Director, Finance Operations & Statutory Reporting

Job Description

Director, Finance Operations & Statutory Reporting is a key leadership role that regularly engages in strategic financial conversations with member institutions and The Mutual Group (TMG) senior leaders to support successful financial outcomes. The director directs end‑to‑end statutory accounting, regulatory filings, treasury operations, financial controls, SOC reporting, and operational processes that support Member‑related financial activities. They ensure strong financial governance, operational excellence, and compliance with regulatory and audit requirements while partnering closely across Finance, Actuarial, Treasury, Technology, and Executive leadership.

• Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in‑office schedule. The initial training period may require additional in‑office days.

• Serve as a strategic advisor to our members’ senior Finance and Executive leadership on statutory reporting, financial operations, and control matters.
• Collaborate across Actuarial, Finance, Investments, Legal, and Technology to ensure aligned financial reporting and operational processes.
• Lead or support enterprise initiatives involving regulatory change, system transformation, financial modernization, and risk management.
• Anticipate and analyze financial challenges and opportunities before the business impact is critical.
• Provide strategic leadership and coaching to Finance team members, fostering a high‑performing culture of accountability, collaboration, and development.
• Build and maintain strong relationships with key stakeholders, including senior management, business units, and external partners.

• Oversee core finance operational activities including general ledger management, account reconciliations, and financial process optimization.
• Champion continuous improvement initiatives across the Finance organization focused on efficiency, automation, and accuracy.
• Oversee Finance technology strategy and operations, including the strategic direction of TMG’s Finance operations in support of building a scalable platform for TMG.
• All other duties as assigned.

• Oversee the preparation, review, and submission of quarterly and annual statutory financial statements in accordance with NAIC SAP, state regulatory requirements, and applicable insurance regulations.
• Lead interactions with external auditors and support our member institutions’ interactions with state insurance departments and rating agencies related to statutory reporting matters.
• Ensure compliance with all statutory accounting updates, emerging regulations, and reporting guidance.
• Maintain an effective governance framework for statutory close processes, documentation, and internal controls.
• Responsible for overseeing the accuracy, integrity, and timeliness of statutory financial reporting for our member institutions.
• Oversee the proactive monitoring, assessment, documentation, implementation and communication of proposed accounting standards and accounting policies.
• Provide ongoing guidance to members’ management on accounting implications of complex transactions, new products or contracts, working with business leaders to implement any necessary processes and controls.
• Provides meaningful analysis of financial results to member management and supports member management through accounting research and analysis.
• Maintain current knowledge of topics and emerging issues arising from the FASB, AICPA, NAIC and all other governing bodies.

• Lead TMG’s financial control framework, including SOC reporting, control documentation, external audit coordination, and remediation oversight.
• Maintain robust internal control practices supporting financial reporting, treasury, and finance operations.
• Partner with IT, external auditors, and member Internal Audit teams to ensure timely and accurate control testing and reporting.

• Direct daily liquidity management, cash positioning, bank relations, and investment operations support.
• Oversee…