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Senior Accountant

Posted on Jan 24, 2019 by Brighthouse Financial, Inc.

Charlotte, NC 28201
Accountancy
16 Jan 2019
Annual Salary
Full-Time
Brighthouse Financial is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S., we specialize in products designed to help people protect what they've earned and ensure it lasts. We are built on a foundation of experience and knowledge, which allows us to keep our promises and provide the value they deserve.

At Brighthouse Financial, we're fostering a culture where diverse backgrounds and experiences are celebrated, and different ideas are heard and respected. We believe that by creating an inclusive workplace, we're better able to attract and retain our talent, provide valuable solutions that meet the needs of our advisors and their clients, and deliver on our mission of helping more people achieve financial security. We're seeking passionate, high-performing team member to join us. Sound like you? Read on.

Role Value Proposition:
Reporting to the Manager of Core Finance, under Controllers Operations, this position will be responsible for the financial statements of lower tier subsidiaries, handling both GAAP and STAT reporting. (S)he will perform tasks with high degree of accountability. The Core Finance Senior Accountant will help ensure the accuracy of the ledger information and will use it to create comprehensive and coherent attribution-based analysis on financial results and business drivers. In addition to the production of financial reports, the Senior Accountant will work towards developing insurance and reinsurance related business knowledge that enhances his/her relative contribution to the organization.

Key Responsibilities:
  • Prepare GAAP and STAT journal entries. Investigate all variances in premiums, fees, other income, benefits, and interest credited income statement lines.
  • Complete GAAP detailed income statement and balance sheet analysis to explain variances for product earnings sign-off. Reconcile various balance sheet accounts.
  • Reviews actual vs. projection results by product for GAAP earnings sign-off and researches discrepancies, as needed.
  • Review reinsurance treaty activity and settlement sheets for accuracy and reasonableness.
  • Prepare GAAP analysis of income statement and balance sheet.
  • Complete STAT detailed income statement and balance sheet analysis at the legal entity level to explain variances for earnings sign-off.
  • Prepare quarterly financial metrics to aid in both internal and external management reporting.
  • Handle ad hoc request as they arise and participate in special projects as needed.
  • Provide documentation as needed to SOX, external auditors, and internal auditors.
  • Responsible for the maintenance of complex general ledger entries and is responsible for the accuracy of financial statements and managerial reports according to GAAP and STAT Accounting Principles.
  • Stays abreast of accounting procedures or new product accounting rules as changes arise.

Essential Business Experience and Technical Skills:
  • B.A./B.S. in Accounting/Finance or equivalent
  • 3-8 years of experience in Accounting
  • CPA, MBA, or CMA highly desired
  • Proficient in US GAAP; knowledge of FAS97 and FAS60 accounting a plus
  • Proficient in insurance and reinsurance accounting and US STAT
  • Knowledge of SAP ERP a plus
  • Demonstrated strong analytical skills
  • Ability to produce results and carry out initiatives independently
  • Effective time management and prioritization
  • Ability to work within tight time constraints and multiple priorities
  • Excellent verbal and written communication skills
  • Excellent interpersonal skills, teamwork and collaboration
  • Overtime is required during peak periods
  • Ability to produce results and carry out initiatives independently
  • Pays attention to details while having the ability to understand impacts to the broader organization


Senior Accountant

Reference: 630077683

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