Senior Accounting Services Analyst

All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact recruiting@gafg.com.

COMPANY OVERVIEW

Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.

Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us. 

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COMPANY OVERVIEW

Global Atlantic Financial Group Limited is a financial services company focused on the annuity, life insurance and reinsurance markets. Through its family of brands — including Forethought, Accordia Life and Commonwealth Re — Global Atlantic offers a broad range of retirement and protection products, as well as reinsurance solutions.  Global Atlantic was founded at Goldman Sachs in 2004 and separated as an independent company in 2013. The company today has nine offices and over $40 billion in assets.

Global Atlantic offers employees the unique opportunity to work in a fast-paced, collaborative and meritocratic working environment. The Company’s unique entrepreneurial culture encourages all employees to assume significant levels of responsibility. Global Atlantic invests in its people because it believes they are critical to the long term success of its business.

POSITION OVERVIEW

Global Atlantic Financial Company is seeking a candidate for the position of Senior Accounting Services Analyst.  Responsibilities include:

• Member of the Third Party Administrators (TPAs) Accounting team, responsible for performing daily, monthly, and quarterly closing procedures, including preparing journal entries, account reconciliations, and analytical review of activity posted by TPAs.
• Investigate unanticipated variances and provide detailed comments to TPAs or other stakeholders to ensure an efficient and accurate accounting close for financial reporting.
• Analyze service workflows and automated technologies to recommend process and system improvements that maximize operating efficiencies.
• Support special projects, system enhancements, and provide production support.
• Assist in the preparation of year-end financial statements and regulatory reports.
• Complete assigned account reconciliations.
• Support monthly flux analysis review.
• Assist in year-end audit process by monitoring deliverables and coordinating timely delivery of open requests, as well as thinking creatively about how to respond to requests efficiently.
• Develop familiarity and work effectively with various software packages such as Peoplesoft GL, Essbase and Hyperion Financial Management reporting nvVsion and EDH/Tableau.
• Serve as a subject matter expert (SME) and “own” the accounting on designated blocks of business.
• Assist in training and supervising Analysts and contractors (who are supervised by other team members) as needed.
• Participate in quarterly close processes, which due to fixed due dates, may necessitate work on weekends and/or holidays to ensure all relevant financial records for each quarter are timely reviewed, recorded, and reconciled.

QUALIFICATIONS

• Bachelor’s degree (U.S. or foreign equivalent) in Accounting, plus two (2) years of insurance accounting experience.
• Prior experience must include two (2) years of:
  • Recording journal entries in general ledger applications (Oracle and Peoplesoft a strong plus).
  • Experience with GL and related data reporting software packages, such as Peoplesoft GL, Essbase, nVision, and EDH/Tableau.
  • Performing daily, monthly, quarterly closing procedures including journal entries, account reconciliations.
  • Working with Excel, including data functions, formulas, and pivot tables.
• Prior experience must include one (1) year of:
  • Preparing financial statements and similar reports.
  • Assisting year-end audit process to verify financial statements for external auditors.