Executive Director Corporate Accounting & Financial Reporting
Bring your drive for excellence, team orientation, and customer commitment to Independence; help us renew and reimagine our business and shape the future of health care.
Reporting to the Chief Accounting Officer, the Executive Director - Corporate Accounting and Financial Reporting is an enterprise-level leader within the Corporate Accounting function responsible for setting direction and providing strategic oversight across assigned accounting operations, financial reporting, close governance, and related compliance activities for Independence Health Group and its subsidiaries (IHG). The role has broad accountability for the integrity, timeliness, and control environment supporting financial results prepared in accordance with GAAP, Statutory Accounting Principles, regulatory requirements, and internal policies.
This executive partners closely with the Chief Accounting Officer, CFO and senior Finance leadership, business and functional leaders, external auditors, and regulators to shape accounting strategy, strengthen enterprise reporting and controls, and lead transformation across the Corporate Accounting function. The Executive Director leads through managers, establishes priorities and operating expectations across multiple workstreams, sponsors significant accounting and technology initiatives, and serves as a principal escalation and decision-support resource for complex accounting, reporting, operational, and control matters.
Specific Duties
- Set the strategy, priorities, governance model, and performance expectations for assigned corporate accounting operations and financial reporting activities, including month-end, quarter-end, and year-end close, reporting readiness, issue resolution, and delivery of accurate financial information.
- Provide enterprise-level oversight across IHG and its subsidiaries, with accountability for financial statement integrity, significant accounting judgments, reporting outcomes, control effectiveness, reconciliation quality, and supporting analyses produced across assigned teams.
- Translate enterprise strategy, business developments, regulatory changes, and organizational priorities into accounting, reporting, control, talent, and technology plans for the Corporate Accounting function.
- Establish decision rights, escalation protocols, and risk-based review expectations across assigned areas; serve as a principal escalation point for complex or high-impact accounting, reporting, operational, and control matters and recommend actions to the CAO and CFO.
- Lead through managers and other senior professionals; establish an effective organizational structure, align resources and external support to priorities, build leadership capability and succession depth, and foster a high-performing culture centered on accountability, collaboration, professional judgment, and continuous improvement.
- Advise the Chief Accounting Officer, CFO, and senior leadership on financial results, key drivers, emerging risks, significant estimates and judgments, reporting implications, and recommended courses of action.
- Lead preparation and review of executive-level materials for CAO/CFO discussions, Audit and Risk Management Committee or Board matters, external audit updates, regulatory matters, and significant accounting or reporting conclusions.
- Own senior relationships with external auditors and regulatory examiners for assigned areas, including audit strategy, issue escalation, management responses, remediation commitments, and timely resolution of statutory, audit, and compliance deliverables.
- Provide executive oversight of applicable statutory and compliance reporting, which may include statutory financial statements, supplemental filings, Medical Loss Ratio reporting, risk-based capital considerations, and responses to regulatory requests or examinations.
- Influence cross-functional leaders across FP&A, Actuarial, Tax, Treasury, Legal, Regulatory, Claims, Billing, Technology, and business operations to align business decisions and operating processes with accounting, reporting, and control requirements.
- Define and monitor functional performance measures for close execution, reporting quality, control effectiveness, reconciliation health, talent development, issue remediation, and transformation progress.
- Sponsor enterprise or function-wide improvements to close processes, accounting policies, reporting procedures, internal controls, reconciliation governance, and documentation standards to improve quality, transparency, efficiency, and scalability.
- Provide executive sponsorship for major system implementations, organizational transitions, legal entity changes, acquisitions or strategic initiatives affecting accounting operations and financial reporting.
- Set the vision and governance for responsible use of data, analytics, automation, and AI-enabled tools to reduce manual effort, strengthen controls, improve insight, and modernize Corporate Accounting capabilities.
Knowledge, Skills, & Abilities
- Executive leadership capability, including demonstrated success leading through managers, setting functional direction, developing senior talent, and driving accountability across complex and interdependent workstreams.
- Deep understanding of GAAP, Statutory Accounting Principles, NAIC guidance, regulatory reporting, internal controls, and financial close governance in a complex, regulated organization.
- Ability to assess enterprise-level implications of complex accounting conclusions, significant estimates and judgments, financial statement presentation, business transactions, and operational decisions.
- Strong strategic and business acumen, with the ability to translate organizational priorities into practical accounting, reporting, control, talent, and technology strategies.
- Demonstrated executive presence and influence, including the ability to frame issues, present recommendations, challenge constructively, and build alignment with senior leaders, auditors, regulators, and non-accounting stakeholders.
- Experience overseeing multiple accounting and reporting disciplines, legal entities, audits, regulatory filings, and compliance activities in a deadline-driven environment.
- Ability to make timely, risk-informed decisions, lead through ambiguity and change, and balance technical requirements, business needs, control considerations, and organizational capacity.
- Strong organizational design, workforce planning, talent development, succession planning, and change leadership capabilities.
- Experience sponsoring ERP, reporting, reconciliation, workflow, data, automation, or AI-enabled initiatives and establishing governance for sustainable adoption and control.
- Strong analytical and problem-solving skills, including the ability to identify trends, assess root causes, prioritize enterprise risks, and recommend practical, scalable solutions.
- Strong proficiency with financial reporting and analytical tools; working knowledge of ERP, reconciliation, workflow, data visualization, Copilot, and other AI-enabled tools preferred.
Education & Experience
- BS/BA in Accounting required; advanced degree in accounting, finance, business, or a related field preferred.
- CPA required.
- Fifteen or more years of progressively responsible accounting, financial reporting, audit, or related finance experience, including significant leadership responsibility, required.
- Substantial experience leading managers and senior professionals across multiple accounting or reporting workstreams required.
- Demonstrated experience advising senior executives and supporting Audit Committee, Board, external audit, or regulatory communications required.
- Experience in health insurance, regulated industries, Big Four or national public accounting, statutory reporting, complex consolidations, complex legal entity environments, and finance transformation preferred.
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.
About Our Company
Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.
At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!
Equal Employment Opportunity
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Agency Disclaimer
All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.