Pan-American Life Insurance Group (PALIG) is seeking a Director, GAAP Financial Reporting who will lead the corporate GAAP reporting function, including reporting for the holding company and certain subsidiaries. This role manages the corporate reporting team, contributes to management reporting, and oversees new reporting developments and requirements. Additionally, the Director will be responsible for managing the corporate reporting implementation in Workday Financials.
ESSENTIAL FUNCTIONS:
Corporate GAAP Reporting:
- Manage GAAP reporting processes for Mutual Holding Company (MHC,) INRECO, PAACII, and others.
Workday Financials Implementation:
- Oversee corporate reporting implementation in Workday Financials.
- Assist in configuring GAAP accounting processes (eliminations, consolidations, etc.).
- Maintain configurations in Workday for GAAP accounting processes.
Accounting Research & Consultation:
- Identify changes in GAAP standards and update accounting rules.
- Update GAAP financial disclosures for rule changes.
Manager Responsibilities:
- Provide strategic planning, direction, and goal setting for the department in alignment with company objectives.
- Develop leadership within the team to ensure bench strength and succession planning.
- Foster team growth and performance through coaching and development.
- Set clear expectations to empower the team to achieve departmental goals and objectives.
- Assess, evaluate, and report on the performance of assigned areas.
- Oversee personnel actions, including hiring, performance management, and terminations.
KEY REQUIREMENTS:
- Bachelor's degree in accounting
- 8 years of experience (at least 3 years in public accounting and 5 years in the insurance industry financial reporting)
- Certified Public Accountant (CPA) required
- Strong GAAP knowledge (including LDTI)
- Experience in major ERP systems like Workday to help support configuration, implementation and streamlining accounting processes, highly preferred
- Fellow, Life Management Institute (FLMI) designation preferred
- Strong problem-solving skills with a focus on process improvement and operational efficiency
- Experience managing and leading team members
Knowledge, Skills & Abilities (KSAs):
- Excellent math and computer skills
- Ability to identify issues in a foreign work environment
- Ability to manage professional staff
- Ability to manage projects
- Ability to recognize relationships between various reports and results and spot analysis trends in comparative data
- Ability to work with report-specific software as well as Microsoft Office products
What We Offer:
- Competitive compensation package (base salary & bonus)
- Comprehensive benefits including medical, dental, 401(k), paid time off, and tuition reimbursement
- Medical and dental coverage available starting the first of the month following 30 days of service
- Hybrid work opportunities
About Us:
Pan-American Life Insurance Group (PALIG) serves the life, accident, and health insurance needs of individuals and businesses across 49 U.S. states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands through its U.S.-based member companies—Pan-American Life Insurance Company and Pan-American Assurance Company.
At PALIG, our employees are our greatest asset. We value collaboration, trust, and the confidence of our policyholders. Our long-standing commitment to excellence continues to drive our success.
Pan-American Life is an Equal Opportunity Employer and a Drug-Free Workplace.
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What We Do
Since 1911, Pan-American Life has been dedicated to being the first-choice partner for top rated life, accident and health insurance and employee benefits for local and multi-national companies, as well as individuals seeking trusted financial security. Guided by the success and strength of its over 110-year history, PALIG has established a track record as one of the most financially sound insurance companies. The company’s heritage manifests a longstanding dedication to providing customers with innovative products and services to secure their future. PALIG employs more than 1,650 worldwide and provides top-rated life, accident and health insurance, employee benefits and financial services in 49 states, the District of Columbia (DC), Puerto Rico, and the U.S. Virgin Islands. The Group’s member companies offer individual and/or group life, accident and health insurance throughout the Americas in the United States, Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 13 Caribbean markets, including Barbados, the Cayman Islands, Curacao and Trinidad and Tobago. To learn more about Pan - American Life Insurance Group, visit palig.com and to join our team, visit https://www.palig.com/about-palig/careers
