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Chief Accounting Officer
Chief Accounting OfficerHub International • Chicago, IL, United States
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Chief Accounting Officer

Chief Accounting Officer

Hub International • Chicago, IL, United States
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ABOUT US

At HUB International, we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is one of the largest global insurance and employee benefits broker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over $5 billion in revenue and almost 20,000 employees in 600 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.

HUB International is seeking an experienced and strategic Chief Accounting Officer (CAO) to lead all aspects of its accounting and external financial reporting operations. The CAO will ensure compliance with GAAP, SEC reporting requirements, and Sarbanes-Oxley (SOX) standards, while providing leadership and oversight of accounting functions across a complex brokerage environment.

This executive role requires a strong understanding of the insurance brokerage industry, including revenue recognition for commission and fee income, acquisition accounting, and regulatory compliance.

Key Responsibilities :

  • Lead and direct all accounting operations, including general ledger, external financial reporting, technical accounting, revenue recognition (commission and fee income), and accounts payable / receivable.
  • Develops and executes strategies and standards related to accounting policy, financial reporting, general ledger maintenance, and financial systems and controls.
  • Oversees monthly, quarterly, and annual accounting close processes and coordinates the preparation of financial statements and filings in compliance with GAAP.
  • Ensure timely and accurate preparation and filing of all debt covenant certifications and financial statements and disclosures in accordance with Section 144a (very similar to 10-Ks, 10-Qs, and 8-Ks / SEC accounting).
  • Implement, oversee and maintain robust internal control frameworks, ensuring full SOX 404 compliance across a distributed and acquisitive organization, including responsibility for internal SOX team.
  • Ensure proper revenue recognition in accordance with ASC 606, especially related to contingent commissions, guaranteed supplemental commissions, overrides, and profit-sharing arrangements.
  • Collaborate with corporate development and M&A teams to support due diligence, purchase accounting (ASC 805), integration of acquired agencies, and ongoing financial reporting impacts.
  • Act as the primary point of contact for external auditors and manage all audit and review processes.
  • Evaluate new accounting standards and changes in insurance regulatory requirements and implement changes to ensure organizational readiness and compliance.
  • Quarterly work with third-party valuation firm to estimate fair value of the Company.
  • Develop and maintain corporate accounting policies and procedures specific to brokerage operations.
  • Lead, mentor, and scale a high-performing accounting team; build and maintain processes to support growth and acquisition integration.
  • Support CFO and executive leadership with strategic financial planning, variance analysis, and board reporting.
  • Present financial and accounting matters to the Audit Committee and other key stakeholders.
  • Oversee key accounting systems including updates and segregation of duties.

Qualifications :

  • Bachelor's degree in accounting or finance; Master's degree or MBA a plus.
  • CPA (Certified Public Accountant) required.
  • 15+ years of progressive accounting experience, with at least 5 years in a senior leadership role at a public company, preferably within insurance or financial services.
  • Recent experience with transitioning from private to public company ownership is a plus.
  • Strong understanding of GAAP, SEC reporting, and SOX compliance in a global publicly traded environment.
  • Experience with revenue recognition specific to insurance brokerage (ASC 606), M&A-related accounting (ASC 805) and foreign currency accounting.
  • Proven leadership and team-building experience
  • Skilled at change management in rapidly growing, dynamic environment
  • High level of integrity, professionalism, and sound business judgment.
  • Excellent communication and interpersonal skills, including experience working with boards, auditors, and regulators.
  • Preferred Experience :

  • Experience at a publicly traded insurance brokerage or insurance-related firm.
  • Big Four public accounting background.
  • Familiarity with ERP and financial reporting systems (e.g., Workday and Oracle).
  • Experience integrating accounting functions following M&A activity.
  • Knowledge of statutory and regulatory requirements impacting the insurance brokerage industry.
  • JOIN OUR TEAM

    Do you believe in the power of innovation, collaboration, and transformation?  Do you thrive in a supportive and client focused work environment?  Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization?  When you join HUB International, you will be part of a community of learners and doers focused on our Core Values : entrepreneurship, teamwork, integrity, accountability, and service.

    Disclosure required under applicable law in California, Colorado, Illinois, Maryland, Minnesota, New York, New Jersey, and Washington states : The expected salary range for this position is $300,000 to $350,000 and will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level. If you believe that your qualifications and experience surpass the minimum requirements for this role, we encourage you to submit your application. By doing so, we will be able to keep your application on file for consideration for potential future positions within our organization. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health / dental / vision / life / disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.

    Department Accounting & Finance

    Required Experience : More than 15 years of relevant experience

    Required Travel : Negligible

    Required Education : Bachelor's degree (4-year degree)

    HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race / ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

    E-Verify Program

    We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team HUBRecruiting@hubinternational.com. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

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