audited financial statements for all entities and funds.

Core Responsibilities

  • Maintains effective controls for monitoring transactions of investment securities between Clearwater and bank. Coordinates with custodial banks, and Clearwater to ensure clearance if a problem arises with a transaction.
  • Performs monthly closings for investment accounting software systems, general ledger interface feeds and reconciliation of the investment accounting subsidiary investment ledgers to the general ledger. Prepares/reviews the reconciliation process of the investment accounting software systems. Performs control checks of information reported in investment accounting system to ensure accuracy and completeness. Monitors input work from the Investment Department.
  • Maintains the accounting for alternative investments, ensuring that capital contributions and distributions, investment income, and capital commitments are recorded accurately in the general ledger and financial statements. Interacts with Investment Department and external investment managers as needed.
  • Performs analysis of investment results, trends, and other metrics as requested.
  • Prepares/reviews preparation of investment related footnotes in audited financial statements for all entities and funds.
  • Prepares/reviews quarterly and annual workpapers used to support the investments related financial statement close process in Workpaper Manager.
  • Prepares/reviews monthly, quarterly, or year-end schedules as requested by management, external auditors, and various year-end surveys.
  • Review and research of daily investment compliance violations listed in Bloomberg.

Essential Competencies

Professionalism/Personal Accountability, Collaboration and Teamwork, Communication, Flexible and Adapts to Change, Service to Customers and Clients, Talent Development, Leadership

Skill Qualifications

Required:
  • Accuracy and detail orientation
  • Knowledge of investment products and ability to analyze investment holdings and earnings
  • Knowledge of IFRS and US GAAP accounting and reporting
  • Knowledge of NAIC requirements and statutory accounting
  • Organizational and coordination skills to support multi-tasking
  • Strong oral and written communication skills
  • Advanced analytical and problem-solving skills

Systems/Technical Knowledge:
  • SAP, Workbench, SOVOS - Wings and Impromptu
  • Bloomberg system, PAM for Mortgages, Clearwater Analytics
  • Microsoft Office, including Word, Excel and PowerPoint

Education and Experience Qualifications

Required:
  • BS in Accounting
  • 4-6 years investment accounting experience, preferably within an insurance company, or equivalent combination of training and experience

Preferred:
  • CPA preferred

  • ID: #43293572
  • State: Connecticut New haven 06501 New haven USA
  • City: New haven
  • Salary: Depends on Experience
  • Job type: Permanent
  • Showed: 2022-06-19
  • Deadline: 2022-08-12
  • Category: Accounting/finance