Head of Investment Accounting

Oliver James; Irvine (CA); Remote; USD 180,000 - 280,000; Full time

Job summary

Oliver James Group seeks a Head of Investment Accounting to build and lead the investment finance function for a rapidly growing balance sheet. The role requires steering daily accounting, closes, and reporting while partnering with CIO/CFO on diverse asset classes.

The position is 100% remote with periodic travel to San Francisco and Los Angeles, and candidates should be based in PST/MST time zones. A CPA or equivalent designation is preferred.

Qualifications

• 10+ years in life/annuity or P&C insurance industry accounting or Big Four insurance practice.
• Deep mastery of US GAAP and STAT frameworks for life/annuity products and complex investments.
• Hands-on experience with modern investment accounting software (Clearwater preferred).

Responsibilities

• Investment Operations & Reporting: Lead daily investment accounting, monthly closes, and GAAP/STAT reporting across complex asset portfolios.
• Portfolio Scaling: Partner with CIO/CFO and asset managers to support diverse asset classes.
• System Transformation: Implement and optimize investment accounting platforms and ledger architectures.
• M&A & Reinsurance Integration: Support reinsurance transactions and onboarding of acquired portfolios.
• Governance & Leadership: Chair Asset Pricing Policy Committee and coordinate with external audits and cross-functional teams.

Skills

Investment accounting

US GAAP

Leadership

Cross-functional collaboration

Education

Bachelor's degree

CPA or equivalent

Tools

Clearwater

Job description

Location: 100% Remote (West Coast preferred; occasional travel to San Francisco & Los Angeles). Candidates preferably should be based in MST or PST time zones.

Working hours: PST

Type: Full-Time, Permanent

The Opportunity

We are partnering with a highly capitalized, rapidly expanding global financial services and insurance carrier executing a major U.S. transformation. Backed by a world-leading financial institution, the firm is building out a premier national platform following multi-billion-dollar acquisitions, portfolio integrations, and an expanded annuity and pension risk transfer footprint.

We are seeking a Head of Investment Accounting to build, scale, and lead the investment finance function for a rapidly growing, multi-billion-dollar balance sheet.

Key Responsibilities

• Investment Operations & Reporting: Lead daily investment accounting, monthly closes, and STAT, GAAP, and management reporting across complex asset portfolios.
• Portfolio Scaling: Partner with the CIO, CFO, and asset managers to support diverse asset classes, including private credit, alternatives, structured products, real estate, and derivatives.
• System Transformation: Implement and optimize investment accounting platforms and ledger architectures.
• M&A & Reinsurance Integration: Support reinsurance transactions, capital initiatives, and the onboarding of acquired investment portfolios.
• Governance & Leadership: Chair/support the Asset Pricing Policy Committee, manage external audit/regulatory exams (Schedules BA, D, DB), and align cross-functional teams (FP&A, Actuarial, Treasury).

Qualifications

• Experience: 10+ years in life/annuity or P&C insurance industry accounting or Big Four insurance practice.
• Technical Skills: Deep mastery of US GAAP and STAT frameworks for life/annuity products and complex investments.
• Systems & Credentials: Hands-on experience with modern investment accounting software (Clearwater preferred); Bachelor's degree plus CPA, CA, or equivalent designation.
• Location: 100% Remote with periodic travel to SF and LA as needed.