POSITION SUMMARY
The Director of Finance is responsible for posting, balancing, and reconciliation of the general ledger. They are responsible for preparation of financial statements and reconciliation of bank accounts.
PRINCIPAL DUTIES & RESPONSIBILITIES
• Research, maintain and implement financial accounting systems, software, and business processes.
• Manage financial reporting, state and regulatory compliance filings.
• Responsible for the preparation of accurate and timely financial reports in accordance with statutory accounting practices.
• In charge of audit requests from external auditors and DOI.
• Assists the Vice President – Finance in various matters concerning the Accounting department operations.
• Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
• Research new accounting pronouncements and their impact.
• Manage financial audits and Department of Insurance examinations.
• Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
• Manage the development and implementation of new procedures and features to enhance the workflow of the department.
• Manages hiring, training, counseling, termination and performance appraisals of Accounting personnel.
• Advises Accounting department staff regarding the handling of non-routine reporting transactions.
• Assists in the annual budget preparation and analysis.
• Review, approve and sign general expenses, manual premium refunds, manual commission and claim checks.
• Support the Vice President - Finance with special projects and workflow process improvements.
EDUCATION & EXPERIENCE
• Bachelor’s degree or equivalent in Accounting.
• 7 to 10 years of experience in a senior level finance or accounting position.
• Strong organizational skills, attention to detail, ability to prioritize and meet deadlines.
• Excellent oral and written communication skills.
Top Skills
California FAIR Plan Association Los Angeles, California, USA Office
725 S Figueroa St, Suite 3900, Los Angeles, California , United States, 90017
Similar Jobs
What you need to know about the Los Angeles Tech Scene
Key Facts About Los Angeles Tech
- Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
- Key Industries: Artificial intelligence, adtech, media, software, game development
- Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
- Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering