Texas Property and Casualty Insurance Guaranty Association
Chief Financial Officer
The Texas Property and Casualty Insurance Guaranty Association (TPCIGA) is a non-profit, unincorporated association of all Texas-licensed property and casualty insurers. TPCIGA provides statutory protections to Texas insurance policyholders and claimants when an insurance company fails. Established in 1992, we are located in Austin and have 42 full-time employees. TPCIGA is a past recipient of the “Best Companies to Work for in Texas” designation. We have twice been recognized with Texas Award for Performance Excellence (TAPE) honors by the Quality Texas Foundation. This recognition reinforced our intent to sustain our professional, supportive work environment through providing developmental opportunities, a competitive total compensation package and a culture supportive of balancing work and family matters. We call your attention to the Association’s website for additional information: www.tpciga.org.
TPCIGA is currently seeking a Chief Financial Officer to join our Senior Management Team. The CFO directs, plans, and organizes the Association's financial reserves programs, the allocation of funds, and accounting systems. Additional responsibility includes oversight of administrative, operational and financial functions, including Finance, Accounting, Information Technology, Human Resources, Business Services, and Claims Management. The CFO reports directly to the Executive Director.
Establishes and monitors staff performance and progress toward developmental goals, sets objectives, conducts annual performance assessments, and administers salary actions with Executive Director’s approval. Makes recommendations regarding hiring, disciplining, and terminating;
Partners with the Executive Director in leadership activities;
Prepares and implements the Association’s budget, including reviewing the Association's expenditures to ensure compliance with approved budget guidelines;
Serves as consultant in financial aspects of program planning and as external financial institution and audit partner liaison.
Manages Association Investment program, investment policy, and external investment managers and custodian(s). Reports results to the Executive Director and the Board and makes recommendations for changes to the program.
Provides technical guidance regarding, and directs the selection and implementation of, various automated accounting and claims systems and issues;
Reviews and approves tax returns and reports;
In concert with the Executive Director, prepares the Association’s strategic plan;
Reviews Special Deputy Receivership (SDR) funding requests and establishes SDR expense allocation policy;
Serves as management liaison to Board of Directors’ Finance and Audit Committee;
Keeps Executive Director and Board of Directors informed on financial and information systems issues;
Assists with major insolvencies as required; and
Performs special projects as directed by the Executive Director.
Other Important Duties*
Performs such other related duties as may be assigned.
KNOWLEDGE, SKILLS, AND ABILITIES
Knowledge of: all accounting and tax-related legislation, regulations, and reporting procedures; generally accepted accounting procedures (GAAP); budgetary techniques; and supervisory techniques.
Skill/Ability to: define and prioritize both long- and short-term goals and objectives; establish and maintain effective working relationships with other employees, directors, the general public, and Board Members; analyze and interpret complex financial data; demonstrate proficiency in both oral and written communication; and supervise / motivate employees.
ACCEPTABLE EXPERIENCE AND TRAINING
Bachelor's degree in finance, accounting, or a related field, at least fifteen years of related accounting or budgeting experience, at least seven of which involved operating in a senior management role and managing the functions of a $20 million organization. CPA is preferred.
or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities.
CERTIFICATES AND LICENSES REQUIRED
CPA is preferred.
Interested candidates should send their résumé to firstname.lastname@example.org, with the subject line: CFO, by October 21, 2019 for consideration. Contacts for Questions:
Virda Rhem, Director of HR, Planning and Business Services or Jan Winsett, HR Coordinator