Assistant Controller

Job Details

Assistant Controller, Corporate Accounting

Talcott Financial Group is an international life insurance group and the industry's trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.
Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $120 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott Financial Group's two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Overview:

The Assistant Controller, Corporate Accounting is a highly experienced accounting professional and engaging team leader that will oversee the Corporate Accounting and general ledger reporting team. This team has the critical responsibility of preparing and reporting financial information for a variety of internal and external customers. The role provides a macro-overview of Talcott's insurance operations, reinsurance arrangements, and corporate business functions, as well as the opportunity to interact with stakeholders across the enterprise. This leader will be continuously challenged to identify process improvements and will be empowered to implement solutions.

Primary Responsibilities:

• Oversee Corporate Accounting and General Ledger
• Oversee the US GAAP quarterly/annual financial reporting process
• Manage and develop a team of accounting staff
• Support the Company's external financial reporting that aligns with US GAAP and regulatory accounting requirements
• Analyze and document monthly earnings and other key financial variances
• Support special projects and the implementation of new accounting standards
• Develop solutions for new or non-routine accounting matters
• Streamline existing processes and procedures to continually improve efficiency and controls
• Interact with various internal and external stakeholders, including, but not limited to Talcott management, third-party administrators, auditors, and reinsurance partners
• Improve and look for efficiencies in processes and automation of ledger processes and reporting solutions
• Perform required internal controls and maintain documentation of the controls as required under SOX
• Perform review of ledger entries, account reconciliations, and internal control documentation as completed by Corporate Accounting staff
• Participate in ad-hoc financial reporting needs

Qualifications:

• Undergraduate degree in accounting and CPA or MBA required, advanced degree preferred.
• 8+ years of progressive accounting/finance experience with 5 years of experience within the life insurance and annuity industries.
• Strong experience overseeing and coordinating work with external auditors.
• Experience improving and automating processes using ION.
• Experience in accounting, financial reporting, audit, financial statement preparation & analysis - Big four accounting experience preferred.
• Ability to understand and analyze complex financial records and reports in a highly regulated environment
• Experience with regulatory reporting frameworks
• Mastery of accounting standards and experience with performing technical research
• Ability to proactively identify, define, and resolve complex problems
• Management experience and demonstrates strong leadership, development, and coaching skills, guiding and reviewing work performed by less-experienced staff
• Must be able to manage competing priorities, build relationships and work closely with a team in a fast-paced environment
• Strong organizational, analytical, and problem-solving skills with proven attention to details
• Polished communication skills, both verbal and written, with the ability to articulate complex information to all levels and functions
• Ability to understand leadership reporting needs and to creatively produce useful reports to meet those needs
• Strong knowledge in Microsoft Excel, PowerPoint, PeopleSoft/Oracle/other general ledger applications strongly preferred

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