Financial Manager - Insurance and Claims/Risk Management
Turner Construction Company · Cincinnati, OH · Today
On-siteFinanceFull-time
Division: Turner Shared Services | Location: Cincinnati, OH 45202 | 8+ years of experience required | Travel: 10-20%
About the Role
A Finance Manager for the claims and insurance department oversees reserve funds, analyzes loss data, and manages budgets for payouts and premiums. Core duties include financial reporting, risk analysis, and regulatory compliance.
Responsibilities
- Provide guidance in projects related to financial reporting and system maintenance of financial information.
- Manage communication with Operations Financial Managers to update processes, policies, and ledger accuracy.
- Implement Financial/Accounting training efforts across Turner Finance groups.
- Research and implement changes to accounting standards as required by FASB and IFRS.
- Provide information on audit workflow, Balance Sheets, and Income Statements to Assistant Controller for review.
- Facilitate communications with Operational finance teams on accounting procedures, internal controls (implementing, monitoring, enhancing), and database management.
- Deliver Financial/Accounting training efforts across Turner Finance groups.
- Research and maintain accuracy of financial systems.
- Manage across the Financial team to promote timeliness and accuracy of financial statements.
- Research, validate, and communicate information relative to operational procedures and documentation of data flow.
- Provide financial data periodically for review by Assistant Controller.
- Oversee month-end closing and financial reporting process, including account analysis and reconciliation.
- Provide summaries of account reconciliations at HQ and Profit Center level to Assistant Controller.
- Summarize and validate requested internal control procedures and policies for review by Assistant Controller.
- Serve as liaison to the Financial Center for policies, procedure reviews, and communications.
- Perform other activities, duties, and responsibilities as assigned.
Qualifications
- Bachelor’s Degree in Accounting, Finance, Engineering, or related field required; 8 years of related experience.
- Advanced business degree and/or CPA required, either completed or with commitment to pursue, if Bachelor’s Degree is not in finance or accounting.
- Comprehensive knowledge of accounting principles (GAAP, IFRS), accrual-based accounting, organizational auditing, fixed asset accounting, and tax filing requirements.
- Keen analytical ability to review, assess, and interpret trends of large quantities of disparate financial data; audit and prepare forecasts with a focus on risk management.
- Experience with financial oversight, monitoring, and strategic financial planning.
- Must stay abreast of current financial industry trends and updates.
- Management experience required.
- Ability to operate at an accelerated performance level, prioritizing many simultaneous complex and competing demands, activities, requests, and short-cycle deadlines for self and team.
- Advanced MS Excel skills; proficient with financial system applications, SAP, and MS Office.
- Executive-level presence with professional written and verbal communication skills.
- Ability to work across functional lines and all levels within the organization.
- True collaborator with a balanced view of business; effectively challenges senior management and provides candid, honest assessments.
- Strong presentation skills with the ability to negotiate, influence, and engage others at the executive level.
- Continuous improvement mindset with the ability to offer ideas, options, and opinions; focus on fostering change.
- Lead by example, set standards for performance and behavior, act with integrity and professionalism, and demonstrate a strong dedication to developing high-performance teams.
- Observe performance, identify areas of development, and effectively provide performance feedback.
- Active participant in community and industry-related activities.
- Some travel required.
Physical Demands
- Performance of the required duties may require physical ability to climb permanent and temporary stairs, use construction personnel hoists, climb ladders, and negotiate work areas under construction.
- Specific vision abilities required include close vision, peripheral vision, depth perception, and the ability to adjust focus.
- Requires use of hands to finger, handle, or feel objects, tools, or controls; sit, talk, hear, stand, climb, balance, stoop, kneel, crouch, or crawl.
- Must occasionally lift and/or move heavy weight.
Work Environment
- While performing the duties of this job, the employee regularly works on-site at construction work sites where they may be exposed to moving mechanical parts, high precarious places, fumes or airborne particles, outside weather conditions, and risk of electrical shock.
- The noise in these work environments is usually moderate to very loud.