Fractional CFO- P&C Insurance

150-225k DOE

Brooklyn, NY

 

Position Summary

We are seeking a strategic and detail-oriented CFO to oversee all financial operations of our P&C insurance brokerage business. The role is responsible for structuring and managing the four core Finance verticals, driving process improvements, ensuring compliance, and serving as a trusted advisor to senior leadership. The ideal candidate has strong technical expertise, leadership skills, and experience navigating complex operational environments.

Key Responsibilities

1\. Finance Structure & Oversight

• Lead and oversee the proper functioning of the four Finance verticals.

• Define clear roles and responsibilities for the team and provide oversight and mentorship to the Controller.

2\. Strategic Business Leadership

• Act as a financial advisor to the CEO and executive team.

• Participate in Leadership Meetings, Owners’ Box Offsites, and EOS process reviews.

• Identify financial risks and recommend corrective actions.

• Track and optimize Net Income Margin and profitability by business line.

3\. Forecasting, Budgeting & Planning

• Prepare and present quarterly financial forecasts to senior leadership.

• Lead preparation of the Annual Budget and 3-Year Strategic Financial Plan.

• Ensure timely, accurate management reporting.

4\. Cross-Functional Liaison & Audit Compliance

• Serve as the bridge between Accounting, Operations, and Broker teams.

• Liaise with external auditors.

• Support all statutory filings and internal control compliance.

5\. Process Improvement & Systems Implementation

• Oversee the transition from cash to accrual basis accounting.

• Monitor ERP implementations and process improvement projects.

• Direct critical automation and efficiency initiatives.

6\. Contract Review & Financial Governance

• Review and sign all external vendor contracts above $500K.

• Implement financial controls and compliance protocols.

Required Qualifications

• CPA / CA or MBA (Finance) preferred.

• 15+ years of Finance leadership experience in Insurance, Brokerage, or Professional Services.

• Strong understanding of accrual accounting, commission-based models, and financial systems like QuickBooks, NetSuite, and PowerBI.

• Experience in finance transformations and ERP implementations.

• Excellent communication and strategic thinking skills.

 

Email resume to: yanky@maiplacement.com