AVP, Accounting Advisory

Summary

The AVP, Accounting Advisory will serve as a senior strategic leader within F&G's Accounting Advisory organization, with a specialization in either investments or insurance products and reinsurance.  This role will drive accounting policy excellence and regulatory compliance for the company's investment portfolio and/or insurance products and reinsurance strategy. This role will oversee the strategic direction of accounting policy interpretation and implementation across the investment and insurance/reinsurance portfolios while ensuring alignment with F&G's broader business objectives and risk management framework.

This position requires executive-level partnership across the enterprise, including Investment Strategy, Hedging, Middle Office, Investment Accounting, Financial Reporting, FP&A, Reinsurance and Capital Planning functions. The AVP will serve as the authoritative voice on accounting matters, providing strategic counsel to senior leadership on complex transactions and their financial reporting implications. This role will drive organizational capability building and influence industry standards to optimize F&G's competitive position.

The AVP will maintain executive-level relationships with external auditors and regulatory bodies, ensuring F&G's accounting practices meet or exceed industry and regulatory standards while supporting the company's strategic growth initiatives.

Organization

This role will report into the SVP, Chief Accounting Officer and manage a team.  This role will also have cross-functional engagement with various areas of the Finance department, which may include– Financial Reporting, Capital Management, Reinsurance, Actuarial, FP&A, Tax Investment Strategy, Hedging teams, Middle Office, Investment Accounting, and Capital Planning

Duties and Responsibilities

Strategic Leadership & Governance

• Drive accounting strategy for investment portfolios and/or insurance product offerings and reinsurance, ensuring alignment with corporate objectives and regulatory requirements
• Provide executive counsel to senior leadership on and influence the design of complex  transactions and their strategic financial reporting implications
• Lead organizational change management for accounting policy updates and regulatory changes affecting investment portfolios and/or insurance product offerings and reinsurance
• Establish and maintain governance frameworks to ensure consistent application of accounting policies across all investment activities and/or insurance product offerings and reinsurance
• Build and lead a high-performing team of accounting professionals, fostering a culture of excellence and continuous improvement
• Drive cross-functional collaboration at the executive level to optimize business outcomes and reporting efficiency

External Relationships & Industry Influence

• Serve as primary executive liaison with external auditors (EY) for all accounting policy matters
• Represent F&G's interests in industry forums and standard-setting bodies to influence GAAP and SSAP developments
• Build strategic relationships with regulatory bodies and industry peers to advance F&G's position on emerging accounting issues
• Lead advocacy efforts to minimize adverse regulatory impacts on F&G's business model

Risk Management & Compliance

• Ensure enterprise-wide compliance with all relevant accounting standards and regulatory requirements
• Proactively identify and mitigate accounting and reporting risks associated with investment activities and/or insurance products and reinsurance
• Establish robust documentation standards and control frameworks to support audit and regulatory examinations
• Exercise professional judgment to understand the commercial substance of transactions and provide appropriate challenge and critique.

Experience and Education Requirements

• Bachelor’s degree or higher in accounting required
• Minimum 10 years’ experience
• CPA is highly preferred  
• Extensive knowledge of annuity products, life insurance products, and reinsurance for GAAP and STAT accounting required
• SOX and MAR experience preferred
• An in-depth understanding of the Statutory reporting considerations for the entire life cycle of a reinsurance transaction, including, among others, risk transfer, reinsurance credit and IMR

Knowledge, Skills & Abilities

• Strong analytical, organizational, and communication (both written and verbal) skills
• Flexible - ability to work independently
• Exercise sound judgment, present alternatives, and make recommendations
• Comfortable working under short timelines and managing multiple tasks
• Track record managing people in a manner that allows them to grow and succeed
• Comfort raising concerns about timelines when they may not be reasonable

Other Requirements

• Perform other functions, duties, and projects as assigned
• Regular and punctual attendance
• Minimal travel required

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