Senior Director, Assistant Controller
About the job
Position Description
Base pay is influenced by several factors including a candidate’s qualifications, relevant experience, and anticipated contributions to meet the needs of the business, along with internal pay equity and external market-driven rates. The salary range displayed has not been adjusted for geographical location. This range has been created in good faith based on information known to Capital Blue Cross at the time of posting and may be modified in the future. Capital Blue Cross offers a comprehensive benefits packaging including Medical, Dental & Vision coverage, a Retirement Plan, generous time off including Paid Time Off, Holidays, and Volunteer time off, an Incentive Plan, Tuition Reimbursement, and more.
At Capital Blue Cross, we promise to go the extra mile for our team and our community. This promise is at the heart of our culture, and it’s why our employees consistently vote us one of the “Best Places to Work in PA.”
The Senior Director, Assistant Controller is a senior finance leader responsible for building and leading a high-performing accounting organization while modernizing core accounting processes, systems, and controls. This role ensures the accuracy, integrity, and timeliness of GAAP and NAIC Statutory financial reporting while driving operational excellence across the accounting function. This position serves as the primary people leader and operating executive for accounting, translating technical requirements into repeatable, efficient, and scalable processes.
The Senior Director acts as a thought partner to the VP, Finance and Controller and plays a critical role in strengthening talent, improving close and reporting effectiveness, and advancing automation and standardization initiatives.
Responsibilities and Qualifications
- Leads, mentors, and develops a multi-layered accounting organization
- Builds leadership capability and succession planning
- Establishes clear roles, responsibilities, and performance metrics that optimizes team performance and enables individual employee development
- Recruits, develops, and retains top accounting talent, ensuring the skills and knowledge needed for a modern accounting organization are retained
- Oversees monthly, quarterly, and annual close
- Reviews journal entries, reconciliations, and reporting, ensuring compliance with relevant GAAP and NAIC Statutory Accounting Principles.
- Provides technical accounting leadership, staying up to date on technical developments within GAAP and NAIC Statutory Accounting Principles, and ensuring the appropriate adherence of internal policies to the relevant guidance
- Ensures consistent application of accounting policies
- Leads modernization of accounting operations leading to close process optimization
- Designs scalable, automated, and standardized processes that leverage the technology and tools available to the team
- Partners with Finance and IT to optimize systems and data flows, developing a strategic roadmap for the department’s development
- Champions continuous improvement
- Leads external audit execution for consolidated GAAP and stand-alone subsidiary GAAP and NAIC Statutory audits
- Oversees internal controls over financial reporting and Model Audit Rule (MAR) Compliance within the accounting organization
- Identifies and remediates risks on a proactive basis, engaging with team members across the organization to optimize risk management processes.
- Ensures regulatory compliance
Experience:
- Minimum 10 years of progressive accounting experience.
- Minimum 5 years of people leadership.
- Experience in health insurance, managed care, or regulated financial services preferred.
- Public accounting experience with big four firm preferred.
Education and Certifications:
- Bachelor’s degree required
- CPA strongly preferred
- Advanced degree preferred
Location:
This position is classified hybrid, which requires onsite work on Tuesdays and Wednesdays.
