Insurance Marketing Agencies
Vice President - Finance & Administration
Insurance Marketing Agencies, Worcester, Massachusetts, us, 01609
Job Description
The Vice President of Finance & Administration reports to the President and CEO and is responsible for overseeing all Financial Operations, Strategic Planning and Administrative duties as well as providing Financial Leadership to the Executive Team.Salary:
$120,000.00 - $150,000.00 per yearBenefits
Annual Base Salary Based on ExperiencePaid Time Off (PTO)Health InsuranceDental InsuranceVision InsuranceLife InsuranceDisability InsuranceMon-Fri ScheduleCareer Growth OpportunitiesRetirement PlanResponsibilities
FINANCE Responsibilities:Manage a team of 2 Accountants.Responsible for all Financial Operations including Financial Statement Preparation and Analysis, Budgeting, Forecasting, Cash Flow, Debt Management, Taxes, Payroll, 401k, Accounts Receivable, Accounts Payable, Fixed Assets, Account Reconciliations, Bank Reconciliations and Year-End Audit.Prepare financial reports monthly, quarterly and annually for both internal and external purposes.Manage relationships with CPA firm, Bank, Vendors and Department Heads.Involved with Strategic Planning for the company's business objectives and growth plans.Participate on the Executive Leadership Team.Ensure compliance with GAAP accounting standards and regulatory requirements.Optimize the allocation of resources to maximize efficiency and profitability.Stay informed about industry regulations and ensure the firm's compliance with all relevant financial and insurance regulations. Establish and maintain relationships with regulators as needed.Foster a culture of accountability, transparency, excellence, collaboration and continuous improvement.ADMINISTRATION Responsibilities:Manage Systems & Technology department (1 Direct Report).Manage Operations department (1 Direct Report and 2 Team Members).Responsible for Human Resource issues relating to administrating the company's 401k plan, Employee Benefits for Health, Dental, Vision, Life, PFML, LTD, FSA and PTO records and Employee Personnel Files.Requirements
Skills:Knowledge of insurance accounting standards and regulatory requirements.Excellent analytical, strategic planning, decision making and problem-solving skills.Strong leadership and team management skills.Exceptional communication and interpersonal abilities.Organizational and time management skills.Ability to work well as part of a team.Attention to detail and commitment to excellence.Honesty and solid Business Ethics.Ability to Multi-task and meet a constant stream of deadlines.Education & Experience:Bachelor's degree in Accounting or Finance (MBA and/or CPA preferred).Minimum 7-10 years experience in financial management and general accounting.Proven experience in financial leadership roles.Understanding of financial and accounting standards and regulations.Strong financial analysis with the ability to communicate with executives.Advanced knowledge of Microsoft Excel.Company Description
IMA is a team of dedicated individuals that work hard to provide each customer the best service while educating them on insurance products that would benefit them the most. We are always looking for talented individuals who want to succeed in the insurance industry. If you are willing to learn and looking for a rewarding career opportunity, then we encourage you to apply today.
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The Vice President of Finance & Administration reports to the President and CEO and is responsible for overseeing all Financial Operations, Strategic Planning and Administrative duties as well as providing Financial Leadership to the Executive Team.Salary:
$120,000.00 - $150,000.00 per yearBenefits
Annual Base Salary Based on ExperiencePaid Time Off (PTO)Health InsuranceDental InsuranceVision InsuranceLife InsuranceDisability InsuranceMon-Fri ScheduleCareer Growth OpportunitiesRetirement PlanResponsibilities
FINANCE Responsibilities:Manage a team of 2 Accountants.Responsible for all Financial Operations including Financial Statement Preparation and Analysis, Budgeting, Forecasting, Cash Flow, Debt Management, Taxes, Payroll, 401k, Accounts Receivable, Accounts Payable, Fixed Assets, Account Reconciliations, Bank Reconciliations and Year-End Audit.Prepare financial reports monthly, quarterly and annually for both internal and external purposes.Manage relationships with CPA firm, Bank, Vendors and Department Heads.Involved with Strategic Planning for the company's business objectives and growth plans.Participate on the Executive Leadership Team.Ensure compliance with GAAP accounting standards and regulatory requirements.Optimize the allocation of resources to maximize efficiency and profitability.Stay informed about industry regulations and ensure the firm's compliance with all relevant financial and insurance regulations. Establish and maintain relationships with regulators as needed.Foster a culture of accountability, transparency, excellence, collaboration and continuous improvement.ADMINISTRATION Responsibilities:Manage Systems & Technology department (1 Direct Report).Manage Operations department (1 Direct Report and 2 Team Members).Responsible for Human Resource issues relating to administrating the company's 401k plan, Employee Benefits for Health, Dental, Vision, Life, PFML, LTD, FSA and PTO records and Employee Personnel Files.Requirements
Skills:Knowledge of insurance accounting standards and regulatory requirements.Excellent analytical, strategic planning, decision making and problem-solving skills.Strong leadership and team management skills.Exceptional communication and interpersonal abilities.Organizational and time management skills.Ability to work well as part of a team.Attention to detail and commitment to excellence.Honesty and solid Business Ethics.Ability to Multi-task and meet a constant stream of deadlines.Education & Experience:Bachelor's degree in Accounting or Finance (MBA and/or CPA preferred).Minimum 7-10 years experience in financial management and general accounting.Proven experience in financial leadership roles.Understanding of financial and accounting standards and regulations.Strong financial analysis with the ability to communicate with executives.Advanced knowledge of Microsoft Excel.Company Description
IMA is a team of dedicated individuals that work hard to provide each customer the best service while educating them on insurance products that would benefit them the most. We are always looking for talented individuals who want to succeed in the insurance industry. If you are willing to learn and looking for a rewarding career opportunity, then we encourage you to apply today.
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