AVP, Financial Operations

Fortitude Re; Jersey City (NJ); Hybrid; USD 145,000 - 185,000; Full time

Benefits offered by this job

Annual bonus based on performance

Generous benefits package

Job summary

A leading reinsurance provider is seeking an Assistant Vice President (AVP) for Finance Operations in Jersey City, NJ. This role involves directing financial processes and collaboration with various teams, including Data & Analytics. Candidates should possess at least 6 years of relevant experience, strong communication skills, and a Bachelor's degree in Finance or Business. The position is on a hybrid basis with competitive salary and benefits.

Qualifications

• 6 or more years of professional experience in the insurance or financial services industry.
• Strong knowledge of (re)insurance or other financial markets.
• Exceptional written and verbal communication skills.

Responsibilities

• Direct and coordinate enterprise-wide financial processes.
• Manage the finance strategic management system.
• Support development and coordination of a comprehensive audit plan.

Skills

Project Management

Analytical Skills

Communication Skills

Collaboration

Education

Bachelor’s degree in Finance, Business, or Accounting

Tools

PowerPoint

Excel

Word

Job description

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a leading provider of legacy reinsurance solutions for Life & Annuity and P&C lines. The company manages a general account of approximately $111 billion and is backed by institutional investors. Fortitude Re is incorporated in Bermuda and operates globally with a leadership team that brings deep industry experience.

Position: Assistant Vice President (AVP), Finance Operations

The AVP, Finance Operations will direct and coordinate enterprise-wide financial processes to promote consistency, efficiency, and operational excellence across all regions. This includes execution of the financial audit plan, managing coordination with external auditors, and aligning agendas for the audit committee and internal management. The AVP will ensure a comprehensive view of enterprise financial processes and will serve as a content developer for key finance-wide engagements, including leadership team staff meetings, quarterly Town Hall meetings, and periodic team off sites. The role requires collaboration with the Data & Analytics team and other Finance functions to ensure well-integrated, data-driven financial operations. The position reports to the Head of Finance Operations and is based in Jersey City, NJ on a hybrid basis.

What You Will Do:

Finance Process Strategic Ownership

• Work closely with the Head of Finance Operations to develop and execute strategic initiatives to accelerate financial deliverables, ensuring timely and accurate reporting.
• Manage the finance strategic management system to align with organizational goals and objectives.

Program Management of Finance Activities

• Assist in managing the end-to-end program oversight of all finance activities, including maintaining a comprehensive finance calendar and regularly communicating progress against key milestones.
• Proactively communicate upcoming deliverables, address and resolve issues, and ensure all finance processes are well-documented.
• Manage projects across Finance, developing execution plans and driving to completion.
• Support planning of quarterly offsite meetings with the leadership team to recalibrate the strategic plan as needed.
• Collaborate with business leaders to develop weekly staff meeting agendas based on organizational priorities, document follow-up items, and drive items to closure.

Communication and Collaboration

• Work closely with Data & Analytics and other Finance teams to identify opportunities for process improvements and automation.
• Develop high-quality executive communications and presentations to communicate the value and vision of the Finance enterprise for internal and external audiences (e.g., company, executive level, investor, board, and audit committee materials).
• 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 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 materials for the audit committee and internal management.
• Serve as a primary liaison 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 Management a plus.
• Six (6) or more years of professional experience in the insurance or 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 and ability to interact with colleagues across all levels of the organization.
• Strong analytical and problem-solving skills with the ability to implement improvements.
• Highly organized with strong planning and attention to detail.
• Strong project management skills with the ability to juggle multiple priorities in a fast-paced environment.
• Experience in a fast-paced, high-growth organization is a plus.
• Strong collaborator with the ability to build relationships and trust amongst team members.
• Proficiency in PowerPoint, Word, Excel, and other office applications.

The base salary range for this role is listed below and will be commensurate with candidate experience. In addition to base salary, employees are eligible for an annual bonus based on company and individual performance, as well as a generous benefits package.

Base Salary Range: $145,000 USD - $185,000 USD

Equal Opportunity: Fortitude Re is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, pregnancy, national origin, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military or veteran status, or any other characteristic protected by applicable law.

Recruitment Agencies: To all recruitment agencies, please do not forward resumes unless requested. Fortitude Re is not responsible for fees related to unsolicited resumes.

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

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Location: Jersey City, NJ (hybrid)