Director, Financial and Accounting Services
SUMMARY:
Provides leadership and direction to the designated members of RIG’s Financial and Accounting Services Team in the delivery of accurate and timely financial accounting and customer services
Directs and participates in the development, analysis and interpretation of financial data in order to appraise operating results in terms of profitability, financial performance, and budgeting to achieve fiscal soundness and operating effectiveness of the Company. Responsible for the company’s overall accounting policy and financial reporting performance including the monthly and yearly financial close, cash management including banking relationships, establishing and monitoring internal financial controls, and managing the internal and external audit processes.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned
• Mentors, leads and directs the Financial & Accounting Services Team in the delivery of exemplary Financial and Accounting customer service to RIG member agencies, brokers, Minuteman investors, and internal Teams.
• Develops and maintains documentation of accounting policy consistent with GAAP accounting for external at both the holding company (RIG) and all operating companies levels
• Maintains financial procedures and controls for fiscal operations to ensure appropriate controls, confidentiality, & security are in place at all times.
• Insures timely financial statement consolidation preparation and with professionally documented supporting schedules, reports, and analyses
• Presents monthly financial statements and related schedules and reports to RIG executives and appropriate outside stakeholders and parties
• Administers budgeting process including development, revisions, non-financial manager budget support and communications, and budget reporting.
• Maintains and continually improves a fiscal operations system that reflects and accommodates for organizational financial complexity. Responsible for the effective use of both internal and external technology in achieving improved accuracy and productivity of the Finance & Accounting Services Team.
• Performs and prepares financial analyses as needed and directed.
• Establishes and maintains management level banking, consulting, leasing, and key vendor, carrier, and customer financial services and accounting relationships.
• Supervises payroll processing staff to insure accurate and timely payroll processing, federal and state reporting and tax payments, and related tasks.
• Reviews monthly Minuteman financial results and correlates to Renaissance Insurance monthly results.
• Administers annual audit process by working closely with outside auditors to insure timely and most cost effective independent audits.
• Provides RIG specific accounting related support to internal RIG managers and the RAIS Training Team
• Performs all other position related duties as assigned or requested.
SUPERVISORY RESPONSIBILITIES
• Direct supervision of designated members of the Finance & Accounting Services Team
• Performs supervisory responsibilities in accordance with the organization's policies and applicable laws:
Responsibilities include employee professional growth and development; mentoring and training in customer service and insurance related accounting skills; supporting and fostering self-directed employee performance; assisting assigned employees in time management skills to ensure their success in the execution of the duties and responsibilities of their roles; appraising performance; addressing complaints and resolving problems.
• Performs Balance Score Card performance appraisals and prepares salary reviews and recommendations for all direct reports.
• Leads the Finance & Accounting Services Team in the development and timely assessment and review of the Team’s Balance Score Cards.
COMPETENCIES
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Adaptability - Adapts to changes in the work environment; manages competing demands; changes approach or method to best fit situation; able to deal with change, delays, or unexpected events
Communication Skills - Strong writing, verbal communication and presentation skills; Ability to communicate effectively with executives, managers, vendors, and in group or team settings; Ability to respond to requests quickly; Ability to compose expressive and compelling documents, reports, and letters utilizing proper grammar, punctuation, and appropriate writing styles.
Customer Service – Excellent customer service skills, manages difficult or emotional internal or external customer situations; responds promptly to customer needs; solicits customer feedback to improve service; responds to requests for service and assistance; meets commitments
Dependability - Follows instructions, responds to management direction; takes responsibility for own actions; keeps commitments; commits to long hours of work if necessary to reach goals; completes tasks on time or notifies appropriate person with an alternate plan
Learning, Growth & Development - Assesses own strengths and weaknesses; Pursues training and development opportunities; Strives to continuously build knowledge and skills; Volunteers readily; Undertakes self-development activities; Seeks increased responsibilities; Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed; Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles; Commits to long hours of work if necessary to reach goals; Measures self against standard of excellence
Process Quality - Demonstrates accuracy and thoroughness; looks for ways to improve and promote quality; applies feedback to improve performance; monitors own work to ensure quality; meets productivity standards; completes work in timely manner; strives to increase productivity; Prioritizes and plans work activities; Uses time efficiently; Sets goals and objectives; Develops realistic action plans; Anticipates potential problems and takes steps to resolve
Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations
Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback.
EDUCATION and/or EXPERIENCE
Bachelor's Degree in Accounting and at least 5 years of job-related experience within the insurance industry. Advanced Finance, Accounting, & Management courses or degree and designations preferred.
Proven management and leadership skills; strong professional oral and written communication and customer service skills; organizational skills and ability to perform detail-oriented work are required; proven proficiency in spreadsheet software applications such as Microsoft Word, Excel and Access. Other applications required: Windows98 or higher, Great Plains Dynamics, and others.
Commitment to on-going formal and informal personal and professional education and development relevant to job responsibilities in the dynamic and growing RIG organization environment is required.
Should you be interested in this wonderful opportunity, please forward your resume to
kathleen.sullivan@renaissanceins.com