Manager of Derivative Accounting and Reporting - Brighthouse Financial

  • Company: MetLife
  • Location: Tampa, Florida
  • Posted: May 08, 2017
  • Reference ID: 57022-en_US

Job Location: United States : Florida : Tampa  


In January 2016, MetLife announced a plan to pursue the separation of a substantial portion of its U.S. Retail segment. Once separated, the new business will be called Brighthouse Financial.

Brighthouse Financial will serve customers the way they want, need and deserve. It will focus on eliminating the complexity, confusion and cost that can get in the way of many Americans who are seeking financial security. We will bring products to the market that add value to our customers’ lives, and will be guided by a common set of values that focus on the customer and drive accountability.

Brighthouse Financial is seeking high-performing team members who are passionate about the company’s mission.  We are laser-focused on adding value to our customers and minimizing complexity in every decision and action. We are building high performing teams who set the bar high and hold each other accountable.


This position manages the GAAP & STAT Accounting and Reporting team for Brighthouse Financial’s investments in derivative instruments. The company uses derivatives to manage its exposures to changes in interest rates, foreign currency exchange rates, equity markets and credit risk across its diverse investment portfolio as well as hedging liabilities.


  • Responsible for managing the Derivative Accounting & Reporting team
  • Working with accounting vendor to ensure GAAP and STAT accounting for multiple derivative instruments are implemented correctly. Post implementation responsible for monthly review of derivative accounting to ensure completeness and accuracy
  • Support vendor with initial design of reports for GAAP & STAT financial disclosures (including schedules) and ongoing review of quarterly/annual disclosures and management reports pertaining to derivatives
  • Responsible for developing reports for derivative analytics and supporting accurate and timely reporting for management
  • Maintain ongoing relationship with vendor and support implementation of accounting & reporting for any new derivative instruments or new accounting pronouncements impacting derivatives
  • Respond to questions from external and internal auditors, front office and financial reporting teams regarding derivative reporting.
  • Participate in the effort to set team objectives that align with the needs of key customers (e.g., Chief Accounting Officer, Head of Derivatives Trading, CFO of Investments), monitor progress against those objectives and manage priorities in response to emerging and competing initiatives
  • Manage performance, hiring and termination processes and succession planning for the team .


  • Bachelor’s degree in Accounting preferred.   
  • 8+ years of GAAP & STAT accounting and reporting experience in a public or private company;
  • Organizational skills and ability to track various issues at one time
  • Excellent oral and written communication skills


  • Master’s degree in Accounting with CPA is highly desired
  • Previous experience working in derivative accounting and reporting is highly desired
  • Proficiency in Microsoft Office (Excel, Word, and Access) is preferred

In order to post for this position, you need the proper work authorization to work in the country where the position is located and not require relocation assistance.



Derivative Accounting & Reporting






MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

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Requisition #: 57022 

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