Director of Corporate Accounting

About Martello Re

At Martello Re, we are building a distinctive reinsurance offering grounded in exceptional client service, innovative solutions, and advanced data analytics. We are committed to attracting top talent and empowering individuals to make meaningful contributions while advancing their careers. Our dynamic, high-energy environment fosters collaboration and encourages bold thinking at all levels. At the same time, we maintain a steadfast focus on long-term financial strength to serve the best interests of our cedants and their policyholders. 

The Director of Corporate Accounting is a senior leader within Martello Re’s Finance & Actuarial organization, responsible for overseeing the integrity, accuracy, and timeliness of financial reporting across our Bermuda headquarters and Charlotte office. This role sets the vision for corporate accounting operations, governs the multi‑entity close and consolidation process across U.S. GAAP and Bermuda statutory frameworks, and ensures a robust control environment that supports our life and annuity reinsurance platform.

The Director plays a pivotal role in shaping accounting policy, partnering with Actuarial, FP&A, Investments, Operations, and Technology to ensure high‑quality financial insights and regulatory compliance. The position also provides leadership and direction to the Corporate Accounting team, establishing clear expectations, elevating execution standards, and developing talent as the function scales with the growth of the business.

Key Duties and Responsibilities

Leadership & Oversight

• Lead the Corporate Accounting function across Bermuda and U.S. legal entities; set priorities, close calendars, and quality standards.
• Provide policy guidance, governance, and strategic partnership to the Controller on finance transformation priorities.
• Model high execution standards and build succession depth within the team.

Financial Close, Consolidation & Reporting

• Own monthly/quarterly/annual close and multi‑entity consolidation; review and approve complex journal entries, reconciliations, eliminations, and consolidated packs.
• Oversee U.S. GAAP and Bermuda statutory financial statements, Board/management reporting, and regulatory submissions (e.g., FCR/BSCR) in partnership with Actuarial.
• Ensure complete, timely, and well‑controlled support for internal and external audits; remediate findings and continuously strengthen controls.

Technical Accounting & Policy Governance

• Set and maintain corporate accounting policies; draft technical memos for complex life & annuity reinsurance structures (e.g., coinsurance, funds‑withheld/modco, retrocession, embedded derivatives) and for evolving guidance (e.g., LDTI).
• Provide authoritative interpretations for treaty onboarding and business changes (entity launches, collateral/experience accounts, new reporting requirements).

Regulatory & Capital Reporting Partnership

• Partner with Actuarial on EBS/BSCR production and analytics; align GAAP, statutory, and EBS views used by leadership and the Board.
• Coordinate with Risk/Capital Management to reflect treaty mechanics and investment economics consistently across bases.

Investment & Treasury Accounting Interface

• Oversee accounting for investment activity impacting corporate results (including alternatives/structured assets, derivatives/hedging, collateral/settlements tied to treaties) with Investments/Treasury and Investment Accounting.
• Ensure data quality, reconciliations, and mappings between investment platforms and the GL are accurate, complete, and controlled.

Controls, Systems & Process Improvement

• Own the internal control framework for Corporate Accounting; maintain documentation, testing cadence, and remediation oversight.
• Champion close acceleration, automation, and standardization leveraging SAP S/4HANA and complementary reporting tools; sponsor data governance enhancements with Technology.
• Other duties as needed.

Required Education and Experience

• Bachelor’s degree in Accounting or Finance required; Master’s preferred.
• Professional designation required (CPA, CA, ACCA, CMA, or equivalent).
• 10–15+ years of progressive accounting experience, including 5+ years in leadership roles within life & annuity (re)insurance or public