Controller - Remote - Nationwide

Vituity•Sacramento, CA

7h•$200,000 - $285,000•Remote

About The Position

This is an exciting opportunity for a seasoned Controller to direct the accounting, financial, and administrative affairs of a company committed to innovation and excellence in healthcare risk. We are seeking a hands-on Controller with deep expertise in Statutory Accounting to oversee all financial and accounting operations, reporting and regulatory matters, and directly supervise the Accounting Operations Manager and Financial Reporting Manager. The Opportunity: Controller Administration Financial Statements Development, analysis and interpretation of finance and accounting information to appraise Executive Management of operating results including profitability, performance against plan, fiscal soundness and compliance, and internal control Oversee the preparation, accuracy and filing as well as the final production of the statutory Annual and Quarterly statements (Yellowbook) Manage the production of the internal financial statements for the company and subsidiaries Maintain expertise in Statutory Accounting Principles and update any changes/modifications to SAP standards Direct the maintenance of the company’s system of general ledger and AP accounts and keep clear records and audit trails on all the company’s transactions and assets. Accountable for compliance with generally accepted Internal Control procedures, including compliance with all company policies Coordinate and direct the preparation of the budget and financial forecasts, including analysis of variances Review and analyze general ledgers on a monthly basis and coordinate and perform the monthly, quarterly and annual closes: Maintain general ledger and subsidiary ledgers for company and subsidiaries Ensure accounting system captures data accurately and as required for reporting purposes Perform reconciliation of monthly bank statements, and quarterly review of all general ledger accounts. Ensure staff maintenance of policy manuals for accounting related functions Actuarial Oversight Oversee and prepare all data requirements for the Statement of Actuarial Opinion Coordinate and direct the Reserve & Rate information for the actuary Collaborate with team on requirements for risk pricing, coverage terms, conditions & decision purposes for routine and increasing dynamic client requirements Maintain and manage exposure and claims data in internal software Reinsurance Accounting/Administration Prepare & present data for annual reinsurance renewal Maintain all reinsurance contracts and data, including processes associated with the financial aspects of reinsurance and all reinsurance recoverables Investments and Treasury Key contact for investments and banking Interface with Investment Advisor for all investment accounting & reporting Directs treasury – cash & custodial Audit, Exams and Compliance Interface with independent auditors for all aspects of the annual audit Work with the captive manager to accomplish all required compliance filings Direct all regulatory processes, including management of captive manager for quarterly & annual required filings, premium tax filings, registrations, DOI 5yr Exam, and maintenance of the Company’s state registrations in 50 states and the District of Columbia Board of Directors and Executive Management Support Support activities of Chief Financial Officer & Executive Vice President, assisting on projects in support of established department and company objectives Prepare CEO and BOD presentations as well as final BOD Packet review Liaison with VP of UW & Member Services to update as necessary UW policies, procedures & guidelines for finance applications Collaborate with Underwriting & Member Services to ensure that premium & billing, and membership payments are accurate and timely Liaise with Claims leadership to ensure the accuracy of Claims database. Support activities of other departments through supplying data as requested, developing new systems as needed, and performing analysis upon request Payroll, Benefits, and other Administration Oversees payroll processing and reporting with payroll vendor Liaison with Vituity for benefits plan and annual enrollment and monthly administration Applications, maintenance, and primary contact for all corporate insurances including commercial package/umbrella liability, directors and officers, errors, and omissions and EPLI insurance policies Oversee all Administrative functions of the company including Member/Owner accounting Manage the building lease and associated assets

Requirements

7+ years of Statutory Accounting experience including preparation of annual and quarterly Property/Casualty Yellowbooks
Bachelor’s degree in Accounting
Advanced knowledge of financial accounting, analysis, and reporting in order to design or modify accounting systems
Understanding of statutory insurance guidelines, principles, and rules
Ability to manage, develop and educate finance professionals to perform as a team to accomplish all aspects of the Finance department
Exceptional customer relationship orientation and strong oral/written communication skills
Strong oral and written communications skills
Demonstrated ability to handle detailed work accurately and quickly, work to deadlines on multiple projects, and to work as a team member in a collaborative and participatory manner
Ability to stay organized and flexible in a work environment with multiple assignments and changing priorities
Ability to work autonomously and collaborate within a remote or hybrid work environment
Knowledge of standard office equipment and remote working tools (i.e., digital camera, phone systems, etc.)
Expertise in Windows personal computer environment and computer software skills (including internet browsers, Microsoft Excel, Word, PowerPoint, Internet, Outlook, Adobe Acrobat, etc.)
Aptitude for learning new software and systems with appropriate training
Familiarity with complex database software and systems
Proficient in medical and insurance terminology

Nice To Haves

Master’s degree in business related studies preferred
Medical professional liability background preferred

Responsibilities

Development, analysis and interpretation of finance and accounting information to appraise Executive Management of operating results including profitability, performance against plan, fiscal soundness and compliance, and internal control
Oversee the preparation, accuracy and filing as well as the final production of the statutory Annual and Quarterly statements (Yellowbook)
Manage the production of the internal financial statements for the company and subsidiaries
Maintain expertise in Statutory Accounting Principles and update any changes/modifications to SAP standards
Direct the maintenance of the company’s system of general ledger and AP accounts and keep clear records and audit trails on all the company’s transactions and assets. Accountable for compliance with generally accepted Internal Control procedures, including compliance with all company policies
Coordinate and direct the preparation of the budget and financial forecasts, including analysis of variances
Review and analyze general ledgers on a monthly basis and coordinate and perform the monthly, quarterly and annual closes:
Maintain general ledger and subsidiary ledgers for company and subsidiaries
Ensure accounting system captures data accurately and as required for reporting purposes
Perform reconciliation of monthly bank statements, and quarterly review of all general ledger accounts.
Ensure staff maintenance of policy manuals for accounting related functions
Oversee and prepare all data requirements for the Statement of Actuarial Opinion
Coordinate and direct the Reserve & Rate information for the actuary
Collaborate with team on requirements for risk pricing, coverage terms, conditions & decision purposes for routine and increasing dynamic client requirements
Maintain and manage exposure and claims data in internal software
Prepare & present data for annual reinsurance renewal
Maintain all reinsurance contracts and data, including processes associated with the financial aspects of reinsurance and all reinsurance recoverables
Key contact for investments and banking
Interface with Investment Advisor for all investment accounting & reporting
Directs treasury – cash & custodial
Interface with independent auditors for all aspects of the annual audit
Work with the captive manager to accomplish all required compliance filings
Direct all regulatory processes, including management of captive manager for quarterly & annual required filings, premium tax filings, registrations, DOI 5yr Exam, and maintenance of the Company’s state registrations in 50 states and the District of Columbia
Support activities of Chief Financial Officer & Executive Vice President, assisting on projects in support of established department and company objectives
Prepare CEO and BOD presentations as well as final BOD Packet review
Liaison with VP of UW & Member Services to update as necessary UW policies, procedures & guidelines for finance applications
Collaborate with Underwriting & Member Services to ensure that premium & billing, and membership payments are accurate and timely
Liaise with Claims leadership to ensure the accuracy of Claims database.
Support activities of other departments through supplying data as requested, developing new systems as needed, and performing analysis upon request
Oversees payroll processing and reporting with payroll vendor
Liaison with Vituity for benefits plan and annual enrollment and monthly administration
Applications, maintenance, and primary contact for all corporate insurances including commercial package/umbrella liability, directors and officers, errors, and omissions and EPLI insurance policies
Oversee all Administrative functions of the company including Member/Owner accounting
Manage the building lease and associated assets