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Senior Associate, Investment Accounting Controllers
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$99k-120k (estimate)
Full Time 1 Week Ago
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New York Life Insurance Co is Hiring a Senior Associate, Investment Accounting Controllers Near New York, NY

Location Designation: Hybrid - 3 days per week
When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.
Position Summary:
The mission of the Accounting Operations team of the Corporate Controllers Department is to partner with our stakeholders by understanding their needs to ultimately provide a service that is superb, timely and valuable, while simultaneously expanding and improving our service capabilities.
This position will have ownership over the accounting and controls of New York Life Insurance and its subsidiaries. The role requires strong accounting & analytical skills, clear and concise communication and a willingness to challenge the status quo. The individual occupying this position will work to ensure the integrity of the general ledger, deliver timely and accurate financial reporting and drive continuous improvement in our processes. The role will provide in depth institutional knowledge, exposure to all aspects of the Company's financials and the opportunity to increase technical skills using new technology.
Primary Responsibilities:
This Senior Associate position will primarily be located in our New York office working with our offshore partners and will have ownership for the following primary responsibilities:
  1. Oversight of certain journal entries and account reconciliations.
  2. Stewardship of the general ledgers (Statutory Accounting and Management Reporting).
  3. Analysis and review of quarterly and annual results.
  4. The production and coordination of business schedules within quarterly financial results package.
  5. Adherence to MAR/SOX compliance including documenting, testing, and reviewing controls and procedures.
  6. Interaction with our external auditor, PwC, related to their performance of the annual financial statement audits.
  7. Continuously seeking faster and more efficient delivery of data and analytics, as well as more effective controller & business insights.
  8. Perform accounting research and develop recommendations related to technical issues.
Qualifications:
A successful candidate should have
  1. A bachelor's degree in Accounting or Finance (a master's degree is desirable but not required)
  2. At least 3-5 years of financial reporting experience in the insurance or financial industry.
  3. Possess an understanding of Statutory accounting rules, procedures and internal controls and keeps up to date with current trends.
  4. Expert level knowledge of Excel and other reporting, analytical or programming tools is crucial to facilitate continuous improvement.
  5. A self-motivated individual with strong interpersonal skills who demonstrates a high level of self-awareness, professionalism and integrity in all interactions is required.
  6. Knowledge of SAP S/4, Wdesk, and AFO is a plus
  7. Strong understanding of financial controls
Salary range: $72,500-$107,500
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
Job Requisition ID: 90122
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Job Summary

JOB TYPE

Full Time

SALARY

$99k-120k (estimate)

POST DATE

04/28/2024

EXPIRATION DATE

05/11/2024

WEBSITE

newyorklife.com

HEADQUARTERS

NEW YORK, NY

SIZE

7,500 - 15,000

FOUNDED

2015

CEO

THEODORE A MATHAS

REVENUE

$10B - $50B

INDUSTRY

Insurance

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About New York Life Insurance Co

Youll find all that and more as a New York Life Financial Professional. At New York Life, we believe its possible to get ahead and do the right thing. This career isnt for everyone, but the best Agents and Managers in our company will tell you theres nothing else like it. Successful Agents at New York Life come from many different cultures and backgrounds. Most have dreams like yours. And life stories nothing like yours. Thats one reason our Company is a great place to build your career. Are you looking for an opportunity to grow as a professional in a well-established companyone that provides... a support structure to help you succeed? At New York Life, our generations of experience, combined with your hard work and entrepreneurial spirit, can give you the competitive advantage you need in a rapidly changing career landscapeeven if you dont have experience in selling financial products. With the support of experienced managers and agents, youll have the opportunity to learn and can begin shaping the career you want, backed by a company thats kept the promises its made for 170 years. And its not just monetary rewards youll be earning. Your work as an agent lets you make a real difference in your community. Want to hear more? Lets talk. Making a difference and building relationships. Getting ahead by doing the right thing is exactly what New York Life agents do every day. If youre looking to make a real difference by helping people in your community achieve financial security, then this might just be the career youre looking forone that puts you in control. In fact, our agents are recognized among the best trained and most knowledgeable in the industry. When you join New York Life, its not about where youve come from; its about where you want to go. Lets talk further about the opportunities that New York Life can offer you. Contact me today! More
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