Director, Financial Reporting
Build the solution that transforms the real estate industry!
Want to infuse a $25B sector of the insurance and real estate industry with predictive analytics and a tech-forward customer experience? Yearning for a startup culture within a profitable nationwide company? Join States Title and send an entirely new type of real estate model into the wild.
ABOUT US:
States Title is a top 10 title and escrow provider, and through its family of companies - NATC & NATIC - is able to impact 90% of real estate transactions in the US. States Title is intelligently transforming closings by applying machine intelligence to the age-old processes and procedures in the $25B Title and Settlement industry. Making residential real estate simple and efficient, and allowing lenders to close more loans, faster, and at a lower cost.
SUMMARY:
In accordance with company objectives and guidelines, reporting practices, controls and procedures which conform to accepted accounting principles and reflects operating costs, budgets and profitability, this role will be responsible for the preparation of quarterly and annual regulatory/statutory filings, preparation of Statutory basis (STAT) financials, Statistical Reporting to various state departments of insurance, financial analysis, operational and business analysis and the participation with cross-functional teams on special projects, etc.
QUALIFICATIONS:
Education, Licenses And Certificates:
- Bachelor’s degree or equivalent in Accounting required.
- Certified Public Accountant
Experience/Training:
- Three years supervisory experience.
- Five years accounting experience.
- External reporting experience required.
- Strong knowledge of GAAP and Insurance Statutory (STAT) accounting.
- Strong financial analysis experience.
- Regulatory compliance experience required.
- Statutory compliance experience required.
Knowledge:
- Strong knowledge of GAAP and Insurance Statutory (STAT) accounting.
- Knowledge of regulatory/statutory compliance required.
- Knowledge of individual state statistical reporting to departments of insurance helpful.
- SEC knowledge helpful.
Skill:
- Strong Excel skills with array formulas, macros, PIVOT tables and other advanced functions.
- NetSuite, Smartview experience, helpful.
- FSI Oasis experience, helpful.
- Clearwater asset custodian reporting experience, helpful.
Ability:
- Ability to quickly learn the company's procedures, policies and practices.
- Ability to understand general and complex accounting operations.
- Ability to maintain confidentiality of information.
- Ability to exercise good judgment, integrity and ethics.
- Ability to interact effectively, professionally, and skillfully with other associates and management.
- Ability to exercise initiative within the guidelines of the position.
- Ability to meet multiple deadlines.
- Strong analytical skills.
- Solid and accurate math and accounting skills are essential.
- Detail oriented.
- Creative, and able to find automated solutions.
ESSENTIAL JOB FUNCTIONS/DUTIES:
The following duties are typical of those performed by associates in this job title; however, assigned duties may vary and associates may perform other related duties, and not all duties listed are necessarily performed by each associate in the job title or at a particular location.
Under general supervision:
- Utilizes generally accepted accounting principles (U.S. GAAP).
- Conversion of GAAP financials to Insurance Statutory (STAT) financials.
- Preparation of Tax Provisions under STAT to Tax Basis.
- Statistical Reporting to multiple state departments of insurance.
- Reconciliation of Claims.
- Reconciliation of Revenue.
- Preparation of various actuarial report workpapers.
- Other miscellaneous filings in numerous states.
- Analysis of financial data.
- Produces regular and requested financial and/or management reports.
- Prepares monthly, quarterly, and annual financial statements.
- Prepares regulatory filings.
- Preparation of Statutory reporting filings (e.g. Form 9 [Annual report] and quarterly forms to the National Association of Insurance Commissioners “NAIC”).
- Preparation of operational and business analysis.
- Works with cross-functional teams on special projects.
- Assistance with multiple State Audits as well as external and internal audits.