Director of Finance

Title: Director of Finance for Blue Ocean Wealth Solutions, LLC

At Blue Ocean Wealth Solutions, LLC, we help people accomplish their most important financial goals by implementing a customer-centric approach using Insurance, Investment, Retirement, Employee Benefits and Property & Casualty**** Planning. At Blue Ocean, everything starts with you. Your financial well-being is the key to living the life you envision — confidently pursuing your goals, caring for the people who matter most, and feeling secure about the future. Discover the difference of personalized support and guidance that’s built around your unique financial journey. We believe our success is based on long-term, deeply personal and trusting relationships and a relentless focus on the following 3 Es: Energy, Effort and Execution.

We were awarded “Top Long Island Workplaces of “2018 to 2025” by Newsday/Dan’s Paper.

Key Responsibilities:

Financial Operations Management

Oversee all core financial functions, including purchasing, accounts payable, accounts receivable, and general ledger activities.· Ensure the timely and accurate completion of monthly, quarterly, and year-end closings.

Produced statements and payments of all third-party business.

Handle monthly payroll for approximately 15 person staff.

Financial Reporting & Analysis ·

Prepare and present financial statements, management reports, and performance analyses for executive leadership.

Developed financial strategies that align with the Firms’ long-term business goals while monitoring expenses and cash flow.

Conduct cost, margin, and pricing analysis to uncover opportunities for profitability improvement.

Internal Controls & Compliance

Develop, implement, and maintain strong internal controls, financial policies, and procedures to protect company assets and meet regulatory requirements.

Partner with compliance and audit teams as needed to ensure adherence to industry and corporate standards.

Prepare accurate financial statements at end of quarter to summarize financial health and business performance.

Implement tax planning strategies that minimize liabilities while ensuring full compliance with local, state, and federal laws.

Operational Collaboration

Work closely with operations and leadership teams to monitor key business metrics, including production, and material usage.

Develop robust job costing and profitability models to support strategic planning and resource allocation.

Collaborate with executive leadership to establish budgetary guidelines and allocate resources efficiently across the Firm.

Budgeting, Forecasting & Cash Management

Lead the annual budgeting process and ongoing financial forecasting.

Oversee cash flow plans to ensure financial stability and alignment with organizational goals.

Manage relationships with banks, credit facilities, insurance providers, and other financial partners.

Monitor financial reports, including balance sheets, income statements, and statements of cash flows in conjunction with Firm’s Accountant to prepare corporate tax returns.

Qualifications

· 5–10+ years of experience in financial services or a related field, with leadership experience.

· Bachelor’s degree in accounting, Finance, Business, or a related discipline required.

· Advanced credentials such as an MBA, CPA, CFA, are strongly preferred.

· Securities and insurance licenses (e.g., Series 7, Series 66, Series 24) preferred.

· Exceptional analytical, problem-solving, and communication abilities.

· Proven leadership skills with the ability to manage multiple priorities and navigate a dynamic environment.

· Strong Excel skills, VLOOKUP’s and pivot tables preferred

· Sage X-3 or comparable accounting software highly desired

Pay: $125,000 to $140,000 Full-time per year

Benefits:

· Health Insurance

· Dental Insurance

· Vision Insurance

· Paid time Off

· Annual Bonus opportunity

· 401 (k) Matching

We are an Equal Opportunity Employer.

We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, ancestry, status as a protected veteran, or any other protected classes in accordance with applicable federal, state, and local law. **To do Fee-Based Financial Planning or offer other investment/insurance/Property & Casualty advice you must be properly licensed.