AVP Derivative Finance

Athene•New York City, NY

About The Position

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations. Purpose: Athene is seeking an AVP of Derivative Accounting to join its Finance team. This role will assist the VP in overseeing the end-to-end accounting and reporting for Athene’s derivatives portfolio across four bases of accounting—GAAP, Bermuda Statutory, US Statutory, and Management View. The AVP will serve as a subject-matter expert and day-to-day lead, working closely with Investments, Risk, Actuarial, and external auditors to ensure accuracy, completeness, and timeliness of all derivative-related financial reporting.

Requirements

8+ years of progressive accounting experience with significant exposure to derivatives, hedge accounting, complex financial instruments, and insurance or reinsurance accounting, or relevant experience.
4+ years of direct people leadership experience, including coaching, performance management, talent development, and leading teams through change, or relevant experience.
Strong technical knowledge of ASC 815 and SSAP 86, with experience operating in a multi-basis reporting environment, including U.S. GAAP and Statutory reporting frameworks.
Demonstrated proficiency with Excel and experience leveraging technology, automation, AI tools, or data analytics to improve reporting, controls, and operational efficiency while delivering accurate results in a fast-paced environment.
Proven ability to influence cross-functional stakeholders, drive process improvements, and lead complex accounting initiatives.
Bachelor's degree in Accounting, Finance, or related field and CPA preferred.

Nice To Haves

Big Four or national public accounting firm experience.
Familiarity with Bermuda Statutory reporting requirements.

Responsibilities

Own derivative accounting and reporting under GAAP (ASC 815), Bermuda Statutory, US Statutory (SSAP 86), and Management View frameworks.
Review month-end and quarter-end journal entries, roll-forwards, and reconciliations for all derivative instruments (futures, forwards, options, swaps, swaptions, and collateral).
Review preparation of derivative footnote disclosures for statutory and GAAP financial statements, including schedule DB.
Partner with the VP and Accounting policy team in evaluating the accounting treatment for new hedging programs.
Oversee proper accounting implementation of new hedging programs.
Assist in the implementation of new accounting standards impacting derivatives and hedging (ASC 815, FASB updates, NAIC guidance).
Execute certain review controls related to derivative instruments.
Mentor junior staff and contribute to process improvement initiatives within the accounting function.
Assist in the implementation of a new end-to-end derivatives system.