Head of Alternative Assets Accounting & Operations

Guardian Life Insurance • Stamford, CT

25d • Hybrid

About The Position

Is the opportunity to join a culture where “We Do the Right Thing,” and “We Courageously Shape Our Future Together” important to you? If so, Guardian is seeking a resolute motivated individual to join our team as Head of Alternative Assets Accounting & Operations. In this role, you will manage/oversee various investment accounting and reporting (regulatory and other) functions for Mortgage Loans, Real Estate (wholly owned, joint ventures and funds) and all Schedule BA assets portfolios (Private Equity, Tax Credit investments, and other funds). You will interact with various internal departments such as Investments, Tax, General Ledger, FP&A, and Treasury. You will also interact with outsourced Asset Managers to ensure accuracy and communicate performance to Senior Leadership. You will be required to recommend and implement workflow/reporting efficiencies. You will ensure that investment accounting systems are compliant with regulatory and management reporting. You have Bachelor’s degree in accounting/finance 10 + years investment accounting, private equity, and real estate accounting experience Investment company or insurance company experience a plus Excellent communication skills (verbal and written) and analytical skills People and data management Detail oriented and strong organization skills Investment Accounting systems – Investran, PLM, Aladdin, Oracle, and Microsoft applications Stat/GAAP/Management accounting and research experience related to investments Strategic Leadership Skills. You will Lead and develop the Alternative Assets accounting team; set strategic direction, performance standards, and lead implementation of new accounting systems. Oversee the monthly/quarterly close process and ensure accurate Statutory and management reporting. Support FP&A and Portfolio Management with insights, analytics, and NII/return drivers. Analysis and control of the accounting for Real Estate, Private Equity, and other BA investments. Oversee the accounting and reporting of Investment tax credits. Oversee the preparation of quarterly and annual statutory financial statement schedules and footnotes, provide information for RBC and AVR calculations. Oversee OTTI testing information and interact with the Investment managers to determine, analyze, and record any required impairment entries. Ensure desktop procedures and MAR (model audit rule) documentation are up to date and maintained. Responsible for staff supervision, cross training, and development. Ensure/Compile information for auditors and meet with them as required.

Requirements

• Bachelor’s degree in accounting/finance
• 10 + years investment accounting, private equity, and real estate accounting experience
• Excellent communication skills (verbal and written) and analytical skills
• People and data management
• Detail oriented and strong organization skills
• Investment Accounting systems – Investran, PLM, Aladdin, Oracle, and Microsoft applications
• Stat/GAAP/Management accounting and research experience related to investments
• Strategic Leadership Skills

Nice To Haves

• Investment company or insurance company experience a plus

Responsibilities

• Lead and develop the Alternative Assets accounting team; set strategic direction, performance standards, and lead implementation of new accounting systems.
• Oversee the monthly/quarterly close process and ensure accurate Statutory and management reporting.
• Support FP&A and Portfolio Management with insights, analytics, and NII/return drivers.
• Analysis and control of the accounting for Real Estate, Private Equity, and other BA investments.
• Oversee the accounting and reporting of Investment tax credits.
• Oversee the preparation of quarterly and annual statutory financial statement schedules and footnotes, provide information for RBC and AVR calculations.
• Oversee OTTI testing information and interact with the Investment managers to determine, analyze, and record any required impairment entries.
• Ensure desktop procedures and MAR (model audit rule) documentation are up to date and maintained.
• Responsible for staff supervision, cross training, and development.
• Ensure/Compile information for auditors and meet with them as required.

Benefits

• At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals.
• Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.
• As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.
• Explore our company benefits at www.guardianlife.com/careers/corporate/benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level