SVP/Controller

Arch Capital Group•Hartford, CT

About The Position

The Controller is a senior finance leader within the Arch Insurance North America (AINA) group, responsible for the integrity, accuracy, and timeliness of accounting and financial reporting. The role leads the accounting organization, maintains a strong financial control environment, ensures compliance with accounting and regulatory requirements, and partners with Finance and business leaders to translate complex transactions and developments into appropriate accounting and reporting outcomes. The position oversees financial close, general ledger activities, reconciliations, journal entries, financial statement preparation, and expense activities. It is responsible for GAAP financial statements and management reporting, audited financial statements and external audit coordination, annual planning and reforecasts, and support for corporate close and SEC filings. The Controller also leads technical accounting work, internal controls and governance, merger and acquisition analysis and integration, talent development, and finance transformation initiatives. The successful candidate combines strong technical accounting expertise with disciplined execution, sound judgment, executive communication skills, and the ability to develop high-performing teams and scalable processes.

Requirements

Bachelor’s degree in Accounting, Finance, or a related discipline.
Significant progressive accounting and financial reporting experience, including leadership experience in a complex organization.
Strong knowledge of U.S. GAAP and financial reporting requirements.
Experience leading financial close, external audit, internal controls, and technical accounting activities.
Demonstrated ability to evaluate complex accounting matters and communicate conclusions to executive audiences.
Experience leading and developing accounting professionals.
Strong analytical, organizational, and problem-solving skills.

Nice To Haves

CPA strongly preferred.
Substantial experience with insurance accounting and statutory accounting principles is strongly preferred.

Responsibilities

Lead monthly, quarterly, and annual financial close processes to ensure accurate and timely reporting.
Maintain accounting policies, procedures, governance, and clear ownership and accountability throughout the close process.
Oversee general ledger activities, account reconciliations, journal entries, financial statement preparation, and analysis of financial statement line items.
Oversee the AINA expense team and expense allocations, and support AINA’s relationship with ACS Treasury and Accounts Payable.
Drive continuous improvement, standardization, and automation of accounting processes.
Oversee preparation and review of GAAP financial statements, North America MD&A, Worldwide Insurance Segment P&L/MD&A, and other support for ACGL close and SEC filings.
Oversee preparation of AUI, First Shield, and other audited financial statements, including footnote disclosures and external audit coordination.
Oversee annual planning, periodic reforecasts, and analysis of performance against plan and reforecast.
Review materials presented to the Boards of Directors of ACGL and Arch Insurance Group.
Ensure implementation of new accounting standards and regulatory requirements.
Partner with Arch Capital Services and other functions and segments to ensure consistency and accuracy in financial reporting.
Lead complex accounting matters, including insurance and reinsurance transactions, investments, acquisitions and dispositions, and other significant or non-routine transactions.
Develop and maintain accounting policies, procedures, and technical memoranda; develop supported accounting conclusions and communicate their implications.
Monitor emerging accounting developments and assess their potential impact on the organization.
Maintain and continuously improve internal controls over financial reporting, including the design, documentation, and execution of key controls.
Partner with Internal Audit, SOX, Risk, Compliance, and other control functions to address issues and strengthen financial governance.
Promote accountability, integrity, and financial discipline, and work with ERM on business continuity and disaster recovery processes and documentation.
Analyze potential mergers and acquisitions, including due diligence, modeling, accounting policies, and proposed integration plans.
Oversee acquisition integration and work with ACS financial reporting and tax on opening balance sheets and related journal entries.
Lead, develop, and retain a high-performing accounting organization; set objectives and accountability and strengthen technical capabilities and succession plans.
Foster collaboration across Finance and with business partners.
Identify opportunities to simplify and automate accounting and reporting, strengthen data quality and financial systems, and support Finance transformation while maintaining controls.
Develop meaningful metrics for close performance, reporting quality, controls, and operational effectiveness.