Director of Financial Accounting

The Director of Financial Accounting ("Director") will report to the Chief Accounting Officer and assume leadership of Lockton's corporate, enterprise and financial accounting and reporting functions. S/he will supervise three direct reports and a total employee populace of 11 individuals. Immediate, short term objectives for this person will be; (1) lead the global annual financial statement audit for the fiscal year ended April 30, 2023; (2) streamline preparation of the monthly consolidated management reporting pack; and (3) support in-flight process improvement initiatives.

Duties and responsibilities for the position include the following:

• Direct and oversee the monthly, quarterly, and annual consolidated financial reporting process including applicable footnote disclosures.
• Direct and oversee the preparation and distribution of all periodic consolidated financial statements for internal management and external use.
• Ensure reports, filings and documentation comply with the company's policies, professional standards, and GAAP reporting guidelines.
• Confirm entries, transactions, and accounts are accurately and properly consolidated and included in internal and external financial statements.
• Direct and oversee accounting support for certain operating entities, including US Reinsurance, Transaction Liability, and US Shared Services.
• Direct and oversee centralized accounting functions, including fixed assets, leases, and company insurance as well as accounting for Lockton's Insurance Captive.
• Advise management of trends and changes in reporting requirements and recommend best approach for any changes in reporting.
• Coordinate the annual global financial statement audit process, as well as annual audits for certain US operating subsidiaries.
• Direct the on-going review and documentation of the company's accounting policies for GAAP standards.
• Train, schedule, assign, supervise, and evaluate the work performance of assigned staff.

• A Bachelor of Science in accounting is mandatory, a CPA preferred.
• A minimum 8 years of public or 10 years of public/private accounting experience will distinguish more sought-after prospects.
• Unquestionable technical abilities of current financial and accounting rules, laws, and regulations.
• Advanced knowledge and understanding of GAAP-basis financial reporting requirements is a given.
• A background originating from a global enterprise of similar size and scope is anticipated - complete with a working knowledge of IFRS standards, or equivalent, will be a plus.
• Although insurance industry knowledge and understanding will be helpful, it is not required. However, financial services industry background will be highly preferred.
• A demonstrated background in establishing long and short-term goals, objectives, and priorities in accordance with the overall mission and strategic plan of the company is anticipated.
• Strong analytical skills.
• Strong leadership and managerial skills and ability to work in a team environment - a good identifier and developer of talent.

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