SVP, Head of Investment Accounting

Enstar Group Limited; New York (NY); Remote; USD 223,000 - 275,000; Full time

Job summary

A leading global insurance group is seeking a Senior Vice President Head of Investment Accounting to oversee a $20 billion investment portfolio. This role involves driving process improvements, ensuring compliance with U.S. GAAP, and leading a team of finance professionals. The ideal candidate will have extensive experience in investment accounting and strong leadership skills.

Benefits

Comprehensive healthcare

Wellness programs

Retirement plans

Qualifications

• Minimum of 10 years’ experience in investment accounting.
• At least 7 years managing a finance team.
• Qualified accountant (CA, CPA, CMA, CGA, or ACA).

Responsibilities

• Oversee the complete investment accounting financial close and reporting cycle.
• Provide technical investment accounting guidance for multiple investment types.
• Lead and motivate a team of professionals.

Skills

Leadership

Communication

Interpersonal Skills

Self-motivated

Education

CA

CPA

CMA

CGA

ACA

Tools

Clearwater Analytics

Bloomberg

Job description

However, we can consider candidates to work remotely if they are based on the East Coast.

About you and the role :

The SVP Head of Investment Accounting has overall accountability for :

• Day-to-day oversight of the complete monthly, quarterly and annual investment accounting financial close and reporting cycle for about $20 billion investment portfolio.
• Driving process improvements through team leadership, process automation, and implementation of effective technology.
• Developing infrastructure to provide detailed analysis of portfolio movements and communicate those to key stakeholders.
• Maintaining a prioritization and resource model that allows for simultaneous execution of financial close and analysis processes, onboarding of new asset classes, and execution of projects.
• Partnering with stakeholders to drive process automation and foster an environment of continuous process improvement.

This position will work closely with the Chief Investment Officer and Investment Management Department to provide analytical insights that will be helpful in managing the investment portfolio. Additionally, it will collaborate with the Chief Accounting Officer, SVP Head of Accounting and Reporting, and regional finance departments to provide timely, accurate, and complete information for internal and external reporting.

What you will be doing :

Key Accountabilities

Act as the primary liaison with other departments such as Investment Management, Treasury, and Risk.

• Provide technical investment accounting guidance for multiple investment types including but not limited to: limited partnerships, private placements, structured securities, corporate bonds, and derivatives.
• Oversee the timely close process for investment bookings under U.S. GAAP across all regions.
• Review supporting schedules and disclosures used in quarterly and annual reports to ensure accuracy and compliance.
• Manage investment accounting materials included in communications to rating agencies, investment managers, and board of directors.
• Ensure compliance with Sarbanes-Oxley requirements related to investment accounting.
• Lead and motivate a team of professionals, supporting their development and performance management.
• Manage the use and integration of investment accounting systems, supporting broader finance initiatives.
• Perform other duties as required by the company.

What you will bring :

• Minimum of 10 years’ experience in investment accounting, with at least 7 years managing a finance team.
• Qualified accountant (CA, CPA, CMA, CGA, or ACA).
• Experience with various investment types managed by multiple custodians and asset managers.
• Experience with multiple currencies preferred.
• Knowledge of SEC and U.S. GAAP reporting requirements.
• Sarbanes Oxley controls experience; GAAP regulatory compliance preferred.
• Proficiency with investment systems like Clearwater Analytics and Bloomberg preferred.
• Understanding of international regulatory requirements such as BSCR and Solvency II preferred.
• Strong leadership, communication, and interpersonal skills.
• Self-motivated with the ability to work independently and meet deadlines.
• Ability to train and develop staff.
• Willingness to travel to Bermuda if based in the U.S.

Your Benefits :

Enstar offers comprehensive healthcare, wellness programs, retirement plans, and additional benefits as detailed in the original description.

General Info

The target salary range for this role is $223,000 - $275,000, depending on experience and location.

Who we are :

Enstar Group Limited is a leading global insurance group specializing in legacy reinsurance business, with a presence across major insurance hubs worldwide.

Our values include entrepreneurial spirit, nimbleness, solutions focus, teamwork, awareness, relevance, and commitment to diversity and inclusion.

We are an equal opportunity employer committed to accessible recruitment processes.