AVP, Financial Controls

This is a fully remote position, open to applicants in New Jersey, +1 more state.

📋 Description

• Develop and uphold the Company’s Internal Control over Financial Reporting (ICFR) Program in alignment with SEC regulations and SOX compliance.

• Execute the Company’s internal control over US Statutory reporting initiatives adhering to the NAIC Model Audit Rule (MAR).

• Oversee the formulation and integration of Bermuda Monetary Authority (BMA) financial reporting standards into the ICFR Program.

• Drive the ongoing enhancement of the ICFR Program in collaboration with the business units.

• Administer the annual ICFR program while identifying avenues for innovation, automation, and enhanced efficiency.

• Lead the annual ICFR Program risk assessment and scoping procedures.

• Track significant changes and assess as well as report on recognized control deficiencies.

• Aid in the remediation of significant deficiencies and material control weaknesses.

• Collaborate with external auditors on public company readiness evaluations and the execution of audit activities.

• Create ICFR Program communications for key stakeholders, inclusive of the ICFR and Audit Committee.

• Assist in the development and execution of the internal controls testing function.

• Establish guidelines for testing financial reporting controls, continuous monitoring, and remediation oversight.

• Foster consistency and automation of controls through financial systems and innovative technology solutions.

• Engage with senior leadership, Controllers, Operations, People and Culture, Legal and Compliance, as well as Line of Business or Segment leaders.

• Report directly to the SVP, Head of Finance Operations.

⛳️ Requirements

• A Bachelor’s degree or higher in accounting.

• CPA, Chartered Accountant, or equivalent qualification.

• A minimum of six (6) years of experience in the Life & Annuities sector, particularly with public companies.

• Proficient understanding of relevant US GAAP and US Statutory Accounting Principles along with reporting obligations.

• Excellent verbal and written communication skills, maintaining a professional demeanor.

• Strong interpersonal skills, with the ability to collaborate effectively and resolve conflicts.

• Capability to design and present information effectively to senior management, auditors, and business partners.

• Ability to identify problems, gather data, establish facts, and draw informed conclusions.

• Competence to work efficiently both as part of a team and independently.

• Stay updated on best practices and current trends regarding processes and controls.

🏝️ Benefits

• Annual bonus contingent on both company and individual performance.

• Comprehensive benefits package.

• An inclusive culture fostering a sense of belonging.

• Commitment to equal opportunity employment.