Work for a Company

Assistant Controller

Classification: Full time

Details:

Medical Mutual Insurance Company of Maine (MMIC), a Portland-based medical professional liability insurance company, provides medical professional liability insurance to physicians, hospitals, nursing homes, and allied health facilities in Maine, New Hampshire, Vermont, and Massachusetts. Today, Medical Mutual insures 38 hospitals and nearly 3,700 physicians and maintains an A.M. Best A (Excellent) rating.

MMIC is located in the heart of Portland’s Old Port, in a new, state-of-the art workspace with views of Portland Harbor, offering an exceptional work environment. After a period of orientation, most employees enjoy a hybrid work schedule, allowing flexibility between in-office collaboration and remote work. This position has the potential for some future remote work opportunities.

Position Overview

We are seeking a dynamic and detail-oriented Assistant Controller to join our financial team. In this pivotal role, you will support the overall accounting operations, ensure compliance with regulatory standards, and assist in the preparation of accurate financial reports. Your expertise will help drive financial integrity and uphold the highest standards of accounting excellence. We are looking for a candidate with at least 5 years of experience in accounting or insurance. We are willing to train the right candidate who brings strong accounting and general ledger fundamentals, curiosity, and a desire to grow. Oversee daily department needs and provide back-up/support to the Controller. In the Controller’s absence, this individual is responsible for the day-to-day management and operations of the accounting department.

Key Responsibilities

• Assist in managing the general ledger accounting processes, including account reconciliation, journal entries, and month-end close procedures.
• Support balance sheet reconciliation efforts to ensure accuracy and completeness of financial data.
• Oversee accounts payable and accounts receivable functions, ensuring timely processing and compliance with internal controls.
• Manage the budgeting processes and variance analysis to aid strategic decision-making.
• Collaborate with external auditors during audits by providing necessary documentation and explanations of financial data.
• Manage monthly fixed asset reporting.

Minimum Qualifications

• A bachelor’s degree in accounting, or an associate’s degree and a minimum of five years of experience in accounting, insurance, or other closely related combination of education and experience.
• Excellent oral and written communication skills
• Strong interpersonal, analytical, and critical thinking skills
• Strong competency in Microsoft Outlook, Excel, Word and Accounting Software.

Why Medical Mutual

This is an opportunity to join a financially strong company that values work/life balance and supports employee growth through training and education.

MMIC offers a comprehensive benefits package, including competitive salary, annual bonus incentive program, health insurance, employer‑paid dental, life, and disability insurance, a liberal paid time‑off policy, a generous 401(k) plan, and tuition and wellness reimbursement programs.