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AVP, Corporate Accounting Policy and Group Operations

Date Posted: Jan 13, 2022

Location: New York, NY, US, 10166

Company: MetLife

Position: AVP, Corporate Accounting Policy and Group Operations 

 

Job Location: New York, NY

 

Department:

The Technical Accounting Group, (TAG,) has the corporate-wide responsibility (1) to establish, monitor and provide assurance that the accounting policies of MetLife worldwide are in accordance with applicable authoritative guidance, (2) to partner with business unit personnel across all regions and lines of business to ensure timely and accurate implementation, interpretation and administration of these policies and (3) to influence standard setters to ensure prospective changes to accounting principles fully consider the views of MetLife and the insurance industry.

 

The Role

This position would primarily support development of accounting policies and accounting advisory work supporting our global operations, including but not limited to: Mergers and acquisitions, Technology and operations, Treasury, Tax, and Financial reporting. This role would manage overall operations of the TAG group to meet our ongoing stakeholder requirements and drive best practices and efficiencies within the team.  Additionally, the role would lead the team of TAG professionals supporting Regional and Functional leads within the team, including a team of professionals overseas.

 

Key Relationships:

  • Reports to: VP Technical Accounting Group
  • Direct Reports: Eight
  • Key Stakeholders: SVP External Reporting, Technical Accounting & Internal Controls, Head – Mergers & Acquisitions, VP – Tax, SVP Financial Operations, VP, Ratings Capital and Liquidity, and VP External Reporting.

 

Key Responsibilities:

  • Manage the research, documentation and resolution of various technical accounting issues, primarily as they relate to global functions under US GAAP, and US Stat and IFRS where applicable
  • Support the quarterly financial reporting processes under both US GAAP and US Stat, including the review of various notes to the financial statements and timely resolution of accounting issues that arise during this process
  • Provide advisory support for the accounting associated with various strategic initiatives, including overseeing the implementation and operationalization of those accounting recommendations
  • Work to drive consistency in application of accounting principles globally
  • Manage team of professionals supporting Regional and Functional leads within TAG, to meet ongoing stakeholder requirements and support quarterly reporting processes
  • With an efficiency mindset identify and deliver process improvements within the operations of the TAG group
  • Management of SOX processes within team, and oversight of overall projects within TAG
  • Developing and delivering relevant and timely education sessions to finance and other personnel
  • Monitoring developments under US GAAP and US Stat and working with our business partners to assess potential implications to the business
  • This individual would lead a team to support successful execution and completion of the activities noted above.

 

Essential Business Experience and Technical Skills:

  • Demonstrated ability to analyze complex accounting issues and transactions and drive implementation recommendations
  • Strong presentation skills – ability to explain and summarize complex concepts in accurate and practical terms, describe economic impacts, alternative accounting treatments and associated cost / benefits to stakeholders
  • Ability to work across matrix organization to influence resolution of accounting and reporting matters, including strong documentation and review of accounting alternatives and decisions
  • Broad and deep experience in accounting for business acquisitions and divestitures within the financial services industry, various financing structures, stock-based and other compensation schemes along, with strong knowledge of SEC disclosure requirements
  • CPA license required to be maintained Undergraduate degree required, MBA or other advanced degree preferred

 

 

      MetLife Success Principles:

  • Experiment with Confidence – Courageously learn and test new ideas without fear of failure
  • Act with Urgency – Demonstrate speed to action with agility and determination
  • Seek Diverse Perspectives – Source ideas and feedback to expand thinking and make informed decisions
  • Seize Opportunity – Drive responsible growth and identify areas for continuous improvement
  • Champion Inclusion – Foster an environment where everyone is valued, heard, and can speak up
  • Create Alignment – Partner with others across the organization with candor and transparency
  • Take Responsibility – Be accountable and act in pursuit of the right outcomes
  • Enable Solutions – Anticipate and address obstacles while managing risk
  • Deliver What Matters – Execute meaningful priorities and follow through on commitments


MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe, and the Middle East.

 

We are one of the largest institutional investors in the US with MetLife Investment Management having $666.7 billion of total assets under management as of June 30, 2021. We are ranked #46 on the Fortune 500 List for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine’s 2021 list of the “World’s Most Admired Companies.”        

               

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.  Visit us at www.metlife.com to learn more about our brand, history, and values. 

 

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to accommodations@metlife.com or call our Employee Relations Department at 1-877-843-3711.

 

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law. 

 

MetLife maintains a drug-free workplace. 

 

 


Nearest Major Market: New York City