Investment Accountant

Berkley•Greenwich, CT

11d•$75,000 - $90,000

About The Position

The Investment Accountant is responsible for accurate accounting, cash matching and reconciliation, and financial reporting for the Company's investment portfolio in accordance with U.S. GAAP and Statutory accounting requirements. The position supports month-end, quarter-end, and year-end close processes; performs daily cash matching and reconciliation between custodial records, investment accounting systems, and the general ledger; analyzes investment transactions and holdings; prepares financial reports and disclosures; investigates and resolves cash and accounting discrepancies; assists with internal and external audits; and contributes to process improvements that promote strong internal controls, operational efficiency, and timely resolution of reconciling items. The role also prepares statutory investment schedules and supports investment-related disclosures, schedules, and management reports. It works with the trade settlement team to investigate and resolve trade, principal, and interest settlement discrepancies, and monitors and researches aged open receivable/payable items.

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
0 to 3 years of investment accounting, accounting, finance, or related experience.
Strong Microsoft Excel skills, including Pivot Tables, filters, VLOOKUP/XLOOKUP, and data analysis techniques.
Strong analytical, organizational, and problem-solving skills with attention to detail.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Effective verbal and written communication skills.
Ability to work independently as well as collaboratively within a team environment.

Nice To Haves

Familiarity with U.S. GAAP and insurance Statutory accounting concepts.
Experience with PeopleSoft General Ledger.
Experience with PAM for Investments (PAM for Securities).

Responsibilities

Perform daily cash matching and reconciliation between custodial bank statements, investment accounting systems, and the general ledger.
Prepare account reconciliations and assist in resolving reconciling items in a timely manner.
Assist with analysis of investment activity and prepare supporting schedules for balance sheet and income statement fluctuations.
Research and escalate investment accounting discrepancies and unusual transactions to management.
Work with the trade settlement team to investigate and resolve trade, principal, and interest settlement discrepancies.
Prepare statutory investment schedules, including Schedules A, B, BA, D, DA, DB, and E.
Assist in preparing investment-related U.S. GAAP and Statutory disclosures, supporting schedules, and management reports.
Monitor and research aged open receivable/payable items.
Prepare bank reconciliations and other investment-related account reconciliations.
Support month-end, quarter-end, and year-end close processes for the Company's investment portfolio.
Assist with internal and external audit requests by gathering supporting documentation and responding to inquiries.
Participate in process improvement initiatives and other special projects as assigned.
Perform other assignments as necessary.

Benefits

Medical, dental, and vision benefits.
Flexible Spending Account, Health Savings Account, and Health Reimbursement Arrangement.
Short- and long-term disability insurance.
401(k), profit sharing, and Employee Stock Purchase Plan.
Life, Accidental Death & Dismemberment, travel, and additional life insurance.
Employee Assistance Program.
Paid Time Off (vacation, sick, and holidays).
Company wellness program.
Industry-related education and exams.
Industry-related tuition assistance.