AVP, Financial Close Leader

Fortitude Re; United States; Remote; USD 130,000 - 150,000; Full time

Job summary

Fortitude Re seeks an AVP, Financial Close Leader to direct enterprise-wide financial processes for consistency and efficiency. The role oversees audit coordination, strategic finance initiatives, and collaboration with Data & Analytics to ensure data-driven operations.

Based remotely, reporting to the VP, Strategic Projects-Finance. The ideal candidate has 7+ years in insurance/financial services, a finance-related degree, and strong communication, project management, and analytical skills to

Qualifications

• Bachelor's degree in Finance, Business, or Accounting preferred; Operations or Project Management a plus.
• 7+ years of professional experience in insurance or financial services.
• Strong knowledge of (re)insurance or other financial markets.
• Knowledge of audit processes and regulatory compliance.
• Exceptional written and verbal communication skills across all levels.
• Strong analytical and problem-solving skills and the ability to implement solutions.
• Highly organized and detail-oriented with strong planning abilities.
• Strong project management skills with the ability to juggle multiple priorities in a fast-paced environment.

Responsibilities

• Develop and execute strategic initiatives to accelerate financial deliverables and timely reporting.
• Manage the Finance Strategic Management System and align with organizational goals, including tracking issues and skills interviews.
• Oversee end-to-end program management of finance activities, maintain a comprehensive calendar, and communicate progress against milestones.
• Collaborate with Data & Analytics and other Finance teams to identify process improvements and automation opportunities.
• Prepare executive communications and presentations for internal and external audiences, including board and audit committee material.
• Support audit planning and coordination with PwC and the audit committee.

Skills

Finance knowledge

Audit coordination

Project management

Communication

Data analytics collaboration

Education

Bachelor's degree in Finance/Business/Accounting

Tools

Microsoft Office (PowerPoint, Word, Excel)

Job description

Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world’s leading providers of legacy reinsurance solutions. They work with the world’s leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life & Annuity and P&C lines. Fortitude Re manages a general account of approximately $111 billion across life, annuity, and property & casualty insurance products. The company takes a long-term view on growth and is proud to be backed by a consortium of sophisticated institutional investors led by The Carlyle Group and T&D Insurance Group. Incorporated under the laws of Bermuda on January 1, 2017, Fortitude Re’s roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Re’s leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most complex legacy liabilities. Their deep insurance experience and proprietary risk modeling capabilities allow them to structure bespoke transactions that benefit both insurance companies and their policyholders. Fortitude Re continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry.Click here for moreinformation about Fortitude Re.

The AVP, Financial Close Leader will play a key role in directing and coordinating enterprise-wide financial processes to promote consistency, efficiency, and operational excellence across all regions. This includes maintenance of our Finance Strategic Management system and execution of the financial audit plan, including managing coordination with external auditors, and aligning agendas for the audit committee and internal management. The AVP will ensure a comprehensive view of our enterprise financial processes. The AVP will also serve as content developer and be responsible for planning and executing on key finance-wide engagements, including leadership team staff meetings, quarterly Town Hall meetings, and periodic team off sites. The role will also require strong collaboration with the Data & Analytics team and other Finance functions to ensure well-integrated, effective, and data-driven financial operations. This position reports to the VP, Strategic Projects-Finance.

This role will be based remotely.

WhatYou Will Do:

Finance Process Strategic Ownership:

• Work closely with the VP, Strategic Finance to develop and execute strategic initiatives to accelerate financial deliverables, ensuring timely and accurate reporting.

• Manage the Finance Strategic Management System to ensure alignment with organizational goals and objectives including, tracking issues and skills interviews.

Program Management of Finance Activities:

• Assistin managing the end-to-end program oversight of all finance activities, includingmaintaininga comprehensive finance calendar, hosting the statuscalland regularly communicating progress against key milestones.

• Communicate upcoming deliverables proactively, address and resolve issues, and ensure all finance processes are well-documented.

• Manage projects across Finance, developing execution plans and driving to completion.

• Support initiative planningefforts withthe leadership team and recalibrate the strategic plan as needed.

• Collaborate with business leaders on organizational priorities, document follow up items,trackand drive items to closure.

Communication and Collaboration:

• Work closely with the Data & Analytics and other Finance teams to identify opportunities for process improvements and automation opportunities.

• Develop high-quality executive communications & presentations, helping to communicate the value and vision of the Finance enterprise, for internal and external purposes (i.e., company/executive level, investor, board, and audit committee presentations, etc.).

• Support the preparation of monthly reports for audit and board meetings.

• Maintain and regularly update content across internal and intranet platforms for the Finance team to ensure accuracy and relevance.

• Engage and coordinate with key finance and business stakeholders to raise issues and ensure consistent messaging across the organization.

Audit Coordination:

• Support development and coordination of a comprehensive audit plan and coordinate materials for the audit committee and internal management.

• Work closely with the VP, Strategic Projects to act as primary liaisons with PwC, ensuring effective collaboration and alignment on audit activities.

What You Will Have:

• Bachelor’s degree in Finance, Business, or Accounting preferred; Operations or Project Managementa plus.

• 7+years of professional experience ininsuranceor financial services industry.

• Strong knowledge of (re)insurance or other financial markets.

• Knowledge of audit processes and regulatory compliance.

• Exceptional written and verbal communication skills as someone who interacts with team members across all levels of the organization.

• Strong analytical and problem-solving skills, includinganability to find and implement solutions to improve the organization.

• Highly organized,detailedoriented with outstanding organizational and planning abilities.

• Strong project management skills withanability to juggle multiple priorities with competing deadlines in a fast-paced environment.

• Experience in a fast-paced, high-growth organization preferred.

• Strong collaborator with a proven ability to build relationships and trust amongst team members.

• Skilledin PowerPoint, Word, Excel, and other office applications.

#LI-Remote

The base salary range for this role is listed below and will be commensurate with candidate experience. Pay ranges for candidates may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

Base Salary Range

$130,000—$150,000 USD

At Fortitude Re, our strength has always come from our people. Our success is deeply rooted in our ability to embrace the unique attributes, perspectives and experiences of every individual within our company. Fostering a culture of inclusion and belonging where everyone—regardless of background, race, religion, sexual orientation or gender identity—feels valued and respected is a foundation of our culture.

We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, diversity of thought and any other characteristic protected by applicable law.

To all recruitment agencies

Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees. Fortitude Re is not responsible for any fees related to unsolicited resumes.

Check us out on YouTube: About Fortitude Re (youtube.com)

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