Financial Transition Specialist (Remote)

About Patriot Growth Insurance Services: Founded in 2019, Patriot Growth Insurance Services (Patriot) is a growth-focused national insurance services firm that partners with employee benefits and property and casualty agencies across the United States. Patriot is ranked as the 24th largest broker in the U.S. by Business Insurance and has been named to the 2024 Inc. 5000 list of fastest-growing companies. With more than 2,100 employees operating in 170 locations and across 48 states, Patriot’s collaborative model delivers resources and strategic support to its agencies. Patriot creates true alignment with its partner agencies, and its operating philosophy fosters enhanced career opportunities for its dedicated and professional team. We are committed to working with like-minded individuals who share our vision of creating an insurance agency focused on operational excellence and a relentless pursuit of growth.

Position Overview: As a Financial Transition Specialist, you will be responsible for supporting the Agency Management System (AMS) Conversion Team in converting the financial data obtained from the firm's legacy agency management system platforms to Patriot’s standard operating AMS platforms. This position reports to the Vice President of Accounting Integration and Due Diligence.

Work location arrangement: This position is a full time, fully remote position with a preference for qualified candidates in the U.S. Eastern or Central time zones.

Professional Responsibilities:

• Obtain financial and accounting related data from potential acquisition parties in various formats
• Formulate the data needed into standard templated spreadsheets via Excel
• Collaborate with potential acquisition firm personnel, including meetings and tracking progress on decisions and cleanup
• Collaborate with the acquiring firm personnel and Patriot project leads to facilitate the firm's financial data transition over to Patriot’s financial platforms
• Assist with financial discovery of the integrating firm's data and processes and make suggested solutions for accurate mapping into Patriot’s standards
• Guide financial data hygiene throughout the project
• Preparation of accounting work orders for discussions with the firm and configuration setup in Patriot’s agency management system
• Ensure various milestones are met in accordance with the project plan and timeline
• Add financial transactions and opening balance sheet activities by preparing a templated financial document and use of Excel import tools
• Validate and ensure financial data integrity between integrating firm's source system, Patriot’s AMS, and Patriot’s general ledger system
• Prepare the integrated firm's monthly and final reconciliation workbook to assist in financial analysis and for the final delivery to Patriot regional accounting teams
• Track financial conversion issues to ensure these are reported, corrected, and validated
• Collaborate with Patriot's M&A team, Integration team, and AMS Conversion team to ensure complete knowledge transfer and a smooth transition for the firm to become a fully integrated entity
• Attend and participate in on-site events and meetings with the firm and Patriot's M&A team during specific points in the acquisition process