Billing and AR Manager, Honeycomb
$140-160k
+ Yearly Bonus + Employee options grant
More information about location
2 days a week in office
Computer vision & AI-powered real estate insurance
Open for applications
Computer vision & AI-powered real estate insurance
21-100 employees
Open for applications
$140-160k
+ Yearly Bonus + Employee options grant
More information about location
2 days a week in office
21-100 employees
Company mission
To bring simplicity and transparency to real estate insurance.
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 generalised 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 analyses aerial photographs of building roofs and street-level shots to analyse 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 this offering is showcased by Honeycomb's expansion to operate across 16 states. It now covers around 60% of the US market and has over $20 billion in assets under its belt. A substantial Series B round in 2024 will help it grow into new insurance markets and accelerate its AI-powered tech, as it aims to triple this asset value by 2025.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (last 2 of 3 rounds)
May 2024
$36m
SERIES B
Jan 2022
$15.4m
SERIES A
Total funding: $54.7m
Company benefits
- Health Benefits
- Employee options grant
- 401K
- Flexible paid time off
- Paid national holidays
Company HQ
West Loop Gate, Chicago, IL
Articles
Leadership
Itai Ben-Zakai
(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
(CTO)Previously Co-Founder and CTO at HotelRatePRO. Was also Senior Application Development Engineer at Applied Materials and a Software Engineer at Intel Corporation.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 8 more jobs at Honeycomb