Director of Finance Transformation
About The Position
The Director, Finance Transformation will be a visible role in the Finance/Accounting organization, assisting the VP, Head of Finance Transformation in driving modernization of financial processes and reporting, with a focus on efficiency, accuracy, and alignment across business needs and objectives. This role will identify and address areas for improvements across cross-departmental teams by leading the design, testing, and implementation of improved data reporting and automation across various finance functions, facilitating elevated management and stakeholder reporting and decision making, accelerated month-end close procedures, and improved reporting across internal and external parties. The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Requirements
- Bachelor's degree (Accounting, Statistics, Finance) or equivalent
- 10 years' experience in the insurance industry required, with expertise in financial statements and a deep understanding of business strategy and industry economics.
- Proven abilities to identify and suggest management improvements in financial reporting processes required
- Analytical and problem-solving abilities across a multi-line, geographically diverse organization strongly preferred
Nice To Haves
- Experience with Oracle suite of applications (i.e. EBusiness Suite, OBIEE/OAC, Apex) preferred, but not required
- Experience with diverse transactional and financial ledgers systems preferred
Responsibilities
- Utilize industry experience to identify areas of "best practice" improvements, and oversee the development and delivery of transformation strategies addressing these findings
- Collaborate with Finance & Accounting, IT, and other business resources across the organization to align transformation strategies, and oversee the design and production of automation opportunities that impact the financial close and reporting process
- Develop, and ultimately exploit, a deep understanding of data flow between transactional systems, Oracle financial systems, and financial reporting across various applicable guidance (i.e. GAAP, NAIC Statutory, IFRS) to enhance financial reporting capabilities and data-driven decision-making.
- Develop detailed charts, dashboards, automated reports and presentations related to KPI's and project results
- Perform quantitative and statistical analyses
- Manage the human capital aspect of Finance Transformation, including developing or sourcing available upskilling and reskilling educational resources as needed
- Respond promptly to ad-hoc reporting requests
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What This Job Offers
Job Type
Full-time
Career Level
Director
Industry
Insurance Carriers and Related Activities
Number of Employees
501-1,000 employees
