About Martello Re
At Martello Re, we're building a distinctive reinsurance platform rooted in exceptional client service, innovation, and advanced data analytics. We're committed to attracting top talent and fostering a collaborative, high-energy environment where individuals are empowered to grow their careers and make meaningful contributions. Our long-term focus on financial strength ensures we serve the best interests of our cedants and their policyholders.
The Manager of Corporate Accounting plays a critical leadership role within a Bermuda-based life and annuity insurance company. Reporting to the Director of Corporate Accounting, this role oversees core corporate accounting operations, supports financial close activities, and ensures compliance with U.S. GAAP and Bermuda statutory accounting requirements. The Manager leads a team of corporate accountants and is responsible for maintaining accurate and timely general ledger reporting, supporting audits, and enhancing accounting processes. Proficiency with SAP S/4HANA and a solid understanding of insurance-related financial operations are essential for success.
Key Duties and Responsibilities
- Manage the day-to-day corporate accounting function, including journal entries, account reconciliations, and financial close activities.
- Supervise and mentor a team of corporate accountants to deliver accurate and timely financial reporting.
- Ensure compliance with internal controls, U.S. GAAP, U.S. Stat and Bermuda regulatory requirements.
- Review and approve general ledger entries and account reconciliations, ensuring accuracy and alignment with policy.
- Prepare and review monthly management and quarterly and annual board financial reporting (U.S. Stat, U.S. GAAP and Bermuda regulatory) and analytics.
- Prepare and review annual U.S. GAAP audited financial statements and supporting documentation, including footnote disclosures and schedules.
- Prepare quarterly and annual non-GAAP disclosures and supporting documents.
- Support external and internal audit processes, including coordination of requested schedules and documentation.
- Work closely with the Director of Corporate Accounting and cross-functional teams (e.g., investment accounting, treasury, tax, actuarial) on accounting, reporting and analyzing results.
- Coordinate with external tax consultants with preparation of state and federal tax returns, including gathering supporting documents, registering with new states, responding to state requests, reconciling support to returns and filing returns and payments prepared by tax consultants.
- Oversee the booking of operating expenses and oversee and assist in preparation of monthly actual to budget operating expense analysis.
- Continuously evaluate and enhance accounting processes for efficiency, accuracy, and scalability.
- Serve as a key user and subject matter expert on SAP S/4HANA in support of financial operations and reporting.
- Participate in the adoption of new accounting policies or system changes as the organization grows.
- Other tasks as assigned.
Required Education and Experience
- Bachelor's degree in Accounting or Finance required; CPA or equivalent international designation preferred.
- Minimum 7 years of progressive accounting experience, including at least 2 years in a supervisory or management capacity.
- Experience in life and annuity insurance is required.
- Experience in reinsurance is preferred.
- Proficiency in SAP S/4HANA is an asset.
- Knowledge of U.S. GAAP and U.S. Stat accounting and reporting is required.
- Knowledge of Bermuda Stat accounting and reporting is an asset.
Required Skills
- Strong leadership skills with the ability to coach, mentor, and develop accounting professionals.
- Excellent analytical and problem-solving skills with a high attention to detail.
- Strong organizational and time management abilities; capable of managing multiple priorities.
- Effective communicator, both written and verbal, with strong interpersonal skills.
- High ethical standards and integrity.
- Ability to work independently and as part of a team and to manage ambiguity.
- Proficiency in Microsoft Excel and experience with financial reporting tools.
Supervisory Responsibilities
- Directly supervises a team of corporate accountants.
- Responsible for goal setting, performance management, coaching, and professional development.
- Assists the Director in staffing, team structure, and succession planning.
Location and Travel
- Martello Re welcomes applications for remote positions from candidates residing in the Eastern United States or in states where the company currently operates. We are proud to be an equal opportunity employer and consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected status.
- Quarterly travel to Martello Re offices for internal meetings, or as determined by business needs.
Physical Requirements
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift 15 pounds at times.
Note for Recruitment Agencies
We kindly request that you do not forward any resumes to Martello Re employees unless specifically requested for this position or other roles within our organization. Martello Re bears no responsibility for fees related to unsolicited resumes.
Note to Applicants
Personal Information collected is used for recruitment purposes only and will be shared with hiring managers and those involved in the hiring process. We may retain your personal information for a reasonable period in compliance with applicable regulations, typically one year post application submission, to enable us to match your details with other suitable job opportunities that may arise from time to time, unless otherwise requested. Please refer to Martello Re's Privacy Notice for further information on your rights and how we protect your personal information: Privacy Notice– Martello Re.
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