Controller

Job Details

Key Responsibilities

• Direct and oversee all financial and accounting functions including general accounting, investment accounting, premium accounting, commission accounting, tax accounting, and annual statement reporting.
• Develop and implement systems, policies, and procedures for financial operations in compliance with regulatory guidelines and accounting standards.
• Manage and supervise Finance Department staff, including selecting, training, evaluating, and providing performance feedback to team members.
• Monitor and audit financial work performed by the Finance Department to ensure accuracy and compliance.
• Oversee the preparation of journal entries, general ledgers, subsidiary ledgers, and financial statements.
• Prepare statutory financial reports and ensure timely completion of quarterly and year-end filings.
• Oversee preparation and submission of tax forms, payments, and related financial documentation.
• Coordinate with state insurance regulators regarding financial filings, examinations, and compliance matters.
• Work closely with actuaries on life reserve calculations and actuarial reporting.
• Monitor company bank accounts and reconcile bank statements.
• Coordinate with external auditors during financial audits and provide necessary documentation.
• Prepare financial reports and presentations for the board of directors and senior management.
• Maintain accurate audit trails for all financial operations.
• Assist with preparation of the company’s Fiscal Operations Policy and Procedure Manual and update it as needed.
• Stay informed on changes to Statutory Accounting Principles, IRS regulations, and relevant financial reporting standards.
• Monitor economic and investment trends that may impact company financial strategy.
• Participate as an active member of the senior management team and perform additional duties as assigned.

Qualifications

• Strong knowledge of accounting practices, financial reporting, and accounting systems.
• Extensive knowledge of Statutory Accounting Principles and IRS rules applicable to insurance operations.
• Strong analytical, mathematical, and actuarial-related skills.
• Proven leadership abilities with experience supervising and developing finance staff.
• Excellent organizational, analytical, and problem-solving skills.
• Ability to exercise sound judgment, initiative, and discretion when handling financial matters.
• Strong interpersonal and communication skills with the ability to collaborate effectively with internal teams and external partners.
• Ability to manage confidential and sensitive financial information with integrity and professionalism.
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
• Strong written and verbal communication skills with a high level of professionalism.
• Proficiency with computers and financial software systems.

• Bachelor’s degree in accounting, finance, or a related field preferred.
• Minimum of 10 years of experience in finance, accounting, or a related field.
• Experience in actuarial and financial management within the insurance industry preferred.
• Experience with Statutory Accounting Principles strongly preferred.
• Knowledge of FIS Insurance Accounting Suite (IAS) is a plus.