Financial & Reporting Accountant

Location Designation:Hybrid - 3 days per week

Our New York Life culture has laid the foundation for over 180 years of commitment to our employees, agents, policy owners, and the communities where we live and work. Here you become a valued part of a welcoming, inclusive, and caring organization with a long-standing legacy in stability and growth. The strength revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance.

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You willbe part ofan inclusive teamguided by our belief to always be there for each other-providing the support and flexibilityto grow and reach new heights while making an impact in the lives of others.

You are our future, and we commit to investing in you accordingly.

Investment Accounting & Reporting is responsible for coordination of reporting and analysis of the investment results. Performs a variety of duties including reporting of the Investments within NY Life's investment portfolios on Statutory basis, financial performance reporting, and understanding and implementing investment accounting policy, and reporting of various analyses. In this capacity, the role ensures that all relevant reporting is accurate and compliant with internal and external accounting policies and standards/regulations. The role also provides financial analysis that explains and supports the reported results.

Key Responsibilities
1. Prepare, analyze, and review financial reporting deliverables of NY Life's Investment portfolio including Senior Management reporting, Investment Committee reporting, Statutory Blue Books and Statutory Notes/Disclosures.
2. Manage day-to-day responsibilities, perform self-review, and communicate status timely to managers.
3. Review financial reporting for internal (Controller, CFO, Business Units and Investment Committee) and external (Regulatory) clients.
4. Take initiative to assist team in all capacities including assisting senior associates/managers in various projects or ad-hoc tasks and providing support to offshore team.
5. Coordinate and liaise with shared services on the preparation and delivery of investment related data
6. Ensure SOX compliance including developing, documenting, testing, and reviewing controls and procedures.
7. Assist in preparation and review of Rating Agency surveys.
8. Assist in the implementation and maintenance of Investment Accounting Policy in accordance with Statutory standards/regulations.

Qualifications:
Bachelor's Degree in Accounting or Finance

Minimum of two years of experience in accounting or finance.

Demonstrated ability to work independently and multi-task in a highly productive environment.

Strong oral and written communication skills.

Strong interpersonal and self-motivating skills

Team oriented. Awareness and desire to help. Ability to work in a fast-paced environment and shift priorities as necessary

Proficient in Microsoft Excel, Word, Access, and PowerPoint. SAP/Sharepoint (preferred)

Pay Transparency

Salary Range:$62,400-$90,000

Overtime eligible:Exempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.

Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by theFoundation.We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.

Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.

Job Requisition ID:91936