COMPANY OVERVIEW
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.
POSITION OVERVIEW
KKR/Global Atlantic is seeking a highly motivated professional to join the Investment Accounting COE team. This role will support the bridge of investment operations and accounting to ensure accuracy, and timely delivery of investment related accounting results. The position will support cross functional initiatives related to process enhancements and redesign, including investment reconciliations, while also overseeing data monitoring, execute controls that support consistent and concurrent reporting.
Success in this role requires the ability to thrive in a complex, fast-paced, and evolving environment while demonstrating strong organizational skills, sound judgment, critical thinking, and leadership capability.
RESPONSIBILITIES
Reporting & Accounting Operations Responsibilities
- Perform daily, monthly, and quarterly investment accounting activities, including reconciliation of investment balances between Clearwater and the general ledger across multiple accounting bases (e.g. GAAP, STAT).
- Execute month-end close procedures, including analytical reviews of investment balances, validation of investment income, review of unsettled trades, and resolution of suspense items.
- Coordinate cross-functional stakeholders to collect, validate, and implement accounting adjustments, driving process improvements to enhance efficiency and accelerate reporting cycles.
- Provide support for audit requests
Process Improvement & Cross-Functional Leadership
- Support cross-functional initiatives focused on process redesign, automation, and reporting optimization to achieve concurrent and consistent investment reporting across multiple bases.
- Perform ad hoc financial and operational analysis to support strategic initiatives and senior management decision-making.
- Identify opportunities for continuous improvement in reconciliation, reporting, and data management workflows.
Leadership & Development
- Promote a strong control environment and culture of accountability, collaboration, and continuous improvement within the team.
QUALIFICATIONS
- Bachelor’s degree in Accounting, Finance, Business, or a related major.
- 2-4 years relevant professional experience in Investment Accounting (preferably in Insurance Companies)
- Strong analytical skills, and understanding of investment accounting principles under US GAAP and STAT
- Proven ability to successfully handle close processes, competing priorities and multiple deliverables
- Excellent computer skills. Clearwater, Peoplesoft platforms, a plus
- Pro-active, detail oriented, deadline driven; possess excellent documentation and analysis skills
- Strong focus on process improvement and automation
This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email [email protected]. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to [email protected]. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.
Similar Jobs
What you need to know about the Boston Tech Scene
Key Facts About Boston Tech
- Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
- Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
- Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
- Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories
