Job Details
Description
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 Salary band $130,000.00 plus 10% BONUS
SCHEDULE: HYBRID- 3 DAYS IN OFFICE/ 2 DAYS FROM HOME