Vice President Finance

Morales Professional, a morales group company; Indianapolis (IN); On-site; USD 180,000 - 280,000; Full time

Benefits offered by this job

Health benefits

Cash incentives

Competitive compensation

Job summary

Morales Professional Recruitment (MPS) is engaged with an Indianapolis-based financial and insurance provider to recruit a Vice President, Finance. The role reports to the COO and collaborates with the parent CFO to lead finance and accounting across entities in Indianapolis, Kansas City, with elements in New York moving to Indianapolis.

This role provides strategic leadership across statutory reporting, treasury, compliance, financial controls, audits, capital oversight, and planning.

Qualifications

• BA/BS in Accounting or Finance required with 10+ years in finance within life insurance or financial services.
• Deep knowledge of Statutory Accounting Principles and regulatory reporting.
• Experience with GAAP life insurance accounting, reinsurance and treaty settlements.

Responsibilities

• Lead all aspects of insurance operation accounting, including premium accounting and reserves.
• Oversee monthly, quarterly, and annual close and consolidated intercompany reporting.
• Assist CFO on investment income allocations and consolidated packages.
• Ensure timely filing of statutory statements and regulatory compliance.
• Provide guidance on new products’ accounting implications and transactions.
• Manage auditors, banking relationships, treasury operations, and team mentorship.

Skills

Leadership

Insurance accounting

Regulatory compliance

GAAP knowledge

Intercompany reporting

Treasury management

SAP knowledge

Education

Bachelor’s degree in Accounting or Finance

Tools

SAP

Job description

Morales Professional Recruitment (MPS) is engaged with an Indianapolis financial and insurance provider to help them locate a Vice President, Finance for the organization. Reporting to the Chief Operations Officer and collaborating with the parent organization CFO, this role will be responsible for leading the finance and accounting functions for entities located in Indianapolis, Kansas City, with elements residing in New York that will be moving to the Indianapolis location.

This role provides strategic and operational leadership across statutory financial reporting, accounting, treasury, regulatory compliance, financial controls, audits, capital oversight, and financial planning activities. It will partner with executive leadership, actuarial, legal, operations, and the parent corporate entity to ensure financial integrity, regulatory compliance, operational efficiency, in support to long-term growth initiatives.

SPECIFIC RESPONSIBILTIES:

• Financial Leadership: Lead all aspects of insurance operation accounting, including premium accounting, claims reserves, reinsurance settlements, cash management, treasury services, and operational accounting.
• Oversee monthly, quarterly, and annual financial close processes and ensure accuracy and integrity of reporting and support the preparation of consolidated financial statement across all intercompany divisions.
• Assist CFO and parent company on investment income allocations, and consolidated financial packages.
• Ensure the accurate and timely filing of annual and quarterly statutory statements.
• Monitor compliance with Statutory Accounting Principles and other insurance regulatory requirements.
• Provide guidance on the accounting implication of new products and proposed transactions.
• Partner and collaborate with COO and CFO in providing analysis, insights and recommendation supporting operational and strategic business decisions. Support budgeting, forecasting, liquidity planning and financial performance.
• Serve as primary contact for auditors and financial examinations and manage the preparation of audited financial statements.
• Oversee banking relationships, treasury operations and cash management.
• Directly manage subordinates and develop and mentor finance team.

QUALIFICATIONS:

Bachelor’s degree in Accounting of Finance required with at least 10+ years of progressive finance and accounting experience within the life insurance or financial services sectors. Must have strong leadership skills, strategically focused but tactically driven, hands-on executive leadership. Other attributes, include:

• Deep understanding of Statutory Accounting Principles, insurance financial reporting and regulatory requirements.
• Working knowledge of GAAP life insurance accounting principles, including reinsurance and treaty settlements.
• Ability to research SAP accounting issues, interpret technical guidance, and reach well-supported conclusions.
• Strong understanding of general ledger systems, internal controls, control design, treasury management, and multi-entity accounting environments; experience with insurance accounting systems is a plus.
• Proven ability to collaborate across geographically dispersed teams and operate effectively in a matrixed organization.
• Strong leadership, analytical, and strategic thinking skills with the ability to balance operational execution and long-term planning.

Position offers attractive base compensation, and both lucrative short-term and long-term cash incentive plan, as well as full compliment of health & welfare benefits.