This job has closed.

Phaxis · 4 months ago

AVP Financial Reporting

NY, NY

Full-time

Onsite

Senior Level

$136K/yr - $176K/yr

Phaxis is a confidential company seeking an AVP Financial Reporting to lead the Statutory and GAAP financial reporting processes. The role involves ensuring the accurate preparation of financial statements, overseeing reporting processes, and collaborating with internal departments for regulatory submissions.

DeliveryHuman ResourcesStaffing Agency

Responsibilities

Lead the Statutory and GAAP financial reporting processes, ensuring the accurate and timely preparation of financial statements and related reports in compliance with regulatory requirements (e.g., NAIC, FASB)

Oversee the Supplemental Health Care (ACA/HIOS) reporting process, ensuring timely and accurate filings

Collaborate with internal departments to support prompt regulatory submissions

Compile the audited financial reports on both a Statutory and GAAP basis

Prepare reports for management, insurance departments, vendors, and other financial exhibits

Prepare ad hoc investment reports as requested by company management or the parent company

Compile Management and AM Best reports on a quarterly and annual basis

Review daily investment holding &,cash transactions to support the cash segmentation process

Support quarterly closings and the preparation of financial statements in accordance with both Statutory and GAAP requirements

Prepare and review GAAP, Statutory and tax annual exhibits to ensure accuracy and compliance

Qualification

Financial ReportingGAAP ComplianceStatutory ReportingInvestment AccountingCollaboration

Required