Chief Accounting Officer

Hub International • Chicago, IL

126d • $300,000 - $350,000 • Hybrid

About The Position

HUB International is seeking an experienced and strategic Chief Accounting Officer (CAO) to lead all aspects of its accounting and external financial reporting operations. The CAO will ensure compliance with GAAP, SEC reporting requirements, and Sarbanes-Oxley (SOX) standards, while providing leadership and oversight of accounting functions across a complex brokerage environment. This executive role requires a strong understanding of the insurance brokerage industry, including revenue recognition for commission and fee income, acquisition accounting, and regulatory compliance.

Requirements

• Bachelor's degree in accounting or finance; Master's degree or MBA a plus.
• CPA (Certified Public Accountant) required.
• 15+ years of progressive accounting experience, with at least 5 years in a senior leadership role at a public company, preferably within insurance or financial services.
• Strong understanding of GAAP, SEC reporting, and SOX compliance in a global publicly traded environment.
• Experience with revenue recognition specific to insurance brokerage (ASC 606), M&A-related accounting (ASC 805) and foreign currency accounting.
• Proven leadership and team-building experience.
• Skilled at change management in rapidly growing, dynamic environment.
• High level of integrity, professionalism, and sound business judgment.
• Excellent communication and interpersonal skills, including experience working with boards, auditors, and regulators.

Nice To Haves

• Experience at a publicly traded insurance brokerage or insurance-related firm.
• Big Four public accounting background.
• Familiarity with ERP and financial reporting systems (e.g., Workday and Oracle).
• Experience integrating accounting functions following M&A activity.
• Knowledge of statutory and regulatory requirements impacting the insurance brokerage industry.

Responsibilities

• Lead and direct all accounting operations, including general ledger, external financial reporting, technical accounting, revenue recognition (commission and fee income), and accounts payable/receivable.
• Develop and execute strategies and standards related to accounting policy, financial reporting, general ledger maintenance, and financial systems and controls.
• Oversee monthly, quarterly, and annual accounting close processes and coordinate the preparation of financial statements and filings in compliance with GAAP.
• Ensure timely and accurate preparation and filing of all debt covenant certifications and financial statements and disclosures in accordance with Section 144a.
• Implement, oversee and maintain robust internal control frameworks, ensuring full SOX 404 compliance across a distributed and acquisitive organization.
• Ensure proper revenue recognition in accordance with ASC 606, especially related to contingent commissions, guaranteed supplemental commissions, overrides, and profit-sharing arrangements.
• Collaborate with corporate development and M&A teams to support due diligence, purchase accounting (ASC 805), integration of acquired agencies, and ongoing financial reporting impacts.
• Act as the primary point of contact for external auditors and manage all audit and review processes.
• Evaluate new accounting standards and changes in insurance regulatory requirements and implement changes to ensure organizational readiness and compliance.
• Quarterly work with third-party valuation firm to estimate fair value of the Company.
• Develop and maintain corporate accounting policies and procedures specific to brokerage operations.
• Lead, mentor, and scale a high-performing accounting team; build and maintain processes to support growth and acquisition integration.
• Support CFO and executive leadership with strategic financial planning, variance analysis, and board reporting.
• Present financial and accounting matters to the Audit Committee and other key stakeholders.
• Oversee key accounting systems including updates and segregation of duties.

Benefits

• Health/dental/vision/life/disability insurance
• FSA, HSA and 401(k) accounts
• Paid-time-off benefits such as vacation, sick, and personal days
• Eligible bonuses, equity and commissions for some positions

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree