Investment Accounting Supervisor

Overview Summary: The Investment Accounting Supervisor is an integral member of the Finance organization that is primarily responsible for (1) monitoring and tracking the monthly and quarterly U.S. and local GAAP financial close for domestic and international entities; (2) preparing U.S. GAAP and Statutory Accounting footnote disclosures and other external reporting; and (3) provides day-to-day guidance to team members on responsibilities and tasks. The role requires fluency in Clearwater Analytics, Oracle ERP and Wings, and the ability to translate requirements between the systems. Additionally, the Investment Accounting Supervisor has a working knowledge of (1) ASC Topics 320 through 326; and (2) broad topics, including foreign currency matters. The Investment Accounting Supervisor is responsible for ensuring that team members are properly trained and receive the direction needed to accomplish assigned tasks efficiently and accurately. Responsibilities Responsibilities: Monitors and tracks all daily accounting operations and monthly financial closes for the domestic and international investment portfolios according to the close calendar; Is the staff accountants'' point of contact for questions and issue resolution, and works closely with the Clearwater client service team to troubleshoot and resolve day-to-day technical and operational problems;Drives process enhancements for recording and reconciling investment accounting journal entries and balances, which includes continuous improvement of excel processes, participating in efforts with the ERP/HFM teams to automate/semi-automate postings, opening accounts and maintaining the investment accounting COA, opening/tracking/resolving ERP tickets and change management requests;Participates in projects/implementations with Clearwater;Oversees, tracks, and monitors the U.S. GAAP and U.S. Statutory accounting entries for all alternative investments, including the validation of Clearwater activity and balances and reconciliation to ERP;Assists with researching U.S. GAAP and Statutory technical accounting matters for investment transactions, new assets classes and/or other matters as needed;Prepares analyses and analytics that support Financial Reporting, FP&A, and external rating agency requests;Assists with the preparation of U.S. GAAP and Statutory Accounting investment related financial statement footnotes;Coordinates workflow effectively with other team supervisors and keeps managers apprised of issues, status and resolutions Qualifications Required:Bachelor''s degree in Accounting;5+ years work experience in the financial services industry;Practical experience with investment accounting software solutions (Clearwater preferred);Practical experience with general ledger applications and tools (Oracle and HFM preferred);Advanced excel skills (logical formulas and pivot tables)Preferred: Big 4 experience;CPA or working towards certification;Insurance industry experienceThis job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.LI-TL1

Created: 2021-11-29