Financial Reporting Manager

This role is 3 days Onsite (Tuesday, Wed & Thursday) in Providence, RI & it’s a fulltime position.

Manager of Financial reporting in Providence, RI.

Position Summary

The Finance Manager plays a critical leadership role in overseeing the Company's insurance financial operations, ensuring accuracy, compliance, and strategic alignment with organizational goals. This position is responsible for managing a high-performing accounting team, fostering professional development, and maintaining adherence to industry standards and Company values. The Finance Manager leads the preparation and analysis of financial statements, supports budgeting and forecasting efforts, and collaborates closely with the Financial Planning & Analysis (FP&A) team to deliver actionable insights across business lines and geographies.

In addition to core accounting responsibilities, the role emphasizes continuous improvement, technical expertise, and proactive risk management. The Finance Manager serves as a key liaison for internal stakeholders, resolving discrepancies, enhancing systems and procedures, and maintaining vendor relationships. A strong commitment to professional growth and staying current with emerging financial practices is essential to success in this role.

This role is especially well-suited for professionals with a strong accounting background in the insurance sector. Candidates who have worked within insurance finance teams will find their experience highly transferable, particularly in areas such as GAAP reporting, regulatory compliance, and financial analysis across complex business lines. Familiarity with insurance-specific accounting standards, budgeting cycles, and claims-related financial processes will be a distinct advantage.

The ideal candidate brings not only technical expertise but also a strategic mindset—able to interpret financial data to support operational decisions, manage vendor relationships, and contribute to continuous improvement initiatives. If you've led accounting functions in an insurance organization and are ready to apply that knowledge in a dynamic, member-focused environment, this opportunity offers a rewarding next step.

Leadership & Team Development

• Provides direct leadership to assigned team of accountants, ensuring proper staffing and training levels. Leads the team through daily operations in support of assigned business lines and Company-wide accounting operations. Provides guidance and knowledge-sharing to team for difficult or unusual tasks. Fully understands the in's and out's of the Company's accounting processes and procedures and can successfully teach new accountants as part of onboarding and growth/development.
• Focus on continuous development and building accounting and business knowledge, supporting a range of skill levels from senior to associate accountants. Proactively plans and coordinates team operations to leverage individuals' skillsets and develops subject matter experts across the team.
• Responsible for performance management including evaluations and counseling. With a full-year focus on employee development, providing regular and on-going performance feedback, coaching, training, and development to ensure high standards in all outputs in support of the business.
• Operates within the Company's mission statement, leadership values, and member interests. Will foster an environment of collaboration, teamwork, high engagement, and dedication from all employees to positively influence productivity and retention. Highlights and recognizes strong performance and output from individual contributors on a regular basis.

Financial Reporting & Analysis

• Leads the process to generate and analyze monthly financial statements for Finance management.
• Manages the process of entries to general ledger accounts and ensures compliant and timely journal entries.
• Tracks monthly accruals, monitoring for accuracy/trends, and participates in year-end closing.
• Leads the team in supporting executive management with financial reports and ad hoc analysis based on trends, business needs, or other prioritization.
• Provides written analysis of large variances and identifies trends/discrepancies, with root-cause analysis. Proposes actionable steps to correct variances/discrepancies and outlines mitigation process to reduce variances in the future.

Budgeting & Forecasting Support

• Collaborates with FP&A team and assigned business lines to optimize budgeting and forecasting.
• Identifies variances from budget, performs root-cause analysis, determines best action to correct, and informs senior management.
• Proactively anticipates business line needs and delivers relevant financial data to guide operational and strategic decisions.
• Collaborates with FP&A to ensure financial results are accurately reflected across geographies and business lines.

Compliance, Controls & Process Improvement

• Works with internal stakeholders to resolve accounting discrepancies while upholding company Five Diamond Service Standards.
• Researches complex accounting issues and ensures adherence to internal policies and external standards such as GAAP.
• Identifies procedural gaps that could lead to fraud and recommends safeguards.
• Proposes improvements to accounting systems and practices to boost efficiency and accuracy.

Professional Development & Industry Awareness

• Maintains professional and technical knowledge. Promotes a culture of learning by disseminating insights from industry developments to the broader team.
• Tracks emerging financial reporting practices and updates internal processes accordingly.
• Assesses when to use internal vs. external resources and advises leadership on cost-effective solutions.
• Evaluates and manages relationships with external service providers to support Company initiatives.

Qualifications

• Education
• Bachelor's in accounting required
• Certificates
• CPA required

Experience

• 7 years of accounting experience required
• 5 years of experience preparing financial statements
• 4 years of accounting experience supporting an insurance business
• 3 years of experience developing and implementing internal procedures and controls
• 1-3 years of direct leadership

Requirements

• Advanced familiarity with the Microsoft Office platform of products required, particularly Excel.
• Excellent mathematical skills, analytical skills and reasoning ability required, with the ability to analyze procedures and make recommendations for enhancement.
• Ability to learn new financial systems and make recommendations to improve accounting processes and procedures.
• Ability to develop various models to analyze the cost / benefit of entering into a new business venture.
• Demonstrated customer service attitude required, with ability to build effective relationships with senior and staff accountants, along with all levels of senior management.
• Drive and persistence to handle technical accounting issues in a fast-paced/deadline-oriented environment.