Lead, Investment Accounting Advisory

Summary

Join F&G's Accounting Advisory team as a Lead Investment Accounting Advisor, ensuring compliance with GAAP and Statutory reporting for F&G and its insurance carriers. You will evaluate and advise on the accounting for strategic new investments, derivative and hedging strategies, and other new projects. This role involves collaborating with various finance departments and acting as a key contact for accounting inquiries. Reporting to the Director, Accounting Advisory, you will work cross-functionally within the finance department. A Bachelor's degree in accounting and 5-7 years of experience are required. The position offers a flexible work environment with options for in-office, hybrid, and remote work arrangements.

Requirements

• Bachelor’s degree or higher in accounting
• 5-7 years experience

Responsibilities

• Evaluate and document appropriate GAAP and Statutory accounting and reporting requirements for strategic assets that are sourced by our investment portfolio manager, Blackstone
• Work closely with Blackstone portfolio managers and the F&G Chief Investment Office to analyze complex investment structures and clearly communicate the accounting and reporting requirements for those respective structures
• Analyze the use of hedge accounting to account for and record derivatives used by the company for risk management purposes by collaborating with the chief investment and risk offices to understand their risk management goals and the accounting and reporting outcomes that may be possible
• Monitor investment and derivative related GAAP and Statutory accounting guidance updates to assess applicability to the Company
• Disseminate the impact of new accounting guidance throughout the organization and working cross-functionally to ensure the Company is appropriately aware of the impacts of all relevant accounting literature
• Support the creation and maintenance of the Company’s investment related accounting policies

Preferred Qualifications

• CPA
• Recent Sarbanes-Oxley experience
• Experience researching accounting guidance or previous accounting policy experience
• Extensive knowledge of investment related areas for GAAP accounting (e.g., ASC 310, ASC 321, ASC 325-40, ASC 326, ASC 810, ASC 815, ASC 830, ASC 860)
• Extensive knowledge of investment related areas for Statutory accounting (e.g., SSAP 23, SSAP 26R, SSAP 37, SSAP 43R, SSAP 48, SSAP 86, SSAP 97, and an understanding of the AVR and IMR concepts that exist for Statutory reporting)
• Big 4 experience in the insurance audit practice or an accounting advisory role that focuses on accounting for insurance products and reinsurance transactions

Benefits

In-office, hybrid and remote work arrangements