AVP, Accounting Policy

AVP, Accounting Policy

We are searching for an experienced AVP, Accounting Policy at our Connecticut office.

AVP, Accounting Policy

Full Time

Norwalk, CT

About the Company:

Wilton Re is an industry leader in the life (re) insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients' businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.

Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.

Position Summary:

The AVP, Accounting Policy role will support the continued growth and complexity of the organization as the Company continues to transform its finance function for sustainable growth. The AVP, Accounting Policy will be the primary source for technical accounting research, interpretation and application of current and pending accounting guidance. This person will play an important leadership role within finance by maintaining compliance with required accounting standards, as they relate to technical accounting issues and questions, new transactions and projects, and the implementation of new accounting standards.

The AVP, Accounting Policy will also assist with the preparation and review of various US GAAP and Statutory financial statements, as well as compliance with relevant internal controls under Sarbanes-Oxley.

Role Responsibilities:

Plan, conduct, manage and coordinate research and written documentation of technical accounting issues and reporting matters regarding technically complex transactions, new business initiatives, acquisitions, and new contracts

Partner with entity and divisional controllers and other finance department areas (investment accounting, tax, actuarial, etc.) in providing accounting expertise to achieve financial integrity

Lead the company's efforts in evaluating and implementing new accounting pronouncements relating to US GAAP and Statutory accounting

Keep up to date on new and emerging technical accounting and related regulatory developments and provide interpretation of new guidance to assist management in evaluating financial and operational impact, including NAIC blanks changes for year-end statutory annual statement reporting

Represent the Company at industry meetings, including the American Council of Life Insurers (ACLI) accounting committee

Support the financial reporting team with quarterly and annual financial statements and filings

Assist with the preparation and review of quarterly and annual financial reporting for US GAAP financial reports, including the consolidated GAAP audited financial statements

Support the year-end audit process and partner effectively with internal and external auditors, providing support and guidance as necessary

Collaborate with other stakeholders in the Company to partner and execute on finance related projects and initiatives, as assigned from time to time

Provide training to management and staff across the organization on technical accounting policies and relevant accounting topics

Basic Qualifications:

7+ years of progressive, relevant experience in accounting

3+ years of experience in technical accounting role a plus

Big 4 public accounting experience or combination of public and private experience

Experience with Life Insurance and Reinsurance accounting required

Subject matter expert in US GAAP technical accounting, including experience with ASC 944, ASC 805, ASC 810, ASC 323, ASC 820, as well as experience with CECL and LDTI

Subject matter expert in US Statutory technical accounting, including experience with SSAP 26, SSAP 43, SSAP 86, SSAP 51, SSAP 61, SSAP 56

Advanced ability to research and interpret US GAAP and US Statutory technical accounting guidance, as well as develop and document accounting policies based on this research

Proactive self-starter with the ability to work independently to accomplish objectives and meet deadlines

Strong advisory/consultative skills with a service mindset and the ability to build key working relationships with finance department teams

Experience implementing accounting standards and special projects a plus

Strong organizational, problem solving and project management skills

Attention to detail and risk-based analytical thinking

Flexibility in adapting to a non-routine and fast paced environment

Ability to identify, escalate and respond quickly to unexpected challenges and opportunities

Strong writing, presentation and communication skills and ability to easily explain complex accounting issues and conclusions to a variety of audiences

Proficient in Microsoft Office suite

Experience with other accounting software a plus (i.e. Black Line, Net Suite, Workiva)

Required

Education / Certifications:

Bachelor's degree in Accounting required

CPA designation required

Pay/

Location:

Norwalk, CT

Hybrid Structure

Minimal to no travel…