Assistant Vice President - Finance

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.

EMPLOYER: Global Atlantic Financial Company (a KKR company)

RESPONSIBILITIES  

•    Prepare financial and accounting reports to support business operations, financial reporting, and regulatory requirements. 
•    Analyze financial data and support reporting processes in accordance with U.S. GAAP, Statutory, and applicable regulatory framework. 
•    Support financial reporting and accounting processes within a public company environment. 
•    Perform accounting analysis related to financial services and insurance-related activities, including reinsurance and investment-related transactions; support audit and internal controls processes, including interacting with internal and external auditors. 
•    Utilize Excel and financial systems, including Workiva and Clearwater Analytics, to analyze data and support reporting and reconciliation activities. 
•    Prepare technical accounting documentation and support research of complex accounting issues. 
•    Partner with multiple teams, including finance, treasury and operations to ensure accuracy; support process improvement and automation initiatives to enhance efficiency of financial reporting and data management.  
•    Support analysis of financial, actuarial, and operational data to ensure accuracy and consistency. 
•    Support regulatory and management reporting processes and identify variances and trends; and prepare financial analyses and summaries for senior management. 
•    Telecommuting permitted up to 20% of the week.

QUALIFICATIONS 

•    This position requires a Bachelor’s degree in Accounting, Finance or related field of study plus seven (7) years of experience in the job offered or as Assistant Vice President – Finance, Senior Manager, Financial Reporting and Technical Accounting, Manager, SEC Reporting and Technical Accounting, Manager, Risk and Compliance, Assurance Associate or related occupation.
•    This position requires 7 years of experience with: applying U.S. GAAP to complex transactions, including insurance and investment accounting; identifying and implementing finance process improvements, workflow optimization, or automation initiatives; and working with multinational sites or component teams. 
•    This position requires 5 years of experience with: supporting audit and internal control activities, including the design and execution of key controls, preparation of audit workpapers, and direct interaction with internal and external auditors during quarterly reviews and annual audits; utilizing advanced Excel functions (including pivot tables, VLOOKUP, INDEX/MATCH, and macros) and enterprise financial systems including Workiva for SEC filings, consolidation systems for financial consolidation and planning, and Clearwater Analytics for investment portfolio accounting and reconciliation to analyze and validate large datasets; preparing technical accounting memoranda documenting the application of ASC 944, ASC 820, ASC 326, and other complex accounting standards, and researching emerging accounting issues under FASB guidance; identifying, designing, and implementing process improvement and automation initiatives to enhance the accuracy and efficiency of financial reporting workflows; working with international component teams; and synthesizing complex financial and accounting information into clear, concise communications for senior leadership, including the preparation of board-level presentations, executive dashboards, and management discussion materials.
•    This position requires 4 years of experience with: performing finance and accounting functions in the insurance or reinsurance industry or in public company environments, including the preparation and review of financial statements, variance analysis, consolidation entries, and regulatory filings and related compliance requirements; working within or for publicly traded companies subject to SEC reporting requirements, including supporting quarterly and annual financial reporting cycles, coordinating with internal and external auditors, and maintaining compliance with Sarbanes-Oxley internal control requirements; reinsurance and insurance accounting, including funds withheld at interest arrangements, modified coinsurance structures, loss reserve development, ceded reinsurance arrangements, and both U.S. GAAP and statutory basis investment accounting in accordance with NAIC guidelines; managing cross-functional processes spanning finance, treasury, investment operations, actuarial, and compliance teams to ensure alignment on accounting positions, transaction reporting, and period-end close activities; applying regulatory and supervisory reporting frameworks, including preparation of statutory financial statements, risk-based capital calculations, and filings with state insurance departments. 
•    Telecommuting permitted up to 20% of the week.

Location: Two International Place, Boston, MA 02110

Job Type:  Full-time, 40 Hours a week, Monday-Friday

Salary: $185,000 - $185,000 per year.   

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