Director of Accounting POST NUMBER: 436951
Director of Accounting
Our client, a healthcare technology company focused on revolutionizing the health insurance industry with innovative no-deductible, no-copay plans, is seeking a Director of Accounting to join their team. This position offers the opportunity to work closely with the Controller to oversee accounting for the health insurance business and ensure compliance with regulatory standards. The ideal candidate will have a strong accounting background, particularly in the healthcare or insurance sector, and will be a strong leader who is passionate about driving process improvements. This is a hybrid role, requiring in-office work four days a week with the flexibility to work from home on Fridays.
Responsibilities:
- Provide expert guidance on complex accounting issues and transactions, particularly in the insurance industry.
- Stay informed on emerging accounting standards and assess their impact on the company’s financial practices.
- Interpret and apply relevant accounting policies, including ASC 944 and IFRS 17, to insurance transactions.
- Lead the development and implementation of accounting policies and procedures for the insurance operations.
- Ensure compliance with Model Audit Rule (MAR) and manage the implementation and maintenance of systems to support MAR compliance.
- Manage the audit process, liaising with external auditors on all audit-related issues.
- Collaborate cross-functionally to resolve any MAR-related issues or concerns.
- Leverage industry knowledge to improve financial reporting and ensure compliance with industry standards.
- Stay updated on regulatory changes affecting the insurance sector and apply these changes to accounting practices.
- Utilize experience with Sarbanes-Oxley (SOX) compliance to strengthen internal controls and reporting processes.
- Coordinate with internal and external auditors to complete SOX and MAR audits successfully.
- Work with finance, legal, and other departments to ensure accurate financial reporting and timely completion.
- Provide training and guidance to team members on technical accounting matters.
- Manage additional projects as assigned.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field; CPA certification required.
- Big Four or large regional experience strongly preferred.
- Technical accounting and research experience, with insurance industry experience considered a plus.
- In-depth knowledge of US GAAP and experience with complex accounting issues.
- Familiarity with Model Audit Rule (MAR) and Sarbanes-Oxley compliance.
- Strong analytical, problem-solving, communication, and leadership skills.
- Highly organized with the ability to thrive in a dynamic, fast-paced environment.
Compensation:
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure: $150K - $180K per year.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.