Lead Investment Accountant - Global Atlantic Financial Group - Remote
(2023-02)
Support Investment Accounting with various insurance subsidiaries, which entails preparing the monthly ledger reconciliations to validate the accuracy of the investment results in subledgers on a STAT basis.
- Prepare the required quarterly and annual NAIC Investment schedules and STAT audited financials
- Support process enhancements related to achieving an accelerated close that produces timely, accurate and complete investment accounting results in an efficient manner
- Collaborate with management and the IT department building out robust analytics and reporting to support all business needs
- Responsible for performing monthly investment reconciliation between the ledger and subledger for various insurance subsidiaries on a GAAP and STAT basis, primarily for fixed maturity securities, including preparing journal entries and other investment accounting activities
- Perform month end closing procedures, including analytical reviews of income earned, unsettled trades, suspense accounts, and other financial statement items
- Responsible for the preparation of annual rating agency surveys for investments
- Prepare management reports that provide analysis of investment results
- Perform frequent ad hoc analysis and assist with special projects, as requested
- Assist with recording Limited Partnership detail on a quarterly basis
- Programs Used – Clearwater, Oracle, Wings, Wdesk
Lead Investment Accountant - AIG - New York, NY
(2017-11 - 2023-01)
- Provided high level management financial reporting and analysis
- Collaborated on the implementation process from PAM to Clearwater systems, additionally preform a pre-close check to ensure all data is accurate or updated accordingly
- Scrutinized GL system data to direct entry data and rectify any discrepancies accordingly
- Analyzed retagging of securities to ensure proper maintenance
- Partnered on the preparation of the reconciliation of ledger to investment system (GAAP & STAT)
- Prepared investment related adjustments to ensure the appropriate data is recorded in the ledger and reflected in the quarterly and annual financial results (GAAP & STAT)
- Compiled and review the monthly/quarterly/annual investment analysis of Holdings and Income report data
- Determined the variables for variances (variance analysis) and prepare reports for management
- Reviewed Investment Schedules/Regulatory Reports (Schedules B, BA, D, DA and E) for Quarterly and Annual Statutory Financial Statements (Yellow and Blue Books)
- Prepared notes and general interrogatories to the financial statements quarterly and annually
- Collected sales and purchases data to analyze and prepare Board of Directors reports
- Evaluated and update quarterly Interest Maintenance Reserve and Asset Valuation Reserve data and record findings
- Gathered OPR and Suspense account reports for analysis and make adjusting entries as necessary
- Provided Cash-Non Cash analysis and report results to management
- Reviewed and confirm accurate Blackline reconciliation data and submit certifications
- Assisted with development and improvement of investment accounting procedures and processes
- Prepared journal entries monthly for GAAP & STAT in order to reconcile general ledger and subsidiary ledger for investment assets on both a GAAP & STAT basis
- Programs used – SAP, Clearwater, Microstrategy, Infopoint, PAM, Wings, TCP, MDG, Blackline, Sharepoint
Senior Financial Analyst - Time Warner - New York, NY
(2015-07 - 2017-11)
- Prepared and presented of the annual budget and monthly forecast for the market, including business planning, variance analysis
- Collected, analyzed, and consolidated key financial information and operational metrics
- Created and analyzed P&L schedules that support outlook and budget
- Monthly P&L review, analysis, research, and variance explanations
- Coordinated with Operations functional areas for financial and workforce planning
- Performed operational and financial analysis of factors impacting regional Key Performance Indicators (KPI)
- Acted as liaison with support teams in developing strategies and plans to improve financial and statistical reporting processes
- Structured monthly financial packages and reports
- Developed and maintained financial models that enhance operational efficiencies and effectiveness
- Financial reporting and analysis
- Programs used – SAP, Oracle, Hyperion Essbase
Senior Accountant - Live Nation - San Francisco, CA
(2012-04 - 2015-07)
- Performed all accounting duties for VIP ticketing services
- Determined VIP package pricing for 30+ artists tours
- Developed and maintained VIP budgets and forecasts for artists tours
- Initiated and standardized a comprehensive KPI analysis to accurately determine ticket pricing considering related criteria to maximize profitability
- Organized and authorized all VIP services for all shows
- Approved all purchase orders and A/P expenses relevant to artist shows
- Introduced an analysis to determine major revenue driving components
- Implemented VIP show analysis to ensure concise pricing considering all demographic data
- Reviewed and analyzed general ledger daily to ensure accuracy and attended to discrepancies
- Scrutinized financial statements for inconsistencies and made adjustments accordingly
- Programs used – QuickBooks, Netsuite, SAP
Senior Accountant - Verizon Business - Basking Ridge, NJ
(2007-10 - 2012-02)
- Performed account/expense analysis for all of GNI
- Reviewed monthly budget, forecast and variance analysis
- Analyzed P&L and balance sheet for all GNI accounts daily
- Completed monthly, quarterly and year end close for GNI by preparing journal entries (recurring, accruals, reclasses and adjusting)
- Produced and reviewed trend reports and provided to upper level management throughout close to ensure accurate operation of close
- Reviewed data to complete balance sheet flux provided to consolidations group and upper level management
- Transmitted PeopleSoft database to update management information systems (Biz Frame, DAT)
- Prepared control submission for review by consolidations group
- Gathered, analyzed and consolidated supplemental data and uploaded figures into Hyperion for consolidations group and upper level management
- Updated cash flow worksheets from several data sources and inputted into Hyperion for consolidations group and upper level management
- Compiled and reviewed account reconciliations from inter-company departments
- Analyzed general ledger daily to locate and resolve any discrepancies, advised of fluctuations from month to month and year to year
- Compiled data necessary to evaluate and update budgets and forecasts for upcoming fiscal year by account and analyzed using various excel formulas to capture desired figures
- Settled accounts between GNI and other entities monthly
- Partnered in the implementation of SAP
- Programs used – PeopleSoft, SAP, Hyperion Essbase, Sharepoint
