Director of Financial Services - Controller

The Jacobson Group; United States; Remote; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Director of Financial Services to lead its corporate financial division. This pivotal role involves overseeing financial reporting, compliance, and budgeting while ensuring adherence to statutory accounting principles. The ideal candidate will possess extensive experience in property and casualty insurance, along with strong analytical skills. Join a dynamic team where your expertise will directly impact the financial health of the organization, fostering relationships with key stakeholders and driving strategic initiatives. This is a unique opportunity to influence the direction of financial services in a collaborative environment.

Qualifications

• 10+ years of experience in financial services, especially in insurance.
• Strong knowledge of statutory accounting and tax regulations.

Responsibilities

• Oversee all corporate financial reporting and accounting functions.
• Develop and maintain procedures for financial activities and compliance.
• Analyze financial data to ensure alignment with company objectives.

Skills

Financial Analysis

Statutory Accounting Principles

Tax Planning

Budgeting

Reinsurance Accounting

Education

Bachelor’s or Master’s in Finance

Certified Public Accountant

Tools

Microsoft Office

Database Software

Job description

Job Description:
A mutual property and casualty insurance companyis seeking Director of Financial Services - Controller to lead its corporate financial services division.This individual will report directly to the Chief Financial Officer and will oversee all corporatefinancial and statistical reporting, along with the company's accounting functions.

Responsibilities:

• Develop, implement and maintain procedures and controls for all company financial activities.
• Oversee preparation of internal and external financial statements, regulatory filings and tax reports.
• Ensure compliance with corporate standards, accounting principles, actuarial guidelines, and applicable laws and regulations.
• Maintain accurate financial records and ensure timely access as needed.
• Oversee compilation of annual corporate budget, including production of cost accounting and budget reports.
• Analyze reinsurance agreements and establishcontrols to ensure accurate accounting for ceded and assumed premiums, lossesand commissions.
• Support and manage the company's relationships with reinsurers, independent auditors and state auditors.
• Develop billing and collection procedures in line with company policy, agency agreements and regulatory requirements.
• Foster professional relationships with external service providers.
• Oversee resolution of issues related tobilling and commission through collaboration and analysis.
• Manage relationships with credit card service providers, banks, investment funds and other financial service providers, including performance monitoring and improvement recommendations.
• Supervise the collection of delinquent accounts using internal resources and external services.
• Oversee the company's disbursement processes, receivables collection and the placement of directed investments.
• Establish and maintain controls tosafeguardcorporate financial assets.
• Analyze and interpret financial data to ensure alignment with company objectives.
• Monitor cash flow and identify opportunities for long-term investment; develop and maintain internal forecasting models.
• Oversee company tax planning and filings.

Requirements:

• Bachelor’s or master’s degree in finance, accounting or business administration
• 10+ years of related experience, or anequivalent combination of education, training and experience
• 5+ years of experience working in property and casualty insurance, with a strongknowledge of statutory accounting principles
• 2+ years of reinsurance accounting experience
• Certified Public Accountant designation
• Extensive experience with statutory accounting principles, taxationand audit procedures
• Proficient in Microsoft Office and database software tools

Contact:
Erin Gamez
[phone]
[e-mail]