MetLife
Website:
metlife.com
Job details:
Role Value Proposition:
As a member of the senior leadership team, the AVP will serve as a credible, knowledgeable and trusted resource to the stakeholders and other senior leaders. This position requires a hands-on
and quality-focused financial executive with the experience that combines sound financial leadership with proven business effectiveness.
This position will support Global MetLife Leaders in making strategic decisions on highly complex accounting solutions & reporting and special projects related to technical accounting.
This is key position and responsible for handling complex and niche processes within the Technical Accounting Group (TAG) and the Internal Controls Department (ICD).
This being a key position and has an active role consulting with the lines of business on accounting issues emerging from new products launches, new pronouncements/ guidance from authoritative
institutions (like IASB, FASB, AICPA, NAIC, SEC etc.), MetLife Accounting Policies, Policy Amendments, Mergers and acquisitions, etc. Responsibilities include leading the team responsible for researching technical accounting issues to determine and document the appropriate accounting treatment, as well as evaluate existing accounting within the business.
The role also oversees the team supporting ICD in the global Sarbanes Oxley (SOX) program related to internal controls over financial reporting.
Responsibilities:
The main responsibilities of the position (which includes oversee, review, monitor):
Lead, mentor and manage team to deliver high-quality output.
Build a strong stakeholder connect and manage expectations through Monthly/Quarterly connect with key Stakeholders.
Have deep knowledge around emerging accounting issues that may impact MetLife’s reporting obligations under US GAAP, IFRS and US Statutory requirements.
Research technical accounting issues and accounting policy/procedure matters. Interpret and project the financial impact on Operations, on a US GAAP, IFRS and a US statutory basis.
Review and enhance the position papers presenting the Technical Accounting Group’s interpretation of the accounting issues/ new product launch/ new contracts entered into by MetLife, provide
application of appropriate guidance and conclusion on the accounting treatment.
Stay abreast of new accounting changes/developments that may require updates or enhancements to MetLife Accounting Policies, and oversee production of the monthly technical accounting
newsletter.
Preparation and review of offline/Online accounting training presentations under U.S.GAAP and IFRS to provide trainings to employees.
Ability to analyze the Financial Statements and perform concurrent reviews of MetLife’s entities financial statements.
Assist ICD in performing governance over the SOX program, as well as governing the annual effort to review, update, and certify MetLife’s Finance Operating Policies.
Offer quality, meaningful analysis, and financial perspectives necessary for technical accounting decisions and strategic planning.
Leveraging and improving upon our AI agents to drive process improvements and efficiency opportunities.
Education:
Chartered Accountant/ CPA
Experience:
Chartered Accountant/ CPA with 18+ years of working experience (at least 13+ years of experience in US GAAP/IFRS consulting and implementation).
Prior experience from Big 4 firms.
Technical Skills:
Extensive experience from a Big 4 firm (at least 13+ years of US GAAP/IFRS implementation experience).
Strong understanding of accounting guidance (US GAAP, IFRS and US STAT). A willingness to analyze technical pronouncements and ask questions to gain an understanding.
Sound technical and research skills as demonstrated by an understanding and practical application of various accounting guidance.
Extensive knowledge of financial statement preparation and disclosures.
Deep insurance industry experience and investment accounting experience preferred.
An inquisitive and logical thinking mind and strong analytical and problem-solving skills.
Strong interpersonal skills (independence and confidence to present views and perspectives).
Excellent communication skills, including effective and concise writing skills and verbal communication skills and be able to interact in an effective manner with all levels of personnel.
Ability to handle multiple tasks/projects simultaneously to prioritize and meet deadlines
Ability to work independently and as a team leader leading the team of Chartered Accountants who are subject matter experts of their domain.
Provide coaching and feedback to team members to enable them to improve their performance
Requires a high degree of professionalism, sound judgment and discretion in communications with internal and external parties.
Requires strong facilitation skills with the ability to effectively communicate and build professional working relationships with senior management, line of business and functional area representatives and associates.
Other Critical Requirements:
Communication skills – should be able to read, interpret business documents. Good oral/written communication.
Analytical and interpersonal skills.
Data gathering ability/ Eye for detail.
Teamwork/ Managing Self.
Ability to work successfully in production driven environment.
Adaptability to change.
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