What are the responsibilities and job description for the VP, Accounting Policy Services position at Arch Capital Group Ltd.?
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
We are seeking a candidate to join our Corporate Finance Team as a Vice President, Accounting Policy Services located in White Plains, NY. This individual will lead US GAAP accounting research and documentation in conjunction with a variety of non-standard transactions that may arise in our worldwide insurance, reinsurance and mortgage operations. Additionally, they will work on new or proposed accounting standards set forth by the FASB and/or SEC, and other general corporate accounting matters. The ideal candidate must have strong written and oral communication skills, an analytical mindset, and the ability to multitask to effectively manage his or her time across various roles and responsibilities.
This individual will report to the EVP, Deputy CFO. This role may require limited travel. This role is hybrid from White Plains, NY with two days in the office, and three days remote.
Job Responsibilities
$167,195 - $226,205/year
10200 Arch Capital Services LLC
We are seeking a candidate to join our Corporate Finance Team as a Vice President, Accounting Policy Services located in White Plains, NY. This individual will lead US GAAP accounting research and documentation in conjunction with a variety of non-standard transactions that may arise in our worldwide insurance, reinsurance and mortgage operations. Additionally, they will work on new or proposed accounting standards set forth by the FASB and/or SEC, and other general corporate accounting matters. The ideal candidate must have strong written and oral communication skills, an analytical mindset, and the ability to multitask to effectively manage his or her time across various roles and responsibilities.
This individual will report to the EVP, Deputy CFO. This role may require limited travel. This role is hybrid from White Plains, NY with two days in the office, and three days remote.
Job Responsibilities
- Partner with Executive and Senior management to ensure the integrity of the Company’s US GAAP financial statements
- Develop and maintain group-wide corporate accounting policies
- Monitor and assess the appropriate application of US GAAP accounting policies across the organization, the impact of accounting standard changes and lead implementation efforts where required
- Support the Company’s business leaders and segment finance professionals by providing expertise related to accounting guidance applicable to significant, new or unusual transactions.
- Monitor and effectively communicate the impact of new accounting policies on the Company’s consolidated financial statements and segment reporting to executive management
- Collaborate with other groups and/or departments across the organization to implement new accounting standards/disclosure requirements and support the Company’s publicly filed financial statements and disclosures
- Ensure alignment of accounting policies as it relates to M&A transactions
- Manage relationships with external auditors as part of the annual audit and quarterly review process, including accounting/audit issues, audit fees, timing of audit work and deliverables
- Review and/or perform due diligence work on potential transactions
- Manage and develop accounting policy & finance staff
- Excellent interpersonal skills and track record of effective interactions with individuals at all levels of the organization
- Strong knowledge of financial accounting for financial services, including, but not limited to, issues around risk transfer, reinsurance accounting, business combinations, consolidation, equity method of accounting, derivatives, revenue recognition and segment reporting
- Demonstrated ability to meet deadlines while working independently and as part of a team
- Public accounting experience a plus
- Public company experience a plus
- US Statutory and/or IFRS accounting experience a plus
- 8 years of US GAAP accounting experience in a similar role, specializing in the property/casualty insurance industry
- Strong skills in Microsoft Office Suite: Word, Excel, PowerPoint; ability to model and create complex spreadsheets, look up tables, pivot tables, and understand/analyze the results
- BA in accounting
- CPA required
$167,195 - $226,205/year
- Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
- Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.
10200 Arch Capital Services LLC
Salary : $167,195 - $226,205