Private Alternatives Accountant

Department Description:

• Insurance Operations/Accounting - Performing the GAAP/STAT accounting for Alternative Investment products, as well as Regulatory Reporting and full valuations of Insurance Client Assets.  Also performs analysis and advisory services for new product development and potential external clients.

Job/role Description:

• Prime Responsibilities
  • Work on accounting and reporting deliverables with EQH Accounting Teams
  • Responsibility for the accounting interface (journal entries) into the EQH General Ledger
  • Work with the AB PCI Middle Market Loan team to ensure the propriety of EQH’s PCI portfolio.    
  • Responsibility for the review of accounting packages and journal entries for the following Private Alts products into the EQH General Ledger
    • MergArb Fund
    • CLO Fud
    • CarVal Residential Mortgages
    • eCRED Fund
    • CRED, Private Placements and other Specialty Direct Investments
  • Review of SOC-1 documents issued by AB/EQH service providers
  • Review of current and proposed regulatory requirements for alternative products to ensure current and future GAAP and Stat reporting is compliant
  • Ensuring EQH data & reporting are delivery timely and accurately with focus on monthly/quarterly/year-end activities 

• Secondary Responsibilities

• Oversight of the Clearwater processing for alternative assets
• Support Private Alts Infrastructure and Insurance SBUs on new products, RFP’s and other IIA client requirements
• Support AB Investment professionals & Client Group/Sales in respect of IIA rules & regulation changes (e.g. NAIC updates)

What makes this role unique or interesting (if applicable)?

• Fast growing insurance asset management distribution channel at AB.  Looking for motivated individual with strong communication, relationship and analytical skills. Areas of expertise include US GAAP and statutory investment accounting, investment operations and SOX/SOC-1 controls, systems implementation, workflow analysis and process improvement. Knowledge of fixed income, equity securities and derivatives a plus.

  

Job Qualifications:

• >3 years Accounting experience
• Bachelor of Science in Accounting
• CPA/CFA Preferred

Nashville, Tennessee