AVP or VP, Assistant Controller

About the role

The AVP or VP Assistant Controller serves as key support to the Controller. This position will be responsible for overseeing all aspects of accounting and financial reporting for multiple entities on a U.S. Statutory and U.S. GAAP basis. Leadership Role Responsibilities: Lead the accounting team, providing clear direction aligned with Company objectives, financial strategy, and risk management priorities Act as a key partner to the Controller and executive leadership team, contributing to financial governance, operating strategy, and business decision-making Prepare and present financial analysis and insights to senior leadership and the Board of Directors Act as Controller in their absence, ensuring continuity in leadership, decision making, and execution Develop and mentor team members, fostering a high-performance, accountable, and collaborative environment

Responsibilities

• Lead the accounting team, providing clear direction aligned with Company objectives, financial strategy, and risk management priorities
• Act as a key partner to the Controller and executive leadership team, contributing to financial governance, operating strategy, and business decision-making
• Prepare and present financial analysis and insights to senior leadership and the Board of Directors
• Act as Controller in their absence, ensuring continuity in leadership, decision making, and execution
• Develop and mentor team members, fostering a high-performance, accountable, and collaborative environment
• Oversee the quarterly and annual close processes, ensuring accurate, timely and, and well-controlled financial reporting
• Lead the preparation and review of U.S. Statutory and GAAP financial statements, footnotes, and management reporting packages
• Ensure completeness and accuracy of internal and external reporting, including Board materials, regulatory filings, rating agency deliverables, and client reporting
• Establish and enforce close calendars, review standards, and reporting governance across the accounting team
• Provide technical accounting leadership across life, annuity and reinsurance transactions
• Oversee accounting and analysis for reinsurance structures, including: Modco and funds withheld arrangements, coinsurance and YRT treaties, and embedded derivatives and investment-related features where applicable
• Support interpretation and application of new accounting guidance (U.S. GAAP and U.S STAT) and ensure consistent implementation
• Document methodologies and accounting policies used by Wilton Re in support of U.S. GAAP and U.S. STAT accounting and reporting
• Maintain and enhance a robust internal control framework, including SOX and Model Audit Rule compliance
• Coordinate and lead external and internal audits, ensuring efficient execution and timely issue resolution
• Establish and enforce accounting policies and governance standards
• Drive continuous improvement in accounting processes, focusing on efficiency, scalability, and accuracy
• Oversee and optimize use of financial systems and tools
• Partner with IT and other finance teams to enhance data infrastructure, reporting capabilities, and automation
• Identify and implement opportunities to strengthen data quality, reconciliations, and workflow automation
• Cross-functional and Business Support: Collaborate with Business Development and New Deal Integration teams to evaluate accounting implications of new transactions, acquisitions, and reinsurance arrangements
• Partner with Actuarial, Treasury, Tax, and Investment teams to ensure alignment across financial reporting and business activities
• Provide accounting guidance on new transactions and strategic initiatives

Qualifications

• Minimum 8 years of progressive accounting experience, including 5+ years within the life insurance or reinsurance industry
• Deep knowledge of U.S. Statutory and GAAP accounting applicable to insurance and reinsurance companies
• Big 4 public accounting experience or combination of public and private experience
• Strong analytical, problem-solving, and critical thinking skills with the ability to interpret complex financial transactions and information
• Demonstrated ability to evaluate, streamline, and enhance business processes to improve efficiency and control
• Prominent sound judgment and decision-making capabilities in a dynamic environment
• Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders across all levels and functions
• Prominent ability to lead, develop, and manage teams while balancing multiple priorities in a fast-paced environment
• Experience managing outsourced and third-party service provider relationships, ensuring quality, accountability, and performance
• Bachelor’s degree in Accounting, Finance, or related field
• Candidate with CPA or MBA preferred