Billing and AR Manager, Honeycomb

$140-160k

+ Yearly Bonus + Employee options grant

Excel

NetSuite

Senior and Expert level

Chicago

New York

More information about location

2 days a week in office

Computer vision & AI-powered real estate insurance

Job no longer available

Computer vision & AI-powered real estate insurance

101-200 employees

FintechB2BArtificial IntelligenceMarketplaceInsuranceComputer Vision

Job no longer available

$140-160k

+ Yearly Bonus + Employee options grant

Excel

NetSuite

Senior and Expert level

Chicago

New York

More information about location

2 days a week in office

101-200 employees

FintechB2BArtificial IntelligenceMarketplaceInsuranceComputer Vision

Company mission

To bring simplicity and transparency to real estate insurance.

Job

Company

Role

Who you are

Minimum of 7 years of experience with Order to Cash and Accounts Receivable processes
A bachelor's degree in accounting, finance, or business is preferred
Experience in the insurance industry is a plus
Proven track record of building, implementing and maintaining Order to Cash cycle processes
Experience with periodic close activities and working with external auditors
Must be a self-starter and able to work in a fast-paced and rapidly changing environment
Advanced proficiency in Microsoft Excel
Excellent written, verbal, analytical and interpersonal skills with a strong attention to detail
Demonstrates initiative and drive to independently take on and tackle challenges

What the job involves

We are looking for a Billing and AR Manager to join our growing accounting team. The position will be responsible for the management of the Order to Cash (O2C) process
This is a great opportunity to have an impact at a successful high growth Insure-tech company
The position will report to the Controller and will focus on building the billing and AR operations processes
You’ll be essential to driving the efficiency and effectiveness of the Company’s Order to Cash operations. You will help build from scratch and operate a best-in-class, scalable collections, invoicing, and A/R function and processes, to support our rapid growth:
Design, implement and enforce Billing policies and procedures
Ensure invoice for initial sales, add-ons and renewals are prepared in accordance with contract terms and in compliance with regional and local requirements
Design, implement and enforce AR Management policies and procedures
Collaborate with Revenue Operations team to transfer current processes into the Finance department
Provide guidance to team in resolving escalated issues related to the Order to Cash process
Complete regular reconciliations of AR balances and monthly review of AR aging reports
Work proactively with the different teams to ensure accurate customer invoicing and resolve customer billing issues
Assist with annual external audits
Be the owner of the Order to Cash process within the expected NetSuite implementation
Implement and own a new Lockbox solution
Identify opportunities for data and system integrations to automate billing processes and improve data integrity
Own monthly payments reconciliation
Report our A/R and collection data to our various partners
Oversee the monthly broker commission calculation
Work closely with the engineering team to improve reporting capabilities

Our take

With many real estate insurers relying on a generalized approach, homeowners and landlords often have to pick up the slack when it comes to complex and serious claims. Plus, insuring properties against rising costs in the US means many insurers simply won't cover a large portion of homes.

Honeycomb Insurance aims to remedy these real estate coverage issues using AI and computer vision to quantify insurance claim costs. It analyzes aerial photographs of building roofs and street-level shots to analyze quality and risk, thus removing the need for expensive physical inspections. This means the company can accurately underwrite risks in a fraction of the time, and deliver a better service to more consumers.

The value of its offerings is reflected in its expansion to 18 states, now covering over 60% of the US population and insuring more than $35B in assets. And substantial funding is fueling its growth into new insurance markets and accelerating its AI-powered technology, as the company continues to scale its impact in the commercial real estate insurance space.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Trustpilot (4.4)

Company

Funding (last 2 of 3 rounds)

May 2024

$36m

SERIES B

Jan 2022

$15.4m

SERIES A

Total funding: $54.7m

Company HQ

East Garfield Park, Chicago, IL

Leadership

Itai Ben-Zakai

(Co-Founder & CEO)

Previously an Advisor at IT-Farm VC and SafeDK. Was also Co-Founder and CEO at Comprendi, and a Senior Director at Quin Street.

Nimrod Sadt

(Co-Founder & CTO)

Previously Co-Founder and CTO at HotelRatePRO. Was also Senior Application Development Engineer at Applied Materials and a Software Engineer at Intel Corporation.

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