Vice President - Global Head of MetLife’s Technical Accounting Group (TAG)

Posted 5 Days Ago
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Bridgewater, NJ
Hybrid
Expert/Leader
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
Lead MetLife's Technical Accounting Group, ensuring compliance with accounting policies, guiding global standards, and collaborating with finance leadership on strategic initiatives.
Summary Generated by Built In

Description and Requirements
Position: VP & Global Head of Technical Accounting Group
Location: 200 Park Avenue (preferred); Whippany, NJ; Bridgewater, NJ; Tampa, FL
Setting : Hybrid
Reports to: SVP, Technical Accounting, Internal Controls, External Reporting
Travel: Less than 5%
The Team You Will Join
MetLife's Technical Accounting Group (TAG) has the corporate-wide responsibility to:

  • establish, monitor and provide assurance that the accounting policies of MetLife worldwide are in accordance with applicable authoritative guidance,
  • partner with finance leadership and business unit personnel across all regions and lines of business to ensure timely and accurate implementation, interpretation and administration of these policies, and
  • influence standard setters to ensure prospective changes to accounting principles fully consider the views of MetLife and the insurance industry.

  • The Opportunity
    This is a global leadership role that reports to the Senior Vice President of Technical Accounting, Internal Controls and External Reporting (ACE).
    The Global Head of TAG will work in a leadership capacity to provide thought leadership at the forefront of important strategic finance initiatives and collaborate with Regional CFOs, Controllers and Actuaries to:

  • guide global accounting standards change and adoption activities (e.g., US GAAP, IFRS, US Statutory Accounting Principles),
  • perform timely technical reviews of accounting matters relevant to current core reporting, as well as having focus in related areas such as M&A, planning & projections, and
  • Implement best practices and high-quality documentation to support a global accounting policy function and accounting interpretations made across the businesses.

  • The Global Head of TAG will represent MetLife across insurance industry groups and will present at various conferences and education sessions. As such, this role requires significant insurance industry and product knowledge. The candidate for this position must have strong communication skills, global acumen, team leadership and talent development experience.
    How You'll Help Us Build a Confident Future:

    • Leading TAG's ongoing technical accounting research, analysis and documentation of accounting matters that arise throughout the year related to US GAAP, IFRS and US Statutory Accounting Principles (SAP) for Insurance Companies.
    • Topical areas of relevance include: insurance contracts, investments, derivatives, hedging, consolidation, fair value, foreign exchange, pensions, stock compensation, mergers & acquisitions, goodwill, tax and SEC reporting and planning and projections.
    • Identifying and assessing technical accounting matters, alternatives, and appropriate conclusions for complex business transactions. Communicating with business leaders in a clear manner that is easy to understand.
    • Ensuring maintenance of MetLife's written accounting policies and providing guidance and training throughout the organization on the application of such policies.
    • Working closely with finance leadership to manage strategic initiatives, influence accounting standards adoption and implement and operationalize ongoing best practices.
    • Initial strategic areas of focus will include technical leadership and support of implementation efforts for US GAAP Long-Duration Targeted Improvements and IFRS 17 - Insurance Contracts.
    • Taking a lead role in drafting comment letters to regulators and accounting standard setters.
    • Actively participating in industry working groups involved in interpreting, analyzing and commenting on developments to US GAAP, IFRS, and US STAT insurance accounting standards.
    • Supporting timely interactions around audit and technical accounting issues with MetLife's external auditors.
    • Seeking out and developing knowledge, and delivering training to develop the technical and leadership skills within TAG.
    • Demonstrating excellent written and verbal communication skills across the TAG organization to meet the needs of both external and internal customers.


    What You Need to Succeed (Required Qualifications):

    • Broad and deep insurance technical accounting and financial reporting experience, including experience across global insurance industry practices, as well as SEC, US GAAP, US Statutory, and IFRS requirements.
    • Demonstrated ability to lead and motivate teams through periods of change, analysis of complex accounting and issues and transactions and drive implementation of global best practices and procedures.
    • Strong analysis, documentation and 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 senior stakeholders.
    • Ability to work across global organization to lead and guide end to end management of accounting and reporting matters, including strong documentation and review of accounting alternatives and decisions.
    • At least 15 years of experience within a public accounting firm and/or accounting policy function or similar group.
    • CPA license required to be maintained Undergraduate degree required, MBA or other advanced degree preferred.


    What Will Give You an Edge (Additional Skills)

    • Financial services industry exposure a must, insurance industry preferred
    • Global experience a plus


    The salary range for applicants for this position is 213,200 - 284,300.
    Benefits We Offer
    Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
    About MetLife
    Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2024 Fortune 100 Best Companies to Work For ®, 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 individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
    Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
    MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").
    If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
    MetLife maintains a drug-free workplace.
    213,200 - 284,300
    #BI-Hybrid

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    The Company
    HQ: New York, NY
    43,000 Employees
    Hybrid Workplace
    Year Founded: 1868

    What We Do

    Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond.  With operations in more than 40 markets and leading positions across the globe, MetLife’s building a workforce of diverse and empowered voices that all belong.  Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

    Why Work With Us

    At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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    About our Teams

    MetLife Offices

    Hybrid Workspace

    Employees engage in a combination of remote and on-site work.

    MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together

    Typical time on-site: Flexible
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    HQNew York, NY
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    Bridgewater, NJ
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    Cary, NC
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    CDMX, CDMX
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    Clarks Summit, PA
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    Greenville, SC
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    Tampa, FL
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    Whippany, NJ
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