POSITION DESCRIPTION 

The Lead Financial Compliance and Controls Analyst will assist the Treasury and Accounting Operations Director in managing the daily operations of the Department with emphasis on implementation and subsequent monitoring of internal controls in key financial close processes, process documentation and improvements, monitoring month end close and will oversee the planning, execution, and completion of various departmental projects. Also, this role will administer all accounting and operating systems ensuring proper security access, maintenance of critical reports, and data integrity. 

MAIN DUTIES AND RESPONSIBILITIES 

Accounting Operations 

• Manage the development of Key Performance Indicators (KPIs) to measure the Finance Department’s performance and identify opportunities for improvement. 
• Coordinates professional development training and report compliance with training schedules. 
• Analyze financial month end close processes to identify areas of opportunities and provide recommendations to management. 
• Manage the implementation of technological systems and tools to help improve operational efficiencies and streamline processes. 

Internal Controls 

• Lead the development and implementation of a robust internal control testing plan, including training to employees; internal controls required documentation and phase in testing of key controls. 
• Ensure risk control matrix is updated on an annual basis along with related accounting policies and standard operating procedures documentation to ensure compliance with SOX guidelines. 
• Perform the SOX testing procedures to ensure compliance with policies and standard operating procedures and report findings to the Management team. 
• Review SOC reports for third party service providers including preparing SOC report review checklist. Responsible for addressing any internal controls exceptions in the report including risk mitigation when applicable. 

Process Improvements 

• Lead project management for process improvements and new systems including developing project timelines, stakeholders' communication plans and progress monitoring (AuditBoard/Optro).
• Collaborate with key personnel in the design and documentation of updated accounting processes associated with core insurance and reinsurance business in transition to Sapiens. 
• Drive efficiency initiatives across close processes and accounting workflows including automation opportunities using Power Apps. 
• Monitor month end close analysis to identify areas of opportunities for reduction in closing timelines.

System Administration and Security 

• Responsible for security controls and system setups of all accounting related software (i.e Sungard, Gain Compliance, FloQast), including periodic reviews of user’s system access and segregation of duties. 
• Responsible for maintenance of key financial reports in Crystal and chart of accounts. 

Other Matters 

• Responsible for leading Treasury and Accounting Operations department requests associated with external financial audits and state departments’ audits. 
• Provide support in preparation of statutory financial statements and/or quarterly or annual statement reports. 
• Review investments, financial statement notes and disclosures. 
• May assist the Director of Treasury and Accounting Operations, VP of Finance, CAO and/or CFO in other tasks and special accounting and finance projects. 

EDUCATION AND QUALIFICATIONS 

• Bachelor's degree in finance or accounting, CPA preferred 
• Experience in computer programming using SQL or Power BI
• 4+ years of relevant business experience in general accounting 
• Property and casualty insurance experience is a plus.  
• Proven knowledge of GAAP accounting principles, practices, standards, laws and regulations, statutory accounting knowledge plus. 
• Advanced computer skills in MS Office, accounting software, and databases. 
• High attention to detail and accuracy. 
• Strong organizational skills 
• Self-motivated and ability to work under pressure and time constraints.  
• Willing to work extra hours when there are operational needs.  
• Performance and results oriented with proven execution with tight deadlines. 

SKILLS  

• Fully Bilingual in English and Spanish.  Ability to read, analyze, and interpret complex reporting, technical procedures and regulatory requirements. Ability to effectively present information in an articulate, persuasive, and decisive manner. 
• Ability to handle mathematical calculations including budgets, forecasts, interests, proportions, percentages, volume, etc.  

• Ability to define complex problems; collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical and deal with several abstract and concrete variables.
• The responsibilities of this position require continuous interaction with internal and external contacts. 
• Ability to work and interact with departments throughout the organization

• Time management skills.  
• Excellent attention to detail.  
• Work well in a team environment 
• Able to maintain confidential information.  

PHYSICAL AND MENTAL DEMANDS 

The position requires sitting, standing and walking associated with a normal office environment, talking and hearing. This position requires minimal weight to be lifted or force to be exerted. 

ENVIRONMENTAL AND WORKING CONDITIONS