Assistant Controller at Pharmacists Mutual Insurance Company

Description

Pharmacists Mutual has an opening for an Assistant Controler. The position will be responsible for assisting the Controller with financial reporting including monthly and quarterly financial statements, corporate accounting policies, technical SAP (statutory accounting principles) and GAAP (generally accepted accounting principles) research and analysis, and external audit oversight.

Assistant Controller

• Makes key decisions timely and independently, using personal knowledge and discretion.
• Engages with Executive team on strategic matters that affect multiple departments of the Company.
• Demonstrates leadership style and motivates team to achieve a common goal by demonstrating the professional behaviors expected.
• Determines strengths and growth needs of team members and provides effective feedback on development opportunities.

Essential Functions

Essential functions may include, but are not limited to the following:

• Assists with managing month-end financial statement preparation processes, ensuring accuracy and consistency with company policies.
• Approves Pharmacists Mutual and PMC Advantage invoices.
• Serves as the system administrator for finance department applications.
• Assists with review of quarterly and annual regulatory financial filings.
• Supports the Controller with the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
• Manages finance department staff as assigned, including performance, training, supervision, and time card management.
• Assists external auditors throughout annual audit processes.
• Coordinates with the Controller to create annual budgets and forecasts, while simultaneously recommending financial and operating plans.
• Complies with local, state, and federal government reporting requirements and tax filings.
• Provides financial data to Controller to assist with the reporting of the status of the Company's financial condition. Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional societies.

Knowledge, Skills and Abilities

• Thorough knowledge of insurance accounting principles and practices, and general knowledge of GAAP accounting.
• Knowledge of insurance taxation.
• Excellent financial analysis and technical accounting capabilities.
• Develop and manage company and department budgets.
• Ability to communicate complex financial issues in simple, understandable terms.
• Thorough knowledge of employee management principles including supervision, training, and performance evaluation.
• Strong executive presence to be able to present analyses and recommendations in a clear and compelling manner to both technical and non-technical audiences, including executive management.
• Strong analytical skills, with high degree of organization and attention to detail.
• Ability to manage and improve processes.
• Ability to use initiative and apply innovative thinking while effectively managing the team, including setting priorities, objectives and goals.
• Establish and maintain effective working relationships and communication with executive management.
• Ability to work independently to make critical decisions and analyze complex issues.
• Ability to interpret and apply laws, rules and regulations in consultation with Legal Counsel.
• Obtain and utilize sensitive information discreetly and objectively.
• Read, interpret, and input data efficiently and accurately.
• Determine when to escalate concerns to executive management.
• Ability to set priorities, meet deadlines and manage diverse projects simultaneously.
• Exceptional oral and written presentation skills.
• Utilize computer and related software effectively.
• Correct English usage, spelling, grammar, vocabulary and punctuation.

Qualifications

Experience and Education Qualifications

Assistant Controller

• Bachelor’s Degree and 8 years of related experience with at least 2 years in leadership; or
• Master's Degree and 6 years of related experience with at least 1 year in leadership; and

Preferred Qualifications

• Professional accounting designation (CPA, CMA, CIA or equivalent)
• Experience in the insurance industry
• MBA or Master’s Degree in Finance or Accounting
• AIAF(Associate in Insurance Accounting and Finance) Designation

Work Environment

Work Environment

• Primary work environment is in a climate-controlled office setting
• Work may involve travel to attend meetings at other locations