Job Summary

The Vice President of Finance is a member of senior management who assists the Chief Financial Officer (“CFO”) with formulating, implementing and management of FBHP’s finances, including accounting, investments, departmental budgets, operational information, market trend analysis, etc.  The Vice President of Finance will have a thorough understanding of the financial controls that safeguard the corporate assets by implementing the appropriate accounting principles, tax codes and regulations.

General Responsibilities

·       Develop FBHP’s financial management strategy and contributing to its strategic goals;

·       Monitor and report on revenue and expenditures and presenting financial reports to the Executive Management Team;

·       Provide sound advise to the Executive Management Team regarding financial planning, budgeting, cash flow, investment priorities, financial forecasting and policy matters.

·       Identify and assess financial risks, develop risk management strategies and implement appropriate controls;

·       Ensure sufficient liquidity to meet operation needs and optimize working capital;

·       Lead and manage a team of finance professionals, including accountants, financial analysts and financial managers;

·       Participate in the development of comprehensive health and Medicare supplement premium rates;

·       Participate on the joint retirement committee with the affiliated companies; 

·       Develop strong relationships with the FBHP executive team, Board of Directors, Tennessee Farm Bureau, Farm Bureau Insurance Company and affiliated companies’ executive leadership teams;

·       Ensuring adherence to federal and state regulations and laws;

·       Participate in investment committees meetings;

·       Develop a strong relationship with the FBHP financial advisors;

·       Participate in various financial audits;

·       Assist with preparation of topics for audit committee meetings and board meetings;

·       Assist in the review and certification of required financial filings or reports with governing bodies;

·       Oversee process for purchase order requests for acquisition of assets and supplies;

·       Preparing annual forecasted financial results;

·       Tracking and reporting of financial corporate goals;

·       Mentoring FBHP Accounting team members in order to achieve professional growth and meeting continuing education requirements; and

·       Leading special projects as needed.

·       The Vice President of Finance must also maintain a current knowledge of applicable federal and state laws and regulations, including industry best practices. During lawful compliance reviews or investigations, the Vice President of Finance will cooperate with the appropriate regulatory entities.

Qualifications

·       Education:  Bachelor’s Degree in Science or Business Administration with an emphasis in Accounting or Bachelor’s Degree in Accounting; CPA or MBA preferred.

·       Work Experience:  10+ years in financial reporting with 5+ years of management.

Skills/Competencies

·       Focus – The ability to remain focused on priority tasks, despite distractions, is required. The person must be dedicated to their role, team and company and understand the Vice President of Finance role within the organization.

·       Problem Resolution – Ability to identify and resolve issues quickly and efficiently.  They must understand the end-to-end processes.  Must take ownership of issues and follow them through resolution. Resolves issues and not the symptoms.

·       Proactive Thinking – The ability to take initiative to make improvements. Anticipate customers’ needs and looks for ways to improve the customer experience by reducing issue reoccurrence.

·       Communication – Speaks clearly and demonstrates a positive attitude in every situation. Always listens and asks questions when needed. Responds in a pleasant, patient manner when dealing with stressful situations. Ability to present complex technical concepts to both technical and non-technical personnel

·       Professionalism – Uses time efficiently. Treats others with respect and consideration regardless of their position.

·       Teamwork – Contributes abilities to accomplish the team’s goals. Is open to new ideas, builds strong working relationship with peers and values diversity. Encourages others and gives credit to others for their accomplishments. Puts team goals ahead of personal objectives.

·       Flexibility – Handles a wide range of tasks, responds to changes in direction and priorities. Accepts new tasks, responsibilities and assignments. Able to work outside of an ordinary routine.  Handles multiple tasks according to priorities.

·       Accountability – Demonstrates an exceptional level of performance; maintains a state of the art comprehension of ever-changing financial and tax regulations that impact FBHP; ensures deadlines are met without sacrificing the quality of work. Ability to lead and adapt quickly and think critically.

·       Prudent Resource Use & Management – Protects corporate assets by formulating, implementing and overseeing appropriate financial policies and controls while striving to meet the corporate objectives and goals; oversees the investment portfolio in order to maximize financial returns.

·       Knowledge – Demonstrates a thorough understanding of Generally Accepted Accounting Principles, Statutory Accounting Principles, Internal Revenue Service Codes and Regulations and various state regulations; demonstrates the ability to use analytical analysis in order to bring business challenges and opportunities to the Executive Team.

·       Leadership – The Vice President of Finance should also demonstrate success in leadership roles and exemplary leadership capabilities.

·       Skills- MS Word, Outlook, and Excel, general ledger software, investment reporting software, tax return software and document imaging system.