VP, Finance Integration

This is a fully remote position, open to applicants in New Jersey, +1 more state.

📋 Description

• Assist in the financial integration of new transactions, which include acquisitions or formations of legal entities, reinsurance deals, securitizations, debt issuance, and intricate investment frameworks.

• Implement initiatives related to accounting aspects, financial reporting, audit compliance, internal controls, and financial analysis.

• Supervise the incorporation of transactions into reinsurance, investment, and general ledger systems.

• Manage project plans for finance integration, including deliverables, timelines, milestones, costs, and time budgets.

• Collaborate with finance, accounting, operations, and technology teams to provide cohesive solutions.

• Create and execute a standardized integration playbook.

• Identify and escalate obstacles, risks, and dependencies to senior leadership.

• Deliver progress reports, status updates, and integration documentation.

• Maintain and revise the Internal Control over Financial Reporting (ICFR) program for new transactions.

• Assist with both internal and external audits as well as control developments.

• Document and test changes to the General Ledger across various bases including US GAAP, US STAT, Management non-GAAP, and Bermuda SFS/EBS.

• Develop illustrative journal entries, cost/revenue elements, and profit center coding.

• Implement reporting and disclosure requirements, reconciling transaction data across financial statements, actuarial models, and reporting systems.

• Facilitate the Structured Transaction Working Group and aid in the assessment of complex investment transactions.

• Onboard new portfolios, including mirror/cession investment structures and reinsurance transactions.

• Coordinate data and control necessities for investment assets and reinsurance-related entities.

• Support accounting setup, valuation, and reporting for capital market and securitization transactions.

• Utilize AI in the integration process.

• Develop and maintain Business Requirement Documents (BRDs), process maps, and methodology memoranda.

• Ensure compliance with accounting policies, internal controls, and regulatory requirements.

• Work with senior stakeholders, corporate development, pricing, legal, and reinsurance operations teams.

• Engage in lessons-learned reviews to enhance integration processes and controls.

⛳️ Requirements

• Bachelor's degree in Finance or Accounting.

• CPA or an equivalent certification.

• 10-12 years of experience in accounting, auditing, or financial project management within the insurance, reinsurance, or financial services sectors.

• Strong comprehension of ICFR, auditing practices, US GAAP, and financial reporting controls.

• Extensive knowledge of Life and Annuity insurance products and their associated accounting.

• Proficient understanding of reinsurance transaction structures, including coinsurance, modified coinsurance, and funded whole life (FWH).

• Experience in managing large-scale integration or financial transformation initiatives.

• Familiarity with capital markets transactions and debt issuance procedures.

• Proficient in financial systems and general ledger platforms.

• Strong project management abilities and skills in issue resolution.

• In-depth audit and control expertise.

• Exceptional attention to detail and a disciplined approach to documentation.

• Agile mindset towards process improvement and integration.

• Strong sense of accountability and proactive problem-solving skills.

• Growth mindset committed to continuous improvement and innovation.

🏝️ Benefits

• Annual bonus based on both company and individual performance.

• Comprehensive benefits package.

• Equal opportunity and inclusive workplace culture.