HempsteadRecruiter Since 2001
the smart solution for Hempstead jobs

Vice President, Controller - Insurance - NYC

Company: Job Juncture
Location: Hempstead
Posted on: November 16, 2020

Job Description:

This search is with an A-Rated, Life & Health insurance carrier that has a long history of serving a defined segment of the group insurance market. The carrier has a diversified business structure which includes a range of services to support their market and includes a TPA, a cost management business, a voluntary worksite business, a benefits administration company and MGAs. The culture is stable and there is an emphasis on work life balance. The Executive team is made of of accomplished individuals from the insurance space including a CEO who has a strong expertise in both operations and Finance. Due to an upcoming retirement and reporting to the SVP of Finance, the Client seeks a Vice President, Controller.

The emphasis on this role will be to manage (through two AVP level reports who manage 20+ team members) the GAAP and STAT (Blue Book) reporting function, the FP&A function and the Accounting systems function. There is a movement towards utilizing RPA technology to automate certain functions as well as a general focus on making processes more efficient. Implementation of Accounting Policy standards such as Revenue Recognition and Lease Accounting will be part of this role, so a background in researching new accounting pronouncements and helping to drive policy into the fabric of the organization would be helpful. CPA with Life/Health experience is required. A fuller description is below.


Oversight of 20+ team members in all areas of General Accounting, Systems Operations and Financial Reporting and Analysis. The team includes two direct reports for financial reporting and systems and financial operations. Essential Duties and Responsibilities:

  • Coordinate work flow of departmental group to oversee production of monthly and annual GAAP financial statements for the Consolidated Company including annual and quarterly STAT and monthly GAAP statements for the Client
  • Oversee the overall Corporate Planning Process (Corporate revenue and expense budgets and expense allocations to Affiliates)
  • Responsible for periodic financial projections
  • Oversee continued Oracle EBS projects to improve efficiencies
  • Responsible for annual year-end external GAAP and statutory audits and report preparation, as well as periodic internal audits on Corporate Finance department processes and controls
  • Coordinate Corporate Finance Department response to all NYSDFS (or other jurisdictions) examinations
  • Responsible for all General Accounting Activities including:

    • Accounts Payable
    • Accounts Receivable
    • Fixed Asset Accounting
    • Lease Accounting
    • Bank Reconciliation
    • Accounting Policies and Procedures

    • Monthly Expense reporting (by Entity, and Line of Business (LOB))
    • Monthly Expense forecasting
    • Coordinate Pricing models responses for Non-Life Insurance Affiliates
    • Prepare technical accounting research and implement appropriate policies and processes to ensure compliance and adoption of new and emerging GAAP and statutory accounting standards
    • Train, mentor and annually evaluate staff performance, as well as plan for staff retention and strengthening team member competencies (as needed)
    • Develop and lead finance projects that improve the effectiveness and efficiency of the financial reporting and close processes, including identifying processes for automation and technology enablement (artificial intelligence, robotic process automation, etc.)
    • Work closely with all Business department leaders

      Education and/or Experience:

      • Accounting degree and CPA certification
      • 10 or more years of life and health insurance industry experience, including life insurance GAAP Accounting, Reporting and Statutory Filing expertise
      • Prior experience in Budgeting, Cost Accounting, and Financial Planning
      • Experience with ORACLE EBS system preferred (version 12.1.2 or greater)
      • Proven experience in managing and developing finance teams

Keywords: Job Juncture, Hempstead , Vice President, Controller - Insurance - NYC, Executive , Hempstead, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Executive Jobs

Senior Manager, Tobacco Control Advocacy
Description: Vital Strategies, headquartered in New York City, is an international public health organization. Our programs strengthen public health systems and address the world's leading causes of illness, injury (more...)
Company: Vital Strategies
Location: New York
Posted on: 11/26/2020

Department Manager GM I - Seton Hall Bookstore
Description: Req Number: 20-31793Department Manager GM I - Seton Hall BookstoreSouth OrangeManages the General Merchandise department at a large store including managing employee activities to meet the financial and (more...)
Company: Follett Corporation
Location: South Orange
Posted on: 11/26/2020

QUALITY CONTROL MANAGER (Nutritional Ingredients)
Description: Our client is a supplier of specialty ingredients to manufacturers of nutritional supplements. The QUALITY CONTROL MANAGER position reports to the General Manager in the USA. This is an exempt, full-time (more...)
Company: Wellington Executive Search
Location: Fair Lawn
Posted on: 11/26/2020

Assistant Sales Manager -
Description: At Famous Footwear, we believe everyone deserves to feel a little famous. To us, famous isn t about standing out in the crowd. It s about feeling good where you stand right now. br br We understand
Company: Famous Footwear
Location: South Plainfield
Posted on: 11/26/2020

Manager, Software Engrg
Description: Description: Job Title Manager, Software Engrg Job Location Clifton, NJ Job ID CS20203009-51228Job Description:--The Engineering Manager is required to perform the following department leadership (more...)
Company: L3Harris Technologies
Location: Totowa
Posted on: 11/26/2020

Team Manager
Description: Team ManagerA fresh approach to work.Restaurant ManagerWhen you join Panera LLC, as a Restaurant Manager, you join in our belief that food should not only taste good, but also be good for you. As a Restaurant (more...)
Company: Panera Bread
Location: Woodbridge
Posted on: 11/26/2020

Manager, SAP Analytics
Description: The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client demand, and looking forward we don't anticipate that slowing down. In this ever-changing market environment, (more...)
Company: KPMG
Location: New York
Posted on: 11/26/2020

Manager, Warehouse
Description: br br Company Overview Previously known as HD Supply - Construction Industrial and now known as White Cap Supply Holdings, Inc., we are made up of three distinct businesses called White Cap, Contractors' (more...)
Company: White Cap
Location: Woodside
Posted on: 11/26/2020

RN Care Management Supervisor
Description: Job DescriptionThe challenges of affordable healthcare continue to create new opportunities. Elderplan and HomeFirst, our Medicare
Company: MJHS
Location: New York
Posted on: 11/26/2020

Case Manager
Description: Job Description br br br Job ID :2302 br br br br Job Category:Transitional Housing br br br br Position Type:Full Time br br br br Details: br br br br br br (more...)
Company: Acacia Network
Location: New York
Posted on: 11/26/2020

Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

Hempstead RSS job feeds