Senior Associate, LDTI Accounting

Fortitude Re
Remote Anywhere
Anywhere
Accounting
Full-time
English
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About the job

This Senior Associate, LDTI Accounting position will have meaningful interaction with senior leadership, including the Group Controller, as well as line of business leaders. The position will assist in reviewing work performed by an offshore accounting team as well as assisting in the financial reporting and control processes for various Fortitude Re legal entities. 

What You Will Do:

The position will be responsible for effectively managing, with a focus on opportunities for innovation and increased efficiency through automation, to promote reliable and timely financial information by:

  • Supporting the development, journal preparation, and ongoing reporting of US GAAP basis LDTI reserves on a quarterly and annual basis, inclusive of all footnote disclosures.
  • Managing quarterly close calendar and processes for reserves including preparation and/or review of journal entries and account reconciliations.
  • Providing supporting analysis over all LDTI reserves on a quarterly and annual basis to facilitate the US GAAP basis control reviews.
  • Integrating newly acquired business into existing monthly/quarterly processes.
  • Acting as a liaison between the Group Controllership team and various functions including Actuarial, FP&A and IT.
  • Supporting Controllership team with preparation of quarterly and annual disclosures required under US GAAP.
  • Contributing to the preparation of quarterly, annual and ad hoc reports to internal and external parties including but not limited to senior management, the board, rating agencies, and regulatory authorities.
  • Collaborating with internal and external auditors in the execution of business processes, walkthroughs and as appropriate tests of operating effectiveness and remediation of any control deficiencies.
  • Assisting with risk management activities and reporting.
  • Keeping current on best practices and latest thinking regarding processes and controls.
  • Supporting our core values by communicating and teaming effectively across different cultures and levels within the organization.

What You Will Have:

  • Bachelor’s degree or higher in accounting.
  • CPA, Chartered Accountant or equivalent.
  • Four (4) or more years of experience auditing public companies in the financial services industry or industry experience.
  • Knowledge of accounting and financial processes including risk and financial controls.
  • Ability to understand and apply applicable laws, regulations, and compliance requirements.
  • Ability to understand and apply relevant accounting basis principles.
  • Assertive, clear and professional verbal and written communications.
  • Strong interpersonal, collaborative and conflict resolution skill.
  • Ability to effectively design and present information to senior management.
  • Ability to define problems, collect data, establish facts and draw conclusions.
  • Agility and ability to work effectively both as part of a team and independently.

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