Vice President, Chief Financial Officer

Acadia Insurance - Westbrook, ME

Full-time - Executive

Westbrook, ME

Insurance Carriers and Related Activities

About the position

As the Vice President and Chief Financial Officer at Acadia Insurance, you will play a pivotal role in the strategic leadership of the organization, ensuring the successful achievement of the company's business objectives and mission. This position is part of the senior and executive management team, where you will be responsible for creating accurate and dependable financial reporting that reflects the financial condition of the company. You will maintain an internal control environment that promotes efficient operations and ensures that assets are utilized in a manner approved by management. Your analytical skills will be crucial as you provide a thorough review of monthly financial results and maintain a highly analytic view of all company functions, fostering a bias towards action. In this role, you will plan and direct all aspects of Acadia's financial policies, objectives, and initiatives. Collaboration is key, as you will work closely with WRBC corporate and other affiliates to create and maintain evolving financial systems. You will also ensure compliance with all regulatory statutes, laws, and regulations, including state regulations, SOX, and SEC reporting requirements. Your contributions will extend to long-range planning and forecasting to maximize performance over time, as well as developing departmental and individual staff goals, measuring results, and rewarding achievements. As a leader, you will be responsible for coaching and developing employees, providing ongoing constructive feedback, and conducting regular performance and salary reviews. Retaining staff by managing responsibly and creating a positive work environment will be essential. You will keep abreast of industry developments that impact your areas of responsibility and communicate effectively with staff, both as a team and individually. Ultimately, you will oversee the overall direction, coordination, and evaluation of the Finance Department, with responsibilities that may extend beyond Acadia in support of other services organizations.

Responsibilities

• Create accurate and dependable financial reporting for the organization which adequately reflects the financial condition of the company.
• Maintain an internal control environment that promotes the efficient operation of the organization and ensures that assets are used in a manner approved by management.
• Provide analytical review of monthly financial results.
• Maintain a highly analytic view of all company functions and promote a bias towards action.
• Plan and direct all aspects of Acadia's financial policies, objectives, and initiatives.
• Work collaboratively with WRBC corporate and other WRBC affiliates to create and maintain evolving financial systems.
• Maintain a strong working knowledge of financial systems and data warehouse functionality.
• Ensure compliance with all regulatory statutes, laws, and regulations, including state regulation, SOX, and SEC reporting requirements.
• Collaborate on the long-range planning and forecasting of the company to maximize performance over time.
• Develop departmental and individual staff goals; measure results, reward achievements, or take corrective action as necessary.
• Develop employees through coaching, training, and providing ongoing constructive feedback.
• Retain staff by managing responsibly and creating a positive work environment.
• Keep abreast of industry developments that impact the area of responsibility.
• Communicate regularly and effectively with staff, both as a team and individually.
• Ensure that the company's assets are used in a manner approved by management.
• Responsible for the overall direction, coordination, and evaluation of the Finance Department.

Requirements

• Bachelor's degree with emphasis in Accounting and/or Finance.
• 15 years related experience and/or training or equivalent combination of education and experience.
• Strong project management skills.
• Strategic planning experience.
• Excellent problem-solving skills at both a strategic and functional level.
• Experience leading teams and achieving results through others.
• Strong customer orientation with excellent interpersonal communication and presentation skills.
• Experience working collaboratively with Underwriting, Operations, IT, and Actuary to improve operational efficiency.

Nice-to-haves

• Completion of or working toward CPA certification.
• Ability to attract, coach, and develop talent.
• Organizational skills to manage multiple priorities.
• Demonstrated commitment to company values and guiding principles.

Benefits

• Competitive compensation
• Paid time off
• Comprehensive wellness benefits and programs
• Employer funded health savings account
• Profit sharing
• 401k
• Paid parental leave
• Employee stock purchase plan
• Tuition assistance
• Professional continuing education