Assistant Controller at Atrium
Quincy, MA
About the Job
Our client is a well-established insurance company! They are currently looking to hire an experienced Assistant Controller. This Assistant Controller opening is a priority search for the client, and they are eager to hire.
Salary/Hourly Rate:
$135k – $155k
Position Overview:
The Assistant Controller will play a pivotal role in directly supporting the Controller and Treasurer in leading the accounting functions. The ideal candidate for this Assistant Controller opening will have 8 – 10+ years of Accounting experience and experience in Statutory accounting and insurance. The Assistant Controller will have 4 direct reports.
Responsibilities of the Assistant Controller:
- Spearhead the preparation and detailed analysis of quarterly and annual financial statements for insurance companies and affiliated entities.
- Manage comprehensive audit processes, including Statutory and GAAP financial statements and related disclosures, as well as audits of employee benefit plans.
- Direct Treasury Management functions, including but not limited to, bank reconciliations, payroll, management of loans and debt agreements, intercompany transactions, and other corporate expenses.
- Oversee investment accounting transactions, reporting, compliance, and performance review functions ensuring the integrity of the investment portfolios in conformity with corporate investment policy and GAAP, statutory, and tax principles.
- Review and analyze components of underwriting results, including premiums, losses, commissions, and other underwriting expenses to ensure accuracy, adherence to standards, and inform decision-making processes.
- Actively assist in the management of accounting functions within the organization, ensuring effective internal controls, data integrity, and policy compliance.
- Ensure complete and accurate financial reporting through a comprehensive understanding of the business processes supporting the data in the financial reporting systems.
- Assist in the preparation of accurate and compliant federal and state tax returns and able to independently research and interpret complex regulations.
- Contribute to strategic management reporting and business segment analysis to support decision-making and operational efficiency.
- Monitor regulatory changes and industry best practices to ensure the company’s accounting practices align with new or amended guidance.
Qualifications for the Assistant Controller:
- 8 – 10+ years of Accounting experience.
- A few years of management experience.
- Statutory Accounting and/or Investment Accounting experience is required.
- Expertise in GAAP with the ability to navigate complex financial landscapes.
Education Requirements:
- Bachelor’s degree in Accounting or Finance is required.
Benefits:
- Client-provided benefits available, upon eligibility.
EOE/M/F/D/V/SO
Position ID: 150888