What are the responsibilities and job description for the Investment Accounting - Alternative Investments position at Equitable?
Description
At Equitable, our power is in our people.
We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
Investment Accounting is key part of the finance organization and is responsible for the accounting and reporting of all invested assets held by Equitable. This team prepares and analyzes GAAP / STAT / Tax and Management reporting and is a key part of onboarding new investment initiatives. In order to accomplish our goals, each team member has the ability to handle difficult or unexpected situations and complex business challenges by working together as a unit.
Responsibilities include, but are not limited to :
- Consolidation, reconciliation, trend reporting, and analysis of complex reinsurance and non-reinsurance Investment Fee bills, payments, and accruals for AB, EFIM, EFIMA and others.
- Calculating and booking quarterly segment allocation and off quarter forecasting.
- Consolidate and analyze monthly, semi-annual, and annual Federal Reserve filings of Foreign Fund securities held by Equitable and its subsidiaries.
- Prepare and analyze annual Statutory deliverables including 14F investment limitations for each insurance entity and Treasury liquidity support.
- Provide reporting, analytic and ad hoc support of Equitable, EFLIC, and EFLOA investment results.
- Understand current controls and develop new financial control processes as needed to meet SOX, internal control, compliance, legal, regulatory, accounting and other business relationship activities.
- Provide support to internal and external audit queries.
In Office Schedule : This role will be working in office 2 days per week.
The base salary range for this position is $90,000-$115,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits :
Qualifications
Salary : $90,000 - $115,000
