Director of Investment Accounting

Director of Investment Accounting

Employer:

A-CAP Services LLC

Department:
Finance

Reports to:

Controller

Location:

Onsite in Miami

A-CAP is a leading provider of capital and third‑party asset management solutions. Through our synergistic platform of insurance carriers, reinsurers, and asset management businesses, A‑CAP delivers tailored capital solutions to individuals, insurance companies, and small‑to‑medium‑sized businesses. Backed by a leadership team and operational experts with deep expertise across insurance, reinsurance, and asset management sectors, A‑CAP is committed to delivering meaningful results and adding value to our clients and capital partners.

This commitment is demonstrated through the industry‑leading risk‑adjusted returns we achieve, and the innovative capital solutions we provide to meet the needs of a diverse range of partners.

• Capital Solutions
• Commercial Real Estate
• Third‑party Asset Management
• Private Credit
• Primary Insurance Carriers
• Accredited Reinsurers

We are seeking a Director of Investment Accounting to lead all aspects of investment accounting and reporting for a growing annuity insurance platform. This role will oversee Investment Accounting for a complex, multi‑asset investment portfolio and serve as a key partner to finance leadership, investments, actuarial, risk, and external stakeholders. The ideal candidate brings deep insurance investment accounting expertise, strong leadership skills, and experience operating in a regulated environment.

The role will report to the Controller.

• Lead the Investment Accounting function for the company’s annuity and insurance operations, covering GAAP and Statutory reporting.
• Oversee accounting and reporting for a diversified investment portfolio including fixed income, structured products, private credit, alternatives, and derivatives.
• Manage the monthly, quarterly, and annual close process related to investments, ensuring accuracy, timeliness, and strong internal controls.
• Own preparation and review of statutory investment schedules, investment footnotes, and related disclosures.
• Ensure compliance with US GAAP, STAT, ASC 820 (fair value), NAIC guidance, and internal accounting policies.
• Serve as the primary liaison for external auditors, regulators, rating agencies (e.g., AM Best), and internal audit on investment‑related matters.
• Partner closely with the investment team to support new investment structures, asset classes, and transactions from an accounting and reporting perspective.
• Oversee custodian and investment system reconciliations, valuation processes, and data integrity across platforms.
• Lead, mentor, and develop a team of investment accounting professionals; support organizational growth and scalability.
• Drive process improvements, automation initiatives, and system enhancements to improve efficiency and controls.
• Provide subject‑matter expertise and leadership during audits, transactions, and strategic initiatives.
• Monitor changes in accounting regulations and investment industry trends to ensure the organization remains compliant and competitive.

• Bachelor’s degree in Accounting, Finance, or related field (CPA strongly preferred).
• 10+ years of experience in investment accounting, with significant experience in life insurance and annuity operations.
• Deep knowledge of STAT and GAAP investment accounting, including NAIC reporting requirements.
• Experience with complex investment products and alternative assets.
• Proven experience leading teams and managing senior‑level stakeholders.
• Strong understanding of investment accounting systems and custodial platforms, preferably Clearwater.
• Prior experience working with Big 4 auditors, regulators, and rating agencies.
• Strong analytical, communication, and leadership skills.

• Experience supporting a high‑growth or evolving annuity platform.
• Background in both insurance company and asset management environments.
• Exposure to reinsurance structures and investment‑related risk management.
• Experience implementing or upgrading investment accounting systems.

• Competitive compensation programs
• Employer‑sponsored…