Senior Accountant- Derivatives

Position Overview

More than anything, RGA employees love their jobs because it's challenging work. We believe smart people work smarter when they're empowered.

When they use logic, balanced with creativity and curiosity. At the forefront of RGA's culture is collaboration - a must to be successful within our organization.

These are just a few of the attributes we are looking for in a Senior Investment Accountant to join our team.

The Senior Investment Accountant - Derivatives accounts for the normal course of business investment and derivative activity on a US GAAP and Statutory basis.

This department requires local residency for a hybrid work schedule.

Responsibilities

• Performs weekly cash and transactional reconciliations for derivative activity.
• Performs weekly collateral position reconciliations with counterparties.
• Monitors Hedge accounting reports and reconciliations to provide ongoing status updates to Director.
• Maintains hedge accounting amortization schedules and monitors early maturities of hedged items.
• Prepares regular monthly journal entries
• Assists in regular hedge effectiveness testing
• Maintains RSAT database and processes new / modified RSAT's through the application process.
• Navigates through substantial quantities of data / reports and / or statements to detect errors and gather financial information for reporting and / or makes recommendations to set up new portfolios in all systems and setup reconciliation / reporting files.
• Assists in investment reporting and analysis for department projects.
• Refines accounting / financial reporting procedures and guidelines to ensure accurate consolidation of existing and emerging domestic and international accounts.
• Works with other functional areas in the Company to achieve efficient and effective accounting and reporting practices and procedures and responds to and requests from other functional areas on various inquires.

Requirements

Education and Experience

Required :

• Bachelor's Degree in Accounting / Finance or equivalent related work experience
• 2+ years accounting or auditing experience

Skills and Abilities

Required :

• Knowledge of accounting / finance theory and application
• Ability to be flexible when needed, take initiative, and demonstrate accountability.
• Intermediate oral and written communication skills demonstrating ability to share and impart knowledge.
• Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions.
• Intermediate level of investigative, analytical, and problem-solving skills
• Intermediate interpersonal skills
• Ability to set goals and handle multiple tasks, clients, and projects simultaneously; Ability to appropriately balance priorities, deadlines, and deliverables
• Ability to work well within a team environment and participate in department / team projects
• Ability to balance detail with departmental goals / objectives
• Ability to translate business needs and problems into viable / accepted solutions
• General business acumen
• Basic Word, intermediate Excel and SQL / Query skills

Company Overview

Discover Reinsurance - https : / / www.rgare.com / our-company / about-rga

Our history, purpose, partnership, reinsurance, RGA Central (client portal), industry recognition, and risk assessment.

Discover Your Purpose - https : / / www.rgare.com / careers / careers-overview

Join a community of people driven by the same purpose : to make financial protection accessible to all. What we do, work life worldwide, culture and purpose, diversity, equity and inclusion, career development, benefits and balance, and becoming a candidate.

Discover RGA - https : / / www.rgare.com /

Reinsurance Group of America - Making financial protection accessible to all, solutions for every situation, RGA Knowledge Center, global insight locally delivered, our responsibility at RGA, newsroom, and policy and governance.

The general pay range for this position is $63,400-$101,600 per year. Base pay varies depending on job-related knowledge, skills, experience, and market location.

In addition, RGA provides an annual bonus plan that includes all roles, and some positions are eligible for participation in our long-term equity incentive plan.

RGA maintains a full range of health, retirement, and other employee benefits.

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