Financial Controller Insurance Professional

4 days ago


Cedar Rapids, Iowa, United States TEPHRA Full time
{"Job Title": "Insurance Financial Controller", "Job Description": "Job Summary

Tephra is seeking a highly skilled Insurance Financial Controller to join our team. As a key member of our finance department, you will be responsible for overseeing the company's financial reporting functions, ensuring compliance with financial regulations, and providing leadership in the implementation of new accounting standards.

Key Responsibilities
  • Identify and assess business risks, and the impact of new or changes to regulatory, audit, and financial accounting laws, particularly in the insurance industry.
  • Oversee the company's financial reporting functions for both IFRS and US Statutory, including treasury, controlling, and cash management, accounts receivable, accounts payable, bank reconciliations, reinsurance accounting, and reporting.
  • Ensure compliance with financial regulations and standards, such as Sarbanes-Oxley, SOC, OFAC, IRA Tax Code, GAAP, and IFRS.
  • Provide leadership in the implementation of new accounting standards, such as IFRS17 and IFRS9.
  • Coordinate information required by internal and external auditors, and regulators.
  • Ensure maintenance of accurate financial files and records, and implement record controls over electronic and paper records.
  • Interact directly with client executives and regulators.
  • Take an active role in the company's financial planning process.
Qualifications
  • Minimum of 10 years of finance and/or accounting experience, including a minimum of 5 years in a leadership role.
  • 5+ years in the Life Insurance industry.
  • A Certified Public Accountant (CPA) with strong knowledge of GAAP and STAT principles, Insurance Treasury and Tax, Cash Management, and other normal insurance fiscal activities.
  • MBA is preferred.
", "Company": "Tephra"}

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