Investment Accounting Senior Analyst

KKR; Boston (MA); On-site; USD 75,000 - 110,000; Full time

Job summary

KKR, a leading global investment firm based in Boston, seeks a Senior Analyst to join the Investment Accounting team. You will support monthly, quarterly and annual close activities, prepare reconciliations, and assist with reporting for a broad range of investments. The ideal candidate has 2–4 years of investment accounting experience, a working knowledge of U.S.

GAAP, strong analytical and communication skills, and the ability to collaborate with cross‑functional teams. CPA progress is a plus.

Qualifications

• Bachelor’s degree in accounting, finance, economics or related field.
• 2–4 years of relevant experience in investment accounting or related fields.
• Working knowledge of U.S. GAAP; U.S. Statutory accounting preferred.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent written and verbal communication; cross-functional collaboration.
• Strong Microsoft Excel skills.
• Experience with Clearwater Analytics, PeopleSoft or similar systems is preferred.

Responsibilities

• Support monthly, quarterly and annual investment accounting close activities.
• Prepare and review reconciliations between investment accounting systems, the general ledger, holdings data and other source systems; investigate reconciling items.
• Support accounting and reporting for fixed income, structured securities, mortgage loans, alternative investments and derivatives.
• Perform period-over-period analytical reviews of investment balances and income; investigate unusual movements.
• Coordinate with Investment Operations, Portfolio Management, Reinsurance, Financial Reporting, Treasury and other teams to resolve accounting matters.
• Assist with accounting and reporting assessment of new investments and transaction structures.
• Prepare supporting documentation for accounting conclusions, reconciliations and key control activities.
• Participate in system implementations, enhancements, testing and data-related initiatives.
• Identify opportunities for process improvement, standardization and automation.

Job description

Company Overview

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

Position Overview

KKR Insurance seeks to recruit a Senior Analyst to join the Investment Accounting team. The individual will support the monthly and quarterly close process, investment accounting and reporting, reconciliations, analytical review, and ongoing enhancement of processes and controls. The ideal candidate will have strong analytical and problem-solving skills, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Support monthly, quarterly and annual investment accounting close activities
• Prepare and review reconciliations between investment accounting systems, the general ledger, holdings data and other source systems; investigate and resolve reconciling items
• Support accounting and reporting for a broad range of investments, including fixed income securities, structured securities, mortgage and other loans, alternative investments and derivatives
• Perform period-over-period analytical reviews of investment balances, income and other financial statement activity, and investigate significant or unusual movements
• Coordinate with Investment Operations, Portfolio Management, Reinsurance, Financial Reporting, Treasury, Investment Controls and other teams to resolve accounting and reporting matters
• Assist with the accounting and reporting assessment of new investments, transaction structures and other business initiatives
• Prepare supporting documentation for investment accounting conclusions, reconciliations, financial reporting and key control activities
• Participate in system implementations, enhancements, testing and other initiatives impacting investment accounting processes and data
• Identify opportunities for process enhancement, standardization and automation and assist with implementation
• Support ad hoc investment accounting analyses and other projects as needed

Qualifications

• Bachelor's degree in accounting, finance, economics or a related field
• 2-4 years of relevant experience in investment accounting, insurance accounting, public accounting, financial reporting, investment operations or a related field
• Working knowledge of U.S. GAAP; experience with U.S. Statutory accounting is preferred.
• Familiarity with investment products such as fixed income securities, structured products, mortgage loans, private credit, alternative investments and/or derivatives is preferred
• Strong analytical and problem-solving skills with the ability to research and resolve accounting and data-related issues
• High level of attention to detail and commitment to accuracy
• Strong organizational skills with the ability to manage multiple priorities and a high volume of work
• Excellent written and verbal communication skills and ability to work effectively with cross-functional teams
• Strong Microsoft Excel skills
• Experience with Clearwater Analytics, PeopleSoft or other investment accounting/general ledger systems is preferred
• Ability to quickly understand new investment products, accounting concepts and processes
• Demonstrated interest in process improvement, automation and technology-enabled solutions
• CPA or progress toward CPA designation is a plus

This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range

$75,000-$110,000 USD

KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email [e-mail]. Emails sent for unrelated issues, such as following up on an application, will not receive a response.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to [e-mail]. Only emails left for this purpose will be returned.

Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.