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.
Accountabilities:- 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.
Qualifications and Experience:- 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.
Preferred Qualifications- Big Four or national public accounting firm experience.
- Familiarity with Bermuda Statutory reporting requirements.
$ - $ USD Annual
Annual Salary for this role is market competitive. Actual salary for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Depending on the role, a discretionary bonus plan or variable sales incentive may be included.
