We have partnered with our client in their search for an AVP, Investment Accounting who will be responsible for day-to-day ownership and oversight of investment data management, accounting, reporting & analytics including transaction processing, reconciliations, valuation governance, internal controls, and financial reporting across GAAP, STAT, Bermuda SFS, and EBS.
The role serves as a senior technical leader and subject matter expert, ensuring investment accounting processes operate with accuracy, timeliness, and strong controls. The AVP, acts as a key escalation point for complex accounting and valuation issues, and provides clear, decision-useful analysis and reporting support to senior leadership.
This role provides technical oversight, guidance and coordination to accounting staff and offshore resources, driving consistent execution and continuous improvement.
What You Will Do:
- Own day-to-day investment accounting and reporting processes across GAAP, STAT, Bermuda SFS, and EBS under the direction of the VP.
- Ensure investment transactions (purchases, sales, maturities, paydowns, coupon payments, repos, securities lending) are processed completely, accurately, and on time.
- Oversee daily and monthly reconciliations of positions, trades, and cash across accounting records and the general ledger.
- Investigate and resolve income, position, and valuation variances with clear documentation and root-cause analysis.
- Execute valuation governance activities, including fair value hierarchy reviews, stale price monitoring, pricing analysis, and override documentation.
- Support valuation committee materials, analysis, and follow-ups.
- Maintain strong SOX and internal control compliance for investment accounting and reporting processes.
- Ensure documentation, controls, and evidence meet audit and regulatory expectations.
- Contribute to monthly close package and help provide clear analysis and commentary on investment results by legal entity, accounting basis, and reinsurance deal.
- Translate accounting outcomes into clear explanations for senior leadership, auditors, and regulators.
- Support audit requests and ensure timely, accurate responses for investment portfolios.
- Drive continuous improvement initiatives across investment accounting operations, including close efficiency, reconciliations, and reporting processes.
- Leverage AI-enabled tools and advanced analytics to improve efficiency, accuracy, and scalability of investment accounting processes, including reconciliations, variance analysis, close activities, and reporting.
- Provide technical guidance, informal mentorship and coaching to accounting professionals. Manage and direct offshore resources to ensure consistent execution.
- Coordinate workflow across teams to support close timelines and reporting deadlines.
- Foster a culture of accountability, quality, and continuous improvement.
What You Will Have:
- Bachelor's degree in Accounting, Finance, or related field (CPA strongly preferred).
- 8+ years of accounting experience with a focus on investments, including fixed income, derivatives, mortgage loans, alternatives and structured products.
- Preferred (optional): Public accounting background or Big 4 experience with insurance/reinsurance or investment clients.
- Deep knowledge of multi-basis reporting (GAAP, STAT, Bermuda SFS, EBS).
- Demonstrated ability to ensure complete, accurate, and timely processing of large-scale investment portfolios.
- Proven experience managing high-volume reconciliations across custodians, managers, and general ledger systems.
- Demonstrated leadership in SOX/internal controls design and compliance for investment portfolios.
- Strong communication skills with experience presenting to executives, committees, auditors and regulators.
- Track record of automation and AI adoption to transform high-volume reporting processes.
- Strong analytical and problem-solving skills with attention to detail.
- Experience with Clearwater Analytics for investment portfolios; SAP and Palantir knowledge preferred.
- Strong technical expertise in valuation governance, including fair value leveling, stale price analysis, and pricing overrides.
- Ability to connect results across legal entities, accounting bases, and reinsurance deals to treaty economics and capital management.
Title: AVP, Investment Accounting
Location: Remote
Client Industry: Financial Services
About Korn Ferry
Korn Ferry unleashes potential in people, teams, and organizations. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers. To learn more, please visit Korn Ferry at www.Kornferry.com
