Investment Accounting Manager

Posted:
4/8/2025, 3:10:12 AM

Location(s):
Houston, Texas, United States ⋅ Texas, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Accounting

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

     • We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners
     • We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders
     • We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future
     • We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work

Who We Are

Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision, and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.

Position Summary

Corebridge Real Estate Investors is seeking an Investment Accounting Manager who will work under the supervision of a team primarily responsible for the accounting, tax, reporting, and treasury aspects within the Corebridge Financial real estate investment portfolio, including funds with third-party investors.  This position requires someone who is motivated, interested in learning, and very attentive to detail.  The individual for this position should be comfortable contributing to a team, prefer working in a busy environment where new and complex transactions occur, and enjoy interfacing at various levels within and outside the organization.  This position offers experience in many accounting, reporting, and tax areas of responsibility within a line of business offering excellent growth opportunities.

Experience Needed

  • A minimum of 5 years of accounting and finance work history within the real estate industry.  Work experience with a “Big 4” or other internationally recognized CPA firm a +.   Understanding of both U.S. GAAP investment company and historical cost accounting methods.    CPA license is preferred.
  • Must have a good work ethic.  The accounting manager role requires working under pressure with various projects and deadlines, while reporting to multiple people.  There will be significant interaction with joint venture partners, Corebridge Financial internal groups, third-party property managers, fund administrators, asset/investment managers, and internal/external auditors.
  • It is essential that the individual be proactive with matters and responsive to management.  Candidate must be able to work well independently and be capable of identifying and resolving issues.  Must have experience guiding and reviewing the work of junior team members.  Individual should be detail oriented and willing to take a hands-on approach in all elements of the job.
  • Demonstrated experience with financial reporting/financial statement presentation, budgeting, transaction analysis.    
  • Must possess strong oral and written communication skills.  There will be substantial interaction with many parties.  The ability to communicate effectively is important.
  • Excellent computer skills, including Yardi, Microsoft Office Suite, and Advanced Excel skills.

Functions/Responsibility

In addition to assisting management in special projects, as assigned, the core responsibilities of this position include:

  • Preparing accurate net asset values (NAVs), yields, distributions, and other fund accounting outputs for subsequent review.
  • Prepare, review, and analyze financial reporting, including GAAP financial statements (under both historical and investment company accounting), cash flows, REIT reporting and other project specific reporting. 
  • Accounting responsibilities, including general ledger function, Investor, fund and property level reporting and cash management.
  • Calculation and review of LP/GP investor allocations including incentive fees, management fees, waterfall calculations, and IRRs.  Capital Call/Distribution management.
  • Coordinate and monitor external audit process.
  • Proactively identifying and resolving accounting, reporting, and tax issues.
  • Management of joint-venture partner relationships including review of monthly financial statements and participation in site visits (on an as needed basis) to investment properties. 
  • Assistance with the development of accounting policies and procedures and resolving internal control concerns.
  • Supporting the annual budget, monthly estimate, and quarterly variance reporting processes.
  • Preparation of reporting to various internal third-party groups under tight deadlines.

What Our Employees Like Most About Working For Corebridge Financial

  • We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation. 
  • Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us?  We put our money where our mouth is! Corebridge Financial, will give you up to 16 hours a year paid time off to volunteer in the community.
  • Our people are at the forefront of creating value for customers and stakeholders and therefore we provide a generous benefits plan and competitive pay.

Benefits

  • Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 17 paid holidays per calendar year. 
  • A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% in to your 401K regardless of if you enroll or not.

#LI-SB1  #LI-SAFG #LI-Remote

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Applications will be accepted for this position until a satisfactory candidate pool has been identified.

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

  • Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being
  • Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
  • Employee Assistance Program: Confidential counseling services and resources are available to all employees
  • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000
  • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work
  • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.   Reasonable accommodations will be determined on a case-by-case basis.

Applications will be accepted for this position until a satisfactory candidate pool has been identified 

Functional Area:

FA - Finance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Corebridge Institutional Investments Holdings Corp.

CoreBridge Financial Services

Website: https://corebridgefinancial.com/

Headquarter Location: Houston, Texas, United States

Employee Count: 10001+

Year Founded: 1957

IPO Status: Public

Last Funding Type: Post-IPO Secondary

Industries: Financial Services ⋅ Insurance ⋅ Life Insurance