Senior Manager of Corporate Finance, Next Insurance
$164-222k
Office located in Palo Alto, CA
Online-based insurance broker for SMBs
Job no longer available
Online-based insurance broker for SMBs
501-1000 employees
Job no longer available
$164-222k
Office located in Palo Alto, CA
501-1000 employees
Company mission
To build a simplified digital insurance experience that better serves small businesses.
Role
Who you are
- If you’re passionate about financial modeling and delivering impactful results, you’ll thrive here!
- BA/BS in finance, accounting, economics or a quantitative discipline (Masters is a plus)
- 7+ years of FP&A experience with a track record of supporting financial forecasts
- A strong understanding of all three financial statements (income statement, balance sheet, and cash flow) and associated drivers across all three statements. Ability to break down and solve complex problems with strong business acumen & data-driven techniques
- Strong experience with building models in Adaptive Planning, Anaplan, Pigment, Hyperion, SAP, and/or other comparable modeling tools
- Strong knowledge of US GAAP accounting, IFRS familiarity a plus
- Experience with mentoring and developing team members in financial modeling
- Excellent attention to detail and organizational skills, ability to multitask in a fast-paced environment with competing and shifting priorities
- Ability to break down and solve complex problems with strong business acumen & data-driven techniques
- Experience with building complex spreadsheets in Microsoft Excel or Google Sheets
- Bonus: Experience with SQL and data visualization tools (Looker, Tableau)
- Bonus: Experience with using Netsuite
- At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles
What the job involves
- We’re looking for a Sr Manager, Corporate Finance to develop and lead a team that will be the center of excellence for financial forecasting and financial modeling inside of NEXT
- The team will develop and manage our P&L, balance sheet, and cash flow statement management to ensure we have an accurate and flexible company model to meet our evolving needs
- The team will also manage company-level KPIs to ensure alignment with our financial goals
- This role includes managing and developing the team, optimizing financial models, partnership with accounting, and overseeing monthly reporting for timely, accurate delivery, and conducting analyses that drive key business decisions
- You’ll provide critical insights and collaborate cross-functionally to support company initiatives
- Lead a dedicated team responsible for driving the company’s modeling including our P&L, balance sheet, and cash flow statement, ensuring alignment with financial and business objectives
- Manage, mentor, and develop team members, fostering a high-performance culture focused on accuracy, collaboration, on-time delivery, and continuous improvement
- Develop, optimize, and manage financial models to forecast and monitor gross margin performance accurately
- Conduct ad hoc, in-depth analyses to uncover insights, address complex challenges, and support key business decisions
- Deliver comprehensive monthly variance analyses, identifying key drivers and trends, ensuring accurate, on-time delivery of all reports, including executive summaries and budget variance bridges
- Enhance model precision and forecasting capabilities, Using Workday Adaptive
- Partner with cross-functional teams to share actionable financial insights and strategic recommendations, supporting broader company initiatives
- Support the long-range and annual planning process including income statements, balance sheet, and cash flow
- Prepare commentary and presentation materials for executive-level discussions and the board
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
Company Specialist at Welcome to the Jungle
Insights
-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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