Director, Financial Accounting & Reporting

VSP Vision Care•Town of Owego, NY

22h•$105,000 - $165,375

About The Position

Leads the accounting, financial reporting, and financial analysis functions and other analyses for assigned LOB. Supports projects and other strategic initiatives across assigned LOB entities, both domestic and internationally, including acquisitions and joint ventures. Works closely with the executive team in Global Accounting, Financial Budget & Controlling, Risk and Compliance. Responsible for following applicable accounting and reporting guidance, and government and industry regulatory requirements that can withstand scrutiny and challenge. This includes ensuring policies and procedures are followed, specifically to the NAIC’s Model Audit Rule (MAR), including financial analysis, review of monthly, quarterly, and annual reporting Directs the preparation and review of financial statements for assigned LOB Acts as the key point of contact for assigned LOB companies with all Finance teams and ensures timely, accurate reporting of accounting and analysis results Develops innovative ideas and strategies to streamline reporting and disseminates information while considering both external factors (e.g., market, financial, industry) and internal factors (e.g., financial strategies and processes) Monitors both financial and control risks for assigned LOB companies as it relates to reporting, and communicates results with external parties, including but not limited to external auditors, internal auditors, and regulators Works directly with internal and external auditors to review, evaluate, and implement controls in processes and systems specific to assigned LOB Reviews entries to the general ledger to ensure accuracy and compliance with established accounting principles and procedures Monitors and implements internal controls and new accounting guidance to ensure proper compliance and protection of the company’s interests Works cross-functionally to assist in the preparation of financial forecasts and budgets for the development of strategic business plans for the company Recommends and implements changes in financial policies and procedures that serve the company’s needs and provide continuous quality improvements Monitors performance of direct reports; provides prompt and objective coaching and counseling; conducts performance reviews; approves performance appraisals initiated by direct reports; and recommends salary increases Assures effective communications are maintained within areas of responsibility; where appropriate, informs employees as to plans and progress; conducts employee discussion sessions at regular and frequent intervals Prioritizes, assigns, and distributes work of the department personnel to ensure responsibility is at the appropriate level and team member skills are developed to support the department’s business needs Monitors unit turnover, productivity, and overall performance to ensure adequate staffing and performance that meets department standards Participates in the interviewing and hiring process for open positions within the department to ensure the most qualified candidates are selected Develops the unit budget, monitors expenses to ensure unit costs are within established levels This position will support the Accounting & Financial Reporting for several business areas, including Optics, Plexus, Eyefinity, Eyeconic, and Onsite Clinics.

Requirements

Bachelor’s degree in related field or equivalent experience
Minimum of 2 additional years of experience related to functional area
Minimum of 6 years of management experience with responsibilities for hiring, training, assigning work, and managing the performance of direct reports
Strong interpersonal skills required in dealing effectively with business partners, staff, outside auditors, and vendors
Demonstrated experience in working with and influencing senior management
Excellent project management skills and experience managing multiple large projects required
In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and the NAIC’s Model Audit Rule (MAR)
Superior analytical skills
Proven track record of influencing constituents for optimal results
Excellent organizational skills, detail-oriented, and ability to multitask
Ability to elevate the perception of our corporate brand and our company
Flexible and able to quickly and effectively change priorities and direction
Excellent verbal and written communication skills
Excellent organizational and planning skills
Clean credit history as reported by credit report

Responsibilities

Leads the accounting, financial reporting, and financial analysis functions and other analyses for assigned LOB.
Supports projects and other strategic initiatives across assigned LOB entities, both domestic and internationally, including acquisitions and joint ventures.
Works closely with the executive team in Global Accounting, Financial Budget & Controlling, Risk and Compliance.
Responsible for following applicable accounting and reporting guidance, and government and industry regulatory requirements that can withstand scrutiny and challenge.
Directs the preparation and review of financial statements for assigned LOB
Acts as the key point of contact for assigned LOB companies with all Finance teams and ensures timely, accurate reporting of accounting and analysis results
Develops innovative ideas and strategies to streamline reporting and disseminates information while considering both external factors (e.g., market, financial, industry) and internal factors (e.g., financial strategies and processes)
Monitors both financial and control risks for assigned LOB companies as it relates to reporting, and communicates results with external parties, including but not limited to external auditors, internal auditors, and regulators
Works directly with internal and external auditors to review, evaluate, and implement controls in processes and systems specific to assigned LOB
Reviews entries to the general ledger to ensure accuracy and compliance with established accounting principles and procedures
Monitors and implements internal controls and new accounting guidance to ensure proper compliance and protection of the company’s interests
Works cross-functionally to assist in the preparation of financial forecasts and budgets for the development of strategic business plans for the company
Recommends and implements changes in financial policies and procedures that serve the company’s needs and provide continuous quality improvements
Monitors performance of direct reports; provides prompt and objective coaching and counseling; conducts performance reviews; approves performance appraisals initiated by direct reports; and recommends salary increases
Assures effective communications are maintained within areas of responsibility; where appropriate, informs employees as to plans and progress; conducts employee discussion sessions at regular and frequent intervals
Prioritizes, assigns, and distributes work of the department personnel to ensure responsibility is at the appropriate level and team member skills are developed to support the department’s business needs
Monitors unit turnover, productivity, and overall performance to ensure adequate staffing and performance that meets department standards
Participates in the interviewing and hiring process for open positions within the department to ensure the most qualified candidates are selected
Develops the unit budget, monitors expenses to ensure unit costs are within established levels