The Vice President – Accounting will join the Central’s Finance group and will be responsible for developing, implementing, and controlling the company’s accounting and treasury functions. This role will also help formulate policy for the company and help support management decision-making.
What will you do?
Provide oversight and management of the following for Central and its insurance and non-insurance subsidiaries:
Internal and external financial reporting, Cash management and banking transactions, Federal, state and local income, premium and payroll taxes, Disbursements, Payroll and labor allocations
Maintenance of the general ledger and accounts payable system and all financial transactions, Corporate expenses budget
Serve as the lead for the following core functions:
Timely and accurate monthly close process
Draft and assemble monthly financial comparisons for sharing with the Board and Officer group
Coordinate the annual expense budgeting process in partnership with the Risk & Capital Management team
Serve as the key relationship connection point for Central to AM Best, the Ohio Department of Insurance, banking relationships, external auditors, investment portfolio managers, etc.
Active participation on various committees:
Investment Committee, Loss Reserve Committee, Pension Plan Administrative & Advisory Committees, SPP Plan Administrative & Advisory Committees
Represent Management in Board of Director Audit Committee meetings
Lead and translate company actions/priorities to the Corporate Accounting area
What experience/skills will I bring?
Bachelor’s degree in Accounting or Finance, MBA and CPA preferred
Senior-level experience in treasury, finance, or accounting-related field
Financial experience in the property & casualty insurance industry preferred
Solid understanding of investment securities
Thorough understanding of internal controls over financial reporting and separation of duties
Effectively interact with key stakeholders, auditors, examiners, and analysts
Develop and capitalize on continuous improvement ideas
Ability to develop team members and turn talent into performance
Do you live by our values of Integrity, Relationships, and Excellence?
Take responsibility for actions and outcomes
Do what you say you will do
Care, because it matters
Work as a team
Never compromise on quality
Pursue continual improvement
Service first mentality that takes initiative to serve others
About Central Insurance Companies
Who We Are
Founded as the Central Mutual Insurance Company in 1876, the Central Insurance Group of companies has evolved into a successful property and casualty group operating on a strong foundation of core values including Integrity in the way we operate our business; Relationships we develop working as a team and sharing in each other's successes; and Excellence achieved by never compromising on quality, providing superior performance, and pursuing continual improvements. Our commitment to excellence is reflected in our combined assets totaling over $1 billion and our A.M. Best rating of "A" Excellent. Central's companion stock company All America Insurance Company was established in April 1961 as an answer to the competitive pressures created by companies deviating from manual rates. Today, All America is a wholly-owned stock affiliate.
What We Do
Central writes over 350,000 insurance policies for policyholders in 24 states. We are represented by your local independent agent and we strive to conduct our business in a friendly manner. We work with your independent agent to provide you the best insurance coverage possible at a reasonable cost. Your agent's expertise, mat...ched with Central's innovative products and services, has satisfied clients' needs for over 140 years.
Where We Operate
Central's home office is located in Van Wert, Ohio, with regional offices in Atlanta, Boston, Dallas, and Van Wert, Ohio. Because we are based in a small community, we know the importance of personal, friendly service. Therefore, we aim to carefully select only the best independent agents who will provide our policyholders with exceptional customer service.
What We Believe
An insurance policy is essentially nothing more than a promise to pay for covered losses that occur to your assets. At Central, we take this promise seriously, from the minute you accept the policy, to the moment a loss occurs, and beyond. We will work with your independent insurance agent to not only meet your insurance needs, but provide you continuous quality service as long as you are a Central policyholder.