Investment Accounting, Assistant Director

AIG, Inc. is a leading provider of commercial and personal insurance products and services. It operates one of the world's most far-reaching property casualty networks and offers a broad range of products through a diversified, multichannel distribution network.Corporate Finance – Investment AccountingIn this group we handle the accounting and reporting for AIG's invested assets of over $95 billion, primarily fixed-maturity securities, private equity, hedge funds, loans, and equity securities. The group's responsibilities include reconciling transactional data to the general ledger, preparing external reports (10-Q/K, financial supplement, STAT audited financials, NAIC reporting), establishing accounting for new transactions and products, implementing GAAP and STAT changes, managing related controls and audit activities, and supporting Investment FP&A.ResponsibilitiesExecute and manage accounting processes related to the monthly and quarterly accounting close to ensure accuracy of AIG's invested assets data across all entities.Support the review and preparation of investment disclosures for AIG 10-Q/K and Financial Supplement, including investment, lending, fair value, VIE footnotes and MD&A.Support the review and preparation of NAIC statutory reporting and other regulatory reporting requirements.Lead the implementation of process improvements in coordination with other areas of the department/organization.Act as key point of contact and support for the various business units and corporate controllers.Coordinate with various areas of the organization to understand new investment transactions and provide guidance to ensure accurate accounting in AIG ledgers.Perform ad-hoc analytical requests.RequirementsBachelor's degree in accounting or finance.10+ years' experience in accounting and reporting for investment products.Deep understanding of investment products and accounting treatment for fixed-maturity, equity, and other investment products.Strong knowledge of GAAP and investment-related journal entries.Experience with statutory reporting and related schedules.Experience with foreign-currency remeasurement and translation.Excellent analytical skills, including commentary on investment data.Experience reviewing work papers supporting disclosures.High level of competency with Microsoft Excel, including pivot tables and formulas.Ability to work collaboratively with teams in multiple locations.Ability to balance multiple projects, prioritize, and approach work with urgency and attention to detail.Team-player mindset geared toward process improvements and implementation of accounting controls.High level of motivation, initiative, and ability to work independently.Comfort working within a dynamic and complex organizational structure.Excellent interpersonal skills for relationships at all levels of the organization.Strong written and verbal communication skills.Computer proficiency with Microsoft Office and database experience.Experience with PAM/Aladdin.For positions based in New York, the base salary range is $118,000–$178,000. For positions based in New Jersey, the base salary range is $126,000–$171,000. The position is eligible for a bonus under the applicable incentive plan and offers a competitive benefits package.Functional AreaFA – FinanceAIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected category. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you need a reasonable accommodation, please send an email to candidatecare@aig.com.J-18808-Ljbffr