Overview
This role leads accounting, financial reporting, and financial analysis for assigned line of business (LOB). It also supports projects and other strategic initiatives across assigned LOB entities, including domestic and international activities such as acquisitions and joint ventures. The position partners closely with executive stakeholders across Global Accounting, Financial Budget & Controlling, Risk, and Compliance.
Responsibilities
- Follow applicable accounting and reporting guidance, along with government and industry regulatory requirements, including NAIC’s Model Audit Rule (MAR) requirements (with a focus on financial analysis and review of monthly, quarterly, and annual reporting).
- Direct the preparation and review of financial statements for assigned LOB.
- Serve as key point of contact for assigned LOB companies with finance teams, ensuring timely and accurate reporting of accounting and analysis results.
- Develop strategies and ideas to streamline reporting and disseminate information, balancing external factors (e.g., market, financial, industry) and internal factors (e.g., financial strategies and processes).
- Monitor financial and control risks related to reporting for assigned LOB companies and communicate outcomes with external parties, including external auditors, internal auditors, and regulators.
- Work with internal and external auditors to review, evaluate, and implement controls in process and systems specific to LOB.
- Review general ledger entries to ensure accuracy and compliance with established accounting principles and procedures.
- Monitor and implement internal controls and new accounting guidance to ensure compliance and protection of company interests.
- Collaborate cross-functionally to support financial forecasts and budgets for development of strategic business plans.
- Recommend and implement changes in financial policies and procedures, providing continuous quality improvements.
- Manage and monitor the performance of direct reports, including coaching and counseling, performance reviews, approval of performance appraisals initiated by direct reports, and recommendations for salary increases.
- Ensure effective communications within areas of responsibility, including informing employees as appropriate about plans and progress and conducting employee discussion sessions at regular and frequent intervals.
- Prioritize, assign, and distribute departmental work to ensure responsibilities are aligned with appropriate team skills and development needs.
- Monitor unit turnover, productivity, and overall performance to support adequate staffing and meet departmental standards.
- Participate in interviewing and hiring for open departmental positions to select the most qualified candidates.
- Develop the unit budget and monitor expenses to ensure costs remain within established levels.
Requirements
- Bachelor’s degree in a related field or equivalent experience.
- Minimum of 3 additional years of experience related to the functional area.
- Minimum of 6 years of management experience, including responsibilities for hiring, training, assigning work, and managing performance of direct reports.
- Strong interpersonal skills for effective engagement with business partners, staff, outside auditors, and vendors.
- Demonstrated experience working with and influencing senior management.
- Excellent project management skills, including managing multiple large projects.
- In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and the NAIC’s Model Audit Rule (MAR).
- Superior analytical skills.
- Proven ability to influence constituents to achieve optimal results.
- Excellent organizational skills, detail-oriented approach, and ability to multitask.
- Ability to elevate the perception of a corporate brand and the organization.
- Flexibility and ability to quickly adjust priorities and direction.
- Excellent verbal and written communication skills.
- Excellent organizational and planning skills.
- Clean credit history as reported by a credit report.
Preferred Qualifications
- Not specified in the provided job description.
Compensation & Benefits
- Salary range: $126,000.00 - $191,625.00
- Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law.
- Bonuses and commissions may be included as part of the compensation package, where eligible.
Location & Working Conditions
- The working environment is generally favorable, with adequate lighting and temperature, and no hazardous or unpleasant conditions due to noise, dust, etc.
- For roles that are remote (Work From Home) or hybrid (partial onsite at a company location and Work From Home), a high level of engagement in virtual environments is required, including maintaining camera presence during meetings to support effective communication and team alignment.
Additional Notices
- Equal opportunity employer; consideration is given without regard to age, gender, race, color, religion, sex, national origin, disability, or protected veteran status. A drug-free workplace and pre-employment substance abuse testing are maintained.
- Unincorporated LA County Residents: Qualified applicants with arrest or conviction records will be considered in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws.
- Fraud alert: Fake job opportunities may be offered by individuals posing as the organization or affiliate recruiters; verification of the application process is recommended.
- Personal information handling: As part of business operations, protected personal information (including protected health information) may be collected, and employees with access to such information are subject to Information Security and Privacy Policies.