Director, Finance and Accounting Operations at Travelers in CT - Hartford

Job description

• At Travelers, we ensure the data supporting the company's internal and external financial reporting is accurately defined, controlled, and processed through financial systems in the most effective way to support the organization.
• In this role as a Director, you will consult with business partners on new and changing complex business requirements, such as organizational changes and mergers and acquisitions that impact multiple business areas. Partnering closely with business peers, Technology, and Operational areas, you will define, test, implement and recommend updates across all systems to meet the changing business and technology needs. You will influence leaders, stakeholders, and assigned customers on information, changes, and ongoing initiatives. In this role, you will bring deep expertise in General Ledger operations — including financial close management, journal entry controls, allocations, and ERP system administration — to ensure the integrity of financial data across the enterprise. This position will manage a team of 6.

Responsibilities

• Lead and develop the General Ledger Operations team, setting direction, managing performance, and building capability to support the company's financial reporting objectives.
• Oversee the monthly financial close process, managing key milestones and deadlines to ensure timely and accurate financial results across all business groups.
• Has oversight to ensures consistency, accuracy, timeliness, validity, and completeness of financial data.
• Review complex financial activities for supported lines of business including journal entries and account reconciliations and provide guidance to team members.
• Leverage knowledge of ongoing initiatives and its impact to approve recommendations and influence leaders to execute.
• Review and approve updates, changes, and enhancements to documentation while ensuring it meets all control standards and requirements and communicate changes to leadership.
• May certify controls in accordance with corporate standards on a quarterly or annual basis.
• Accountable for the approval and recommended updates to system tables and edits to meet business requirements and ensure data consistency across financial systems and may have oversight of the foreign currency values and rates and/or translation rules.
• Ensure accurate, complete and up to date documentation and approvals adhering to corporate standards for security access. May approve security access requests, as applicable.
• Accountable for development of project plans and engagement of project team(s).
• Perform other duties as assigned.

Requirements

• Bachelor’s Degree with business degree and eight years of professional work experience in financial, accounting, or related.
• Demonstrated people leadership experience with the ability to develop talent, manage performance, and drive team results.
• Excellent analytical skills with the ability to evaluate and understand current data and systems, find opportunities, recommend changes, and translate into business impacts.
• Excellent communication skills with the ability to influence across all levels of management.
• Advanced organization skills with the ability to manage multiple priorities simultaneously and follow through to ensure timely completion.
• Demonstrated knowledge of financial systems and operations, including data integrity, period-end close processes, and internal controls.
• Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Business Intelligence platforms (e.g., SQL).
• Five years related professional experience.

Skills

Required

• Excellent analytical skills
• Excellent communication skills
• Advanced organization skills

Benefits

• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
• The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
• Salary Range
• $114,700.00 - $189,200.00
• Target Openings
• 1