Assistant Vice President, Financial Controls

Summary

Join Fortitude Reinsurance Company Ltd. as an AVP, Financial Controls Specialist and play a key role in establishing and maintaining the company's Internal Control over Financial Reporting (ICFR) Program. This role ensures compliance with SEC, SOX, and MAR standards. You will lead the development and integration of Bermuda Monetary Authority (BMA) financial reporting requirements into the ICFR Program. Partner with the business to continuously improve the ICFR Program, manage the annual program, and identify opportunities for innovation and efficiency through automation. This position requires significant interaction with senior leadership across various departments. The successful candidate will have a strong background in the Life & Annuities industry and a deep understanding of US GAAP and US Statutory Accounting Principles.

Requirements

• Bachelor’s degree or higher in accounting
• CPA, Chartered Accountant or equivalent
• Six (6) or more years of experience in the Life & Annuities industry, with a focus on public companies
• Strong understanding of and ability to apply relevant US GAAP and US Statutory Accounting Principles and reporting requirements
• Clear and professional verbal and written communications
• Strong interpersonal, collaborative and conflict resolution skills
• Ability to effectively design and present information to senior management, auditors and business partners
• Ability to define problems, collect data, establish facts and draw conclusions
• Agility and ability to work effectively both as part of a team and independently
• Keeps current on best practices and latest thinking regarding processes and controls

Responsibilities

• Lead certain areas of the annual ICFR Program risk assessment and scoping process including monitoring of significant changes and evaluating and reporting identified control deficiencies
• Partner with the Business to support the remediation of significant deficiencies and material control weaknesses and external auditors in the public company readiness assessments
• Engage with internal and external auditors in the execution of their work, to promote efficiencies through increased reliance on internal controls
• Develop ICFR Program communications for key stakeholders including the ICFR and Audit Committee
• Assist in the development and implementation of the internal controls testing function, including establishing protocols for testing of financial reporting controls, ongoing monitoring and overseeing the remediation of deficiencies identified
• Seek uniformity and automation of controls across the Company through efficient use of financial systems and innovative technology to enhance and continuously improve the design and effectiveness of controls, including efficiencies in the documentation, assessment, and testing of controls
• Supports our core values by communicating and teaming effectively across different cultures and levels within the organization

Benefits

• Annual bonus based on company and individual performance
• Generous benefits package