ProSearch · 1 week ago
Vice President of Finance and Assistant Treasurer
Portland, ME
Full-time
Onsite
Director/Executive
10+ years expProSearch is excited to be leading the search for a Vice President of Finance and Assistant Treasurer for a highly respected client in the insurance and healthcare space. This high-impact leadership role is responsible for the strategic planning, direction, and oversight of financial operations across multiple entities, ensuring compliance with all financial regulations and preparing accurate financial reports.
ConsultingHuman ResourcesRecruitingStaffing Agency
Responsibilities
Responsible for the direction, coordination and evaluation of the corporate finance, financial operations, and financial accounting departments. Leads the timely and accurate preparation of all financial reporting and deliverables to the senior management including income statements, balance sheets, reports to shareholders/policyholders, tax returns, and reports for insurance and other related government regulatory agencies
Analyzes the Profit and Loss Statement on a monthly/quarterly/annual basis and reports results to senior management. Oversee the financial forecast and operational budget process for all companies within the organization
Lead Model Audit Rule oversight and ongoing policies, procedures, and oversight. Ensure the organization’s financial related metrics, documentation and reporting are conducted timely and accurately. Coordinate with CRO, as applicable for all related requirements for all of the organization
Oversees internal accounting controls, policies and procedures for all financial reporting, financial accounting, financial operations, federal, state, and premium tax reporting, and compliance
Coordinates the annual external financial audit to ensure compliance with all related statutory and GAAP accounting principles in a timely, accurate and efficient manner
Lead reinsurance accounting, reporting, analysis and key monthly, quarterly, and annual external reporting or renewal requirements. Coordinate with other members of leadership regarding reporting and strategic direction of reinsurance
Lead and oversee current and future general ledger selection, requirements, integration regarding financial reporting and appropriate statutory and GAAP related requirements for consolidation
Analyzes company operations to pinpoint opportunities and areas that need to be reorganized, downsized, or eliminated
Confers with senior management to coordinate and prioritize planning for significant infrastructure, technology, or core system implementations. Oversee proper budget to actual reporting about these key strategic projects and initiatives
Works with outside parties such as reinsurers, bankers, and investment managers to ensure effective and pertinent financial reporting of activities
Responsible for the selection, hiring, and development of corporate finance leadership
Provides strategic financial input and leadership on decision making issues affecting the entities
Studies long-range economic trends and projects company prospects for future growth in overall sales and market share, opportunities for acquisitions or expansion into new product areas. Estimates requirements for capital, land, buildings, and an increase in the work force
Supervise investment of cash and all funds; work with operating banks and/or investment managers to raise additional capital as required for expansion
Evaluates the Finance Department’s structure and team plan for continual improvement of the efficiency and effectiveness of the organization and provides individuals with professional and personal growth
Qualification
Required
Bachelor's degree in business administration, accounting, or finance or equivalent and ten or more years of related experience; or equivalent combination of education and experience
C.P.A. designation required
Ten or more years of experience in financial management with increasing responsibilities for multi-faceted direction and planning
Knowledge of database and accounting computer application systems to supply the most accurate financial information
Possess an aptitude consistent with securing information, analyzing, and making high level executive decisions affecting all Divisions/Departments of the organization
Ability to manage multiple tasks simultaneously
Ability to work in high-stress position based on full responsibility for the finances of the organization
Excellent verbal and written communication skills
Excellent analytical and organizational skills, and able to manage detailed, complex concepts and problems
Demonstrate strong leadership skills
Must be proficient in computer applications, such as Excel, Power BI, Microsoft Word, Power Point
Must be experienced in the insurance industry
Company
ProSearch
Pro-Search Inc. connects job seekers with Maine's top employers, offering staffing and recruiting services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Edward McKersie
Founder/President
Company data provided by crunchbase