Interim Financial Controller

<p><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><strong>Financial Corporate Controller</strong></span></span><br> <br> <span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><strong>Location:</strong> Irving, TX. (onsite)</span></span><br> <span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><strong>Contract Duration: </strong>3 months + (possible contract to hire)</span></span><br> <span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><strong>Rate: </strong>$60 – 75 per hour</span></span><br> <br> <span style="font-size: 12.0pt;"><span style="background-color: white;"><span style=""><span style="font-size: 11.0pt;"><span style=""><span style="color: black;">Jefferson Wells is seeking an experienced and detail-oriented Financial Corporate Controller to join our team for a contractual period of 3 months or longer, with a possibility to become a contract to hire role. <span style="background-color: white;">The Controller will be part of the Accounting and Finance group, reporting directly to the CFO, and will be responsible </span>for all compliance related to the accounting and finance function. The Controller must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while successfully managing the accounting staff and relationships with our partners and customers. As primary stakeholder of the financial systems, the Controller will ensure that technology is leveraged effectively to meet the organization’s financial reporting needs.</span></span></span></span></span></span><br> <br> <span style="font-size: 11.0pt;"><span style="background-color: white;"><span style="font-family: Calibri , sans-serif;"><strong><u><span style="color: black;padding: 0.0in;">Responsibilities</span></u></strong></span></span></span><br>  </p> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Internal Controls - Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting.  Design and implementation of processes and internal controls.</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Amortization</span><span style="color: black;"> - Service Contract and Provider revenue and expenses must be amortized monthly with cancellation logic and annual inception to date of all in force contracts. </span></span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Forecasting - Generate five-year financial forecast based on sale projections and amortization schedules.  </span></span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Budgets - Work with CFO & individual departments to prepare budgets and consolidate them into one overall corporate budget.  Compare historical results against budgets and forecasts, performing variance analysis to explain differences in performance and make improvements going forward.</span></span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Asset Protection - Assure protection for the assets of the business through internal control, internal auditing, and ensuring proper reserve coverage.</span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Understanding process and financial reporting related to inventory.</span></span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Expense Management - Monitor and communicate expenses and costs to facilitate continuous operational improvements.</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Effectively lead all finance and accounting team members and provide guidance & mentoring. </span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">General Ledger - Manage and approve ALL general ledger entries for monthly financial statements.  General ledger implementation and ongoing management.</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Month End Close - Oversee month-end close process and financial statement preparation.  Coordinate monthly and annual close, including preparation of balance sheet, income statement (actual vs actual and actual vs budget), and related variance analysis.  Oversee monthly review of accounts receivable and company payable subsidiary ledgers, including collections and reconciliation to general ledger.</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Financial Statements - Ensure accurate and timely processing of all financials monthly which include GAAP and Modified Cash Financials.  Report financial status by developing forecasts, reporting results, analyzing variances, and identifying improvements.</span></span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Payroll - Support Payroll in biweekly payroll approvals and ensure that we are meeting all compliance needs.  </span></span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Tax - Manage the company’s income tax and other tax compliance requirements, ensuring accurate and timely filings/returns.  </span></span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Audits - Manage audit activities and audit compliance.  Liaison for internal and external audits.</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Allocations - Settlement of and accounting for all corporate overheads, including rent and other office costs, T&E, legal, insurance, regulatory, and other costs.</span></span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Banking - Management of all bank accounts and ensure their reported balances are correct. </span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Develop and monitor business and sales performance and financial metrics utilizing tools such as Power BI.</span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Special projects as assigned.</span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Managing financial compliance/regulatory reporting </span></span></span> </ul> <br> <span style="font-size: 11.0pt;"><span style="background-color: white;"><span style="font-family: Calibri , sans-serif;"><strong><u><span style="color: black;padding: 0.0in;">Qualifications and Requirements</span></u></strong><u><span style="color: black;">:</span></u></span></span></span> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">5 + years in an Insurance Industry </span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">BS and MS in Accounting Required </span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">CPA required.</span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">At least 10 years of experience ideally gained through increasingly responsible management positions within Accounting or Finance in an insurance or property & causality environment</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">5+ years in mid-level management and up leadership roles</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">A demonstrated working knowledge of manual and automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage accounting operations and applications.</span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Superior verbal and written communication skills and the ability to effectively deliver and reinforce consistent messages at all levels.</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Experience with group accounting and consolidations</span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Familiarity with insurance reserving and ultimate loss estimation techniques (required)</span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;">Familiarity with insurance regulatory compliance as it relates to Finance, especially risk adjusted solvency and liquidity requirements (required)</span></span> </ul> <ul> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="background-color: white;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;">Advanced proficiency in Power BI, Power Pivot, and Microsoft Suites; particularly Excel (pivot tables, VLOOKUP, ERP retrieve tools, etc.)</span></span></span></span> <li style="margin-top: 0.0in;margin-right: 0.0in;margin-bottom: 0.0in;margin: 0.0in 0.0in 8.0pt;"><span style="font-size: 11.0pt;"><span style="background-color: white;"><span style="font-family: Calibri , sans-serif;"><span style="color: black;padding: 0.0in;">NetSuite system experience required</span><span style="color: black;padding: 0.0in;">.</span></span></span></span> </ul> <p><span style="font-size: 11.0pt;"><span style="font-family: Calibri , sans-serif;"><strong><span style="">What’s in it for you:</span></strong><br> - Hourly rate of $60 to $75 an hour with Direct Deposit<br> - Full-time with full Medical, Dental, Vision and 401K Benefits<br> <br> Jefferson Wells (<a href="http://www.jeffersonwells.com/" style="color: blue;text-decoration: underline;" target="_blank"><span style="color: rgb(5,99,193);">www.jeffersonwells.com</span></a>) is a professional services firm delivering solutions in Finance & Accounting, Internal Audit, Risk & Compliance, and Tax. Our people leverage their extensive industry & technical experience to deliver practical and actionable solutions.  We serve clients, including Fortune 500 and Global 1000 companies, from offices worldwide leveraging the workforce capabilities of the ManpowerGroup. Jefferson Wells is an Equal Opportunity Employer.  </span></span></p>