Accounting Manager, Beam Benefits
$100.2-160.2k
+ Variable Compensation Structure + Performance-Based Bonuses + Incentives
Smarter employee benefits
Be an early applicant
Smarter employee benefits
201-500 employees
Be an early applicant
$100.2-160.2k
+ Variable Compensation Structure + Performance-Based Bonuses + Incentives
201-500 employees
Company mission
To simplify and modernize a robust suite of ancillary employee benefits.
Role
Who you are
- You are a self-motivated leader with a passion for continuous improvement and the ability to take ownership of projects from inception to execution
- You thrive in a team-oriented environment and excel at critical thinking and strategic problem-solving
- You are eager to leverage technology and automation to enhance efficiency and accuracy in accounting processes
- A bachelor’s degree in Accounting, Finance, or a related field; exposure to insurance accounting and reporting is a plus
- At least 5 years of experience in accounting operations or public accounting, with prior experience in a managerial role preferred
- Strong understanding of GAAP and financial reporting principlesFamiliarity with financial reporting systems (e.g., Salesforce, Tableau, or SQL) is a plus
- Proven ability to analyze complex financial data and translate findings into actionable insightsExperience with process automation and ERP systems; proficiency in NetSuite is a plus
- Advanced Excel skills and familiarity with data visualization tools
- Exceptional communication and presentation skills with the ability to tell a clear and compelling financial story
- High attention to detail and strong organizational skills
- A proactive mindset with the ability to challenge existing processes and drive continuous improvementIntegrity, empathy, and a commitment to collaboration
What the job involves
- Beam’s Accounting Team empowers the company by developing and implementing scalable accounting processes that facilitate timely and accurate financial reporting
- As an Accounting Manager, you will play a key role in leading and improving accounting operations, ensuring financial accuracy, and driving automation and efficiency in our processes
- We are looking for someone who is not only technically proficient but also creative and energetic in problem-solving, willing to challenge the status quo, and eager to explore new ways to improve efficiency through technology and automation
- Working in a complex and dynamic business, simultaneously serving customers across employee benefits insurance product lines and growth and service channels
- Collaborating with a diversely skilled team to continuously improve
- Being empowered as an owner and expert
- Being motivated by improving how people access employee benefits
- Lead and oversee accounting operations, ensuring compliance with GAAP and internal controls
- Manage month-end and year-end close processes, including preparation and review of journal entries and account reconciliations
- Identify opportunities for automation and process improvements, implementing solutions to enhance efficiency
- Work cross-functionally with teams across the company to ensure financial processes align with business objectives
- Provide mentorship and guidance to accounting team members, fostering a culture of learning and growth
- Establish and maintain strong relationships with auditors and other third-part vendors
- Develop and maintain policies and procedures to support the company’s growth and scalability
- Assist in financial statement preparation and ensure accurate reporting to stakeholders
- Partner with HR to support payroll processing and reconciliations, with knowledge of payroll tax implications being a valuable asset
- Demonstrate expertise in accounts payable and treasury functions to support cash flow management and vendor relationships
Our take
Beam Benefits was founded to modernize dental benefits, addressing a gap where employee plans often prioritized healthcare with minimal dental coverage. Its first product, Beam Brush was an early healthcare IoT Innovation and the company has seen significant growth since then, expanding across 45 states and serving over 250,0000 people.
The company has also attracted significant funding, with its latest round closing at $40M. This funding has boosted Beam's valuation by 25% since its Series E in 2021 and will fuel a 40% year-over-year revenue growth. Over the past 18 months, Beam has expanded its portfolio with six new benefits products and aims to add more in-demand offerings to meet market needs.
Originally known as Beam Dental, the company has become a comprehensive employee benefits provider. With its AI-powered underwriting, digital platform, self-service tools, and the Beam Perks program, beam offers a full suite of ancillary benefits, including vision,m life, disability, and supplemental health. And the recent funding is a critical step towards furthering the company's growth strategy.
Freddie
Company Specialist at Welcome to the Jungle
Insights
22% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Oct 2024
$40m
GROWTH EQUITY VC
Apr 2024
$29.8m
LATE VC
Total funding: $278.2m
Company benefits
- 401k company match
- Unlimited PTO
- High-quality medical benefits
- Employee stock options
- Remote work
- Flexible hours
- Parental leave
- Desk stipend
- Continuous learning stipend
- Company social events
- Beam employees can take advantage of a full suite of exceptional benefits, including dental, vision, life, and supplemental health
Company HQ
Downtown, Columbus, OH
Leadership
Alex Frommeyer
(Founder & CEO)They studied for a Master's in Engineering at the University of Louisville, before founding Beam Dental in 2012.
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