Analyst- Investment Accounting

Job description

Position Overview ABOUT APOLLO Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. OUR PURPOSE AND CORE VALUES Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be: The leading provider of retirement income solutions to institutions, companies, and individuals. The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses. A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference. We are building a unique firm of extraordinary colleagues who: Outperform expectations Challenge Convention Champion Opportunity Lead responsibly Drive collaboration As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together. OUR BENEFITS Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits. POSITION OVERVIEW: This is a leadership role, and the incumbent will play a critical role in fostering Athene – Apollo India actuarial team relationship by enabling two-way communication. They will be expected to deliver on objectives by leveraging on commitments on cost, time, and optimizing the solutions for long term sustainability. POSITION OVERVIEW: We are looking for a analyst level investment accountant to join our team to help drive and deliver our investment accounting functions. This is a great opportunity to advance your investment accounting skills in a fast paced and rewarding industry. The primarily responsibilities for this position include reconciliation of the various bases of accounting (GAAP, US Statutory, BM Statutory and Stand Alone) for our fixed income asset class as well as preparation of the related financial footnote disclosures, investment schedules, and other reporting, including internal management reports and external rating agency surveys. PRIMARY RESPONSIBILITIES: Responsible for supporting the investment accounting and reporting on a US GAAP, US Statutory and Bermuda Statutory basis for Athene USA Preparations of quarterly and annual reporting for consolidated US GAAP (10Q & 10K) and unconsolidated US Statutory filings (quarterly and annual footnote disclosures and investment schedules) Perform monthly and quarterly reconciliations of investment data to GL for applicable bases of accounting Review of investment portfolio activity in the ePAM accounting system using proprietary data warehouse and reporter (ARCHIE) Prepare and post journal entries as needed within the close and reconciliation process. Liaise with front office and upstream accounting and operations teams to resolve investment data issues Assist with all other SEC reporting requirements and respond to Investor/Analyst questions and comments Support internal and external audit requests Proactively seek to improve existing processes in order to meet new requirements and/or improve operational reliability and efficiency. Successfully manage the control environment related to Investment Accounting, maintaining/enhancing Investment Accounting process documentation and provide support internal and external audit requests. Support the financial analysis of operating results, balance sheets, and other key performance indicators related to annual planning, quarterly forecasting, and analysis against actual results. Provide regular updates to investment accounting management keeping them abreast of any issues, shortcomings, or accomplishments of the team. Stay abreast of market conditions, investment strategies, the changing accounting literature and regulatory guidance to ensure compliance in accounting and reporting. Other relevant projects and tasks, as assigned. Qualifications & Experience Bachelor’s degree in Accounting/Finance or an equivalent combination of education and experience 3-5 years of accounting or analysis experience required. Advanced Microsoft Excel experience required. Experience preparing and presenting financial reports is strongly desired. Proven ability to multi-task and adjust quickly in a fast-paced environment, with the ability to change priorities to meet critical deadlines. Ability to work independently on assignments of various levels of complexity with minimal direction Knowledge of GAAP and Statutory financial accounting regulations preferred. Knowledge of fixed income investments and applicable accounting guidance preferred. PAM for Investments (PFI), Blackline or other investment accounting systems strongly desired Apollo provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, veteran status, gender/sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only – candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the role. Any job offer will be conditional upon and subject to satisfactory reference and background screening checks, all necessary corporate and regulatory approvals or certifications as required from time to time, and entering into definitive contractual documentation satisfactory to Apollo.