Investment Accounting Senior Analyst

AIG • Parsippany, NJ

1d • $87,000 - $110,000 • Onsite

About The Position

The Investment Accounting Senior Analyst will join AIG’s Corporate Finance Investment Accounting group, which accounts for and reports on AIG’s invested assets and derivative portfolio across multiple legal entities. The group reconciles transactional data from sub-ledgers to the general ledger and financial statements and prepares external investment reporting, including regulatory reports and financial disclosures. It also establishes accounting for new transactions and products, implements new GAAP and STAT standards and systems, manages investment-related risks and controls, supports audits, and supports Investment FP&A.

In this role, the analyst will manage monthly and quarterly accounting close processes for certain international entities, contribute to investment disclosures, support process improvements and system implementations, and coordinate with business-unit and corporate controllers and other teams. The role also provides accounting guidance for new investment transactions and performs ad hoc analysis. AIG asks team members to work primarily in the office to support in-person collaboration.

Requirements

• Bachelor’s degree in accounting or finance.
• At least 3 years of experience in accounting and reporting for investment products.
• Understanding of investment products and accounting treatment for fixed maturity, equity, cash equivalent and alternative investments.
• Working knowledge of GAAP and recording investment-related journal entries.
• Experience with foreign currency remeasurement and translation.
• Strong analytical skills, including investment data analysis and commentary.
• High competency using Microsoft Excel, including pivot tables and formulas, to create and manage investment data and perform analysis.
• Ability to collaborate with teams in multiple locations.
• Ability to balance and prioritize multiple projects, work with urgency, and maintain attention to detail and quality in a time-sensitive environment.
• Team-oriented approach to process improvement and implementation of accounting controls to ensure consistency and data quality.
• High motivation and initiative, ability to work independently, and strong organizational skills.
• Comfort working within a dynamic and complex organizational structure.
• Excellent interpersonal skills and ability to maintain relationships at all organizational levels.
• Strong written and verbal communication skills, including the ability to communicate effectively with staff, peers, and internal and external audiences.
• Computer proficiency and strong working knowledge of Microsoft Office.

Nice To Haves

• Database experience.

Responsibilities

• Execute and manage monthly and quarterly accounting close processes to ensure the accuracy of invested-assets data for certain international entities.
• Support preparation of investment disclosures for AIG 10-Q/K filings and the Financial Supplement, including, as appropriate, Investment, Lending, Fair Value and VIE footnotes and Investment MD&A.
• Assist with process improvements and new systems implementations in coordination with other department and organizational teams.
• Serve as a point of contact and provide support to business-unit and corporate controllers.
• Coordinate across the organization to understand new investment transactions and provide guidance and support to ensure their accounting results are accurately recorded in AIG’s ledgers.
• Perform ad hoc analytical requests.

Benefits

• Competitive benefits package focused on health, wellbeing, financial security and professional development.
• Position eligible for a bonus under the applicable incentive plan.
• Continuous learning and development.

What This Job Offers

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