Ifrs & Investment Accounting Manager

Job Responsibilities and Requirements
The IFRS/Investment Accounting Manager is responsible for the supervision and review of deliverables related to various functional areas of the Investment Accounting Department including impairments, accounting policy, financial disclosures and special projects as assigned. The Manager, IFRS/Investment Accounting will also serve as a resident expert in respective International Financial Reporting Standards (IFRS) 9 accounting guidance, providing assistance with appropriate disclosures and accounting treatment for various asset classes and investment strategies, and completion of a variety of ad-hoc projects consistent of the Company's implementation of IFRS and Long Duration Targeted Improvements (LDTI), including controls implementation for these adoptions. The Manager of IFRS/Investment Accounting will be an individual contributor role to assist management and the overall department in achieving its short-term and long-term objectives.
Project Based Initiatives

• Provides assistance to management for IFRS implementation and in producing IFRS-related disclosures as assigned.
• Reviews operational workflow to identify areas of opportunity to streamline and automate tasks.
• Assists in the development and documentation of accounting policies and procedures for IFRS, ensuring documentation is maintained and updated at all times.
• Assist in documenting and communicating to senior management the status of the IFRS implementation project.
• Work with external and internal auditors during the implementation to ensure timely auditing of opening balance sheet, accounting policies, newly implemented controls, and other implementation activities.
• Development of control framework under IFRS, including IFRS 9 and IFRS 17.
• Provides assistance to management for adoption of Accounting Standards Update (ASU) No. 2018-12 Targeted Improvements to the Accounting for Long-Duration Contracts.
• Participates in the onboarding of new asset classes, investment strategies, and investment systems.
• Acts a key point of contact for external vendors, including Investment Accounting platform vendor.

Impairments

• Assists in producing impairment analysis schedules including discounted cash flow analytics and memos that support impairment conclusions on at least a quarterly basis.
• Assists in reviewing and calculating expected credit loss allowance for GAAP (CECL) and IFRS (ECL) accounting bases.
• Produces impairment-related disclosures for GAAP, Statutory and IFRS as assigned.
• Documents management discussions with internal and external stakeholders around impairment conclusions. Incorporates feedback to provide management with opportunities to enhance controls and operational efficiencies over the impairment process.
• Provides support as needed to all entities under which impairment conclusions need to be addressed.

Accounting Policy

• Assists in reviewing all GAAP, Statutory, and IFRS investment-related guidance to ensure it is appropriately reflected in the accounting system as well as in financial disclosures and internal documentation. Works with stakeholders outside the organization (including TM companies and auditors) to implement new guidance, to review existing application of guidance, and to develop controls and processes around effectively adhering to such guidance.
• Follows industry and regulatory updates around new pronouncements and ensures that Investment Accounting policies are being followed in accordance with such items.

IFRS/Investment Reporting Supervision

• Reviews Investment Accounting support provided for quarterly and annual financial reporting on a GAAP and statutory basis.
• Assists in producing various disclosures around valuations including fair value levels, level 3 rollforwards, and GAAP, Statutory and IFRS disclosures for both regulatory and management reporting
• Responds to various requests from internal and external clients for financial data.

Required Knowledge, Skills, Abilities and/or Related Experience

• Bachelor's Degree in Accounting or Finance, or equivalent combination of education and relevant work experience
• CPA preferred
• CFA designation is not required but is considered a plus
• 5+ years of experience in accounting or finance, preferably with US GAAP and statutory insurance Investment Accounting experience.
• Understanding of IFRS basis of accounting, including IFRS 9 Financial Instruments not required but is considered a plus.
• Supervisory experience, preferable
• Solid understanding of accounting policy and its application
• Solid understanding of fixed income instruments and concepts, including discounting and time value of money principles
• Ability to communicate complex information, both written and verbally, in a concise and understandable manner.
• Must have disciplined organizational skills and the ability to multi-task, solve problems, organize, prioritize and meet deadlines as needed.
• Proven ability to interact and influence effectively at all levels within and outside the company
• Demonstrates ability to be thorough, following assignments through to completion
• Strong Excel skills around advanced functions including VLOOKUP, HLOOKUP, pivot tables, arrays, and data aggregation techniques
• Experience working with various investment systems including custodial, loan processing, Investment Accounting, and portfolio management systems

Ability to Travel: Up to 25%
Work location may be flexible if approved by the Company.
What We Offer
At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential. And we can't do this without our most important asset-you.
That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.
Our Benefits:

• An annual performance bonus for all team members
• Generous 401(k) company match that is immediately vested
• A choice of three medical plans (that include prescription drug coverage) to suit your unique needs. For High Deductible Health Plan enrollees, a company contribution to your Health Savings Account
• Multiple options for dental and vision coverage
• Company provided Life & Disability Insurance to ensure financial protection when you need it most
• Family friendly benefits including Paid Parental Leave & Adoption Assistance
• Hybrid work arrangements for eligible roles
• Tuition Reimbursement and Continuing Professional Education
• Paid Time Off, volunteer days, community partnerships, and Employee Assistance Program
• Ability to connect with colleagues around the country through our Employee Resource Group program and our Diversity Equity & Inclusion Council

Our Values:

• Integrity
• Empowerment
• Compassion
• Collaboration
• Fun

EEO Statement
Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.
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