Investment Accountant SrApplicants, including applicants holding a valid CPT/OPT visa, who will require employer sponsorship of a visa now or in the future will not be considered for this position.Responsible for supporting Munich Re America Services investment accounting function, including the preparation or review of balancing schedules, Munich Re required schedules, financial statement footnotes and disclosures, as well as management, regulatory and rating agency investment reporting. These activities encompass from one to three accounting bases and involve complex and at times, time sensitive tasks. The position also encompasses working on Investment Accounting related projects as well as working with the third-party accounting agent supporting the investment accounting process.
Responsibilities:- Responsible for the timely analysis, reconciliation and balancing of the monthly service provider investment interface package as well as the completion and review of the data tied to the global investment database within prescribed deadlines. This includes compiling and reconciling investment interface information and identifying and resolving reconciling items. As well as communicating issues of significance to various parties, including the Munich Re global investment database Data Management Team, the third-party accounting agent, Munich Re America's asset manager, as well as management personnel.
- Prepare monthly and quarterly variance analysis and review plausibility checks associated with affiliated investment interface files.
- Assist Investment Accounting Lead & Manager on various projects, as requested. To include:
- ensure monthly, quarterly and annual investment financial filings and reports (including financial statement footnotes) are correct and in accordance with regulatory, management and inter departmental guidelines. Review and maintain supporting documentation for internal and external audits, GAAP/STAT/IFRS statements and monthly investment interface deliverables.
- Responsible for the timely analysis, reconciliation and balancing of the monthly service provider investment interface package as well as the completion and review of the data tied to the global investment database within prescribed deadlines. This includes compiling and reconciling investment interface information and identifying and resolving reconciling items. As well as communicating issues of significance to various parties, including the Munich Re global investment database Data Management Team, the third-party accounting agent, Munich Re America's asset manager, as well as management personnel.
- Prepare monthly and quarterly variance analysis and review plausibility checks associated with affiliated investment interface files.
- Assist Investment Accounting Lead & Manager on various projects, as requested. To include:
- ensure monthly, quarterly and annual investment financial filings and reports (including financial statement footnotes) are correct and in accordance with regulatory, management and inter departmental guidelines. Review and maintain supporting documentation for internal and external audits, GAAP/STAT/IFRS statements and monthly investment interface deliverables.
Qualifications: Successful candidates will possess the following skills/capabilities Bookkeeping and/or accounting experience
- Bachelor's degree in accounting, finance or equivalent experience. CPA and/or MBA credentials.
- Professional experience of 4 +years in the insurance sector, with a strong background in investment accounting, financial reporting or auditing.
- Strong analytical skills, with the ability to articulate ideas clearly in written and verbal form.
- Strong time management skills and the ability to adhere to strict deadlines.
- Ability to think critically, analyze, prioritize, take initiative and problem-solve under pressure.
- Strong knowledge of US statutory and GAAP accounting principles is essential, and a working understanding of IFRS accounting guidance is highly preferred.
- Proficiency in Excel and experience with financial systems or investment software such as PAM, Aladdin, Clearwater, or CAMRA.
- Strong team orientation, collaborating with co-workers to develop and implement solutions
The Company is open to considering candidates in Princeton, NJ. The salary range posted below applies to the Company's Princeton location. The base salary range anticipated for this position is
$106,000 - $155,000 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The salary estimate displayed represents the typical salary range for candidates hired in this position in Princeton, NJ. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.
