Head of Fiduciary Accounting-Accounting Manager

Why Jencap? We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career. 

Jencap is comprised of corporate operations and service teams who support our staff in their commitment to achieve greatness and exceed the expectations of our agency partners. The goal of corporate functions is to provide the necessary infrastructure, expertise, and services that enable our business to thrive, while also contributing to the overall success, efficiency, and sustainability of the organization. We act as partners, aligning support strategies to achieve Jencap’s broader objectives. 

The Head of Fiduciary Accounting is an accounting leadership role managing a team that executes the client trust accounts ensuring all industry regulations and polices are executed. 

This position will work a hybrid schedule from our Springfield, MO Location with occasional travel to our Jencap office in Atlanta, Ga and other locations as needed. 

Responsibilities

• Oversee and manage a team of 25 responsible for:
  • Accounting for client trust cash accounts, accounts receivable and accounts payable, ensuring compliance with industry regulations and company policies
  • Reconciliation of fiduciary accounts, accounts receivable and accounts payable on a timely and accurate basis
• Manage direct billing processes
• Support internal and external audits, providing necessary documentation and ensuring all fiduciary accounting records are accurate and up-to-date.
• Identify areas for process improvement and implement best practices to enhance operational efficiency, accuracy, and regulatory compliance in fiduciary accounting.
• Work closely with other departments, including underwriting, financial accounting and client service teams, to ensure fiduciary accounting requirements are met and risks are mitigated
• Lead, mentor, and develop the team, ensuring adherence to best practices and fostering a collaborative work environment
• Stay current with changes in fiduciary-related laws, regulations, and accounting standards that impact the brokerage industry and the firm’s fiduciary responsibilities.
• Other projects and responsibilities as assigned. These efforts may include:
  • Participating in M&A and integration initiatives
  • Leading cross functional initiatives

Requirements

• Minimum 10 years experience in fiduciary accounting in the insurance carrier or insurance broker industry
• Bachelor's Degree in Accounting, Finance or related field. 

**Any unsolicited resumes and candidate profiles submitted through our web site or to e-mail accounts of employees of Jencap are considered property of Jencap unless specifically engaged on the active search by a leader of the company. In order to be an authorized Agency/Search Firm for Jencap, any such agency must have an existing formal written agreement signed by an authorized Jencap HR leader and an active working relationship with the organization. If the candidate submission process is not followed, no agency fees will be paid by Jencap**

Want the opportunity to build something new? Expand your knowledge and stretch your experience through new and emerging risks? Have your voice heard, your skills properly applied, and to add tangible value to an organization? You’re in the right place. 

Jencap is dynamic, bold, tenacious, and trusted in the industry. Here, you are not just one of the many, you are one of us.  We truly are better together. 

Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.