AVP, Investment Accounting & Financial Reporting

Fortitude Re; Jersey City (NJ); Hybrid; USD 140,000 - 190,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Fortitude Reinsurance Company Ltd. seeks an AVP, Investment Accounting Manager to lead the investment accounting function for a complex portfolio. You will manage GAAP and STAT reporting, performance analysis, and close processes across monthly and quarterly cycles.

You will mentor a team, collaborate with front-office and management, and drive improvements in reporting controls and efficiency. Hybrid work is offered with strong focus on accuracy and compliance.

Qualifications

• Bachelor’s or Graduate degree in Accounting or Finance with CPA or equivalent certification.
• Minimum 7+ years accounting experience, with 3+ years in investment accounting for insurance/reinsurance or BIG 4 background.
• Experience with U.S. GAAP and STAT investment accounting principles and reporting.
• Experience managing a team of investment accounting professionals.

Responsibilities

• Oversee onboarding of new investment portfolios and build reporting for GAAP/STAT frameworks.
• Lead quarterly and annual footnotes, MD&A, and statutory reports.
• Perform investment yield analysis and establish performance metrics.
• Prepare quarterly earnings reports and annual audited financial statements.
• Ensure quarterly investment valuation and reconciliation controls are in place.
• Create automated reporting to support portfolio financial reporting.
• Support external audits and related testing.
• Collaborate with front office investment teams on reporting for new transactions.
• Mentor and lead a high-performing investment accounting team.

Skills

Investment accounting

GAAP accounting

STAT accounting

SOX controls

Team leadership

Financial analysis

Excel

Stakeholder communication

Education

Bachelor’s or Graduate degree in Accounting or Finance with CPA

Tools

Clearwater investment accounting platform

Microsoft Office

Job description

Fortitude Reinsurance Company Ltd. seeks an AVP, Investment Accounting Manager to lead the investment accounting function for a complex portfolio. You will manage GAAP and STAT reporting, performance analysis, and close processes across monthly and quarterly cycles.

You will mentor a team, collaborate with front-office and management, and drive improvements in reporting controls and efficiency. Hybrid work is offered with strong focus on accuracy and compliance.