Sr. Financial Control Accountant


Posting Date: Sep 16, 2023

Location: Philadelphia, PA, US

Company: New York Life Insurance Co

Location Designation: Hybrid 



When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.



New York Life’s mission is helping people set and achieve their financial goals, helping our clients build, protect and preserve their assets, and helping our associates secure their financial future.  This role is critical to the successful achievement of the mission. The associate accountant will assist Group Benefit Solution (GBS) with its monthly and yearly close processes and with US statutory reporting for multiple legal entities.


This role can be based in our Philadelphia or Bethlehem, PA offices.  


Major Duties:

  • Prepare journal entries in support of monthly close
  • Reconcile balance sheet working accounts daily, investigate fall-out, and seek resolution of variances.
  • Prepare and/or review monthly balance sheet working account reconciliations.
  • Establish and maintain communication with the Treasury team and the Revenue Management teams to ensure cash is posting to the correct suspense accounts.
  • Initiate payments to settle intercompany balances and pay third parties.
  • Maintain documentation of internal control processes in compliance with Sarbanes Oxley.
  • Participate in special projects as needed.
  • Support recurring internal and external audits




  • BS in Accounting or Finance
  • 3 or more years of Accounting/Finance experience: public accounting or insurance related experience a plus, but not required.
  • Excellent oral and written communication skills.
  • Ability to work in a multi-task environment with tight deadlines.
  • Ability to work independently and as a team player.
  • Motivated, proactive self-starter.
  • Proficient in Microsoft Office software.
  • SAP knowledge experience preferred; but not required.




Salary range: $72,500-$107,500 

Overtime eligible: Nonexempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 


Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.



Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of

Job Requisition ID: 89265




Nearest Major Market: Philadelphia

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