Job Description:
An equity firm is seeking a Controller for their insurance platform. The Controller will have the opportunity to build and shape the financial foundation of a rapidly growing insurance platform. This role oversees all accounting operations, financial reporting, and internal controls while helping establish the processes, systems and governance needed to support continued expansion. This is a highly visible role that offers the chance to influence the company’s growth trajectory from the ground up. The controller will lead the development of consolidated financial reporting across a growing portfolio of acquired agencies, drive financial integration efforts, and provide the insights and rigor needed to support strategic decision-making. Beyond managing day-to-day accounting activities, the controller will play a key role in centralizing back-office functions, improving operational efficiency and creating scalable financial processes that can support future acquisitions. For an executive who enjoys building, transforming and creating structure within a high-growth environment, this role presents a unique opportunity to leave a lasting impact on the organization’s long-term success. This is a retained search.
Responsibilities:
• Oversee all accounting and payroll systems and functions across the holding company and its portfolio companies, while managing banking relationships, cash flow, payroll processing, and employee benefits, including health plans and 401(k). Lead the monthly and annual close processes, including the preparation and review of financial statements, workpapers, general ledger analysis, accounts payable and receivable, and account reconciliations.
• Lead the financial integration of newly acquired companies, including converting financials from cash to accrual basis where needed. Play a key role in implementing a consolidated financial system that supports the company’s broader rollup strategy.
• Partner with external consultants on revenue recognition, purchase accounting, audits, and tax preparation, while ensuring compliance with GAAP and all applicable federal, state, and local regulatory requirements. Develop and refine accounting policies and procedures, review and implement effective internal controls, and oversee internal audits to ensure compliance and efficiency.
• Design and maintain the organizational structure of the accounting team to effectively achieve company goals, while driving continuous improvement initiatives across the department.
• Mentor, develop, and manage a highly productive team.
Requirements:
• 10+ years of progressive accounting and finance experience, with deep expertise in insurance accounting and P&C financial operations
• Prior experience in an insurance agency environment, with a strong understanding of independent agency operations and workflows
• Experience working with independent agents and navigating their operational and financial dynamics
• Proven experience consolidating financial data across multiple entities, including building expense allocation methodologies
• Strong understanding of trust accounting and restricted cash, including designing reporting systems to support these areas
• Experience with AMS360 or similar agency management systems used in independent insurance agencies
• Bachelor’s degree required; CPA (preferred)