AXA
Manager, Investment Accounting & Reporting
AXA, Stamford, Connecticut, United States, 06925
Manager, Investment Accounting & Reporting
Stamford, CT I New York, NY I USA
The role of Manager, Investment Reporting & Analytics is part of AXA XL’s Chief Accounting and Capital Officer (CACO) team, comprised of an internationally located team of employees. The successful candidate will have a key role in the global investment accounting close function which includes the preparation, review and delivery of AXA XL investment-related results for inclusion in the AXA Group Annual Report, other public filings and analyst materials, as well as internal management reporting. The position includes the oversight team of two professional accountants in India and offers exposure to leaders throughout the broader Finance function, and therefore tangible opportunities to broaden and deepen knowledge of the re/insurance industry.
DISCOVER your opportunity
What will your essential responsibilities include?
Perform and supervise monthly investment accounting close activities of the Company’s alternative investment portfolio under International Financial Reporting's Standards (IFRS) basis and other local accounting and reporting requirements.
Responsible for review and approval of analysis and reconciliations performed on the investment data provided for completeness and accuracy based on IFRS and other local regulatory Generally Accepted Accounting Principles (GAAPs).
Responsible for review and approval of investment schedules and notes to financial statements, MD&A disclosures and internal management analysis for AXA Group and company’s subsidiaries on a quarterly and annual basis.
Preparation of audited financials for Company’s subsidiaries.
Collaborate with investment accounting services provider to ensure accounting policies are implemented and applied consistently as per Group accounting policies for various alternative investment portfolios (hedge funds, insurance affiliates, private equity and private credit).
Design accounting flow for new alternatives investments strategies in coordination with investment management team, group accounting team and accounting policy team.
Participate in the production of Investment budgeting and forecasting process for alternative portfolio with liaison with investment management team.
Preparation and review of the cashflow statement related to Alternative investment activities for various subsidiaries.
Understanding and assist with the application and adoption of new accounting pronouncements impacting investment accounting and disclosures under IFRS.
Maintain role-relevant internal controls over investment accounting to meet group and local requirements and work with internal and external auditors.
Work on ad hoc projects as required.
You will report to the Head of Investment Reporting, Accounting Policy and Climate Reporting.
SHARE your talent
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
Bachelor’s degree in accounting, Finance, or Economics from an accredited college or university.
Professional accounting designation (CA, CPA or equivalent) is preferred.
Intermediate to Advanced level financial accounting and reporting experience [investment accounting preferred but not required].
Detailed knowledge and practical experience with investment related financial accounting guidance.
Active listening, critical thinking and problem-solving skills, a high degree of accountability to self and the team, and a proven ability to work independently.
Must work in collaboration with offshore and onshore individuals or teams located in different regions.
Must have excellent organizational skills and be able to manage ad hoc requests.
Extensive experience with Microsoft Excel and Word.
Experience with Oracle EBS, SAP and/or Hyperion Financial Management would be advantageous.
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Inclusion & Diversity
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and reach their highest potential.
It’s about helping one another — and our business — to move forward and succeed.
Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
Robust support for Flexible Working Arrangements.
Enhanced family friendly leave benefits.
Named to the Diversity Best Practices Index.
Signatory to the UK Women in Finance Charter.
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
Valuing nature:
How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
Addressing climate change:
The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
Integrating ESG:
All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see axaxl.com/sustainability
The U.S. pay range for this position is USD 124,500 – 182,000. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offering, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).
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Stamford, CT I New York, NY I USA
The role of Manager, Investment Reporting & Analytics is part of AXA XL’s Chief Accounting and Capital Officer (CACO) team, comprised of an internationally located team of employees. The successful candidate will have a key role in the global investment accounting close function which includes the preparation, review and delivery of AXA XL investment-related results for inclusion in the AXA Group Annual Report, other public filings and analyst materials, as well as internal management reporting. The position includes the oversight team of two professional accountants in India and offers exposure to leaders throughout the broader Finance function, and therefore tangible opportunities to broaden and deepen knowledge of the re/insurance industry.
DISCOVER your opportunity
What will your essential responsibilities include?
Perform and supervise monthly investment accounting close activities of the Company’s alternative investment portfolio under International Financial Reporting's Standards (IFRS) basis and other local accounting and reporting requirements.
Responsible for review and approval of analysis and reconciliations performed on the investment data provided for completeness and accuracy based on IFRS and other local regulatory Generally Accepted Accounting Principles (GAAPs).
Responsible for review and approval of investment schedules and notes to financial statements, MD&A disclosures and internal management analysis for AXA Group and company’s subsidiaries on a quarterly and annual basis.
Preparation of audited financials for Company’s subsidiaries.
Collaborate with investment accounting services provider to ensure accounting policies are implemented and applied consistently as per Group accounting policies for various alternative investment portfolios (hedge funds, insurance affiliates, private equity and private credit).
Design accounting flow for new alternatives investments strategies in coordination with investment management team, group accounting team and accounting policy team.
Participate in the production of Investment budgeting and forecasting process for alternative portfolio with liaison with investment management team.
Preparation and review of the cashflow statement related to Alternative investment activities for various subsidiaries.
Understanding and assist with the application and adoption of new accounting pronouncements impacting investment accounting and disclosures under IFRS.
Maintain role-relevant internal controls over investment accounting to meet group and local requirements and work with internal and external auditors.
Work on ad hoc projects as required.
You will report to the Head of Investment Reporting, Accounting Policy and Climate Reporting.
SHARE your talent
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
Bachelor’s degree in accounting, Finance, or Economics from an accredited college or university.
Professional accounting designation (CA, CPA or equivalent) is preferred.
Intermediate to Advanced level financial accounting and reporting experience [investment accounting preferred but not required].
Detailed knowledge and practical experience with investment related financial accounting guidance.
Active listening, critical thinking and problem-solving skills, a high degree of accountability to self and the team, and a proven ability to work independently.
Must work in collaboration with offshore and onshore individuals or teams located in different regions.
Must have excellent organizational skills and be able to manage ad hoc requests.
Extensive experience with Microsoft Excel and Word.
Experience with Oracle EBS, SAP and/or Hyperion Financial Management would be advantageous.
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Inclusion & Diversity
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and reach their highest potential.
It’s about helping one another — and our business — to move forward and succeed.
Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
Robust support for Flexible Working Arrangements.
Enhanced family friendly leave benefits.
Named to the Diversity Best Practices Index.
Signatory to the UK Women in Finance Charter.
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
Valuing nature:
How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
Addressing climate change:
The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
Integrating ESG:
All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see axaxl.com/sustainability
The U.S. pay range for this position is USD 124,500 – 182,000. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offering, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).
#J-18808-Ljbffr