Overview of Position

The Financial Controller is responsible for the management of all Puerto Rico’s accounting and financial reporting matters under US GAAP and STAT and for maintaining strong internal controls in these areas.

What will be my duties and responsibilities in this job?

Ensure Puerto Rico accounting and reporting matters are accounted for in accordance with US GAAP and adheres to Assurant’s accounting policies (30%)

• Provide accounting teams with US GAAP guidance on Puerto Rico accounting and financial reporting matters, including issues, new/existing deals, M&A transactions, etc.

• Implement a formal process for identifying and reviewing Puerto Rico contracts with business partners.

• Work with Puerto Rico business teams to gain an understanding of contracts and evaluate key accounting implications.

• Perform technical accounting research, draft and/or review accounting memos consistent with US GAAP and Assurant’s accounting policies for significant Puerto Rico accounting issues and contracts.

• Partner with the International Accounting and technical accounting teams as needed to resolve Puerto Rico issues and finalize deal reviews.

Ensure the accurate, timely and high-quality submission of internal and external reporting for both STAT and US GAAP across Puerto Rico (30%)

• Assume ownership of all aspects of Puerto Rico’s financial statement close process for both US GAAP and STAT. Coordinate with cross-functional teams, plan closing activities and ensure all US GAAP and STAT reporting deadlines, are met.

• Review Puerto Rico’s quarterly financial reporting deliverables, including variance analysis and support for Assurant’s consolidated financial statements.

• Partner with Finance and country leader to review and understand Puerto Rico’s key business drivers on a quarterly basis.

• Manage Puerto Rico’s internal and external audits (US GAAP and STAT), ensuring progress is being made, issues are raised, and remediation actions are completed, in order to strengthen internal controls.

• Ensure Puerto Rico accounts are reconciled in accordance with Assurant’s policy.

• Certify Puerto Rico’s quarterly results are accurate and in accordance with US GAAP.

• Support efforts to improve the close process for Puerto Rico.

Provide Puerto Rico support for global accounting initiatives and special projects (20%)

• Support the GFS project (migration to a Global ERP), provide Puerto Rico accounting perspective and participate in key workstreams for Puerto Rico to ensure the project is progressing as planned and key stakeholders are engaged.

• Support transformation efforts in Puerto Rico, including identifying higher risk manual processes and make recommendations for process improvements, develop plan/framework with business partners and work on resolutions.

• Support integration efforts as part of connecting accounting teams globally to develop consistent accounting application, improve process flows and share best practices worldwide

Manage Puerto Rico accounting teams and partner with International Accounting, local Finance leadership and other key stakeholders effectively. (20%)

• Manage the Puerto Rico accounting team and provide development and coaching for direct reports. Employ strategies to attract and retain talent in the team.

• Evaluate Puerto Rico’s accounting team and organizational structure, assess gaps and other developmental opportunities on team's both current and future needs.

• Identify and raise Puerto Rico accounting and financial reporting issues to key stakeholders, including the LATAM Controller, Puerto Rico CFO and International Accounting team in the US, on a timely basis. Ensure key stakeholders remain appraised of developments on issues and deals relating to the Puerto business.

Responsibility for the work of others

• Total direct reports: one Finance Manager

• Total employees in reporting line:  16

What are the requirements needed for this position?

Education:

• College degree in accounting, plus CPA, chartered accountant or equivalent designation required: CPA / ACA / ACCA / CIMA

Experience:

• Minimum of 5 years of experience in a Controllership or Accounting/Finance leadership role

• Effectively managing teams in different locations

Knowledge and Skills:

• Strong US GAAP, Statutory and Regulatory knowledge

• Strong leadership skills

• Knowledge of insurance accounting principles

• Excellent verbal and written communication skills (Spanish a plus)

• Strong skills in Microsoft Office

• Comfortable working with senior stakeholders

• Ability to manage numerous deadlines and prioritize workload accordingly.

What other skills/experience would be helpful to have?

• Experience with ERP systems and migrations (Oracle preferred)

• Experience in preparing consolidated financial statements.

• Experience in coordinating audit processes.

• Experience in regulatory reporting.

• Advanced Microsoft Excel skills

Pay Range:

$99,200.00 - $165,600.00

Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

Expected application deadline is

10/07/2024

If date is blank then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.

Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.

What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 13 countries and awarded the Fortune America’s Most Innovative Companies recognition in 2023, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.