MetLife

Summary of Position:  

As Director of RIS US Pensions/Risk Solutions, this person is responsible for all aspects of accounting and financial reporting for GAAP and STAT for these underlying products within Retirement Income Solutions segment. This position will also be the lead and responsible and accountable for all aspects of the accounting and reporting for RIS STAT process, including MTL legal entity reporting requirements. 

This position reports to AVP RIS Controller and manages a team of three.  Core responsibilities include the following:

·       Maintaining the accuracy and integrity of financial statement information for RIS US Pensions/Risk Solutions and support total RIS segment. including, but not limited to, SEC Filings and Quarterly Financial Supplement as well as US Statutory and/or US GAAP Accounting. 

·       Oversight of controls, SOX compliance, and accurate/timely monthly and quarterly financial closes. 

·       Maintaining the accuracy and integrity of financial statement information for RIS segment. including, but not limited to, quarterly financial statement. 

·       Managing a team of three associates responsible for the completion of monthly/quarterly close deliverables and filings across all bases of accounting; and the development of accounting playbooks to support any initiatives for this complex sub-segment. The position partners with Internal Audit and Deloitte audit teams for scoping, planning and audit issues and related remediation.

·       Ensuring the implementation and compliance with MetLife accounting policies and procedures across all products within RIS segment. 

·       The overall implementation and maintenance all financial controls within the business, identifying and recommending potential operational efficiencies and improvements to working practices and procedures over preparation and review of financial information. 

·       Lead or participate in special projects as needed

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Key Responsibilities:

·       Ensuring the integrity, accuracy and timely reporting and analysis for US Pensions/Risk Solutions products and completion of all monthly, quarterly, and annual financial reporting related to RIS segment for US GAAP/SEC and STAT reporting within the prescribed time frames.

·       Responsible and accountable for total RIS STAT process and the lead for MTL legal entity reporting and preparation of MTL Board presentation package

·       Ensuring that a robust financial control framework with respect to RIS segment is maintained to ensure that internal controls are in place to prevent and/or detect any inconsistencies in financial statements, as well as proper segregation of duties and compliance with MetLife accounting and internal control policies and best practices.

·       Escalation of matters that should be brought to the attention of the RIS Controller and CFO and/or the business, including, but not limited to deviations from policy, accounting issues, and suspected fraudulent activity.

·       Oversight and monitoring of balance sheet and transactional reconciliation processes, ensuring the implementation of robust controls within the company.

·       Partnering with RIS CFO’s team, Actuarial & other functional leads to develop framework for proactive risk assessment and support of local, regional, and global initiatives or projects.

·       Managing and developing staffing to effectively accomplish the team’s goals and objectives, with the goal to achieve best practices and optimal efficiency.

·       Ensuring financial controls, audits, and satisfactory operation of all US Pensions/Risk Solutions products and other supporting processes under RIS segment 

Key Skills, Experience and Competencies Required:

Work Experience

·       At least 10 years of experience in an accounting or finance function

·       Proven effective written and oral communication skills.

·       Strong analytical and problem-solving skills. 

·       Good working knowledge of US GAAP and US STAT accounting and reporting standards, including long-duration insurance accounting-- C.P.A. preferred, but not required.

 -     Bachelors degree in Finance or Accounting

Key Business Skills and Experience

·       Able to prioritize, organize and handle multiple tasks & challenges in assuming full accountabilities for all aspects of the US Pensions/Risk Solutions accounting function 

·       Able to prioritize, organize and handle multiple tasks & challenges in assuming full accountabilities for all aspects of the RIS STAT segment 

·       Ability to partner closely with the business, legal, operations, actuarial and other finance functions in leading and guiding the end-to-end management of all RIS accounting and reporting matters, including strong documentation and review of internal controls and accounting and reporting alternatives and decisions.

·       Strong executive presentation skills – ability to explain and summarize complex financial concepts in concise, accurate and practical terms to senior finance and business stakeholders.

·       Ability to analyze and describe to key stakeholders the economic as well as accounting, reporting, and internal control implications and associated cost/benefits of key transactions and business events.

·       Strong internal control focus, linking business events beginning with operations, through actuarial valuation, and ultimately into the financial statements and related disclosures.

Key Leadership Competencies

·       Grows Talent – Inclusively and pro-actively develops talent, empowers individuals and manages diverse teams to drive engagement and performance.

·       Motivates People – Gains people commitment to achieve business objectives through clear communication of the company’s vision and flexing leadership styles to inspire high performance. 

·       Creates Partnerships – Authentically builds trusted relationships and collaborates across global, diverse, and multi-functional teams to successfully drive business objectives.

·       Drives Results – Sets aggressive goals and is accountable for continuously driving improved performance, leading change, and ensuring high standards.

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Key Stakeholders:

·         Annuities and Risk Solutions CFO partners/RIS CFO 

·         RIS Lead Actuaries 

·         RIS Operations 

·         RIS Annuities and Risk Solutions business leaders