Investment Accountant

Our client is an insurance company. They seek an Investment Accountant to join their Manhattan, NY office.

Responsibilities

• Record and reconcile investment transactions, including purchases, sales, maturities, interest, dividends, and investment income
• Prepare monthly journal entries, account reconciliations, and supporting schedules for investment portfolios
• Assist with the month-end, quarter-end, and year-end close processes related to invested assets
• Reconcile investment accounting records to custodian statements, investment managers, and the general ledger
• Prepare investment-related financial reports and support internal and external reporting requirements under GAAP and statutory accounting standards
• Collaborate with Treasury, Finance, Actuarial, and external investment managers to ensure accurate investment reporting
• Support the valuation and accounting for fixed income securities, equities, alternative investments, and other invested assets
• Assist with audit requests by preparing documentation, reconciliations, and supporting schedules for internal and external auditors
• Monitor investment activity for compliance with internal controls, accounting policies, and regulatory requirements
• Identify opportunities to improve investment accounting processes, reporting efficiency, and system automation

Requirements

• Bachelor's degree in Accounting, Finance, or a related field required
• 7+ years of accounting experience with exposure to investment accounting, insurance accounting, or financial reporting
• Knowledge of GAAP and statutory accounting principles (SAP) preferred
• Experience accounting for investment portfolios, including fixed income, equities, and alternative investments
• Alteryx experience required

JobID: 48514

Abacus Group is an award-winning executive search firm specializing in the permanent, temporary, and temp-to-perm placement of Accounting & Finance, Public Accounting, Administrative Support, Compliance, Human Resources, Marketing & Communications, and Information Technology professionals across all industries. Our diligent and personal approach has been honored by Clearly Rated’s “Best of Staffing” awards for exceptional service as well as Forbes' "America’s Best Recruiting Firms" awards. We attribute our repeat recognition as one of Crain’s New York’s “Best Places to Work in New York City” to our familial, supportive, and transparent company culture. Founded in 1997, Abacus Group is headquartered in New York with additional offices in California and Florida.