AVP, Entity Controller
We are searching for an experienced AVP, Entity Controller at our Connecticut office.
AVP, Entity Controller
Full Time
Norwalk, CT
Position Summary:
The Entity Controller is ultimately responsiblefor the books and records of a block or blocks of business within a Wilton Reentity. The Entity Controller has responsibility for the preparation of journalentries, reconciliations for monthly and quarterly activity, and performvarious tasks to support the quarterly and annual close. Additionally, the Entity Controller isresponsible for documenting, monitoring and enhancing certain relevant internalcontrols for SOX compliance. The Entity Controller will also prepare work papers and assist in thepreparation of financial statements and footnotes in accordance with both U.S. Statutoryand US GAAP. This includes performing financial statement analytics andexplaining results to management for use with the Board, auditors, andregulators.
Role Responsibilities:
Manage most aspects of quarterly close process related to the responsible block of business, both U.S. Statutory and U.S. GAAP, including:
Preparation of journal entries
U.S. Statutory
Corporate
U.S. GAAP adjustments to U.S. Statutory accounting
Ad hoc
Performance of Balance Sheet reconciliations and various other internal control work, including resolution of discrepancies noted in performance of controls
Analysis and preparation of actual results, quarterly trend analyses, and communication of results to the Controller and other senior management
Perform investment trust analysis and reporting to external parties
Continuous process improvements, including identification and implementation of opportunities for process and control enhancements
Cross-functional engagement across various departments within Wilton Re (e.g., Operations, Legal, Tax, Investments, Valuation, Business Development, etc.), as well as with various Third-Party Administrators and vendors, as needed
Responsible for the preparation and related filing of:
Quarterly and Annual U.S. Statutory Statements (Bluebook)
Annual U.S. Statutory Audited Financial Statements
Various state and client reporting
Assist with the preparation of Consolidated U.S. GAAP Financial Statements, and coordination of the annual internal and external audits
Participate in the DOI examinations, as needed
Perform other related duties as required, based on the changing goals and objectives of the department and organization
Assist with onboarding new deals, developing the accounting models and approach and documenting the accounting and reporting methodologies applied for both U.S. Statutory and U.S. GAAP.
Assist in designing and implementing the internal and external reporting requirements associated with reinsurance side-car investment vehicles.
Work through non-controlling interest calculations and reporting in support of reinsurance side-car investment vehicles.
Basic Qualifications:
Minimum 8 years of relevant experience in accounting
Experience in onboarding reinsurance side-car investment vehicles
Big 4 public accounting experience or combination of public and private experience
Strong technical knowledge of U.S. GAAP and U.S. Statutory accounting principles, including consolidation
Life insurance or Reinsurance experience, including statutory Bluebook reporting
Strong interpersonal and communication skills
Self-starter with strong analytical capabilities and good organization and project management skills
Motivated with ability to take initiative and manage competing priorities while consistently hitting deadlines
Proficiency in Microsoft Office Suite, particularly Excel and SharePoint
Experience with Gain and Workiva software a plus
Required Education /Certifications:
Bachelor's degreein Accounting, Finance or related field
Candidate withCPA or MBA a plus
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base salary/hourlyrate range for this position in Connecticut is between $140,000 and $190,000.Please note that specific compensation decisions are based upon a variety ofjob-related factors as permitted by law, including geographic location,credentials, skills, education, training and experience.