U.S. Controller
Ascot GroupAbout the role
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Position Overview:
Reporting to the U.S. Chief Financial Officer, the U.S. Controller is a senior finance leader responsible for overseeing U.S. controllership, financial reporting, and the end-to-end accounting and close function. This is a highly visible role that partners closely with the CFO and senior leadership to ensure accurate reporting, a strong control environment, and scalable finance operations to support Ascot’s growth.
Key Responsibilities:
Financial Reporting & Close
- Own the monthly, quarterly, and annual close process, including journal entries, account reconciliations, balance sheet substantiation, and management reporting.
- Oversee U.S. consolidations and ensure timely, accurate financial reporting in accordance with U.S. GAAP and applicable statutory requirements.
- Ensure accurate preparation of statutory financial statements in accordance with Statutory Accounting Principles (SAP), footnote disclosures, and supporting schedules for internal and external stakeholders.
- Oversee preparation and review of key accounting judgments, estimates, and technical position memos.
- Manage regulatory filings, including annual and quarterly statutory statements, schedules, and regulator-facing disclosures.
Accounting Operations & Internal Controls
- Lead and strengthen accounting operations across premium, claims, reinsurance, commissions, intercompany, and financial reporting.
- Maintain and enhance a strong internal control environment aligned with SOX / internal governance expectations including documentation, testing coordination and audit readiness.
- Own control design and operational effectiveness across manual and system-driven processes, partnering with Internal Audit and Risk as appropriate.
- Drive standardization, documentation, and continuous improvement of accounting policies and procedures.
Audit, Regulatory & External Engagement
- Serve as primary point of contact for external auditors and regulators on accounting and financial reporting matters.
- Lead audit planning, execution, and resolution of audit findings across U.S. entities.
- Coordinate management representation letters, audit committee materials, and regulator inquiries.
Transformation & Systems
- Play a leadership role in finance system and operational transformations.
- Partner with IT and project teams to ensure accounting requirements, data integrity, and control considerations are embedded in system designs.
- Drive process improvements, automation, and system enhancements to increase efficiency, accuracy, and scalability.
Organizational Leadership & Collaboration
- Lead the high-performing U.S. accounting and controllership function across multiple legal entities and locations in a high-growth environment.
- Provide leadership and development for the U.S. accounting team; establish clear expectations, coaching, and career paths.
- Support strategic initiatives such as operational scaling, new product launches, and potential transactions.
- Act as a trusted business partner to the C
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