Associate, Accounting

Obra Capital; New York (NY); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Annual bonus

Medical insurance

Dental insurance

Vision insurance

401(k) with employer match

Paid time off

Job summary

Obra Capital seeks an Accounting Associate to join the Finance & Accounting team focusing on life insurance investment portfolios. You will support accounting, reporting, and cash control processes for portfolios backed by life insurance assets and related financing structures in a fast-paced environment.

You will work with investment, operations and actuarial teams to handle complex life insurance transactions, reinsurances, and long-duration asset strategies, while ensuring accurate accounting

Qualifications

• Bachelor’s degree in Accounting or Finance is required.
• 2–4 years of accounting experience, preferably in insurance clients.
• Working knowledge of GAAP accounting; familiarity with insurance investment structures beneficial.
• Proficiency in Microsoft Excel; experience with GL or portfolio accounting systems a plus.
• Strong analytical, organizational and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to manage multiple priorities and work in a collaborative team.

Responsibilities

• Support accounting and financial reporting for life insurance–related investments and entities.
• Process daily wire transactions, cash transfers, and funding requests across life insurance portfolios.
• Perform reconciliations of investment accounts, premiums, and cash movements for life insurance assets.
• Record and maintain general ledger activity for insurance-linked assets and financing structures.
• Assist with month-end and quarter-end close processes, including journal entries and schedules.
• Coordinate with cross-functional teams to ensure proper accounting treatment of policies, reserves and proceeds.
• Support audit requests, portfolio reviews and ad hoc projects in life insurance investments.
• Contribute to process improvements and system integrations across finance.

Skills

Analytical

Organizational

Communication

Team collaboration

Problem-solving

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

Job description

Position Summary

Obra Capital is seeking an Accounting Associate to join the Finance & Accounting team with a primary focus on the firm’s life insurance investment portfolios. This role will support accounting, reporting, and cash control processes for portfolios backed by life insurance assets and related financing structures. The ideal candidate will be detail-oriented, organized, and comfortable working in a fast-paced environment that blends traditional accounting with investment and insurance analytics.

This position offers the opportunity to work closely with the investment, operations, and actuarial teams, gaining exposure to complex life insurance transactions, reinsurance vehicles, and long-duration asset strategies.

Responsibilities

• Support accounting and financial reporting for life insurance–related investments and entities.
• Prepare and process daily wire transactions, cash transfers, and funding requests across life insurance portfolios.
• Perform reconciliations of investment accounts, premiums, and cash movements associated with life insurance assets.
• Record and maintain general ledger activity for insurance-linked assets, liabilities, and financing structures.
• Assist with month-end and quarter-end close processes, including journal entries, schedules, and supporting documentation.
• Coordinate with investment, operations, and actuarial teams to ensure accurate accounting treatment of life insurance policies, reserves, and proceeds.
• Support audit requests, portfolio reviews, and ad hoc projects related to the life insurance investment business.
• Contribute to process improvements, internal control enhancements, and system integrations across the finance function.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• 2–4 years of accounting experience, coming from Big Four or other public accounting firm covering insurance clients.
• Working knowledge of GAAP accounting and familiarity with insurance investment structures or policy valuation preferred.
• Proficiency in Microsoft Excel; experience with general ledger or portfolio accounting systems a plus.
• Strong analytical, organizational, and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to manage multiple priorities, meet deadlines, and operate effectively in a collaborative team environment.

Compensation And Benefits

• Base salary range: $85,000 – $110,000, commensurate with experience.
• Annual performance-based bonus.
• Comprehensive benefits package including medical, dental, and vision insurance, 401(k) with employer match, and paid time off.