Director of Revenue Accounting, Next Insurance

$155-209k

+ Equity

Expert level
Remote in US
Next Insurance

Online-based insurance broker for SMBs

Open for applications

Next Insurance

Online-based insurance broker for SMBs

501-1000 employees

FintechB2BInsuranceSaaS

Open for applications

$155-209k

+ Equity

Expert level
Remote in US

501-1000 employees

FintechB2BInsuranceSaaS

Company mission

To build a simplified digital insurance experience that better serves small businesses.

Role

Who you are

  • If you are detail-oriented, and have a passion for Revenue Recognition, then this is the perfect fit for you!
  • Bachelor’s degree in accounting or finance. CPA designation a plus
  • 12+ years’ experience in accounting and financial reporting
  • Expert in working with ASC 606 Revenue Recognition is required
  • Knowledge of SEC reporting, PCAOB and US GAAP
  • Experience working for an MGA is desirable
  • General knowledge and experience with SOX internal controls
  • Experience adopting new accounting guidance, creating new disclosures, and writing position papers

Desirable

  • Strong analytical, problem-solving and project management skills
  • Attention to detail and organizational skills, ability to multitask and meet reporting deadlines in a fast-paced environment
  • Team player with strong interpersonal skills along with strong verbal and written communication skills
  • Strong technical accounting background, experience with ASC 606 Revenue Recognition is required

What the job involves

  • We’re looking for a Director of Revenue Accounting who wants to join an exciting accounting team who is deeply passionate about revenue recognition, accurate and timely financial reporting
  • Reporting to the VP, Chief Accounting Officer, this role not only offers high visibility but also has the opportunity to lead the Company’s revenue recognition team
  • Manage the Revenue Recognition Function
  • Review, establish and manage the Company’s Revenue Recognition Policies under ASC 606
  • Review contracts and work closely with Corporate Legal in determining appropriate revenue recognition for each contract
  • Contribute to the preparation of SEC disclosures (8K, 10-Q, 10-K, etc.), including financial statements, footnotes, MD&A and other disclosures related to the Company’s Revenue disclosures using the Wdesk platform
  • Technical accounting lead on Revenue Recognition and ASC 606, responsible for the reviewing the Company’s existing policies and providing recommendations and updating position papers as needed
  • Assist internal audit with building and strengthening SOX internal controls

Our take

Next Insurance serves small businesses by making it much simpler to take out an insurance policy without the headache associated with many providers. To begin trading any business needs to have some sort of insurance policy in place, traditional offerings can take weeks, often requiring tedious paperwork.

Next Insurance has opted to use AI, machine learning and transparent language to make the process much simpler, it can take just five to ten minutes for customers to obtain a package that suits them.

While Next Insurance is facing established insurance companies such as Hiscox and State Farm, its partnership with Amazon Business Prime to insure its members in a move to target traditionally underserved insurance customers and more recently with LegalZoom, to simplify the insurance process, as well as its nearly half a million customers has the company well set to remain major player in the space.

Freddie headshot

Freddie

Company Specialist

Insights

Top investors

Many candidates hear
back within 2 weeks

-7% employee growth in 12 months

Company

Funding (last 2 of 7 rounds)

Nov 2023

$265m

SERIES G

Mar 2021

$250m

SERIES E

Total funding: $1.1bn

Company benefits

  • Medical insurance
  • Vision insurance
  • Dental insurance
  • 401(k)
  • Paid maternity leave
  • Paid paternity leave

Company HQ

Palo Alto, CA

Leadership

Alon Huri

(Co-founder)

They spent 4 years as a System Architect before Software roles at Mercury, HP, and Check. They co-founded Next Insurance in March 2016 with Guy and Nissim.

Guy Goldstein

(CEO & Co-founder)

After 7 years in the Israeli Air Force, they worked at Mercury Interactive for almost 8 years, as well as roles at HP and Check, which they co-founded in 2007. Left this role at Intuit in July 2015 to co-found Next Insurance 6 months later.

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