Director of Accounting

1 week ago

Princeton, New Jersey, United States Coface North America Insurance Full time
Job Details

Job Location
New Jersey - Princeton, NJ

Remote Type
Hybrid

Description

WHO WE ARE

In an era of rapid change, determining the creditworthiness of customers can be tricky. For companies selling internationally, distinguishing a good customer from a potentially bad one is even more difficult. At Coface, our credit information services are designed to help businesses make wise lending decisions. Our credit information services are designed to help businesses make wise credit decisions, no matter where they trade.

A modern and agile company with the most finely meshed international network, Coface is a reference in credit insurance and risk management. With over 70 years of experience as an industry leader, and a team of 4,100 experts in over 65 countries, serving around 50,000 companies, Coface experts work to the beat of the global economy. It's our ambition to become the most agile, global business information partner in the industry. We believe in business as a force for good in the world.

THE JOB

The Director of Accounting will build and maintain business unit accounting policies, practices and standards to meet local regulatory and GROUP requirements. They will direct recording, consolidation, arrangement, reporting and preservation of all financial data and provide accounting consultation, assistance and service to leaders and other internal customers.

Key Tasks and Responsibilities
  • Directs the accounting, preparation, analysis and filing of financial statements, data and exhibits and other reports for internal and external sources which includes local regulator as well as GROUP reporting
  • Reviews, advises, counsels and participates actively on new systems developments and other related matters to ensure accuracy of all financial data
  • Manages special projects/assignments as advised by senior management
  • Provides advice, counsel and assistance on accounting policies and practices
  • Responds to applicable inquiries from state insurance departments, internal and external auditors and other regulatory agencies. Provides financial information to various nationwide offices to be used in the support of other filing, analysis and reporting requirements
  • Directs the preparation of special reports, analyses and financials as requested by management and external agencies
  • Directs associate management, including performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement and disciplinary actions
  • Reports to Regional CFO
  • Manages a total team of 10 with 3 direct reports
Qualifications

THE CANDIDATE

The ideal candidate will have the ability to analyze and solve investment accounting problems, interpret financial documents and data, analyze legal requirements, examine and monitor investment accounting cycles and flows, and review general ledger entries and audit work papers and schedules. They will lead associates in all aspects of assigned investment accounting record maintenance, financial statement preparation, and special projects.

Key Skills & Qualifications
  • BA in accounting or finance
  • CPA, Masters or MBA, or equivalent preferred
  • 10 years of accounting experience in insurance or financial services industry
  • At least 5 years of management experience
  • Advanced verbal and written communication skills for contact with all levels of associates; business unit leadership, public accountants, state examiners, industry professionals and other clients
  • Local accounting, tax and systems principles
  • IFRS 17 accounting rules
  • Insurance regulatory requirements
  • Insurance accounting principles, practices and procedures
  • Management policies, practices and procedures
Location: Remote, USA (Preference in Princeton, NJ or Hunt Valley, MD) but open for the right candidate. Those local to one of our offices would be hybrid; 2 days onsite, 3 days remote.

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