Assistant Controller

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Description

WHO WE ARE

Relation Insurance is a leading, innovative company with a strong commitment to excellence and a passion for delivering cutting-edge solutions to our clients. As a key player in the insurance market, we pride ourselves on our dynamic culture, collaborative environment, and continuous drive for success. With a rich history and a bright future ahead, we are looking for exceptional individuals to join our team and contribute to our ongoing growth and success.


WHAT WE'RE LOOKING FOR 

The Assistant Controller is a senior level employee within the company’s Accounting Department. This position has the direct responsibility and accountability for all corporate accounting, budgeting, accounts payable, accounts receivable, and all financial transactions involving related entities and acquisitions. Additionally, the person in this position is responsible for the complete and accurate calculation and reporting of the contingent earn-out payables arising from the various acquisitions made by the Company.


A GLIMPSE INTO YOUR DAY

  • Responsible for assisting the Corporate Controller in generating the Company’s financial statements and related financial reports in keeping with agreed upon schedules and acceptable levels of accuracy.
  • Ensures that all “trust accounts” are in balance, related liabilities are properly recorded and paid per contract terms and that all related parties are communicated with accordingly.
  • Develops and maintains accurate records of the Company’s fixed assets, maintains fixed assets listing and resulting depreciated/amortization schedules.
  • Actively participates in the development, use and modification of financial software systems that will enable the senior management to monitor financial results and assess future business opportunities.
  • Interfaces and coordinates relationships with outside accountants and CPAs to ensure delivery of timely and accurate information required for tax returns, audits, etc.
  • Prepares periodic special reports such as Historical Comparisons, Financial Trends, and Variance Analysis.
  • Ensures all bank accounts are reconciled in a timely fashion monthly, review and approves reconciliations.
  • With the assistance of the Corporate Controller develops systems and procedures to insure prudent cash (and checkbook) controls.
  • Responsible for maximizing all cash balances, interest income, and related balance reporting.
  • Refines and maintains existing methodology to project revenue, cash flows and Company obligations.
  • Produces monthly “actual” versus “budgeted” reports – analyzes and reports variances.
  • Prepares periodic reporting regarding the financial operations of acquisitions during the earn-out period as prescribed in the purchase agreements.
  • Monitors systems and procedures to ensure timely payment of all Company obligations as well as related reporting mechanisms.
  • Works with internal and external information systems personnel to monitor and refine systems and procedures that expedite the recording of premiums and facilitate accurate, timely recording and accounting thereof.
  • Monitors financials and produces month-end financial reports.
  • Communicates with senior management at corporate level and provides reporting, financial research, and analysis, and executes ad hoc assignments.
  • Prepares and files Annual Statements, Franchise Tax, City & County Business Licensing and Taxes.
  • Supervision and management of assigned accounting staff members.
  • Reviews and approves journal entries, open invoice payables, and bank and trust reconciliations.
  • Development and improvement of accounting teams accounting acumen and job performance.
  • Performs other projects, duties, and tasks, as assigned.

Requirements

WHAT SUCCESS LOOKS LIKE IN THIS ROLE

  • CPA preferred.
  • Prior insurance accounting exposure and familiarity with industry terminology and financial practices.
  • 10+ years finance and accounting experience including knowledge of US GAAP and financial statement preparation.
  • Minimum 5 years’ supervisory experience.
  • Advanced knowledge of Microsoft applications, especially Word and Excel.
  • Must have advanced knowledge of computerized accounting systems.
  • Excellent analytical and mathematical skills.
  • Excellent interpersonal skills; strong oral and written communication.
  • Thorough knowledge of accounting procedures and principles.
  • Excellent problem solving, relationship management and critical thinking skills and the ability to prioritize multiple projects, meetings and deadlines.
  • Ability to lead and train others on various accounting related concepts, programs and tools.
  • Ability to function under tight constraints, consistently meet strict deadlines, prioritize, and multiple tasks in a demanding work environment.
  • Willingness to adhere to all principles of confidentiality.
  • Ability to work independently and on a team.

WHY CHOOSE RELATION?

  • Competitive pay.
  • A safe and healthy work environment provided by our robust benefit program including family health and wellness programs, 401K, employee assistance programs, paid time off, paid holidays and more.  
  • Career advancement and development opportunities.

Note: The above is not all encompassing of the full position description. 


Relation Insurance Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.


The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Relation, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is presented within this posting. 


You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.