Fahrenheit Advisors is assisting the Virginia Birth-Related Neurological Injury Compensation Program in the search for a Senior Comptroller. Located in Richmond Virginia this opportunity is part of a mission-driven organization dedicated to supporting children and families affected by birth-related neurological injuries in this role youll help shape a financially secure future while making a lasting impact.
Position Overview
Reporting directly to the Executive Director the Senior Comptroller will be responsible for the day-to-day financial activities of the Virginia Birth-Related Neurological Compensation Program. This will include overseeing payables receivables budgeting and financial controls and providing guidance to the Executive Director and Board of Directors. This position is Exempt under the Fair Labor Standards Act (FLSA).
Duties and Responsibilities:
Financial Management & Reporting
- Oversee day-to-day accounting operations including general ledger accounts payable accounts receivable payroll and cash management
- Prepare and review monthly quarterly and annual financial statements in accordance with GAAP and applicable governmental accounting standards
- Ensure accurate tracking and reporting of claim liabilities benefit payments reserves and administrative expenses
- Manage year-end close and coordinate all aspects of the annual independent audit
Compliance & Internal Controls
- Maintain strong internal control systems to protect Fund assets and ensure compliance with state laws regulations and policies
- Ensure compliance with Virginia statutory requirements governing the Birth Injury Fund
- Develop document and update accounting policies and procedures
- Serve as primary liaison with external auditors regulators and oversight bodies
Budgeting & Forecasting
- Lead the annual budgeting process and ongoing financial forecasting
- Monitor budget performance and provide variance analysis and recommendations to leadership
- Support long-term financial planning including reserve adequacy and sustainability analyses
Claims & Program Support
- Collaborate with claims legal and program staff to ensure accurate financial treatment of claims settlements and lifetime benefit obligations
- Oversee financial aspects of benefit disbursements and vendor payments related to claimant care
- Ensure proper accounting for actuarial estimates and long-term liabilities
Leadership&Collaboration
- Supervise and mentor accounting staff fostering a culture of accuracy accountability and continuous improvement
- Partner with executive leadership to provide financial insights and support strategic initiatives
- Prepare financial reports and presentations for the Board committees and other stakeholders
Qualifications:
- Bachelors degree in Accounting Finance or related field
- CPA required
- Minimum of 710 years of progressive accounting experience including supervisory responsibility
- Strong knowledge of GAAP and financial reporting
- Experience with audits and regulatory compliance
Preferred
- Experience in government quasi-government nonprofit insurance or healthcare-related organizations
- Familiarity with governmental or fund accounting and long-term liability accounting
- Experience working with boards and external oversight entities
Required Experience:
Senior IC
Fahrenheit Advisors is assisting the Virginia Birth-Related Neurological Injury Compensation Program in the search for a Senior Comptroller. Located in Richmond Virginia this opportunity is part of a mission-driven organization dedicated to supporting children and families affected by birth-related ...
Fahrenheit Advisors is assisting the Virginia Birth-Related Neurological Injury Compensation Program in the search for a Senior Comptroller. Located in Richmond Virginia this opportunity is part of a mission-driven organization dedicated to supporting children and families affected by birth-related neurological injuries in this role youll help shape a financially secure future while making a lasting impact.
Position Overview
Reporting directly to the Executive Director the Senior Comptroller will be responsible for the day-to-day financial activities of the Virginia Birth-Related Neurological Compensation Program. This will include overseeing payables receivables budgeting and financial controls and providing guidance to the Executive Director and Board of Directors. This position is Exempt under the Fair Labor Standards Act (FLSA).
Duties and Responsibilities:
Financial Management & Reporting
- Oversee day-to-day accounting operations including general ledger accounts payable accounts receivable payroll and cash management
- Prepare and review monthly quarterly and annual financial statements in accordance with GAAP and applicable governmental accounting standards
- Ensure accurate tracking and reporting of claim liabilities benefit payments reserves and administrative expenses
- Manage year-end close and coordinate all aspects of the annual independent audit
Compliance & Internal Controls
- Maintain strong internal control systems to protect Fund assets and ensure compliance with state laws regulations and policies
- Ensure compliance with Virginia statutory requirements governing the Birth Injury Fund
- Develop document and update accounting policies and procedures
- Serve as primary liaison with external auditors regulators and oversight bodies
Budgeting & Forecasting
- Lead the annual budgeting process and ongoing financial forecasting
- Monitor budget performance and provide variance analysis and recommendations to leadership
- Support long-term financial planning including reserve adequacy and sustainability analyses
Claims & Program Support
- Collaborate with claims legal and program staff to ensure accurate financial treatment of claims settlements and lifetime benefit obligations
- Oversee financial aspects of benefit disbursements and vendor payments related to claimant care
- Ensure proper accounting for actuarial estimates and long-term liabilities
Leadership&Collaboration
- Supervise and mentor accounting staff fostering a culture of accuracy accountability and continuous improvement
- Partner with executive leadership to provide financial insights and support strategic initiatives
- Prepare financial reports and presentations for the Board committees and other stakeholders
Qualifications:
- Bachelors degree in Accounting Finance or related field
- CPA required
- Minimum of 710 years of progressive accounting experience including supervisory responsibility
- Strong knowledge of GAAP and financial reporting
- Experience with audits and regulatory compliance
Preferred
- Experience in government quasi-government nonprofit insurance or healthcare-related organizations
- Familiarity with governmental or fund accounting and long-term liability accounting
- Experience working with boards and external oversight entities
Required Experience:
Senior IC
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