Posted 5 days ago
Area Chief Financial Officer
AssuredPartners - Lowell, MA

Joining AssuredPartners offers you the opportunity to excel at one of the fastest growing independent companies in the industry. You will experience collaboration with a team that places value in our collective vision and culture of community, respect, and trust. While being encouraged to promote innovative ideas, you will be provided the support to make those ideas a reality. As our company continues to grow at a rapid pace, so do the opportunities for our current and future employees to learn and mentor with top leadership for continued professional and personal development. Additionally, you can count on excellent benefits, a comprehensive PTO plan & floating holidays, uncapped career growth, and the best people in the industry.

Job Summary

As a key member of the Regional Leadership Team, the Area Chief Financial Officer serves as the primary financial leader of various agencies assigned providing a proactive and strategic role to the overall management of the area/platform by supporting the Regional Leadership Team, the various Profit Center Leadership Teams and Corporate AP Leadership. The Area Chief Financial Officer will have primary day-to-day responsibility for overseeing and directing all financial and accounting related activities within the Platform, including financial planning and accounting practices to ensure timely and accurate financial reporting and budgeting practices by performing the following duties personally or through subordinate managers.

The Ideal Candidate
  • Strongly analytical in your approach, you are a financial problem solver and able to create solutions.
  • You have experience in change management and thrive in a rapid growth environment.
  • You are a balance of an excellence in business acumen with good interpersonal skills; you are a respected and likeable leader.

If this sounds like you, we invite you to keep reading and apply!

What You'll Do

Essential Duties and Responsibilities:
  • Becomes an expert of the agency management systems including (AMS360, Epic, and TAM) and can perform all transactions, reconciliations, month-end close responsibilities and financial reporting for the agencies assigned.
  • Ensures effective internal controls are implemented and the credibility of the accounting team and the monthly reported consolidated financial results are supported through the timely and accurate completion of Cadency tasks. Organizes the accounting department in a manner to ensure the completion, review and approval of assigned Cadency tasks during the month end close process to minimize potential financial reporting errors. Serves as the detail reviewer or general reviewer of certain Cadency tasks in assigned region as appropriate.
  • Ensures consolidated financial statements are properly reported in compliance with generally accepted accounting principles and applicable federal, state, and local regulatory laws and rules for financial and tax reporting. Ensures non-income tax returns related to property taxes, sales and use tax, abandoned property and surplus lines are properly completed and filed on a timely basis. Coordinates the annual third-party external audit of the Agency's regional financial statements and third party external and / or internal control audits as appropriate.
  • Partners with the various corporate and other departments within the region as appropriate to understand issues identified during due diligence and integration to ensure a smooth transition of agency acquisitions into existing operations. Ensures post-acquisition integration plan is properly implemented and partners with the local accounting representative to respond to questions and ensure policies and procedures are properly implemented. Evaluates subsequent financial performance against the pro forma and follows up on significant variances to ensure agreed upon pro forma adjustments have been properly implemented. Identifies potential opportunities to eliminate non-value-added activities or reduce costs to improve operations. Ensures the working capital adjustment and earn out computation is completed within agreed upon deadlines per the asset purchase agreement.
  • Lead liaison in any treasury integrations for new agencies or conversions of existing agency or regional bank accounts to Corporate approved banking partners. Works closely with Corporate Treasury in managing certain tasks or individuals in assigned region and gathering of information to successfully complete conversions.
  • Leads the annual budgeting process in conjunction with the Agency Presidents and Regional CFO. Evaluates the reasonableness of each profit center budget based upon forecasted new and lost business, rate and exposure changes, contingent revenue changes, the elimination of non-recurring revenue, and forecasted changes in people related costs and expenses based on past, present, and expected operations. Prepares updated forecasts for profit centers throughout the year as required.
  • Establish and maintain strong relationships with the regional and agency leadership teams to identify their needs to improve the growth and profitability of the Agency. Performs agency on-site reviews to mentor and train accounting staff and gain a deeper understanding of existing issues. Provide the leadership team with advice on financial implications of business activities and provide recommendations to strategically enhance financial performance and business opportunities.
  • Serves as the liaison between regional and agency leadership, corporate AP and the accounting department. Assumes overall responsibility for the training and development of existing accounting staff. Responds to information requests in a timely manner to ensure customer satisfaction. Ensure favorable and unfavorable financial results are communicated in a timely manner to the appropriate leaders.
  • Carries out supervisory responsibilities in accordance with the Agency's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
  • Other duties as assigned.
  • Travel is expected to minimal up to 20% in this role.

What's in it For You?

To help you make the best decision for your personal growth, it's important to us to share a glimpse of what we offer our top asset, our people:
  • Competitive base salary
  • Unlimited PTO, 10 Company Holidays, 2 Floating Holidays, 5 Sick Days, and 2 Volunteer Days
  • Health benefit options with you in mind; 5 affordable medical plan options with rates based on your salary, company paid HSA contribution with eligible HSA plan selection, 2 dental plan options offering orthodontia coverage and 3 cleanings per year, and 2 vision plan options
  • Company match 401(k) plan - 50% up to 6%!
  • Support of your fitness wellness goals! We offer up to 75% off at over 11,000 gyms and fitness centers
  • Opportunity to prioritize your mental health with 24/7 access to licensed therapists
  • Pet benefits & discounts
  • Access to our Employee-led Resource Groups (ERGs) that lend a voice to the variety of demographics represented throughout AssuredPartners

What You'll Need

  • BS in Accounting or Finance, MBA and / or CPA highly desirable with ten or more years in progressively responsible financial leadership roles preferably in the agency brokerage insurance industry.
  • Ability to read, analyze, and interpret the most complex documents. Ability to respond effectively to the most sensitive inquiries or complaints. Ability to effectively write reports or present information to upper or local management and respond to questions from groups of managers, employees, clients or vendors.
  • Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • To perform this job successfully, an individual should have knowledge of accounting software; Agency management software; Internet software; Payroll systems; Spreadsheet software and Word Processing software.

Grow, with us

AssuredPartners is committed to embracing diversity, equity and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives and contributions of all team members. AssuredPartners is bringing the best people and most diverse talent forward to drive growth, innovate and think bigger!