Accounting Advisory

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as the AVP, Accounting Advisory, a senior strategic leadership role specializing in investments or insurance products and reinsurance. Drive accounting policy excellence and regulatory compliance for F&G's investment portfolio and/or insurance products and reinsurance strategy. Oversee the strategic direction of accounting policy interpretation and implementation, ensuring alignment with F&G's business objectives and risk management framework. Partner with executive-level stakeholders across the enterprise, including Investment Strategy, Hedging, Middle Office, Investment Accounting, Financial Reporting, FP&A, Reinsurance, and Capital Planning functions. Serve as the authoritative voice on accounting matters, providing strategic counsel to senior leadership on complex transactions and their financial reporting implications. Build organizational capability and influence industry standards to optimize F&G's competitive position. Maintain executive-level relationships with external auditors and regulatory bodies, ensuring F&G's accounting practices meet or exceed industry and regulatory standards while supporting the company's strategic growth initiatives. Manage a team and engage cross-functionally within the Finance department.

Requirements

• Bachelor’s degree or higher in accounting required
• Minimum 10 years’ experience
• Extensive knowledge of annuity products, life insurance products, and reinsurance for GAAP and STAT accounting required
• Strong analytical, organizational, and communication (both written and verbal) skills
• Flexible - ability to work independently
• Exercise sound judgment, present alternatives, and make recommendations
• Comfortable working under short timelines and managing multiple tasks
• Track record managing people in a manner that allows them to grow and succeed
• Comfort raising concerns about timelines when they may not be reasonable

Responsibilities

• Drive accounting strategy for investment portfolios and/or insurance product offerings and reinsurance, ensuring alignment with corporate objectives and regulatory requirements
• Provide executive counsel to senior leadership on and influence the design of complex transactions and their strategic financial reporting implications
• Lead organizational change management for accounting policy updates and regulatory changes affecting investment portfolios and/or insurance product offerings and reinsurance
• Establish and maintain governance frameworks to ensure consistent application of accounting policies across all investment activities and/or insurance product offerings and reinsurance
• Build and lead a high-performing team of accounting professionals, fostering a culture of excellence and continuous improvement
• Drive cross-functional collaboration at the executive level to optimize business outcomes and reporting efficiency
• Serve as primary executive liaison with external auditors (EY) for all accounting policy matters
• Represent F&G's interests in industry forums and standard-setting bodies to influence GAAP and SSAP developments
• Build strategic relationships with regulatory bodies and industry peers to advance F&G's position on emerging accounting issues
• Lead advocacy efforts to minimize adverse regulatory impacts on F&G's business model
• Ensure enterprise-wide compliance with all relevant accounting standards and regulatory requirements
• Proactively identify and mitigate accounting and reporting risks associated with investment activities and/or insurance products and reinsurance
• Establish robust documentation standards and control frameworks to support audit and regulatory examinations
• Exercise professional judgment to understand the commercial substance of transactions and provide appropriate challenge and critique
• Perform other functions, duties, and projects as assigned
• Regular and punctual attendance
• Minimal travel required

Preferred Qualifications

• CPA is highly preferred
• SOX and MAR experience preferred
• An in-depth understanding of the Statutory reporting considerations for the entire life cycle of a reinsurance transaction, including, among others, risk transfer, reinsurance credit and IMR

Benefits

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements