Investments Accounting Consultant (Charlotte, NC (Hybrid) or Remote)
Brighthouse Financial, Charlotte, NC, United States
Investments Accounting Consultant (Charlotte, NC (Hybrid) or Remote)
Where you’ll work: Our flexible, hybrid work model offers the option to work remotely or in the office. How you’ll contribute: As an Accounting Consultant, you’ll support the Derivative accounting team and associated reporting for Brighthouse Financial’s investments in derivative instruments. The company uses derivatives to manage its exposures to changes in interest rates, foreign currency exchange rates, equity markets and credit risk across its diverse investment portfolio and hedging liabilities. Some derivatives are designated as qualifying hedges for GAAP and statutory purposes and have special documentation and accounting requirements. In this role, you’ll get to: Prepare derivatives disclosures in the 10‑K, 10‑Q, QFS, and stand‑alone audited financial statements on a GAAP & Statutory basis. Support preparation of statutory blue‑book investment derivative schedules. Assist with preparing journal entries for derivative accounting. Assist management in monthly preparation and review of reconciliations. Assist management with implementation of new accounting pronouncements impacting derivatives. Support management’s initiative to expand or implement accounting for new derivative strategies. On‑going tracking of hedged items for derivative accounting. Prepare documentation of processes and controls associated with the hedge accounting program. Analyze and validate data from internal and external sources. Develop accurate and timely ad‑hoc reports. Analyze business‑critical data and recommend improvements. Maintain accurate, meaningful, and updated technical and non‑technical documentation on all responsibilities. Respond to questions from external and internal auditors, front office and financial reporting teams regarding qualifying derivatives, documentation and testing. Other duties as assigned. We’re looking for people who have: Bachelor’s degree in accounting or finance. 5+ years of accounting experience in a public or private company environment is preferred. Working knowledge of GAAP or statutory accounting and reporting is required. Previous experience in derivative accounting and reporting. Organizational skills and ability to track various issues simultaneously. Excellent oral and written communication skills. Proficiency in Microsoft Office (Excel, Word, and Access) is required. Proficiency in Power BI and/or SQL is preferred. Completion of or progress toward CPA or MBA is preferred. What you’ll receive: Compensation – Base salary ranging from $87,000 to $100,000 plus competitive performance‑based incentives. Flexible Work Environment – Work remotely or in the office to better thrive in all areas of life. Paid Time Off – Minimum 20 days of paid time off, 16 paid company holidays per calendar year, paid volunteer time, and paid study time. Financial Health – 401(k) savings plan with company match up to 6% and annual non‑discretionary contribution of 3%, plus financial counseling services. Health and Wellness – Competitive medical, vision, and dental plans plus tax‑free health savings accounts with company contributions up to $1,000 per family. Family Support – Up to 16 weeks of paid leave for new parents, backup dependent care, dependent‑care flexible spending account, and up to $25,000 lifetime maximum for adoption, infertility, or surrogacy. Life and Disability Support – Company‑paid basic life insurance and short‑term disability insurance. Travel: None Number of Openings: 1 Brighthouse Financial is a proud equal‑opportunity/affirmative‑action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is Brighthouse Financial's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
#J-18808-Ljbffr
Where you’ll work: Our flexible, hybrid work model offers the option to work remotely or in the office. How you’ll contribute: As an Accounting Consultant, you’ll support the Derivative accounting team and associated reporting for Brighthouse Financial’s investments in derivative instruments. The company uses derivatives to manage its exposures to changes in interest rates, foreign currency exchange rates, equity markets and credit risk across its diverse investment portfolio and hedging liabilities. Some derivatives are designated as qualifying hedges for GAAP and statutory purposes and have special documentation and accounting requirements. In this role, you’ll get to: Prepare derivatives disclosures in the 10‑K, 10‑Q, QFS, and stand‑alone audited financial statements on a GAAP & Statutory basis. Support preparation of statutory blue‑book investment derivative schedules. Assist with preparing journal entries for derivative accounting. Assist management in monthly preparation and review of reconciliations. Assist management with implementation of new accounting pronouncements impacting derivatives. Support management’s initiative to expand or implement accounting for new derivative strategies. On‑going tracking of hedged items for derivative accounting. Prepare documentation of processes and controls associated with the hedge accounting program. Analyze and validate data from internal and external sources. Develop accurate and timely ad‑hoc reports. Analyze business‑critical data and recommend improvements. Maintain accurate, meaningful, and updated technical and non‑technical documentation on all responsibilities. Respond to questions from external and internal auditors, front office and financial reporting teams regarding qualifying derivatives, documentation and testing. Other duties as assigned. We’re looking for people who have: Bachelor’s degree in accounting or finance. 5+ years of accounting experience in a public or private company environment is preferred. Working knowledge of GAAP or statutory accounting and reporting is required. Previous experience in derivative accounting and reporting. Organizational skills and ability to track various issues simultaneously. Excellent oral and written communication skills. Proficiency in Microsoft Office (Excel, Word, and Access) is required. Proficiency in Power BI and/or SQL is preferred. Completion of or progress toward CPA or MBA is preferred. What you’ll receive: Compensation – Base salary ranging from $87,000 to $100,000 plus competitive performance‑based incentives. Flexible Work Environment – Work remotely or in the office to better thrive in all areas of life. Paid Time Off – Minimum 20 days of paid time off, 16 paid company holidays per calendar year, paid volunteer time, and paid study time. Financial Health – 401(k) savings plan with company match up to 6% and annual non‑discretionary contribution of 3%, plus financial counseling services. Health and Wellness – Competitive medical, vision, and dental plans plus tax‑free health savings accounts with company contributions up to $1,000 per family. Family Support – Up to 16 weeks of paid leave for new parents, backup dependent care, dependent‑care flexible spending account, and up to $25,000 lifetime maximum for adoption, infertility, or surrogacy. Life and Disability Support – Company‑paid basic life insurance and short‑term disability insurance. Travel: None Number of Openings: 1 Brighthouse Financial is a proud equal‑opportunity/affirmative‑action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is Brighthouse Financial's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
#J-18808-Ljbffr