Controller in Berwyn, Pennsylvania at Sovereign Insurance Group

Job Description
The Controller is responsible accounting operations, financial reporting of the organization, with a strong emphasis on commission-based revenue management and supporting financial strategy. This role ensures the accuracy and integrity of financial data related to agency bill and direct bill commissions, supports executive decision-making, and maintains strong internal controls across all financial processes.

The Controller serves as a strategic partner to leadership while also providing hands-on oversight of accounting operations in a high-volume, transaction-driven environment.

Duties/Responsibilities
Financial Strategy & Leadership

• Partner with executive leadership to develop and execute financial strategies aligned with agency growth and profitability goals
• Support strategic initiatives including organic growth, acquisitions, and new revenue programs

Commission Revenue Oversight

• Oversee all aspects of commission accounting, including:
  • Direct bill and agency bill commission reconciliation
  • Contingent income tracking and forecasting
  • Producer compensation and commission structures
• Ensure timely and accurate reconciliation of carrier statements and internal records
• Review, maintain, and strengthen processes for billing and commission accuracy
• Partner with operations and producers to resolve discrepancies and improve accuracy

Financial Reporting & Analysis

• Oversee preparation of monthly, quarterly, and annual financial statements
• Analyze revenue performance across business lines, producers, and programs
• Present insights and forecasts to senior leadership

Budgeting & Forecasting

• Lead budgeting and forecasting processes with a focus on commission-based revenue variability
• Monitor performance against budget and provide quarterly budget variance reports to senior leadership

Accounting Operations & Controls

• Ensure compliance with GAAP and applicable regulatory requirements
• Oversee accounting functions including general ledger, AR/AP, and reconciliations
• Maintain strong internal controls and ensure compliance with accounting standards
• Participate in the annual financial audit conducted by external public accounting firms
• Manage end-to-end payroll processes, ensuring accurate, timely, and compliant execution

Cash Flow & Treasury Management

• Manage cash flow, liquidity, and banking relationships
• Oversee credit facilities, investments, and financial risk management

Team Leadership & Development

• Lead and develop the accounting team, providing strategic oversight while ensuring efficient day-to-day operations
• Establish clear roles, responsibilities, and performance expectations
• Promote a culture of accountability, continuous improvement, and collaboration

Operational Support

• Partner with department leaders to evaluate financial impact of business initiatives
• Support pricing, compensation, and profitability analysis
• Identify opportunities to improve efficiency and automate financial processes

Other Duties

• Performs other related duties as assigned to support the finance function and organizational objectives

Required Skills/Abilities

• Strong knowledge of financial management, accounting principles, and reporting
• Advanced analytical, problem-solving, and decision-making skills
• High level of integrity and attention to detail
• Leadership skills with ability to manage and develop teams

Education and Experience

• Bachelor’s degree in Finance, Accounting, or related field required
• CPA, MBA, or equivalent advanced credential preferred
• 10+ years of progressive finance and accounting experience
• Proven experience in financial planning, reporting, and strategic analysis

Benefits

• Health insurance, vision, dental, life insurance, and more. This includes an employer-sponsored HSA, paid coverage for employees, and cost-sharing for families.
• 401K with employer matching.
• PTO and paid holidays to support work-life balance. PTO is based on experience and is expected to increase over time.
• A casual office environment with a dedicated and professional team.

About Sovereign Insurance Group
Since 1959, Sovereign Insurance Group has been a leader in the nonprofit, commercial property and casualty marketplace. A growing company that has expanded from one location in Southeastern PA to a multi-state organization, we are poised to continue our expansion.

We believe in approaching our clients, our insurance companies, and our employees with humility and always considering the other party's interests above our own. This philosophy guides us in taking our talents, our time, and industry know-how to provide the best overall results we can for our clients.