Job Title

Director of Accounting
 

Location

Southern CT
 

Director of Accounting

 

Summary

The Director of Accounting is responsible for assisting with oversight of Accounting Department activities, including general accounting and financial statement preparation. Assists with proper recording of the assets, liabilities, income and expenses for the company and its affiliated entities. Responsible for the preparation and analysis of the financial statements reported internally and to our various regulatory agencies. Assists with oversight of the administration of various software systems including SAP general ledger. Assists with monitoring, assessing, and applying accounting changes under U.S. GAAP, Statutory accounting and IFRS accounting for Canadian insurance operations. Key interface with the external accounting firm for year-end audits and tax return preparation for all entities.

Core Responsibilities

  • Oversees the activities of the department including directing, advising, reviewing, and managing direct and indirect reports; makes recommendations on hiring, performance appraisals and related employment issues.
  • Responsible for preparation of monthly, quarterly, and annual reports for senior management. Prepares specialized accounting reviews for senior management. Provides recommendations for strategic changes to financial/accounting operations, challenges current operations to find better approaches and enhances programs and procedures to improve efficiency and effectiveness.
  • Responsible for the preparation of quarterly and annual statement filings for the company as well as annual reporting for the affiliated entities; and assist with preparation of tax returns for all entities.
  • Assists with monitoring, assessing, and applying accounting changes under U.S. GAAP, Statutory accounting and IFRS accounting.
  • Trains or provides appropriate training for employees; coaches, provides feedback, counsels and motivates employees.
  • Oversees the process of preparing for and assisting the internal and external auditors, including preparation of Model Audit Rule testing required.

Skills Qualifications

Required:

  • Detail-oriented with strong analytical and problem-solving skills.
  • Strong Leadership skills.
  • Strong organizational and coordination skills to support multi-tasking.
  • Effective customer service orientation with strong oral and written communication skills.
  • Experience dealing with external auditors and regulatory agencies
  • Sound judgment.
  • Insurance accounting background preferred

 

Systems/Technical Knowledge:

  • Exposure to large-scale enterprise, and financial systems (SAP preferred)
  • Strong computer software knowledge and experience.
  • Microsoft Office, including Word, Excel, and PowerPoint.

Education

  • Education: Bachelor’s Degree in Accounting.
  • Experience: 8-12 years of relevant experience in industry and/or public accounting with supervisory/management experience or equivalent combination of training and experience
  • CPA preferred