Controller

Location:

TheControlleris responsible for managing the accounting function of Oxford Life and its subsidiaries reporting to the CFO. This includes financial and regulatory reporting maintaining and improving systems processes and internal controls. The role will also be managing the accounting staff. The Controller is expected to function at a high level of expertise & knowledge exercising sound judgment and consistent application of that knowledge. The Controller is expected to support Oxford Lifes goals and advance Oxford Lifes values.

Job Responsibilities

• Direct supervise and develop all activities functions and personnel of the Accounting department.
• Hire train discipline evaluate motivate and provide guidance and leadership to the Accounting department.
• Financial reporting to internal management and corporate parent.
• Direct the preparation of monthly quarterly and annual financial statements both internal and external. Ensure the accurate and timely preparation analysis and summarization of financial records.
• Direct the preparation of the annual business plan financial information.
• Reviews and/or develops the Accounting budget.
• Direct the preparation of the monthly quarterly and annual budget to actual reports (executive summaries).
• Maintain GAAP and statutory-based financial reporting system.
• Manage accounting function including cash flows financial regulatory and management reporting.
• Maintenance and implementation of a system of internal controls and accounting procedures which assure legal/fiscal compliances with laws and rules.
• Institute monthly quarterly and year-end closing schedules.
• Administering the requirements of Sarbanes-Oxley Corporate Reform Act
• Assist management in evaluating profitability and risk exposure of existing and potential insurance programs.
• Assume additional managerial duties as appropriate to the position or as assigned by the Chief Financial Officer/Treasurer.
• Direct the preparation of all required tax returns.
• Keep abreast of new techniques in financial reporting analysis or new technology.
• Enforce develop and communicate company and departmental policies and standards.
• Support operational areas of Oxford Life as needed.

Job Duties

• Prepare develop and review managerial reports reflecting the balance sheet income statements and significant events and/or trends.
• Ensure the timely completion of important asset and liability account reconciliation.
• Participate in meetings with various levels of management to further the understanding of financial performance or communicate department needs.
• Direct the completion of the annual independent audit and state financial examinations.
• Design and implement continual improvement initiatives.
• Provide technical and managerial leadership to supervisory staff.
• Evaluate the performance effectiveness and growth of subordinates. Ensure the competency of each subordinate through increasing delegation of responsibility authority and through formal and informal education. Interview select and evaluate the performance of department personnel. Initiate wage increases promotions disciplinary action or terminations as required.
• Read industry publications new business literature and take courses necessary to successful completion of job responsibilities. This includes attending seminars and/or meetings with other insurance or accounting firms when required.
• Perform other related duties as required or assigned.

Essential Job Functions

• Demonstrate proficiency in Microsoft Office products with a focus on Excel and Word SAP general ledger package Spreadsheet Server reporting software Gain Compliance statutory reporting software and a basic understanding of network functionality.
• Complete understanding of statutory accounting principles codification.
• Complete understanding of the GAAP concepts and rules governing the insurance industry.
• Effectively communicate with customers inside and outside of the organization.
• Excellent communication ability within a managerial setting.
• Managerial abilities adept at guiding a staff of ten plus.

Expected Level of Performance Standards

• Timely and accurate financial reporting on a monthly basis.
• Maintain and grow a competent staff that is customer focused proactive and creative.
• Continually improve process and procedures.
• Interact with the entire organization; provide policy guidance and financial direction.
• Otherwise complete all specified job duties with exceptional competence.

Qualifications

• Bachelors degree in accounting or finance.
• Certified Public Accountant (CPA) preferred.
• Management experience preferred.
• Five (5) years public accounting experience in the Life insurance and/or Annuity industry preferred.
• Minimum 2 years direct experience & maintenance of general ledger systems.
• Demonstrated experience with insurance regulatory filings & audits.
• Thorough understanding of GAAP & NAIC statutory accounting principles
• Self-motivated & enthusiastic with strong written and verbal communication skills.
• Must be well organized and able to work under time constraints.

Benefits

• Full Medical coverage
• Prescription plans
• Dental & Vision Plans
• New indoor fitness gym
• Gym Reimbursement Program
• Registered Dietitian Program
• Weight Watchers
• Onsite medical clinic for you and your family
• Career stability
• Opportunities for advancement
• Valuable on-the-job training
• Tuition reimbursement program
• Free online courses for personal and professional development at U-Haul University
• Business and travel insurance
• You Matter Employee Assistance Program
• Paid holidays vacation and sick days
• Employee Stock Ownership Plan (ESOP)
• 401(k) Savings Plan
• Life insurance
• Critical Illness/Group Accident
• 24-hour physician available for kids
• MetLaw Legal program
• MetLife auto and home insurance
• Mindset App Program
• Discounts on cell phone plans hotels and more
• LifeLock Identity Theft
• Savvy consumer wellness programs - from health care tips to financial wellness
• Dave Ramseys SmartDollar Program
• U-Haul Federal Credit Union
• Wellness Program

U-Haul Holding Company and its family of companies including U-Haul International Inc. (U-Haul) continually strives to create a culture of health and wellness. Consistent with applicable state law U-Haul will not hire or re-hire individuals who use nicotine products. The states in which U-Haul will decline to hire nicotine users are: Alabama Alaska Arizona Arkansas Delaware Florida Georgia Hawaii Idaho Iowa Kansas Maryland Massachusetts Michigan Nebraska Pennsylvania Texas Utah Vermont Virginia and Washington. U-Haul has observed this hiring practice since February 1 2020 as part of our commitment to a healthy work environment for our team.

U-Haul is an equal opportunity employer. All applicants for employment will be considered without regard to race color religion sex national origin physical or mental disability veteran status or any other basis protected by applicable federal provincial state or local law. Individual accommodations are available on requests for applicants taking part in all aspects of the selection process. Information obtained during this process will only be shared on a need to know basis.