Senior Director, Financial Accounting & Reporting

Job description

Leads the accounting, financial reporting, and financial analysis functions and other analyses for assigned LOB. Supports projects and other strategic initiatives across assigned LOB entities both domestic and internationally, including acquisitions and joint ventures. Works closely with the executive team in Global Accounting, Financial Budget & Controlling, Risk and Compliance. Responsible for following applicable accounting and reporting guidance, and government and industry regulatory requirements that can withstand scrutiny and challenge. This includes ensuring policies and procedures are followed specific to the NAIC’s Model Audit Rule (MAR), including financial analysis, review of monthly, quarterly, and annual reporting Directs the preparation and review of financial statements for assigned LOB Acts as key point of contact for assigned LOB companies with all Finance teams and ensures timely, accurate reporting of accounting and analysis results Develops innovative ideas and strategies to streamline reporting and disseminates information while considering both external factors (e.g. market, financial, industry) and internal factors (e.g. financial strategies and processes) Monitors both financial and control risks for assigned LOB companies as it relates to reporting; and communicates results with external parties, including but not limited to external auditors, internal auditors, and regulators Works directly with internal and external auditors to review, evaluate, and implements controls in process and systems specific to LOB Reviews entries to the general ledger to ensure accuracy and compliance with established accounting principles and procedures Monitors and implements internal controls and new accounting guidance to ensure proper compliance and protection of company’s interests Works cross-functionally to assist in the preparation of financial forecasts and budgets for the development of strategic business plans for the company Recommends and implements changes in financial policies and procedures that serve the company’s needs and provides continuous quality improvements Monitors performance of direct reports; provide prompt and objective coaching and counseling; conducts performance reviews; approves performance appraisals initiated by direct reports; and recommends salary increases Assures effective communications are maintained within areas of responsibility; where appropriate, informs employees as to plans and progress; conducts employee discussion sessions at regular and frequent intervals Prioritizes, assigns, and distributes work of the department personnel to ensure responsibility is at the appropriate level and team member skills are developed to support the department’s business needs Monitors unit turnover, productivity, and overall performance to ensure adequate staffing and performance that meets department standards Participates in the interviewing and hiring process for open positions within the department to ensure most qualified candidates are selected Develops the unit budget, monitors expenses to ensure unit costs are within established levels Job Specifications Typically has the following skills or abilities: Bachelor’s degree in related field or equivalent experience; Minimum of 3 additional years of experience related to functional area Minimum of 6 years of management experience with responsibilities for hiring, training, assigning work, and managing performance of direct reports Strong interpersonal skills required in dealing effectively with business partners, staff, outside auditors and vendors Demonstrated experience in working with and influencing senior management Excellent project management skills and experience managing multiple large projects required In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and the NAIC’s Model Audit Rule (MAR) Superior analytical skills Proven track record of influencing constituents for optimal results Excellent organizational skills, detail-oriented, and ability to multitask Ability to elevate the perception of our corporate brand and our company Flexible and able to quickly and effectively change priorities and direction Excellent verbal and written communication skills Excellent organizational and planning skills Clean credit history as reported by credit report Working Conditions The working environment is generally favorable, lighting and temperature are adequate and there are no hazardous or unpleasant conditions caused by noise, dust, etc. The above information on this description had been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job grade. For roles that are remote (i.e., Work From Home (WFM)) or hybrid (i.e., partial onsite at a VSP location and WFM), must demonstrate a high level of engagement in virtual environments, including maintaining camera presence during meetings to support effective communication and team alignment #LI-VISIONCARE Compensation range for the role is listed below. Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. As a part of the compensation package, this role may include eligible bonuses and commissions. For more information regarding VSP Vision benefits, please click here . Salary Ranges: $126,000.00 - $191,625.00 VSP Vision is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, gender, race, color, religion, sex, national origin, disability or protected veteran status . We maintain a drug-free workplace and perform pre-employment substance abuse testing. Unincorporated LA County Residents: Qualified Applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws. Notice to Candidates: Fraud Alert - Fake Job Opportunity Solicitations Used to Collect Fees/Personal Information. We have been made aware that fake job opportunities are being offered by individuals posing as VSP Vision and affiliate recruiters. Click here to learn about our application process and what to watch for regarding false job opportunities. As a regular part of doing business, VSP Vision (“VSP”) collects many different types of personal information, including protected health information, about our audiences, including members, doctors, clients, brokers, business partners, and employees. VSP Vision employees will have access to this sensitive personal information and are subject to follow Information Security and Privacy Policies.