Director of Derivative Accounting & Investment Reporting

Orionplacement; Charlotte (NC); Hybrid; USD 150,000 - 165,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Vision insurance

Job summary

Confidential Employer is a financial services organization seeking an experienced accounting leader to own derivative accounting, reporting, and analysis for a sophisticated investment portfolio. The role requires a CPA and 5+ years of derivative/investment accounting experience, including complex derivatives, with STAT and GAAP knowledge.

Location options include Hartford, CT or Charlotte, NC, with hybrid work arrangements.

Qualifications

• Active CPA license required.
• Bachelor's degree in Accounting, Finance, or a related field.
• 5+ years of derivative accounting, investment accounting, or related financial reporting experience.
• 3+ years of hands-on accounting experience involving complex derivative instruments.
• Experience with U.S. statutory (STAT) accounting and reporting required.
• Strong understanding of U.S. GAAP and derivative accounting principles, including ASC 815 and ASC 820.
• Experience with derivative valuations, reconciliations, investment schedules, and regulatory disclosures.
• Working knowledge of RSTAT reporting requirements.
• Insurance, reinsurance, or asset management industry experience strongly preferred.

Responsibilities

• Lead derivative accounting, financial reporting, and analysis across a complex investment portfolio.
• Oversee accounting for interest rate swaps, credit derivatives, options, futures, foreign exchange contracts, and structured products.
• Ensure accurate reporting in accordance with U.S. GAAP, U.S. STAT, RSTAT, and applicable regulatory requirements.
• Review derivative valuations, reconciliations, journal entries, financial statement disclosures, and supporting documentation.
• Oversee quarterly and annual statutory investment schedules, exhibits, and regulatory filings.
• Analyze investment portfolio performance, income trends, and financial risk exposures.
• Prepare insightful financial reports and presentations for senior management.
• Collaborate with Investment, Treasury, Actuarial, Risk, and Finance teams on complex transactions and accounting matters.
• Improve accounting processes, strengthen internal controls, and implement automation opportunities.
• Support regulatory compliance, reporting accuracy, and continuous improvement initiatives.

Skills

Analytical skills

Communication skills

Cross-functional leadership

Financial reporting

Regulatory knowledge

Derivative accounting

STAT reporting

GAAP knowledge

ASC 815/ASC 820

Risk awareness

Industry experience

Education

Bachelor's degree in Accounting/Finance

CPA license

5+ years derivative/investment accounting experience

3+ years complex derivatives accounting

Tools

Clearwater Analytics

Oracle

BSTAT

RSTAT reporting

Job description

Confidential Employer is a financial services organization seeking an experienced accounting leader to own derivative accounting, reporting, and analysis for a sophisticated investment portfolio. The role requires a CPA and 5+ years of derivative/investment accounting experience, including complex derivatives, with STAT and GAAP knowledge.

Location options include Hartford, CT or Charlotte, NC, with hybrid work arrangements.