AVP Derivative Finance

Open 38d posting dated 3 weeks ago

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.


Purpose:

Athene is seeking an AVP of Derivative Accounting to join its Finance team. This role will assist the VP in overseeing the end-to-end accounting and reporting for Athene’s derivatives portfolio across four bases of accounting—GAAP, Bermuda Statutory, US Statutory, and Management View. The AVP will serve as a subject-matter expert and day-to-day lead, working closely with Investments, Risk, Actuarial, and external auditors to ensure accuracy, completeness, and timeliness of all derivative-related financial reporting.


Accountabilities:

  • Lead derivative accounting and reporting across GAAP (ASC 815), Bermuda Statutory, U.S. Statutory (SSAP 86), and Management View frameworks.
  • Oversee the month-end and quarter-end close process, including journal entries, reconciliations, roll-forwards, financial reporting, and derivative disclosures.
  • Partner with Accounting Policy and business leaders to evaluate and implement accounting for new hedging strategies, products, and accounting standards.
  • Ensure a strong control environment through oversight of derivative accounting processes, review controls, and regulatory compliance.
  • Lead strategic initiatives, including implementation of new derivative accounting systems, process improvements, and automation efforts.
  • Mentor and develop team members while fostering operational excellence and continuous improvement.


Qualifications and Experience:

  • 8+ years of relevant progressive accounting experience with significant exposure to derivatives, hedge accounting, complex financial instruments, and insurance or reinsurance accounting.
  • 4+ years of direct or indirect people leadership experience, including coaching, performance management, talent development, and leading teams through change, or relevant experience.
  • Strong technical knowledge of ASC 815 and SSAP 86, with experience operating in a multi-basis reporting environment, including U.S. GAAP and Statutory reporting frameworks.
  • Demonstrated proficiency with Excel and experience leveraging technology, automation, AI tools, or data analytics to improve reporting, controls, and operational efficiency while delivering accurate results in a fast-paced environment.
  • Proven ability to influence cross-functional stakeholders, drive process improvements, and lead complex accounting initiatives.
  • Bachelor's degree in Accounting, Finance, or related field and CPA preferred.

Preferred Qualifications

  • Big Four or national public accounting firm experience.
  • Familiarity with Bermuda Statutory reporting requirements.


$ - $ USD Annual


Annual Salary for this role is market competitive. Actual salary for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Depending on the role, a discretionary bonus plan or variable sales incentive may be included.

Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene.

Athene is a Military Friendly Employer! Learn more about how we support our Veterans.

Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.