Finance Supervisor jobs in Massachusetts

Finance Supervisor is responsible for the supervision of finance professionals. Oversees the collection and analysis of financial information for an organization. Being a Finance Supervisor monitors the creation of monthly, quarterly, and annual reports and ensures financial information has been recorded accurately. May require a bachelor's degree. Additionally, Finance Supervisor typically reports to a manager or head of a unit/department. The Finance Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Finance Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)

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Runoff Operations Finance Supervisor
  • ClickJobs.io
  • Abington, MA FULL_TIME
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

    Summary:

    The Waltham, MA Runoff Operations Finance Supervisor oversees and performs general accounting and/or finance activities in compliance with established policies, practices, and procedures to ensure that the underlying books and records of the company accurately reflect the business results. This position requires advanced knowledge of finance procedures within Runoff Operations (discontinued lines business) including, but not limited to, accounts payables, accounts receivables, cash management, collections, general ledger, and financial reporting.

    This position is responsible for analyzing the Runoff Operations quarterly and annual reporting, which includes the NAIC Schedule F reporting. This position also oversees the Runoff Operations accounts receivable and payable functions. This position is also responsible for the recovery of all direct casualty reinsurance collections. The supervisor works with internal as well as external entities to provide information, track progress, and resolve issues.

    This position keeps the Run-Off Operations Finance Manager apprised on overall matters, team performance, staff, and any related issues. The Runoff Operations Finance Supervisor also responds to specific manager inquiries with accurate, detailed information as requested.

    Schedule & Location:

    This position is full-time based on-site in Waltham, MA. This position is eligible for one remote day per week on either Tuesday or Friday, based on business needs. Hours are flexible ranging from 6:30 AM - 3:00 PM to 9:00 AM - 5:30 PM, also based on business needs.

    • Oversees daily discontinued lines operational, accounting, and finance activities, which may include finance-related cash management, collections, business related financial reporting, preparation of financial reports, or processing of financial transactions to ensure that the underlying books and records of Runoff Operations accurately reflect the business results and to provide management with accurate information in a timely manner
    • Works with insurance brokers and reinsurers to maximize discontinued lines recoveries/collections and resolve complex matters to reduce yearly Schedule F penalties
    • Coordinates with Runoff Operations accounting staff and finance management, as well as external partners/vendors/customers (as required) to resolve complex or non-routine issues escalated by subordinates; resolution may include troubleshooting system issues within a specific area of technical expertise with potential for further escalation to technical support as necessary based upon the nature of the problem
    • Conducts analysis of discontinued lines financial information or transactions to aid in the understanding of specific accounts/transactions or identify issues or improvements to work processes
    • Implements changes to Runoff Operations Finance policies, processes, and procedures based upon guidance from Runoff Operations finance manager
    • May participate in projects or on-going initiatives to implement system upgrades or enhancements
    • Provides support to corporate office accounting as requested by answering inquiries and explaining processes and procedures as they pertain to the operations of Runoff Operations/discontinued lines
    • Develops and leads a small staff of accountants and/or accounting associates/clerks, providing professional development opportunities for staff members to improve capability
    • Manages performance based upon job accountabilities as well as individual, division, and corporate objectives
    • Provides appropriate feedback on performance to subordinates and performs annual performance evaluations

    Required Education:

    • Bachelor’s degree in Accounting or Finance

    Highly Preferred Education:

    • Master’s degree in Accounting or Finance
    • Professional certification (CPA, CMA, CIA, CISA)

    Required Work Experience:

    • 5 years of related experience within finance and/or accounting
    • Leadership and supervisory experience

    Highly Preferred Work Experience:

    • Insurance/Reinsurance experience specifically in discontinued lines operations

    Required Skills:

    • Advanced knowledge of Generally Accepted Accounting Principles and Statutory Accounting Principles Advanced accounting/finance skills within discontinued lines area of expertise (i.e., payables, receivables, cash management, general ledger, reporting, etc.)
    • Proficiency with financial systems and standard software applications (specifically PeopleSoft, Microsoft Office, and OnBase)
    • Excellent communication
    • Interpersonal and team leadership skills
    • Results driven
    • Ability to motivate others in a deadline driven environment
    • Intermediate analytical thinking and problem-solving skills

    Highly Preferred Skills:

    • Advanced knowledge of insurance and reinsurance business
    • Knowledge of Sapiens Reinsurance Pro or other claim system experience
    • Knowledge of discontinued lines business

    The hiring range for this position is $88,400-$127,100 annually. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

    FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
  • 3 Days Ago

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Runoff Operations Finance Supervisor
  • Factory Mutual Insurance Company
  • Waltham, MA FULL_TIME
  • Overview FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property ins...
  • 10 Days Ago

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Finance and Operations Manager -- Remote | WFH
  • Get It Recruit - Finance
  • Arlington, MA FULL_TIME
  • About UsWe are a mission-driven non-profit organization dedicated to providing affordable services in energy, climate, environment, and social equity. Our team serves public interest clients, includin...
  • 4 Days Ago

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Finance and Operations Manager -- Remote | WFH
  • Get It Recruit - Finance
  • Somerville, MA FULL_TIME
  • About UsWe are a mission-driven non-profit consulting group dedicated to serving public interest clients, including environmental and social advocacy groups and agencies. Our organization, which opera...
  • 7 Days Ago

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Finance Analyst / Senior Finance Analyst
  • Harmonic Finance Inc ™ | Certified B Corp
  • Boston, MA FULL_TIME
  • Finance Analyst / Senior Finance Analyst | Rapid Growth PE Backed SaaS Scaleup | (Hybrid)Harmonic is excited to partner with a hyper-growth, PE-backed SaaS scaleup who's established themselves as a go...
  • 3 Days Ago

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Manager, Finance Operations-Compliance -- Remote | WFH
  • Get It Recruit - Finance
  • Norwood, MA FULL_TIME
  • About UsWe are a leading health and wellbeing organization dedicated to delivering personalized healthcare experiences to our communities. At our core, we embrace the rich legacy of our founding organ...
  • 8 Days Ago

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Commercial Finance Supervisor
  • Hiring Now!
  • Massillon, OH
  • Shearer's is a leading contract manufacturer and private label supplier in the snack industry in North America. Headquar...
  • 6/11/2024 12:00:00 AM

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Finance Supervisor
  • Ringside Talent
  • Vandalia, OH
  • We are looking for a Finance Supervisor to work for our client. The ideal candidate aligns with the responsibilities and...
  • 6/10/2024 12:00:00 AM

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Runoff Operations Finance Supervisor
  • FM Global
  • Lancaster, MA
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000...
  • 6/10/2024 12:00:00 AM

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Runoff Operations Finance Supervisor
  • FM Global
  • Millis, MA
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000...
  • 6/10/2024 12:00:00 AM

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Runoff Operations Finance Supervisor
  • FM Global
  • Roslindale, MA
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000...
  • 6/10/2024 12:00:00 AM

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Runoff Operations Finance Supervisor
  • FM Global
  • Waltham, MA
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000...
  • 6/10/2024 12:00:00 AM

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Finance Supervisor
  • Creative Financial Staffing
  • New York, NY
  • Finance Supervisor About the Company- Finance Supervisor CFS is working with global insurance and reinsurance company th...
  • 6/8/2024 12:00:00 AM

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Finance Supervisor
  • Creative Financial Staffing
  • New York, NY
  • Finance Supervisor About the Company- Finance Supervisor CFS is working with global insurance and reinsurance company th...
  • 6/8/2024 12:00:00 AM

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Finance Supervisor jobs
$116,763 to $158,826

Finance Supervisor in Greensboro, NC
Have you worked as a Finance Supervisor? Help other job seekers by rating your experience as a Finance Supervisor.
January 01, 2020
Finance Supervisor in Jackson, MS
Due to continued development, they now have a gap for a part qualified Finance Assistant to join their team in this high profile role, working with the wider business.
December 30, 2019
Finance Supervisor in Alamogordo, NM
You will report directly to the Director of Finance and will be responsible for overseeing all facets of the corporate strategic financial analysis, budgeting and forecasting activities.
December 31, 2019