Director, Finance

.Director, Finance page is loaded## Director, Finance remote type:
Hybrid Working locations:
Jersey City, NJ United States of America time type:
Full time posted on:
Posted Todayjob requisition :
R25 1222

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
** Position Summary
** The Director of Finance will play an integral role in the organization’s expense management strategy, ensuring financial discipline and transparency across the Arch Insurance Business and Service units. This role partners closely with business leaders to provide budgeting guidance, oversee expense reporting deliverables, and drive accurate financial consolidation. The ideal candidate is a strategic thinker with strong analytical skills and a proven ability to influence decision-making through data-driven insights.
** Responsibilities and Accountabilities
** Expense Management
* Monitor and analyze expense trends, identifying opportunities for cost savings and efficiency.
* Develop and implement policies and controls to optimize expense management across departments.
* Ensure compliance with corporate expense policies and regulatory requirements.

Budgeting & Forecasting
* Partner with business leaders to prepare annual budgets and periodic forecasts, including insightful analytics to isolate trending and meaningful drivers.
* Provide actionable insights and recommendations to support financial decision-making.
* Facilitate budget reviews and variance analysis to maintain alignment with organizational goals.
* Align business’s services rendered to its expense allocations back to the sub-businesses.

Expense Reporting & Deliverables
* Oversee timely and accurate preparation of expense reports for internal and corporate stakeholders, including quarterly results packages, management discussion and analysis documents, waterfall analysis, and other management reporting documents.
* Partner with Arch Capital Services (Corporate) to define standardized reporting processes and tools to enhance visibility and accountability.
* Ensure adherence to deadlines for monthly, quarterly, and annual reporting cycles.
* Manage workflow approvals for 3rd party expense invoices and financial adjustments (accruals, expense reclasses, balance sheet liabilities, etc.)Financial Consolidation
* Lead the consolidation of financial results across multiple Business / Service units.
* Maintain accuracy and integrity of consolidated financial statements.
* Prepare analysis for management and corporate deliverables, including finance leadership reviews, executive summaries, management discussion and analysis documents, M&A integration costs, and other key deliverables.
* Collaborate with peers to ensure proper reconciliations and eliminations.

Leadership & Collaboration
* Serve as a trusted advisor to senior management on financial performance and expense strategies.
* Mentor and develop finance team members to build a high-performing organization.
* Drive cross-functional collaboration to align financial objectives with operational priorities.
** Required

Skills and Abilities

*** Strong skills in Microsoft Office Suite:
Word, Excel, PowerPoint; ability to model and create complex spreadsheets, look up tables, pivot tables, and understand/analyze the results
* Advanced proficiency in financial systems and reporting tools (e.g., Workday, Anaplan, TM1).
* Exceptional analytical, communication, and stakeholder management skills.
* Knowledge of GAAP and Statutory financial statement analysis
* Ability to improve and evaluate processes to identify opportunities for improvement
* Excellent interpersonal skills and track record of effective interactions with individuals at all levels of the organization
** Education/Experience
*** Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
* 6+ years of progressive finance experience, including leadership roles.

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