Assistant Corporate Controller

Point32Health

$213K — $320K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • CPA preferred, with strong knowledge of GAAP and NAIC SSAP principles
  • BS in Finance or Accounting required, MBA or MSA preferred
  • 15+ years of financial leadership experience in managed care or insurance
  • At least 5 years of public accounting experience
  • Experience implementing new accounting guidance and technical accounting research

Responsibilities

  • Manage month-end and quarter-end close processes for multiple health plans
  • Ensure timely publication of financial statements and operational variance reports
  • Establish and maintain technical accounting policies for compliance
  • Prepare special reports by analyzing financial information
  • Facilitate internal and external year-end audit processes
  • Oversee timely completion of NAIC statutory statements
  • Manage preparation and delivery of draft audited financial statements

Benefits

  • Medical, dental and vision coverage
  • Retirement plans
  • Paid time off
  • Employer-paid life and disability insurance with buy-up options
  • Tuition reimbursement program
  • Well-being benefits
  • Comprehensive support for career development and financial health
Full Job Description
Job Summary
This position reports directly to the Vice President and Corporate Controller of Finance and will be responsible for managing and overseeing the monthly close cycle, internal and external financial reporting (GAAP/NAIC SSAP),financial regulatory compliance and filings, Federal and State tax, audit coordination, internal controls over financial reporting and technical accounting policy development

Job Description

Key Responsibilities/Duties - what you will be doing (top five)
  • Manage the month-end and quarter-end close processes and related accounting staff for multiple health plans and insurance companies
  • Work with Controller to ensure the timely publication of the monthly financial statements, including consolidated and segment results, and report on operations variances to the annual plan and reforecasts
  • Works with Corporate Controller and CAO in establishing and maintaining technical accounting policies and related documentation to ensure compliance with U.S. GAAP and NAIC SSAP and reporting requirements (including Model Audit Rule)
  • Prepares special reports, as needed, by collecting, analyzing, and summarizing information and trends.
  • Helps to facilitate internal and annual external year-end audit process with the external auditors
  • Oversee the timely completion and filing of NAIC statutory statements on a quarterly and annual basis for all regulated legal entities
  • Manages the timely preparation and delivery of draft audited financial statements with associated footnotes to external auditors to meet year-end reporting requirements
  • Oversee the preparation of all tax filings on a monthly, quarterly, and annual basis.
  • Perform other duties & projects as assigned including supporting diversified business
  • Other duties and projects as assigned.

Qualifications - what you need to perform the job

Certification and Licensure
  • CPA Preferred

Education
  • Required (minimum): BS in Finance or Accounting
  • Preferred MBA or MSA

Experience
  • Required (minimum): 15+ years of progressively responsible financial leadership experience for a major managed care or insurance company or division of a large managed care or insurance corporation
  • At least 5 years of public accounting experience
  • Strong knowledge of GAAP and NAIC SSAP principles including consolidation and equity method accounting
  • Experience in implementing new accounting pronouncements and guidance and technical accounting research
  • Proven track record of adding value to company financial processes and capabilities (e.g. enhancing the timeliness, accuracy and relevance of financial information, etc.)

Skill Requirements
  • Experience with administering accounting/general ledger applications
  • Experience managing large teams
  • Demonstrated ability to form, lead and develop high performing teams
  • Ability to work collaboratively across departmental function
  • Ability to work independently and in collaboration with others
  • Self-motivated and detail-oriented
  • Ability to multitask while maintaining high attention to detail and accuracy
  • Excellent communication skills, both oral and written
  • Flexible team player with the highest integrity and ethical standards
  • May require travel, as needed, for partnership and customer meetings

Working Conditions and Additional Requirements (include special requirements, e.g., lifting, travel):
  • Must be able to work under normal office conditions and work from home as required.
  • Work may require simultaneous use of a telephone/headset and PC/keyboard and sitting for extended durations.
  • May be required to work additional hours beyond standard work schedule.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Management retains the discretion to add to or change the duties of the position at any time.

Salary Range
$213,605.60 -$320,408.40

Compensation & Total Rewards Overview

The annual base salary range provided for this position represents a range of salaries for this role and similar roles across the organization. The actual salary for this position will be determined by several factors, including the scope and complexity of the role; the skills, education, training, credentials, and experience of the candidate; as well as internal equity. As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company's sole discretion and may be modified at the Company's sole discretion, consistent with the law.

Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes:
  • Medical, dental and vision coverage
  • Retirement plans
  • Paid time off
  • Employer-paid life and disability insurance with additional buy-up coverage options
  • Tuition program
  • Well-being benefits
  • Full suite of benefits to support career development, individual & family health, and financial health

For more details on our total rewards programs, visit https://www.point32health.org/careers/benefits/

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