Assistant Vice President, Finance & Accounting
Job Description:
• Lead the accounting and finance operations supporting EXL’s Life & Annuity TPA services, including general ledger activities, reconciliations, journal entries, and financial reporting.
• Oversee daily, weekly, and monthly bank account and trust account reconciliations associated with policyholder funds and client accounts.
• Manage accounting for premium receipts, disbursements, policyholder transactions, and settlement activity.
• Ensure accurate general ledger maintenance, financial close processes, and reporting integrity.
• Oversee preparation and filing of required federal and state tax reporting, including 1099-R, withholding reporting, and tax remittances.
• Ensure compliance with insurance regulatory requirements, accounting standards, and client contractual obligations.
• Serve as a subject matter expert on tax and financial regulatory requirements impacting life insurance and annuity products.
• Support internal and external audits, including SOC1, regulatory examinations, and client audits.
• Develop and maintain robust financial controls, reconciliation procedures, and accounting governance frameworks.
• Partner with Risk, Compliance, and Internal Audit teams to ensure adherence to internal control standards and operational risk frameworks.
• Monitor and resolve financial exceptions, variances, and operational anomalies.
• Serve as a finance leader for client relationships, supporting financial discussions, reporting, and operational improvements.
• Represent EXL’s finance capabilities in client presentations, implementations, and prospective engagements.
• Partner with Implementation teams to support financial onboarding of new client blocks and conversions.
• Identify opportunities to improve financial processes through automation, analytics, and digital tools.
• Drive process improvements leveraging data analytics, automation, and financial technology solutions.
• Collaborate cross-functionally with Operations, Technology, and Product teams to enhance scalability and efficiency.
• Lead, develop, and mentor accounting professionals while building strong bench strength within the organization.
• Foster a culture of accountability, continuous improvement, and operational excellence.
• Establish performance goals and coaching frameworks for team development.
Requirements:
• Bachelor’s degree in Accounting, Finance, or related field
• 7–10+ years of accounting or finance experience, preferably in insurance or financial services
• 3–5+ years of leadership or supervisory experience
• Strong understanding of general ledger accounting, reconciliation processes, and financial controls
• Experience with insurance or financial services regulatory reporting
• Excellent verbal and written communication skills
• Demonstrated ability to lead cross-functional initiatives and influence stakeholders
• Advanced analytical and problem-solving skills
• Ability to prepare and present executive-level financial presentations
• Ability to operate in a fast-paced environment and manage competing priorities.
Benefits:
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• Lead the accounting and finance operations supporting EXL’s Life & Annuity TPA services, including general ledger activities, reconciliations, journal entries, and financial reporting.
• Oversee daily, weekly, and monthly bank account and trust account reconciliations associated with policyholder funds and client accounts.
• Manage accounting for premium receipts, disbursements, policyholder transactions, and settlement activity.
• Ensure accurate general ledger maintenance, financial close processes, and reporting integrity.
• Oversee preparation and filing of required federal and state tax reporting, including 1099-R, withholding reporting, and tax remittances.
• Ensure compliance with insurance regulatory requirements, accounting standards, and client contractual obligations.
• Serve as a subject matter expert on tax and financial regulatory requirements impacting life insurance and annuity products.
• Support internal and external audits, including SOC1, regulatory examinations, and client audits.
• Develop and maintain robust financial controls, reconciliation procedures, and accounting governance frameworks.
• Partner with Risk, Compliance, and Internal Audit teams to ensure adherence to internal control standards and operational risk frameworks.
• Monitor and resolve financial exceptions, variances, and operational anomalies.
• Serve as a finance leader for client relationships, supporting financial discussions, reporting, and operational improvements.
• Represent EXL’s finance capabilities in client presentations, implementations, and prospective engagements.
• Partner with Implementation teams to support financial onboarding of new client blocks and conversions.
• Identify opportunities to improve financial processes through automation, analytics, and digital tools.
• Drive process improvements leveraging data analytics, automation, and financial technology solutions.
• Collaborate cross-functionally with Operations, Technology, and Product teams to enhance scalability and efficiency.
• Lead, develop, and mentor accounting professionals while building strong bench strength within the organization.
• Foster a culture of accountability, continuous improvement, and operational excellence.
• Establish performance goals and coaching frameworks for team development.
Requirements:
• Bachelor’s degree in Accounting, Finance, or related field
• 7–10+ years of accounting or finance experience, preferably in insurance or financial services
• 3–5+ years of leadership or supervisory experience
• Strong understanding of general ledger accounting, reconciliation processes, and financial controls
• Experience with insurance or financial services regulatory reporting
• Excellent verbal and written communication skills
• Demonstrated ability to lead cross-functional initiatives and influence stakeholders
• Advanced analytical and problem-solving skills
• Ability to prepare and present executive-level financial presentations
• Ability to operate in a fast-paced environment and manage competing priorities.
Benefits:
Apply tot his job
Apply To this Job