Assistant Vice President, Controller of Finance
Davenport, IA
Full-time
Hybrid
1 month ago
About the role
BITCO Corporation, a leading provider of specialized insurance solutions is seeking an Assistant Vice President, Controller of Finance for our corporate office located in Davenport IA. With a strong national presence including 11 branch offices in 10 states, BITCO delivers tailored insurance services to specialized industries including construction, forest products and oil & gas.
This position is eligible for a hybrid work arrangement with occasional necessary business travel to BITCO office locations.
Position Summary
We are seeking a strategic and detail-oriented finance leader to oversee the day-to-day financial operations of the company. This role is responsible for managing the accounting and finance team, ensuring the accuracy and integrity of financial records, maintaining compliance with all relevant regulations, and delivering timely financial insights to support informed, strategic decision-making across the organization.
Primary Responsibilities
Qualifications
Work Environment & Physical Requirements
Benefits
This position is eligible for a hybrid work arrangement with occasional necessary business travel to BITCO office locations.
Position Summary
We are seeking a strategic and detail-oriented finance leader to oversee the day-to-day financial operations of the company. This role is responsible for managing the accounting and finance team, ensuring the accuracy and integrity of financial records, maintaining compliance with all relevant regulations, and delivering timely financial insights to support informed, strategic decision-making across the organization.
Primary Responsibilities
- Collaborate closely with the CFO and cross-functional leaders on strategic finance and accounting initiatives.
- Establishes, implements, and communicates the strategic direction of the accounting and facilities teams
- Collaborates with others in leadership to develop and meet company goals while supplying expertise and guidance on accounting matters.
- General ledger and accounting oversight – oversee the management of Accounts Payable, Accounts Receivable, Payroll, and general ledger functions.
- Oversees financial reporting processes to ensure accurate and timely closing of financial books.
- Establishes, communicates, and implements policies, practices, standards in each area of oversight.
- Implement and maintain security protocols to ensure the integrity and confidentiality of working files.
- Maintains current documentation of accounting and facilities policies and processes.
- Internal controls and compliance – responsible for overseeing the development and maintenance of internal controls to safeguard company information and assets. Ensures compliance and oversees the coordination of audit processes, both internal and external.
- Identifies, recommends, and implements new processes, technologies, and systems to improve and streamline Accounting and Facilities processes and resources.
- Ensures that departmental decisions and project plans such as those for staffing, development, organization, material efficiency, and facilities are in line with the organization’s business plan and vision.
- Participate in varying levels of long-term planning at the functional or organizational level
- Provide, review, and/or approve functional reports, cost estimates, and staffing requirements to support project planning and execution.
- Maintains knowledge of industry, technologies, and best practices for accounting and facilities.
- Perform standard supervisory responsibilities, including but not limited to the following:
- Recruits, interviews, hires, and trains employees in the department
- Oversees the daily workflow of the department.
- Provides constructive and timely performance evaluations.
- Handles discipline and termination of employees in accordance with company policy.
- As a management representative, consistently acts in the best interest of BITCO and provides leadership and communication to actively promote BITCO's mission, values, and culture.
- Other strategic and leadership duties as assigned
Qualifications
- Bachelor’s degree in Accounting or Finance required
- 8-10+ years of experience in accounting and financial management
- Reinsurance accounting experience a plus.
- Ability to analyze financial data and identify trends and opportunities
- Demonstrated attention to detail with a strong focus on accuracy in financial reporting, reconciliations, and compliance with accounting standards
- Excellent verbal and written communication
- Ability to identify and resolve accounting and financial issues
- Excellent organizational skills
- Proficient with Microsoft Office Suite or related software
- Adaptability, open-mindedness, and a drive to deliver high-quality outcomes in dynamic environments.
Work Environment & Physical Requirements
- Must be legally authorized to work in the United States
- Office environment; this position is eligible for a hybrid work schedule, as directed by manager
- Frequently sit at a desk or other work station for extended periods of time
- Occasionally lift and carry equipment and/or materials weighing up to 15 pounds
- Routinely bend, kneel, reach, see, be mobile and walk around
- Must be able to attend and perform job duties effectively both in-person and virtually, as required by manager
- Travel by air or car, as required by manager; Must have a valid driver's license
Benefits
- Competitive salary and benefits
- Paid time off and 12 paid holidays a year
- Health, dental, and vision insurance
- Company paid life insurance – 2x annual earnings
- Old Republic 401(k) Savings and Profit Sharing Plan
- Education and training opportunities
- Insurance designations encouraged with financial assistance available
- Daily two-hour flexible start and end time for 7.5-hour workday
- Employee Fitness Program
Skills
Insurance