Vice President, Accounting Policy

Posted: Wednesday, December 15, 2021
Location: New York

Department: Accounting
Reports to: Director, Accounting Policy
Direct report(s): No

General purpose of position

Assured Guaranty is seeking to hire a Vice President of Accounting Policy to assist a Director in the Company’s Accounting Policy Group with numerous responsibilities, including but not limited to: researching accounting guidance on specific transactions; implementing new accounting standards; commenting on proposed accounting standards; and documenting the Company’s accounting policies and considerations, with an emphasis on the Company’s asset management business.

Primary duties/responsibilities

  • Pre-Execution Transactions:

   - Participate in quarterly meetings with key stakeholders (i.e. legal, accounting, operations, portfolio managers), to identify new transactions that require pre-execution accounting due diligence.

   - Reading drafts of transaction documents, summarizing key terms, identifying accounting issues, researching relevant accounting pronouncements and preparing a roadmap that documents the Company’s preliminary accounting conclusions.

   - Assist with presenting preliminary accounting conclusions to external auditors and their subject matter experts prior to the transaction’s execution.

   - Formally documenting the Company’s accounting conclusions and policies in a memorandum.

  • Existing Transactions:

   - Assist in assessing accounting reconsideration events by monitoring amendments to legal documents, changes in ownership, and other changes in the structure of the transaction. 

  • Implementation of New FASB and SEC Pronouncements:

   - Monitoring FASB decisions regarding the formation of new standards that could impact the Company.

   - Reviewing proposed ASUs and drafting FASB comment letters.

   - Assist with implementing new accounting guidance issued by the FASB and/or SEC, working closely with the Controllership and Reporting teams.

   - Assist with formally documenting implementation roadmap and accounting policies.

  • Identifying and maintaining key SOX controls related to the accounting policy team’s function
  • Reviewing relevant financial statement disclosures.
     

Specific skills, competencies, resources and/or software/technology used on the job

  • Very strong analytical skills. Can quickly diagnose a transaction by asking the right questions, identify the correct accounting guidance needed and walk through a preliminary high-level accounting roadmap.
  • Ability to pivot and quickly identify/research/resolve ad hoc accounting queries.
  • Excellent written and oral communication skills. The ability to distill complex, technical information into easy-to-understand accounting memos.
  • Ability to handle multiple responsibilities simultaneously and present assignments concisely and accurately.
  • Ability to work well as part of a team as well as independently (maintaining accountability over the task at hand).
  • Excellent organizational and time management skills.
     

Education, certifications and/or experience requirements

  • A minimum of a bachelor’s degree in Accounting. Master’s/MBA preferred but not required.
  • At least 5 years of public accounting experience (at least 2 years spent in a Big Four firm's technical accounting group or national office is a plus).
  • Must be a licensed CPA. 
  • Specialized in one or more of the following accounting topics: ASC 718, 805, 810, 815, 946, 480.
  • Experience in the Asset Management industry (management company-specific) is a plus.

 

Interested applicants can apply by completing the application through the link below:
https://boards.greenhouse.io/assuredguaranty/jobs/5771457002

Apply for the position

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