General
Job Title: US Financial Controller Division: Finance Reports To: Head of Group and Statutory Reporting Key Relationships: Head of Group & Statutory Reporting; UK Financial Controller; ROW Financial Controller; Group Financial Controller; Head of Technical Accounting. Job Summary: The US Financial Controller will be a proactive member of the finance team. The primary responsibilities of the position will be the oversight of accounting, financial close and financial reporting within the US. This includes financial analysis, research, and technical expertise. The position will ensure the integrity of financial information and reports for the US. Key Responsibilities
- Primary ownership and direct review of the quarterly and annual financial statements for US GAAP reporting and US NAIC Statutory(STAT) stand-alone reporting.
- Review or monthly/quarterly accounting entries, support documentation and control documentation for general US GAAP and US STAT. This is inclusive of quarterly reconciliation reviews.
- Coordination with Group Reporting team to ensure appropriate consolidation of US entities and intercompany relationships.
- Compliance monitoring with NAIC standards and various state data calls.
- Ownership of key US outside professional services firms such as Crowe, Deloitte, and EY.
- Primary ownership of internal/external financial statement audits, regulatory exams by insurance departments, and/or tax compliance exams.
- Review, investigation, and reporting of errors and inconsistencies in financial entries and documents.
- Advocate for strong control environment, leading by example and adherence to US Model Audit Rule standards.
- Member of the broader North American Finance leadership team, setting direction and implementing the Finance strategy.
- Serves many US Boards and Committees, including most US entities and the 401K Committee.
- Key subject matter expert for US accounting and reporting needs across Company wide strategic initiatives, including modernization, regulatory, and growth opportunities.
- Focused on leading and developing a team of best-in-class senior/financial analysts and specialists.
Key attributes:
- Ability to build & maintain relationships across various departments such as but not limited to: Capital Management, Corporate Finance, Actuarial, Financial Controls, Risk & Compliance, Company Secretarial, Global Tax, Global Expenses, MI Planning, Data Management, Reinsurance, Internal Audit, and Technical Accounting.
- Strong technical accounting capabilities- US GAAP & STAT, with focus on STAT reporting.
- Strong understanding of reinsurance and reserving technicalities
- P&C Insurance preferred
- An individual who leads with mutual respect of all team members no matter the level. Focus on team flexibility and development is key.
General It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:
- Comply with Beazley procedures, policies and regulations including the code of conduct.
- Display business ethics that uphold the interests of all our customers.
- Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
Personal Specification: Education and Qualifications
- Bachelor's degree in accounting
- 5 Years' Minimum Accounting experience, preferably in the property-casualty insurance industry
- Public accounting or Corporate Accounting experience preferable
- Certified Public Accountant certification preferable
Skills and Abilities
- Proven track record of successfully managing a team of at least 3 people
- Technical accounting knowledge including experience documenting and researching technical accounting answers required
- Solid financial analysis skills
- Effective written and verbal communication skills
- Intermediate time management/ prioritization skills
- Demonstrated ability to solve problems and suggest solutions
- Intermediate business perspective including an understanding of the political nature of the organization
- Navigate ambiguity to deliver results
Knowledge and Experience
- Strong knowledge of accounting concepts/theories (US GAAP & STAT)
- Solid knowledge of insurance accounting and reporting concepts/theories
- Working knowledge of Microsoft Office (e.g., Excel, Word, Outlook)
- General Ledger experience
Aptitude and Disposition
- Top performer, motivated and driven to succeed
- A self-starter with a high energy level and with the ability to work in a fast-paced environment
- Ability and willingness to roll up sleeves and get involved in detail
- Ability to interact with individuals at all levels of the company
- Change Champion
- Proactive
- Flexible
- High integrity
- Positive
Competencies
- Detail Oriented
- Analytical Thinking
- Emphasis on Quality
- Teamwork
- Communications
The rewards:
- The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
- Attractive base compensation and discretionary performance related annual bonus
- Competitively priced medical, dental and vision insurance
- Company paid life, and short- and long-term disability insurance
- 401(k) plan with 5% company match and immediate vesting
- 22 days annual PTO (full-time, prorated for 1st calendar year of employment), plus paid public holidays with the ability to flex the religious bank holidays to suit your religious beliefs. Additional PTO purchase is available up to a maximum of 5 days per calendar year.
- Up to $700 reimbursement towards home office setup
- Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance in support of your wellbeing
- The opportunity to save for, and purchase, shares of Beazley stock
- Six months fully paid parental leave, regardless of how you come to parenthood
- Company paid sabbatical up to 12 weeks after 10 years of continued service
- Support with exam/study leave and fees for relevant qualifications related to furthering education
- Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
- Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business
Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $170,000-186,300 per year plus discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role.
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