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Full-Time

Associate – Investment Accounting

Confirmed live in the last 24 hours

Global Atlantic

Global Atlantic

1,001-5,000 employees

Provides capital and risk management solutions

Fintech
Financial Services

Compensation Overview

$82k - $156kAnnually

+ Annual Cash Bonuses + Long-term Incentives + Sales Incentives

Mid

No H1B Sponsorship

Boston, MA, USA

Hybrid position; in-office presence required 3-4 days per week.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Real estate accounting background (preferred)
  • Bachelor’s degree in Accounting or Finance. CPA, MBA, CFA preferred.
  • 5-7 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 investments.
  • Familiarity with complex transactions, internal securitizations and SPVs.
  • Strong analytical skills.
  • Familiarity with investment accounting systems.
  • 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.
Responsibilities
  • Work cross functionally to recognize and record complex new real estate acquisitions and dispositions
  • Responsible for the monthly investment and suspense reconciliations primarily for real estate investments. This entails 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.

Global Atlantic Financial Group specializes in providing capital and risk management solutions for retirement and life insurance companies. They offer products like annuities, which provide a steady income stream for retirees, and focus on building long-term partnerships with clients to understand their unique financial goals. Unlike many competitors, Global Atlantic emphasizes a client-centric approach, tailoring solutions to meet specific needs. Their goal is to foster a purpose-driven culture that prioritizes integrity and community commitment.

Company Stage

Private

Total Funding

$1B

Headquarters

New York City, New York

Founded

2004

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The 10-year partnership with Service Corporation International positions Global Atlantic as a leader in the preneed insurance market.
  • Expansion plans across multiple offices indicate robust business growth and job creation opportunities.
  • Sponsorship of initiatives like Fintech Sandbox showcases Global Atlantic's commitment to innovation and support for fintech startups.

What critics are saying

  • The financial services sector is highly competitive, requiring continuous innovation to maintain market position.
  • Dependence on partnerships, such as with Service Corporation International, could pose risks if these relationships falter.

What makes Global Atlantic unique

  • Global Atlantic's focus on both in-force and new business needs sets it apart from competitors who may only specialize in one area.
  • Their client-centric approach ensures tailored solutions, which is a significant advantage in the highly personalized financial services sector.
  • The company's strong emphasis on integrity and community investment enhances its reputation and client trust, distinguishing it from less community-focused competitors.

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