Armed Forces Benefit Association · 3 months ago
Assistant Controller - 5Star Life Insurance Company
Armed Forces Benefit Association (AFBA) is dedicated to providing benefits tailored to the needs of military members and first responders. They are seeking a highly skilled Life Insurance CPA to join their Finance and Accounting team as an Assistant Controller, responsible for ensuring compliance and accuracy across financial and regulatory reporting requirements.
GovernmentInsuranceMilitary
Responsibilities
Lead the monthly and quarterly accounting close process (GAAP & SAP), ensuring timely and accurate reporting
Implement and maintain compliance with new accounting standards and regulatory updates
Analyze financial fluctuations and identify key drivers
Develop and manage short-term liquidity forecasts to optimize cash flow and investment opportunities
Ensure consistency and accuracy in SAP & GAAP reporting schedules and footnote disclosures
Oversee financial audits, collaborating with external auditors and internal teams
Identify and implement process improvements to enhance efficiency and accuracy
Strengthen internal controls and support policy development with the Controller
Participate in special projects and ad-hoc financial analysis
Qualification
Required
Bachelor's degree in Accounting
CPA certification
10+ years of progressive experience in Life & Health Insurance accounting and financial reporting (SAP & GAAP)
Proven leadership experience in supervising and developing accounting staff
Deep understanding of SAP and GAAP insurance accounting principles, Blue Book, and audited financial statements
Advanced Excel skills (VLOOKUP, Pivot Tables, SUMIF)
Strong analytical and problem-solving abilities
Excellent communication and interpersonal skills
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Preferred
Experience with INFOR General Ledger and Prophix reporting tools
Benefits
Health insurance (medical, dental, and vision)
Flexible spending accounts (medical and dependent care)
401k plan with generous employer match
Paid time off
Paid holidays (12)
Life insurance
Short- and long-term disability insurance
Employee assistance program
Professional development & tuition reimbursement
Career growth opportunities
On-site gym and locker rooms (Alexandria, VA office only)
Friendly, collaborative culture
Company
Armed Forces Benefit Association
Armed Forces Benefit Association works for the insurance welfare of military, government and homeland security members.
Funding
Current Stage
Growth StageRecent News
2025-08-13
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