Senior Director, Financial Accounting & Reporting

Leads the accounting, financial reporting, and financial analysis functions and other analyses for assigned LOB. Supports projects and other strategic initiatives across assigned LOB entities both domestic and internationally, including acquisitions and joint ventures. Works closely with the executive team in Global Accounting, Financial Budget & Controlling, Risk and Compliance.

Responsible for following applicable accounting and reporting guidance, and government and industry regulatory requirements that can withstand scrutiny and challenge. This includes ensuring policies and procedures are followed specific to the NAIC’s Model Audit Rule (MAR), including financial analysis, review of monthly, quarterly, and annual reporting

Directs the preparation and review of financial statements for assigned LOB

Acts as key point of contact for assigned LOB companies with all Finance teams and ensures timely, accurate reporting of accounting and analysis results

Develops innovative ideas and strategies to streamline reporting and disseminates information while considering both external factors (e.g. market, financial, industry) and internal factors (e.g. financial strategies and processes)

Monitors both financial and control risks for assigned LOB companies as it relates to reporting; and communicates results with external parties, including but not limited to external auditors, internal auditors, and regulators

Works directly with internal and external auditors to review, evaluate, and implements controls in process and systems specific to LOB

Reviews entries to the general ledger to ensure accuracy and compliance

with established accounting principles and procedures

Monitors and implements internal controls and new accounting guidance to ensure proper compliance and protection of company’s interests

Works cross-functionally to assist in the preparation of financial forecasts and budgets for the development of strategic business plans for the company

Recommends and implements changes in financial policies and procedures that serve the company’s needs and provides continuous quality improvements

Monitors performance of direct reports; provide prompt and objective coaching and counseling; conducts performance reviews; approves performance appraisals initiated by direct reports; and recommends salary increases

Assures effective communications are maintained within areas of responsibility; where appropriate, informs employees as to plans and progress; conducts employee discussion sessions at regular and frequent intervals

Prioritizes, assigns, and distributes work of the department personnel to ensure responsibility is at the appropriate level and team member skills are developed to support the department’s business needs

Monitors unit turnover, productivity, and overall performance to ensure adequate staffing and performance that meets department standards

Participates in the interviewing and hiring process for open positions within the department to ensure most qualified candidates are selected

Develops the unit budget, monitors expenses to ensure unit costs are within established levels

Job Specifications

Typically has the following skills or abilities:

Bachelor’s degree in related field or equivalent experience; Minimum of 3 additional years of experience related to functional area

Minimum of 6 years of management experience with responsibilities for hiring, training, assigning work, and managing performance of direct reports

Strong interpersonal skills required in dealing effectively with business partners, staff, outside auditors and vendors

Demonstrated experience in working with and influencing senior management

Excellent project management skills and experience managing multiple large projects required 

In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and the NAIC’s Model Audit Rule (MAR)

Superior analytical skills

Proven track record of influencing constituents for optimal results

Excellent organizational skills, detail-oriented, and ability to multitask

Ability to elevate the perception of our corporate brand and our company

Flexible and able to quickly and effectively change priorities and direction

Excellent verbal and written communication skills

Excellent organizational and planning skills

Clean credit history as reported by credit report

Working Conditions

The working environment is generally favorable, lighting and temperature are adequate and there are no hazardous or unpleasant conditions caused by noise, dust, etc.

The above information on this description had been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job grade.

For roles that are remote (i.e., Work From Home (WFM)) or hybrid (i.e., partial onsite at a VSP location and WFM), must demonstrate a high level of engagement in virtual environments, including maintaining camera presence during meetings to support effective communication and team alignment

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Compensation range for the role is listed below. Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. As a part of the compensation package, this role may include eligible bonuses and commissions. For more information regarding VSP Vision benefits, please click here. 

Salary Ranges: $126,000.00 - $191,625.00

Unincorporated LA County Residents: Qualified Applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws.

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