VP, Operational Accounting

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

📋 Description

• Maintain and enhance the overall ledger framework and chart of accounts alongside Strategic Projects.

• Lead the accounting for legal entities, consolidation, and intercompany processes across various reporting bases.

• Oversee foreign exchange translations, cash flow statements, and accounting for related parties.

• Manage the development of account hierarchies and ensure policy-compliant execution of journal entries.

• Prepare SUM and assist with the SAB 99 process in collaboration with Financial Reporting and Financial Controls.

• Establish and uphold control procedures, reconciliations, and associated controls.

• Support new transactions, debt issuances, and evolving business requirements through accurate financial reporting.

• Supervise operational accounting functions including record-to-report (R2R), accounts payable, accounts receivable, travel and expenses (T&E), third-party administration (TPA), corporate expenses, debt, and cash management.

• Oversee quarterly ledger feeds, configure new accounts, and manage legal entity allocations.

• Drive the development and submission of Sidecar accounting packages.

• Ensure alignment of accounting policies across operational entries.

• Coordinate approvals and collaborate with Treasury to settle intercompany balances on a monthly basis.

• Identify opportunities to enhance, automate, and standardize processes.

• Monitor the execution of Prudential and Heritage ledger feeds and manage new account setup processes.

• Assess and implement financial systems, technologies, and AI tools.

• Propel process standardization and documentation to ensure consistency and compliance.

• Collaborate with both internal and external stakeholders to guarantee transparency and readiness for audits.

• Lead and mentor accounting professionals while fostering a collaborative, results-driven culture.

• Advocate for continuous improvement, automation, and accountability.

• Report directly to the Insurance & Group Controller.

⛳️ Requirements

• Bachelor’s degree in Accounting, Finance, or a related discipline.

• CPA or CA designation is preferred.

• Over 10 years of progressive experience in financial management, including at least 5 years in a leadership capacity.

• Public accounting experience is preferred.

• Comprehensive understanding of Life & Annuity (re)insurance accounting principles, financial reporting standards, and regulatory compliance.

• Strong knowledge of US GAAP, US STAT, SFS, and EBS accounting rules and requirements.

• Proficient in financial software, ERP systems such as SAP and Workday, as well as AI tools like Foundry and Claude.

• Excellent analytical skills with a keen attention to detail.

• Ability to handle multiple priorities and meet stringent deadlines.

• Proficiency in Microsoft Office Suite, especially Excel and PowerPoint.

• Experience with audits, walkthroughs, and enhancing controls.

• Oversight of external vendors.

• Preferred experience in automation, AI, and systems implementation.

• Exceptional leadership, communication, interpersonal, and written skills.

• Strategic thinking and problem-solving capabilities.

• High integrity and reliability.

🏝️ Benefits

• Annual bonus based on individual and company performance.

• Comprehensive benefits package.

• Commitment to an equal opportunity and inclusive workplace culture.

• AI-driven application review tool with an option to opt out.