What are the responsibilities and job description for the Financial Accounting Manager position at firstPRO, Inc?
Job Title: Financial Accounting Manager
Location: New York, NY 10022 (Hybrid, 3 days a week in office)
Industry/Company Size: Global, insurance/financial service company.
Why Open: Newly Created Role
Reporting to a VP of Finance, this role would own all investment accounting, reporting, technical and operational for a large, global company.
Qualified applicants must possess the following:
- US Citizen or Green Card
- 4 years of accounting / audit experience
- Bachelor's degree (CPA or MBA preferred)
Job Description:
- Manage and oversee accounting and reporting (IFRS and STAT) and plan/forecast of the entire investment portfolio (fixed income and equities)
- Serve as a primary liaison with MRAS Investment Accounting (internal Investments Shared Service Center) and BlackRock (external investment accounting service provider)
- Own the management oversight function of the Investments Shared Service Center
- Review and approve reconciliations, impairment analysis, fluctuation analyses, investment schedules, footnote disclosures and other key analyses/documents prepared by the Investments Shared Service Center
- Liaise with the Investment Officer on executive reporting matters including the quarterly dashboard reporting and other relevant Investment Committee deliverables
- Oversee all aspects of cash accounting, including processing and reconciliations of all insurance (technical) and non-insurance (non-technical) cash and suspense accounts
- Review and approve journal entries, reconciliations and disclosures for other non-insurance areas, such as pension, lease and intercompany
- Assist with accounting research and resolution on complex and new investment structures as required
- Support function on all Investment Officer strategic projects, including restructuring of portfolios and alternative investment strategies
- Oversee the calculation and bookings of AVR and IMR
Salary : $140,000 - $180,000