The Travelers Companies, Inc

Director, Finance and Accounting Operations

The Travelers Companies, Inc • $114K — $189K *
Hartford, CT 06106In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, accounting, or related field.
  • 8+ years of professional experience in financial operations or accounting.
  • Proven leadership skills with a focus on talent development and performance management.
  • Strong analytical skills to assess data and recommend impactful changes.
  • Excellent communication abilities to influence various management levels.
  • Advanced organization and multitasking skills for deadline management.
  • Familiarity with financial systems and internal control processes.

Responsibilities

  • Lead and mentor the General Ledger Operations team, fostering growth and capability.
  • Manage the monthly financial close process to ensure accurate financial results.
  • Oversee the integrity and consistency of financial data across business areas.
  • Review and guide complex financial activities like journal entries.
  • Influence leadership on recommendations based on ongoing initiatives.
  • Approve updates and enhancements to documentation to meet control standards.
  • Certify controls according to corporate standards on an annual or quarterly basis.
  • Develop and engage project plans with relevant teams.

Benefits

  • Health insurance for employees and eligible family members from day one.
  • 401(k) plan with a dollar-for-dollar match up to 5% of eligible pay.
  • Annual pension contributions for employees, fully funded by Travelers.
  • Minimum of 20 days Paid Time Off plus nine paid holidays annually.
  • Wellness programs including mental health support and health coaching.
  • Volunteer rewards program and matching gifts for charitable contributions.
Full Job Description
Job Category

Finance and Accounting

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range
$114,700.00 - $189,200.00

Target Openings

1

What Is the Opportunity?

At Travelers, we ensure the data supporting the company's internal and external financial reporting is accurately defined, controlled, and processed through financial systems in the most effective way to support the organization.

In this role as a Director, you will consult with business partners on new and changing complex business requirements, such as organizational changes and mergers and acquisitions that impact multiple business areas. Partnering closely with business peers, Technology, and Operational areas, you will define, test, implement and recommend updates across all systems to meet the changing business and technology needs. You will influence leaders, stakeholders, and assigned customers on information, changes, and ongoing initiatives. In this role, you will bring deep expertise in General Ledger operations - including financial close management, journal entry controls, allocations, and ERP system administration - to ensure the integrity of financial data across the enterprise. This position will manage a team of 6.What Will You Do?
  • Lead and develop the General Ledger Operations team, setting direction, managing performance, and building capability to support the company's financial reporting objectives.
  • Oversee the monthly financial close process, managing key milestones and deadlines to ensure timely and accurate financial results across all business groups.
  • Has oversight to ensures consistency, accuracy, timeliness, validity, and completeness of financial data.
  • Review complex financial activities for supported lines of business including journal entries and account reconciliations and provide guidance to team members.
  • Leverage knowledge of ongoing initiatives and its impact to approve recommendations and influence leaders to execute.
  • Review and approve updates, changes, and enhancements to documentation while ensuring it meets all control standards and requirements and communicate changes to leadership.
  • May certify controls in accordance with corporate standards on a quarterly or annual basis.
  • Accountable for the approval and recommended updates to system tables and edits to meet business requirements and ensure data consistency across financial systems and may have oversight of the foreign currency values and rates and/or translation rules.
  • Ensure accurate, complete and up to date documentation and approvals adhering to corporate standards for security access. May approve security access requests, as applicable.
  • Accountable for development of project plans and engagement of project team(s).
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor's Degree with business degree and eight years of professional work experience in financial, accounting, or related.
  • Demonstrated people leadership experience with the ability to develop talent, manage performance, and drive team results.
  • Excellent analytical skills with the ability to evaluate and understand current data and systems, find opportunities, recommend changes, and translate into business impacts.
  • Excellent communication skills with the ability to influence across all levels of management.
  • Advanced organization skills with the ability to manage multiple priorities simultaneously and follow through to ensure timely completion.
  • Demonstrated knowledge of financial systems and operations, including data integrity, period-end close processes, and internal controls.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Business Intelligence platforms (e.g., SQL).


What is a Must Have?
  • Five years related professional experience.


What Is in It for You?
  • Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.


About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Finance & Insurance
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ
TRV
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at The Travelers Companies, Inc

More Finance & Insurance Jobs

Find similar Director, Finance and Accounting Operations jobs:

NationwideHartford, CT