Role Summary
Lead accounting role within the Accounting Shared Service Organization responsible for the Corporate Owned Life Insurance (COLI) business. Position is responsible for liaising with various business partners and coordinating close cycles with a global service provider to complete US GAAP, Statutory Blue Book and internal management requirements within a strong control environment. Candidate will independently support various enterprise projects as well as lead continued process enhancement. Candidate must be comfortable working in a cross-functional matrixed reporting structure interacting with varying levels of management across the enterprise.
Responsibilities
Form strong partnerships with IT operations, tax, actuarial, finance, and audit (internal & external) areas to facilitate strong accounting compliance. Troubleshoot and work to bring finality to issues affecting financial reporting and controls, and to keep apprised of new issues/products that may affect financial reporting results.
Contribute to the Accounting Shared Services Organization success by driving efficiency, creating capacity and embracing new responsibilities.
Supervise, train and develop Accounting Staff including global service providers. Manage and ensure active participation by team in the performance management process.
Responsible for Corporate Owned Life Insurance (COLI) Accounting. Includes monthly, quarterly, and annual close responsibilities. This includes all GAAP, STAT journal entries, balance sheet reconciliations, ledger analysis and intercompany analysis.
Responsible for all P&L and balance sheet reporting and analysis.
Maintain a well-designed and effective internal control environment. Perform quarterly and year end Sarbanes-Oxley and Model Audit Rule compliance responsibilities.
Deliver process improvements utilizing robotics, and other automation tools that drive enhanced operational efficiency that eliminate complex manual processes.
Provide Accounting subject matter expertise and support as needed to support Accounting and Finance Organization initiatives.
Lead and/or support other special projects, as assigned by management, or as deemed necessary to support departmental, divisional, and company priorities and business objectives.
Qualifications
Degree in Accounting is required, CPA or MBA a plus.
Minimum of five years professional experience and prior supervisory experience required. Prior general ledger accounting and financial reporting experience also required.
Insurance industry experience is desired.
Proficient in supervising staff of diverse experience levels, and customize supervisory style to optimize employee productivity and morale.
Thrives working in a fast-paced environment with tight deadlines. Overtime required, particularly during the quarter end and year end closing process.
Cultivates strong relationships with operational matrix partners. Can clearly communicate accounting information/requirements in a format easy to absorb by non-accountants.
Possesses a strong working knowledge of current GAAP, Statutory Accounting Principles, Sarbanes-Oxley and Model Audit Rule requirements.
Possesses strong analytical skills to effectively and efficiently interpret and evaluate financial results.
Experienced in the design and evaluation of internal controls over financial reporting.
Currently possesses Intermediate or Advanced Microsoft Excel skills. Can also demonstrate proficiency in Microsoft Office software. Experience with Oracle general ledger software a plus.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About The Cigna Group
Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.