Sycamore Specialty Underwriters, LLC

Finance Controller

Troy, MI, USPosted 4 days ago

Job Description

Job Overview

We, Sycamore Specialty Underwriters, LLC, are looking for a Finance Controller to join our Finance Team. As a Finance Controller you will be responsible for the day-to-day ownership of accounting the function, including monthly close, general ledger accuracy, financial reporting, carrier payable and premium trust accounting, internal controls, and accounting process improvement.

Responsibilities

  • Own and manage the monthly close process, including close calendar, checklist discipline, recurring journal entries, balance sheet reconciliations, and timely financial reporting.
  • Maintain accuracy and integrity of the general ledger across SSU and related entities/business units.
  • Oversee and review carrier payables, premium trust accounting, producer commissions payable, unapplied cash, and related reconciliations.
  • Ensure proper accounting and documentation for MGA/wholesale insurance activity, agency-bill and direct-bill commissions, policy fees, program fees, cancellations, return commissions, and carrier reporting.
  • Serve as a key accounting owner for NetSuite, including GL structure, journal entries, bank reconciliations, reporting, period close, user roles, import templates, and process improvement.
  • Coordinate data flow and reconciliation between NetSuite, Applied Epic, BindHQ, Finys or related carrier/program systems, and banking platforms.
  • Monitor accounting systems and source-system reports to ensure accounting transactions are complete, accurate, and properly supported.
  • Ensure compliance with U.S. GAAP and, where applicable, statutory accounting principles across financial reporting responsibilities.
  • Prepare, review, and maintain audit-ready support for external audit, tax, bank reporting, covenant reporting, and internal leadership reporting.
  • Research accounting matters, prepare accounting policy memos when needed, and apply accounting guidance to company-specific situations.
  • Identify, document, and remediate process gaps, control weaknesses, reconciliation issues, and manual workarounds.
  • Maintain documentation of key accounting processes, controls, recurring close procedures, and system workflows.
  • Evaluate existing processes for opportunities to improve, automate, or standardize accounting operations.
  • Partner with the CFO, operations, underwriting, IT/data, legal, banking partners, auditors, and tax advisors on accounting matters and special projects.
  • Prepare and review journal entries, account reconciliations, financial statements, reporting packages, and supporting documentation.
  • Perform analytical reviews of financial information and escalate issues, risks, or unusual trends in a timely manner.
  • Assist in special projects to improve financial controls, reporting capabilities, system workflows, and operational efficiency.
  • Perform other duties as assigned, including in-office work as assigned or scheduled.

Supervisory Responsibilities

  • Supervise, train, mentor, and develop accounting team members, including staff and senior accountants and AP/AR personnel.
  • Review journal entries, account reconciliations, financial statement preparation, and close-related work prepared by the accounting team.
  • Establish accountability, documentation discipline, and cross-training within the accounting function.
  • Oversee treasury-related accounting workflows, banking activity, payment approvals, and coordination with banking platforms, in partnership with the CFO.

Education, Experience, Skills and Abilities

  • 7+ years of progressive accounting experience, including prior Controller, Assistant Controller, Accounting Manager, audit manager, or equivalent leadership experience.
  • CPA preferred; equivalent combination of controllership, audit, insurance accounting, multi-entity reporting, and systems implementation experience will be considered.
  • NetSuite experience strongly preferred; Applied Epic, BindHQ, Finys, or other insurance/agency platform experience a plus.
  • Experience in insurance, MGA, wholesale brokerage, agency accounting, carrier payable accounting, producer commission accounting, premium trust accounting, or related financial services environment a plus

Strong understanding of agency/MGA business models, accounting workflows, and source-system-to-GL reconciliation a plus

This position is an excellent opportunity for individuals looking to grow their careers in the insurance/financial services industry while contributing to a collaborative team environment focused on achieving excellence in underwriting practices.

The above information on this description has been designed to indicate the general nature and level of work performed. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

Sycamore Specialty Underwriters, LLC is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Job Type: Full-time

Work Location: Hybrid remote in Troy, MI 48084

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