Director, Financial Reporting - P&C Controllership
Nationwide
This job is no longer accepting applications
See open jobs at Nationwide.See open jobs similar to "Director, Financial Reporting - P&C Controllership" OhioX.Internal Comp Grade is H3
This position will directly manager a team of 5 will several indirect reports as well.
This is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
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Job Description Summary
Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you!As a Director, you'll be responsible for the success and execution of all functions associated with GAAP and statutory financial reporting, premium taxes, payroll taxes, and/or statistical and supplemental statutory reporting requirements. You'll lead a team of managers, associates and/or offshore contractors, directing all aspects of associate performance.
Job Description
Key Responsibilities:
Leads the progression of Nationwide's financial close and reporting process. Ensures the preparation, analysis, filing and review of federal, state and local GAAP and statutory financial statements and reports, premium taxes, payroll taxes, and/or statistical and supplemental statutory reporting requirements according to state and federal laws, regulations and/or instructions.
Provides strategic direction over the development and design of new and enhanced systems and processes within the assigned area(s).
Focuses on outstanding talent management and engagement within the organization. Responsible for associate management, including performance management, salary planning and administration, training and development, workflow and organizational planning and disciplinary actions.
Develops the strategic direction of a team, including defining expertise and interaction with internal customers, regulators and auditors, developing metrics to measure effective and supervising the design of controls to manage regulatory changes and operational risk in a high-volume environment with complex and constantly evolving regulatory requirements. Works closely with executive leadership to influence overall department strategy.
Coordinates the timely initiation of high dollar amounts of related tax and fee payments as required by the state and federal laws, regulations and instructions.
Ensures the compilation and reporting of the department budget and/or overall Controllership budget while advising executive leadership on cost management initiatives. Influences across department to meet organizational expense initiatives.
Advises and provides oversight across the enterprise on significant and unusual transactions and accounting guidance or regulatory requirement changes, ensuring proper end-to-end accounting and reporting while capturing all operational impacts.
Directs the delivery of numerous analytics and reports presented to the Chief Accounting and Chief Financial Officers, as well as other key leaders.
Directs the administration and settlement of federal, state and local financial and tax audits. Responds to and directs responses to requests and inquiries from external auditors, IRS, state departments and examiners, statistical bureaus, and/or other regulatory agencies on analytical inquiries, compliance and/or data quality/integrity matters.
Maintains relationships with executives of offshore contractors, including assessing contract-related and performance-related metrics.
Supervises data quality initiatives to ensure the accuracy of reported financial and statistical information.
Represents officers/executives as assigned. May attend conferences or trade association meetings as Company representative.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Senior Director or Associate Vice President; Manages a team of 4 or more finance professionals.
Typical Skills and Experiences:
Education: Undergraduate degree in business administration, accounting, finance, insurance or other relevant academic subject areas required.
License/Certification/Designation: CPA or relevant industry designation (e.g., CPCU, IIA, FLMI) preferred.
Experience: More than eight years in public accounting, equivalent industry experience or relevant insurance experience.
Knowledge, Abilities and Skills: GAAP and/or statutory accounting bases. Insurance regulatory requirements. Complex financial statement preparation including consolidation of companies/subsidiaries. Financial/statistical analysis. Principles of taxation and the related impact on financial statement preparation. Accounting and/or business operating systems. Project management concepts and techniques. Must possess strong organizational skills, be detail oriented, analytical, strategic and adaptable. Must have the ability to discover and solve problems, be operational improvement and control minded, and be able to direct the complete, accurate, efficient and timely completion of high volumes of work. Must have the ability to lead in team or project environment. Ability to direct the research, analysis, documentation and communication of legal/regulatory requirements, accounting policies, related financial statement impacts and financial data. Must have advanced verbal and written communication skills, with an ability to communicate professionally with business unit leadership and regulators. Must have the ability to operate and maintain efficient financial information networks, systems and software and to think critically through all phases of operational responsibilities and provide strategic thought leadership. Must be able to direct and train associates in assigned accounting and reporting and staff development.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Exempt (Not eligible)
Working Conditions: Normal office environment; extended and/or non-standard work hours as needed.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
This job is no longer accepting applications
See open jobs at Nationwide.See open jobs similar to "Director, Financial Reporting - P&C Controllership" OhioX.