Job Description

POSITION SUMMARY:

The Assistant Divisional Controller - Insurance is a key accounting leadership role requiring extensive knowledge of U.S. GAAP and statutory accounting principles. The position oversees assigned components of the monthly close, financial and statutory reporting, accounting operations, account reconciliations, internal controls, and audit and regulatory support. The role requires insurance industry accounting experience and public accounting experience; experience serving insurance industry clients in public accounting is preferred. The position also requires the ability to lead and develop accounting professionals and communicate effectively with colleagues, business partners, auditors, regulators, and management.

KEY RESPONSIBILITIES AND ESSENTIAL FUNCTIONS:

• Oversees assigned components of the month-end close and reviews and approves journal entries, intercompany transactions, general ledger account reconciliations, and related supporting documentation for accuracy, completeness, and timely completion.
• Reviews account balances, investigates unusual items and discrepancies, evaluates proposed adjustments, and ensures balance sheet reconciliations are accurate, current, and fully supported.
• Oversees the preparation and review of assigned internal financial statements, statutory filings, and supporting schedules.
• Oversees general ledger activities related to new entity acquisitions and organizational changes.
• Identifies manual processes suitable for automation and directs process improvements using available technologies.
• Provides accounting leadership for ERP implementations, upgrades, and system conversions, including requirements definition, testing, data migration, control design, and post-implementation support.
• Designs, documents, implements, and monitors accounting processes, internal controls, and key metrics to support internal and external audits and compliance with the NAIC Model Audit Rule (MAR).
• Owns the account reconciliation control process for assigned entities and ensures all significant balance sheet and income statement accounts within the assigned scope are reconciled, supported, reviewed, and approved.
• Ensures compliance with U.S. GAAP and statutory accounting principles and evaluates and implements applicable new accounting standards and guidance.
• Leads and develops an accounting team, including hiring, assigning and prioritizing work, reviewing performance, coaching employees, establishing accountability, supporting professional development, and addressing performance concerns when necessary.
• Reviews employee expense reports and oversees corporate expense approvals and processing.
• Manages annual audits and regulatory examinations, coordinates information requests, monitors deliverable status, and works with external auditors and state regulators to ensure complete, accurate, and timely responses.
• Collaborates across the accounting and operations functions to achieve project goals.
• Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, and participating in professional societies.
• Mentors accounting staff and business users on relevant accounting concepts, techniques, technologies, and processes.
• Performs other duties and assignments as needed or requested.

Requirements

Required:

• Bachelor’s degree in accounting or a related field, or equivalent experience.
• Minimum of eight years of progressive accounting experience, including experience with large-scale ERP systems, month-end close, and financial statement preparation.
• Minimum of two years of public accounting experience; experience serving insurance industry clients is preferred.
• Experience troubleshooting and resolving reconciliation, general ledger, and reporting issues.
• Demonstrated experience effectively managing and developing a team of three or more accounting professionals.
• Substantial insurance industry accounting experience, including knowledge of statutory reporting and insurance systems supporting policy and claims administration.
• Ability to manage multiple priorities, learn quickly, and meet deadlines in a fast-paced environment, both independently and as part of a team.
• Self-directed, with the ability to conduct research independently.
• Ability to handle and resolve conflicts in a professional, tactful manner.
• Excellent verbal and written communication skills.
• Strong attention to detail and organizational skills.
• Strong sense of accountability, with the confidence to make recommendations and take ownership of outcomes.
• Strong knowledge of internal control best practices, U.S. GAAP, and statutory accounting principles.
• Ability to define problems, collect and analyze data, establish facts, draw valid conclusions, and recommend solutions.
• Proficiency with Microsoft Office applications, including advanced Excel skills such as PivotTables, Power Pivot, and Power Query.

Preferred:

• Active Certified Public Accountant (CPA) license.
• Experience with ERP system implementations, upgrades, or conversions, including testing, data migration, and process and control design.
• Working knowledge of transactional and reporting systems such as Microsoft Dynamics GP, Oracle, Active Disclosure, and Workiva.
• Experience reading, maintaining, or developing dynamic workbooks