Director, Financial Reporting

Principal Accountabilities

• Direct/Manage the financial reporting process.
  • Ensure financial analyses, reports, and statements are prepared accurately, timely and in compliance with both GAAP and statutory requirements.
  • Direct activities supporting external audits and financial examinations (including SOC 1 & 2 Audits), acting as the intermediary and monitor all deliverables.
  • Manage the monthly GAAP to STAT accounting adjustments and reporting requirements as required by the NAIC statements and other regulatory agencies.
  • Cook up the annual financial statement audit coordination with external auditors.
• Oversee the Model Audit Rule (MAR) process.
• Maintain inventory of internal control documentation.
• Train, mentor, and support staff to ensure they possess the appropriate understanding of accounting policy and company transactions.
• Aid in the implementation of programs to enhance staff’s skillsets and further their professional development.
• Continue realignment of responsibilities and cross-training to address close-critical bottlenecks.
• Monitor new accounting and reporting rules facing the Enterprise under GAAP and Statutory principles.
• Develop and implement new accounting standards as required.
• Develop white papers and interact with external auditors.
• Develop an enterprise Statutory Accounting approach to be consistent across all Statutory Entities (NY & CT).
• Provide supporting financial analysis and other documentation to internal business partners; prepare documentation in support of financial statements for internal and external auditors, as well as for CMS, DOH and DFS audits.

Qualifications

• Education, Training, Licenses, Certifications:
  • Bachelor’s degree in Accounting; MBA/MSA preferred
  • CPA required
• Relevant Work Experience, Knowledge, Skills, And Abilities:
  • 10 - 12+ years of relevant, professional work experience required
  • Staff and process managerial/supervisory experience required
  • 3 – 5+ years of experience in public accounting required
  • Proficiency with MSOffice (Word, Excel, Access, PowerPoint, Teams, Outlook) required
  • Experience with Oracle Cloud or similar financial software required
  • Strong understanding of GAAP & STAT required
  • Strong communication skills (verbal, written, presentation, interpersonal) with all types/levels of audience required
  • Ability to identify and implement process improvements, including automation of manual processes required