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Vice President, Controller
$225k-313k (estimate)
Full Time | Insurance 2 Weeks Ago
Save

Pharmacists Mutual Insurance Company is Hiring a Vice President, Controller Near Minneapolis, MN

Pharmacists Mutual has an opening for VP, Controller. The VP, Controller will be responsible for financial reporting including monthly and quarterly financial statements, corporate accounting policies, technical SAP (statutory accounting principles) and GAAP (generally accepted accounting principles) research and analysis, and external audit oversight.

Essential Functions

Essential functions may include, but are not limited to the following:

  • Manages month-end financial statement preparation processes, ensuring accuracy and consistency with company policies.
  • Responsible for quarterly and annual regulatory financial filings.
  • Oversees the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
  • Guides financial decisions by establishing, monitoring, and enforcing policies and procedures.
  • Coordinates with external auditors throughout annual audit processes.
  • Manages the production of annual budgets and forecasts, while simultaneously recommending financial and operating plans.
  • Achieves budget objectives by scheduling expenditures, analyzing variances, and suggesting corrective actions.
  • Complies with local, state, and federal government reporting requirements and tax filings.
  • Provides status of financial condition by collecting, interpreting, and reporting financial data.
  • Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional societies.

Knowledge, Skills and Abilities

  • Thorough knowledge of insurance accounting principles and practices, and general knowledge of GAAP accounting.
  • Knowledge of insurance taxation.
  • Excellent financial analysis and technical accounting capabilities.
  • Develop and manage company and department budgets.
  • Ability to communicate complex financial issues in simple, understandable terms.
  • Thorough knowledge of employee management principles including supervision, training, and performance evaluation.
  • Strong executive presence to be able to present analyses and recommendations in a clear and compelling manner to both technical and non-technical audiences, including executive management.
  • Strong analytical skills, with high degree of organization and attention to detail.
  • Ability to manage and improve processes.
  • Ability to use initiative and apply innovative thinking while effectively managing the team, including setting priorities, objectives and goals.
  • Establish and maintain effective working relationships and communication with executive management.
  • Ability to work independently to make critical decisions and analyze complex issues.
  • Ability to interpret and apply laws, rules and regulations in consultation with Legal Counsel.
  • Obtain and utilize sensitive information discreetly and objectively.
  • Read, interpret, and input data efficiently and accurately.
  • Determine when to escalate concerns to executive management.
  • Ability to set priorities, meet deadlines and manage diverse projects simultaneously.
  • Exceptional oral and written presentation skills.
  • Utilize computer and related software effectively.
  • Correct English usage, spelling, grammar, vocabulary and punctuation.

Experience and Education Qualifications

  • Bachelor’s Degree, and 10 years of related experience with at least 5 years in leadership; or
  • Master's Degree, and 8 years of experience with at least 3 years in leadership

Preferred Qualifications

  • Experience in the insurance industry
  • Professional accounting designation (CPA, CMA, CIA or equivalent)
  • MBA or Master’s Degree in Finance or Accounting
  • AIAF(Associate in Insurance Accounting and Finance) Designation

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$225k-313k (estimate)

POST DATE

04/11/2024

EXPIRATION DATE

06/10/2024

WEBSITE

pharmacistsmutual.com

HEADQUARTERS

Algona, IA

SIZE

<25

INDUSTRY

Insurance

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