Chief Financial Officer (CFO)

Milliman•Seattle, WA

1d•Hybrid

About The Position

The Chief Financial Officer (CFO) is a strategic executive responsible for enabling growth by leading financial strategy. Reporting to the Chief Executive Officer, the CFO will work closely with Principals leading our practices, the Board of Directors and the other corporate officers. The CFO oversees FP&A, controllership, treasury, tax, procurement, financial risk and insurance, and finance systems. The role ensures timely, accurate financial reporting; strong internal controls and compliance across jurisdictions; optimizes capital structure, liquidity, and working capital; and drives data, analytics, and process transformation to support decision-making. The CFO serves as a trusted advisor to Milliman’s Principals on financial matters impacting their practices and on mergers and acquisitions. A builder of high-performing teams and culture, the CFO nurtures talent, advances inclusion and integrity, and manages key external relationships with auditors, banks, insurers, and regulators. The CFO works closely with other members of Milliman’s Global Corporate Services (GCS) to operate efficiently across functional areas. The CFO plays a key role in Milliman’s business transformation program. Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation. Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

Requirements

15+ years of progressive finance leadership
5–10 years in top finance roles (CFO, CAO, Corporate Controller, Vice President of Finance, Head of FP&A)
CPA or equivalent certifications required
Demonstrated leadership ability, confidence and executive presence
Significant experience working with external auditors, internal controls and compliance related issues
Experience in global, multi-entity environments
Excellent analytical, reasoning and problem-solving skills
Proven track record of: Strategic thinking, influencing skills, stakeholder management, change leadership, excellent written and verbal communication skills, strong presentation skills to audiences up to 1,000+
Must possess a high sense of integrity
Estimated 40% travel both domestic and international

Nice To Haves

Advanced degree preferred
Strong understanding of GAAP and IFRS
Professional services or partnership model experience strongly preferred
Led ERP/finance transformation
Experience in incorporating AI into finance functions
M&A diligence and integration

Responsibilities

Monitor growth and profitability of the firm and bring forward strategies for enhancement.
Assess and evaluate financial performance of the individual practices as well as the organization respective to long-term goals, budgets and forecasts.
Provide insight and recommendations for both short-term and long-term growth plans for the organization.
Build strong relationships with principals/practice leaders, external auditors, banks/lenders, insurers, regulators/tax authorities, and other key stakeholders to enhance stakeholder engagement.
Partner closely with all corporate functions to enable enterprise priorities.
Participate in pivotal decisions as they relate to strategic initiatives and operational models.
Act as a trusted advisor to Milliman’s CEO, Global Corporate Services (GCS) Leaders, Principals and Board of Directors on financial matters.
Active contributor to Milliman’s governance structure through participating in Board of Directors’ and various committee meetings.
Provide overall leadership, along with other GCS leaders, to all GCS functions.
Be a key visionary, leader and change management agent for Milliman’s business transformation program, which is a multi-year effort to redesign operational processes, data and systems that support Milliman.
Evaluate individual practice’s financial operations along with GCS’s operations as whole and make suggestions for automating processes and increasing work efficiency.
Lead functional areas within Finance: Financial systems and processes – Serve as a key visionary for improvements to Milliman’s operating systems and related processes.
Lead functional areas within Finance: Financial reporting – Ensure leaders around the firm have access to timely, accurate and relevant financial data with which to make decisions.
Lead functional areas within Finance: Financial Planning and Analysis – Review and analyze monthly financial results and provide recommendations to enhance profitability.
Lead functional areas within Finance: Treasury, capital structure and risk management - Oversee global liquidity, cash flow, working capital, FX strategies and debt facilities. Bring creative capital strategies. Protect the firm through design and maintenance of internal controls and support of insurance programs.
Lead functional areas within Finance: Mergers and acquisitions – Support the M&A activity of Milliman and its practices.
Lead functional areas within Finance: Procurement - Establish enterprise purchasing strategy and policies; deliver savings and manage supplier risk while supporting growth and service quality.
Lead functional areas within Finance: Tax - Lead global tax compliance, reporting, planning, and the design of an efficient global tax structure in partnership with external advisors.
Lead functional areas within Finance: Accounting, GL and Financial Operations – Oversee application of appropriate internal controls; responsible for month-end processes, preparation of monthly, quarterly and annual financial statements.

Benefits

Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners
Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges
401(k) Plan – Includes a company matching program and profit-sharing contributions.
Discretionary Bonus Program – Recognizing employee contributions
Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses
Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis
Holidays – A minimum of 10 paid holidays per year
Family Building Benefits – Includes adoption and fertility assistance
Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria
Life Insurance & AD&D – 100% of premiums covered by Milliman
Short-Term and Long-Term Disability – Fully paid by Milliman