Brighthouse Financial

Derivatives Accountant (Charlotte, NC (Hybrid) or Remote)

REMOTEPosted a month ago

Job summary

  • Job post source

    This job is directly from Brighthouse Financial

  • Job overview

    The Derivatives Accountant at Brighthouse Financial supports the derivative accounting team by managing accounting and reporting for derivative instruments to help the company manage financial risks.

  • Responsibilities and impact

    The role involves preparing derivative disclosures for financial statements, supporting statutory reporting, assisting with journal entries, reviewing reconciliations, implementing new accounting pronouncements, tracking hedged items, documenting processes, analyzing data, and responding to audit inquiries.

  • Compensation and benefits

    The position offers a base salary of $80,000 to $90,000 plus performance incentives, flexible remote or hybrid work options, 20+ days PTO, 16 holidays, 401(k) with company match and contributions, employee stock purchase discount, health benefits, family support leave, and life and disability insurance.

  • Experience and skills

    Candidates should have a Bachelor's degree in Accounting or Finance, 2+ years accounting experience preferred, knowledge of GAAP or Statutory accounting, organizational and communication skills, proficiency in Microsoft Office, and SQL experience is a plus.

  • Work environment and culture

    Brighthouse Financial promotes an inclusive and collaborative culture with opportunities for team building and values diverse backgrounds, recognized as a great midsize employer and trustworthy company.

  • Company information

    Brighthouse Financial is a leading U.S. provider of annuities and life insurance, focused on helping people achieve financial security, with notable industry recognition and a commitment to employee empowerment.

  • Job location and travel

    The job offers a flexible hybrid work model with options to work remotely or from the Charlotte, NC office.

  • Unique job features

    The role involves working with complex derivative accounting and hedging strategies, offering exposure to regulatory reporting and financial statement preparation in a large financial services company.

Company overview

Brighthouse Financial is a major provider of annuities and life insurance in the United States, helping individuals achieve financial security. The company generates revenue through the sale of these financial products, which offer protection and income solutions tailored to customers' needs. Established in 2017 after a spin-off from MetLife, Brighthouse Financial has a significant presence in the insurance industry, leveraging its expertise and robust distribution network to serve millions of customers. Understanding its roots and strategic focus on long-term financial stability is crucial for potential candidates.

How to land this job

  • Position your resume to highlight your experience or coursework related to derivative accounting, GAAP and Statutory reporting, and financial disclosures to align with Brighthouse Financial's needs.

  • Emphasize skills in preparing financial statements, journal entries, reconciliations, and your ability to manage documentation and controls for hedge accounting programs.

  • Apply through multiple platforms including Brighthouse Financial's corporate career site and LinkedIn to maximize your application visibility and reach.

  • Connect with professionals in Brighthouse Financial's Regulatory Reporting or Derivatives Accounting teams on LinkedIn; use ice breakers like commenting on recent company awards, or asking about their experience with new derivative accounting pronouncements.

  • Optimize your resume for ATS by incorporating keywords such as 'derivative accounting,' 'GAAP,' 'Statutory reporting,' 'hedge accounting,' 'financial disclosures,' and 'SQL' to pass automated screenings.

  • Use Jennie Johnson's Power Apply feature to automate tailored applications, find multiple job posting sites, and identify LinkedIn contacts, allowing you to focus your energy on preparing for interviews and networking effectively.

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