What are the responsibilities and job description for the Receivership Accounting Manager / Deputy Controller position at OKLAHOMA RECEIVERSHIP OFFICE INC?
Job Summary
Supports the Senior Receivership Controller and carries substantial responsibility for preparation, execution, and analytical accounting work across estate accounting and the ORO / ORIF close environment. Written as a deputy controller / emerging controller role.
Essential Functions
- Own detailed estate accounting preparation, including complex reconciliations, schedules, workpapers, and support packages used in reporting, distributions accounting, and audit/tax support.
- Own controlled execution of estate financial processes, including analytical accounting and support for estate-level reporting cycles.
- Own ORO / ORIF close-cycle support, including preparation of schedules, allocation support, workpaper development, and analytical support under direction of the Senior Receivership Controller.
- Provide financial analysis and accounting support related to reinsurance, recovery schedules, distributions, and other high-complexity accounting workflows.
- Provide takeover accounting support, including account transfer work, record cleanup, reconciliation of inherited balances, and establishment of orderly accounting processes during commencement and stabilization.
- Maintain organized workpapers, support folders, and reconciliation evidence for internal and external review.
- Assist with tax and audit deliverables, year-end support, and specialized financial analysis as assigned.
- Support development of repeatable accounting procedures and improved close discipline.
Knowledge/Skills/Abilities
Strong accounting, reconciliation, analytical, Excel, workpaper, and documentation skills; ability to manage multi-entity deadlines and support sophisticated financial reporting in a regulated setting.
Minimum Qualifications
Education: Bachelor’s degree in Accounting, Finance, or related field.
Experience: Demonstrated experience in Statutory Accounting Practice required, preferably in an insurance carrier, receivership, runoff, or other regulated financial environment. Meaningful experience performing accounting work in multi-entity, regulated, legal-financial, insurance, or similarly complex environments required.
Preferred: Experience with investment accounting, allocations, audits/tax folders, estate or insolvency accounting, and advanced Excel modeling.
Licenses/certs (if any): CPA candidacy or equivalent professional development may be preferred but not required.
Supervisory Responsibilities
May direct junior accounting support or coordinate workflow of assigned support staff; generally operates as lead preparer/reviewer beneath Controller authority.
Working Conditions
Office environment with deadline-driven close work, high-volume reconciliations, and detailed document review; periodic extended hours during closing, audit, tax, or takeover periods.
Performance Measures (examples)
Timeliness and accuracy of reconciliations and workpapers; support quality for close cycles and financial reporting; audit preparedness; quality of analytical support; effectiveness of takeover accounting support.
Pay: $85,000.00 - $92,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Travel reimbursement
- Tuition reimbursement
- Vision insurance
Experience:
- Statutory Accounting Principles: 5 years (Preferred)
- Work Location: In person
Salary : $85,000 - $92,000