As VP of Alternative Investments Accounting, you will set the strategic direction and governance framework for overseeing the GAAP and Statutory accounting close, financial reporting, and financial analytics for the company’s alternative investment portfolio, including investment funds and mortgage loan portfolios. You will report to the Head of Investment Accounting and be the accountable owner for the integrity of accounting and reporting outcomes, working closely with third‑party investment accounting service providers, asset managers, the reporting team, and finance to ensure accurate, timely, and compliant financial results.
Duties and Responsibilities
- Serve as a recognized enterprise‑wide subject‑matter expert on accounting and reporting for complex alternative investments, including investment funds and mortgage loans.
- Direct and govern the monthly accounting close over investment funds and mortgage loans, overseeing two associates and a third‑party accounting vendor.
- Establish expectations for balance sheet and income statement attribution and variance analysis, and challenge results to ensure alignment with economic performance.
- Own the strategic relationship and performance governance of the third‑party accounting vendor.
- Research and formally document technical accounting conclusions, including VIE analyses, for new investments.
- Oversee and challenge key judgments related to credit reserves and impairments on mortgage loans (CECL and OTTI).
- Review and approve footnotes and schedules for U.S. GAAP and Statutory financial statements.
- Collaborate with Investment Front Office on new investment strategies or managers, evaluating accounting implications and influencing structure when appropriate.
- Evaluate investment results and deliver executive‑level insights through an analytics package to finance leaders.
- Identify and review non‑routine and complex manual journal entries needed for accurate financial results.
- Act as a key accounting advisor to Investment Management, Third‑Party Asset Managers, and cedants.
- Design, enhance, and oversee the effectiveness of internal financial controls to ensure accurate investment accounting results.
- Lead talent development, including coaching, performance management, and organizational capability building across daily, monthly, and quarterly tasks.
- Provide reporting and supplemental information to reinsurance cedants, ensuring alignment with contractual and regulatory requirements.
- Support continuous improvement by driving process transformation, automation, and scalability initiatives.
Qualifications
- Bachelor’s degree in Accounting or Finance (required).
- Certified Public Accountant (preferred).
- 10+ years of experience, including 6+ years of investment accounting and/or insurance industry experience (required).
- Expertise in U.S. GAAP and Statutory Accounting Principles applied to complex alternative investments.
- Experience with Clearwater Analytics or another third‑party investment accounting model (preferred).
- Strong research, verbal, and written communication skills to convey technical issues to senior leadership.
- Confidence, credibility, and character to liaise across corporate functions and maintain strong relationships within and outside the company.
- Demonstrated leadership skills to develop, coach, and train others, influencing outcomes across functions without direct authority.
- Sense of urgency and high flexibility, adapting to shifting priorities and timelines.
- Strong focus on stakeholder satisfaction, balancing service, governance, and scalability.
- Ability to act independently in identifying problems, exercising judgment, and understanding interdependencies.
- Strong problem solving and decision‑making skills in high‑impact, ambiguous environments.
- High level of interpersonal skills, integrity, and ethics.
- Self‑starter with a collaborative, teamwork‑valuing approach that drives accountability.
- Proficiency with Microsoft Office software.
Critical Skills
- Customer Focused – passion for delighting customers and delivering unique solutions.
- Critical Thinking – thoughtful analysis to reach well‑reasoned solutions.
- Team Mentality – Partnering effectively to drive culture and reach common goals.
- Business Acumen – Understanding the financial services industry to make sound decisions.
- Learning Agility – Openness to new ideas and acquiring new skills to maintain a competitive advantage.
Location
West Chester, PA, New York, NY (Hybrid – 3 days per week in the office).
Salary and Benefits
- West Chester, PA – $159,000–$204,000
- New York, NY – $173,000–$223,000
Resolution Life US offers a comprehensive benefits package, including health & wellness programs, incentive and recognition programs, and 401(k) contributions. All benefits are subject to eligibility requirements.