Senior Financial Associate
2 weeks ago
Location Designation: Hybrid - 3 days per week
This position is hybrid - Tuesday - Thursday in the New York Office and Monday and Friday work from home.
Join the Corporate Finance team where expertise meets strategic impact. Collaborate with various business units, delivering financial insights and facilitating informed decision-making. You will work together to ensure data integrity, implement effective controls, and protect the interests of policy owners. Become part of a team committed to financial stewardship, enhancing business performance, and securing a prosperous future for generations to come.
Role Overview:
The Investment Accounting & Reporting team is responsible for the coordination of reporting and analysis of investment outcomes. This role encompasses a variety of tasks including the reporting of investments within New York Life's portfolios on a Statutory basis, financial performance analysis, and the understanding and implementation of investment accounting policies. The position ensures that all relevant reporting is accurate and adheres to internal and external accounting standards and regulations. Additionally, it provides financial analysis that elucidates and supports the reported outcomes.
What You'll Do:
- Prepare, analyze, and review financial reporting deliverables for New York Life's Investment portfolio, including Senior Management reports, Investment Committee reports, Statutory Blue Books, and Statutory Notes/Disclosures.
- Oversee daily responsibilities, conduct self-reviews, and communicate status updates promptly to management.
- Review financial reports for internal (Controller, CFO, Business Units, and Investment Committee) and external (Regulatory) stakeholders.
- Proactively assist the team in various capacities, including supporting senior associates/managers on projects or ad-hoc tasks and providing assistance to offshore teams.
- Coordinate with shared services to prepare and deliver investment-related data.
- Ensure compliance with SOX by developing, documenting, testing, and reviewing controls and procedures.
- Support the implementation and maintenance of Investment Accounting Policy in accordance with Statutory standards and regulations.
What You'll Bring:
A Bachelor's Degree in Accounting or Finance
- 3-5 years of experience in accounting or finance.
- Proven ability to work independently and manage multiple tasks in a highly productive environment.
- Excellent oral and written communication skills.
- Strong interpersonal skills and self-motivation.
- Team-oriented with a willingness to assist others. Ability to thrive in a fast-paced environment and adapt priorities as needed.
- Proficient in Microsoft Excel, Word, Access, and PowerPoint. Familiarity with SAP/SharePoint is preferred.
Pay Transparency
Salary Range: $77,500 - $132,500
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors including individual experience, skills, qualifications, and job location. Employees are also eligible for an annual discretionary bonus and may participate in an incentive program.
Our Benefits
We offer a comprehensive benefits package for employees, including unique offerings for a modern workforce such as leave programs, adoption assistance, and student loan repayment programs. Based on employee feedback, we continuously refine and expand our benefits to support your well-being both inside and outside of work.
Our Diversity Promise
We are committed to a diverse workforce as part of our mission to advocate for the financial security and success of individuals in every community. Diversity, equity, and inclusion (DEI) are core principles embedded in our brand and culture.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is dedicated to enhancing local communities through a culture of employee giving and volunteerism.
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