Interim Financial Controller

Financial Corporate Controller

Location: Irving, TX. (onsite)
Contract Duration: 3 months + (possible contract to hire)
Rate: $60 – 75 per hour

Jefferson Wells is seeking an experienced and detail-oriented Financial Corporate Controller to join our team for a contractual period of 3 months or longer, with a possibility to become a contract to hire role. The Controller will be part of the Accounting and Finance group, reporting directly to the CFO, and will be responsible for all compliance related to the accounting and finance function. The Controller must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while successfully managing the accounting staff and relationships with our partners and customers. As primary stakeholder of the financial systems, the Controller will ensure that technology is leveraged effectively to meet the organization’s financial reporting needs.

Responsibilities
 

• Internal Controls - Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting.  Design and implementation of processes and internal controls.

• Amortization - Service Contract and Provider revenue and expenses must be amortized monthly with cancellation logic and annual inception to date of all in force contracts.
• Forecasting - Generate five-year financial forecast based on sale projections and amortization schedules. 
• Budgets - Work with CFO & individual departments to prepare budgets and consolidate them into one overall corporate budget.  Compare historical results against budgets and forecasts, performing variance analysis to explain differences in performance and make improvements going forward.

• Asset Protection - Assure protection for the assets of the business through internal control, internal auditing, and ensuring proper reserve coverage.
• Understanding process and financial reporting related to inventory.
• Expense Management - Monitor and communicate expenses and costs to facilitate continuous operational improvements.

• Effectively lead all finance and accounting team members and provide guidance & mentoring.
• General Ledger - Manage and approve ALL general ledger entries for monthly financial statements.  General ledger implementation and ongoing management.

• Month End Close - Oversee month-end close process and financial statement preparation.  Coordinate monthly and annual close, including preparation of balance sheet, income statement (actual vs actual and actual vs budget), and related variance analysis.  Oversee monthly review of accounts receivable and company payable subsidiary ledgers, including collections and reconciliation to general ledger.

• Financial Statements - Ensure accurate and timely processing of all financials monthly which include GAAP and Modified Cash Financials.  Report financial status by developing forecasts, reporting results, analyzing variances, and identifying improvements.
• Payroll - Support Payroll in biweekly payroll approvals and ensure that we are meeting all compliance needs. 

• Tax - Manage the company’s income tax and other tax compliance requirements, ensuring accurate and timely filings/returns. 

• Audits - Manage audit activities and audit compliance.  Liaison for internal and external audits.

• Allocations - Settlement of and accounting for all corporate overheads, including rent and other office costs, T&E, legal, insurance, regulatory, and other costs.
• Banking - Management of all bank accounts and ensure their reported balances are correct.

• Develop and monitor business and sales performance and financial metrics utilizing tools such as Power BI.
• Special projects as assigned.
• Managing financial compliance/regulatory reporting

• 5 + years in an Insurance Industry
• BS and MS in Accounting Required

• CPA required.
• At least 10 years of experience ideally gained through increasingly responsible management positions within Accounting or Finance in an insurance or property & causality environment

• 5+ years in mid-level management and up leadership roles

• A demonstrated working knowledge of manual and automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage accounting operations and applications.
• Superior verbal and written communication skills and the ability to effectively deliver and reinforce consistent messages at all levels.

• Experience with group accounting and consolidations
• Familiarity with insurance reserving and ultimate loss estimation techniques (required)
• Familiarity with insurance regulatory compliance as it relates to Finance, especially risk adjusted solvency and liquidity requirements (required)

• Advanced proficiency in Power BI, Power Pivot, and Microsoft Suites; particularly Excel (pivot tables, VLOOKUP, ERP retrieve tools, etc.)
• NetSuite system experience required.

What’s in it for you:
- Hourly rate of $60 to $75 an hour with Direct Deposit
- Full-time with full Medical, Dental, Vision and 401K Benefits

Jefferson Wells (www.jeffersonwells.com) is a professional services firm delivering solutions in Finance & Accounting, Internal Audit, Risk & Compliance, and Tax. Our people leverage their extensive industry & technical experience to deliver practical and actionable solutions.  We serve clients, including Fortune 500 and Global 1000 companies, from offices worldwide leveraging the workforce capabilities of the ManpowerGroup. Jefferson Wells is an Equal Opportunity Employer.