Director of Investment Accounting

PSG Global Solutions LLC

  • Durham, NC
  • 6 days ago

    Highlights

    Work Setup/Schedule: Hybrid - 3 days onsite in Durham, NC 27713 (Tuesdays, Thursdays, and one additional day of your choice) and 2 days remote. Strong knowledge of investment accounting, including fixed income, derivatives, alternatives, investment footnotes, and Yellow/Blue Books.

    Numbers & Facts

    LocationDurham, NC

    Description

    About the Opportunity:

    We are seeking a Director of Insurance Investment Accounting for a fast-growing insurance company in Durham, NC. This is a hybrid, hands-on leadership role overseeing the accounting and reporting of a complex investment portfolio and managing a team of 7 investment accounting professionals.

    Responsibilities:

    • Own/oversees the monthly and quarterly investment accounting close.
    • Reviews U.S. GAAP and statutory/NAIC reporting.
    • Oversees investment footnotes, schedules, and regulatory reporting.
    • Ensures accurate investment accounting and GL reconciliation.
    • Partners with Investments, Treasury, Financial Reporting, and external service providers.
    • Supports accounting treatment of new investment transactions.
    • Leads process improvement, automation, and finance transformation.
    • Coach, develop, and manage the investment accounting team.

    NOTE: Applicants must be U.S. citizens or permanent residents (Green Card holders) to be considered for this position.

    Job Type: Full-time permanent

    Benefits include: Medical, dental, vision.

    Work Setup/Schedule: Hybrid - 3 days onsite in Durham, NC 27713 (Tuesdays, Thursdays, and one additional day of your choice) and 2 days remote.

    Requirements:

    • Bachelor's degree required.
    • 10+ years of accounting/reporting experience within insurance or a top-tier audit firm.
    • Insurance statutory reporting and/or investment reporting experience preferred.
    • Strong knowledge of investment accounting, including fixed income, derivatives, alternatives, investment footnotes, and Yellow/Blue Books.
    • Manager-level experience with direct reports; experience leading teams of 7+ preferred.
    • Strong Excel and technology skills.
    • Experience with general ledger, reporting schedules, and financial close processes.
    • Proven experience with finance transformation, automation, and improving the close process.

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