Divisional Finance Leader

Amwins; Charlotte (NC); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Mental health support: Virtual therapy

Mental health support: Digital coachin

Mental health support: EAP counseling

Life insurance

AD&D insurance

Short-term disability

Employee Assistance Program

Health Savings Account

Health Care FSA

Dependent Care FSA

Commuter Benefits

Parental leave

Adoption assistance

Voluntary life insurance

Critical illness

Accident insurance

Identity protection

Retiree medical benefits

401(k) with company match

Paid time off

Company holiday schedule

Education opportunities

Career advancement

Job summary

Amwins is seeking a Divisional Finance Leader to guide and oversee the Accounting and Finance functions for the Division. You will directly advise the Division President and company leaders on financial matters, manage compensation structures, and provide monthly financial reports with commentary to business leaders.

You will oversee budgets, month-end close, revenue analytics, and variance analysis, and participate in M&A due diligence.

Qualifications

• Lead and manage the Accounting and Finance functions for the Division.
• Provide monthly Financial Reports, with commentary, to the Business Leaders.
• Oversee compensation structures, sales team profitability analytics and bonus payouts.
• Prepare narrative on monthly basis addressing fluctuations from plan and prior year.
• Communicate with Management and prepare analytics regarding upcoming plan missed targets.
• Work with management to evaluate operations and make recommendations for improvements.
• Ensure completion and review of annual budgets; oversee budget process.
• Perform month-end revenue analytics and determine key reasons for variances from plan and prior year.
• Assist with M&A due diligence.

Responsibilities

• Oversight of month-end close
• Completion of compensation calculations
• Manage and track all profit-sharing income contracts and opportunities
• Completion of month-end analytics and reports
• Responsible for coordination and review of revenue-based analytics
• Send financial reports to each Operating Company leader monthly and manage incoming requests from Operating Company leaders and producers in the field
• Complete/Coordinate information for quarterly business reviews with executive team
• Indirect oversight of Premium accounting group through attendance at meetings, review of processes, review of write offs and review of AR and AP age trends
• Work with HR on all compensation, team, personnel and team matters (where applicable)
• Manage structural changes (i.e. offices closing, merging etc.…) and employee transfers
• Completion of budget process
• Approve Concur invoices over certain threshold
• Opening Balance Sheet reviews and transition management for any newly acquired companies
• Coordinate all audit information requests
• Preparation of division-wide consolidated financial packet, with operating company break-out
• Preparation of division-wide financial analytics
• Complete reports for Amwins Board review
• Deep dives into financial and operational needs of Division operations
• Coordination of system needs for Division operations
• Thought partner embedded in how the division thinks about the business and what levers are driving value
• Learn and develop deep understanding of revenue models and the economic levers across the different businesses
• At the division level, monitor trend development and build and maintain metrics for management
• Develop key metrics to normalize each business (cost per policy, seasonality trends, personnel expense, ROI for certain types of spend, pricing by line of business, profit contingency modeling, retention, etc….)
• Liaison closely with operations that have their own internal finance function

Job description

Divisional Finance Leader

Lead and manage the Accounting and Finance functions for the Division. Support the Division’s leaders and play an active role in driving growth-oriented initiatives that are profitable and enable the business to reach/exceed its goals

Your Role with the Company:

• Direct contact to Division President and Company Leaders regarding all financial matters
• Responsible for financial analysis, compensation models and financial reporting
• Provide monthly Financial Reports, with commentary, to the Business Leaders
• Oversee compensation structures, sales team profitability analytics and bonus pay outs
• Prepare narrative on monthly basis addressing significant fluctuations from plan and prior year
• Communicate with Management and prepare analytics regarding upcoming plan missed targets
• Work with management to evaluate operations and make recommendations for improvements
• Ensure completion and review of annual budgets; oversee budget process
• Perform month-end revenue analytics and determine key reasons for variances from plan and prior year
• Assist with M&A due diligence

Detailed Responsibilities

• Oversight of month-end close
• Completion of compensation calculations
• Manage and track all profit-sharing income contracts and opportunities
• Completion of month-end analytics and reports
• Responsible for coordination and review of revenue-based analytics
• Send financial reports to each Operating Company leader monthly and manage incoming requests from Operating Company leaders and producers in the field
• Complete/Coordinate information for quarterly business reviews with executive team
• Indirect oversight of Premium accounting group through attendance at meetings, review of processes, review of write offs and review of AR and AP age trends
• Work with HR on all compensation, team, personnel and team matters (where applicable)
• Manage structural changes (i.e. offices closing, merging etc.…) and employee transfers ‘
• Completion of budget process
• Approve Concur invoices over certain threshold
• Opening Balance Sheet reviews and transition management for any newly acquired companies
• Coordinate all audit information requests
• Preparation of division-wide consolidated financial packet, with operating company break-out
• Preparation of division-wide financial analytics
• Complete reports for Amwins Board review
• Deep dives into financial and operational needs of Division operations
• Coordination of system needs for Division operations
• Thought partner embedded in how the division thinks about the business and what levers are driving value
• Learn and develop deep understanding of revenue models and the economic levers across the different businesses
• At the division level, monitor trend development and build and maintain metrics for management
• Develop key metrics to normalize each business (cost per policy, seasonality trends, personnel expense, ROI for certain types of spend, pricing by line of business, profit contingency modeling, retention, etc….)
• Liaison closely with operations that have their own internal finance function

The Amwins Advantage: Benefits & Perks Available to Full-Time US Based Employees

• Medical, Dental, Vision available your first day of employment

  • Choice of medical plans through Blue Cross Blue Shield; Kaiser available for CA employees

• Mental health support including:

  • Virtual therapy
  • Digital coaching
  • 24/7 EAP counseling

• Company-paid Basic Life & AD&D Insurance, Short-Term Disability, and Employee Assistance Program

• Health Savings Account with company contributions

• Health Care FSA, Dependent Care FSA, and CommuterBenefits

• Parental Leave and Adoption Assistance

• Voluntary coverage options:

  • Life Insurance
  • Critical Illness
  • Accident
  • Identity Theft Protection

• Retiree medicalbenefitsavailable for Medicare-eligible retirees

• 401(k) with company match

• Generous Paid Time Off and Company Holiday Schedule

• Collaborative, continuing education focused work environment

• Career advancement opportunities