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Director - Finance (Accounting Policy)
Nassau Hartford, CT
$171k-227k (estimate)
Full Time 3 Weeks Ago
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Nassau is Hiring a Director - Finance (Accounting Policy) Near Hartford, CT

Job Summary

As a key member of the accounting policy team, the Director of Finance’s responsibilities include researching, maintaining, and communicating accounting policies, thus serving as a technical accounting and research specialist for Nassau. This individual will monitor and communicate new accounting standards and assist in the practical application and implementation of these new accounting standards.

Principal Duties and Responsibilities

  • Monitor, evaluate and communicate the effects of pending and newly issued pronouncements, rulings, and accounting standard changes, making recommendations as appropriate.
  • Manage process to update the organization of upcoming and recent accounting policies.
  • Research US GAAP and statutory accounting pronouncements and assess impact on company.
  • Assist in the implementation of new accounting standards and development of relevant accounting policies.
  • Act as liaison with third-party consultants.
  • Provide technical guidance in the development of new products and complex business transactions including reinsurance, mergers and acquisitions, and tax.
  • Research and analyze proposed and/or completed transactions, and author technical accounting memoranda documenting those transactions.
  • Prepare accounting policy documentation on a timely basis.
  • Establish and maintain strong, collaborative relationships with finance partners and others within the organization to understand the business and provide ongoing guidance on new business initiatives.
  • Assist in review of financial statements and reports prepared by Corporate Accounting.
  • Maintain appropriate internal controls over accounting policy processes.
  • Provide support to internal and external auditors and respond to their requests in a timely manner.
  • Perform other duties as assigned.

Knowledge, Skills and Abilities

  • Bachelor’s in Accounting, or related required
  • Professional accounting designation, CPA required
  • 5-7 years accounting experience (“big four” public accounting experience a plus)
  • In-depth understanding of accounting and financial reporting concepts within the insurance and financial services industry (SEC experience preferred).
  • Ability to read, integrate and summarize technical accounting standards.
  • Demonstrated accounting research experience.
  • High aptitude for complex problem-solving in technical accounting topics.
  • Excellent verbal and written communication skills.
  • Strong project management skills and high standard for quality and attention to detail.
  • Ability to manage multiple high visibility, time sensitive projects at once.

Special Working Conditions:

  • Extended working hours during financial close cycles and as business needs dictate

Compensation

Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The compensation for this position falls within Nassau’s salary band E: $100-$130,000. 

Visit our Careers page and apply online at http://www.nfg.com/.

Based in Hartford, CT, Nassau Financial Group is a growth focused and digitally enabled financial services company with three distinct and closely connected businesses: insurance, reinsurance, and asset management. Nassau was founded in 2015 and has grown to $1.5 billion in total adjusted capital and $23.7 billion in assets under management.

As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.

Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Job Summary

JOB TYPE

Full Time

SALARY

$171k-227k (estimate)

POST DATE

04/06/2024

EXPIRATION DATE

06/04/2024

WEBSITE

nassau-ws.com

HEADQUARTERS

Oceanside, NY

SIZE

<25

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The following is the career advancement route for Director - Finance (Accounting Policy) positions, which can be used as a reference in future career path planning. As a Director - Finance (Accounting Policy), it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director - Finance (Accounting Policy). You can explore the career advancement for a Director - Finance (Accounting Policy) below and select your interested title to get hiring information.

If you are interested in becoming a Director Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director Finance for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director Finance jobs

Strategic and analytical skills.

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Outstanding communication and interpersonal abilities.

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Excellent organizational and leadership skills.

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Keep communication open and honest.

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Expand critical thinking skills.

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Step 3: View the best colleges and universities for Director Finance.

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