What are the responsibilities and job description for the Investment Accounting Associate position at KKR?
Company Overview
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.
Team Overview
KKR Insurance’s Investment Accounting GAAP Investment Controllership team is responsible for the accounting and reporting of investment-related disclosures across KKR’s insurance platforms. The team supports external reporting requirements, including KKR’s Form 10-Q and 10-K filings, Global Atlantic standalone GAAP financial statements, and reporting for offshore entities.
The GAAP Investment Controllership team ensures that all investment activity is accurately reflected in accordance with U.S. GAAP standards. This includes oversight of income recognition, impairments, and classification across a diverse portfolio of assets such as fixed income securities, loans, equity securities and alternative investments.
Position Summary
KKR Insurance is seeking an Associate to join the GAAP Investment Controllership team. This role will support the accounting and reporting of investment activity and contribute to the preparation of financial statements across multiple entities.
The Associate will be responsible for key aspects of the accounting close and reporting processes, including income analysis, CECL allowance processing, reconciliations, and supporting schedules. This position offers exposure to complex investment structures and provides the opportunity to build technical accounting expertise while working in a fast-paced, collaborative environment.
Responsibilities
Base Salary Range
$90,000—$140,000 USD
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.
Team Overview
KKR Insurance’s Investment Accounting GAAP Investment Controllership team is responsible for the accounting and reporting of investment-related disclosures across KKR’s insurance platforms. The team supports external reporting requirements, including KKR’s Form 10-Q and 10-K filings, Global Atlantic standalone GAAP financial statements, and reporting for offshore entities.
The GAAP Investment Controllership team ensures that all investment activity is accurately reflected in accordance with U.S. GAAP standards. This includes oversight of income recognition, impairments, and classification across a diverse portfolio of assets such as fixed income securities, loans, equity securities and alternative investments.
Position Summary
KKR Insurance is seeking an Associate to join the GAAP Investment Controllership team. This role will support the accounting and reporting of investment activity and contribute to the preparation of financial statements across multiple entities.
The Associate will be responsible for key aspects of the accounting close and reporting processes, including income analysis, CECL allowance processing, reconciliations, and supporting schedules. This position offers exposure to complex investment structures and provides the opportunity to build technical accounting expertise while working in a fast-paced, collaborative environment.
Responsibilities
- Support GAAP accounting and reporting for a diverse investment portfolio across multiple legal entities
- Coordinate, prepare and process CECL allowance for fixed maturity securities
- Assist with quarterly and annual close processes, including contributions to 10-Q and 10-K filings
- Analyze investment activity, including income recognition, valuation changes, and classifications
- Partner with internal teams (investments, operations, finance) to resolve accounting and reporting matters
- Support external audits by preparing schedules and responding to auditor inquiries
- Contribute to process improvements, automation initiatives, and internal control enhancements
- Assist with ad hoc reporting requests
- Bachelor’s degree in accounting, finance, or a related field (CPA or progress toward CPA preferred)
- 4-6 years of relevant experience in investment accounting, public accounting, or financial reporting
- Strong understanding of U.S. GAAP; familiarity with investment accounting concepts is preferred
- Experience working with investment products such as fixed income, structured products, or alternatives is a plus
- Proficiency in Excel and familiarity with financial systems (e.g., general ledger platforms, data tools)
- Demonstrated analytical skills and strong attention to detail
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Strong communication and collaboration skills, with the ability to work cross-functionally
- Experience with or exposure to data analytics, automation, or artificial intelligence (AI) tools (e.g., using AI for data analysis, process efficiency, or financial reporting support)
Base Salary Range
$90,000—$140,000 USD
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.
Salary : $90,000 - $140,000