Accounts Payable Associate, Cover Genius
$75-100k
+ Employee Stock Options
B2B insurance and warranty API
Open for applications
B2B insurance and warranty API
501-1000 employees
Open for applications
$75-100k
+ Employee Stock Options
501-1000 employees
Company mission
To protect all the customers of the world’s largest digital companies.
Role
Who you are
- 2+ years of experience in Accounts Payable, Travel & Expense, or related financial roles
- A diploma in accounting or finance is highly preferred
- Experience working with NetSuite and Coupa preferred
- Strong skills in Microsoft Excel and/or Google sheets
- Strong knowledge of accounts payable principles, general accounting practices, and financial controls
- Excellent customer service and communication skills with the ability to manage vendor and internal relationships effectively
- Ability to work independently and collaboratively in a fast-paced environment
What the job involves
- As an Accounts Payable (“AP”) Associate at Cover Genius, you will be working amongst a rapidly expanding Global Financial Operations team, reporting to the Associate Director, Global Accounts Payable
- We are seeking a detail-oriented and proactive Accounts Payable Associate to join our Finance team in the Netherlands
- This role will focus on managing the Employee Travel & Expense (T&E) function while supporting the broader day-to-day Accounts Payable (AP) operations
- The ideal candidate will ensure accurate and timely processing of expense reports, compliance with company policies and regulations, and efficient handling of vendor invoices and payments
- This position requires strong communication skills, a solid understanding of financial processes, the ability to work across multiple time zones to support our global teams, and wants to be part of a global insurtech company with the vision to protect all customers of the world’s largest digital companies
- Process and review employee expense reports in accordance with company policies
- Ensure timely reimbursement of employee expenses and address any discrepancies
- Provide guidance and training to employees on T&E policies, expense submission, and compliance
- Conduct periodic audits of expense reports to identify and mitigate fraudulent or non-compliant claims
- Collaborate with internal teams to optimize T&E processes and system improvements
- Process vendor invoices accurately and ensure timely payment runs
- Maintain strong vendor relationships, addressing inquiries and resolving payment discrepancies
- Support weekly payment processing, ensuring compliance with payment schedules
- Ensure compliance with internal controls, company policies, and external audit requirements
Our take
Insurance plans and warranties are staples of a successful digital company, but setting them up is challenging. Businesses must compare and write contracts with insurance providers which require the expensive assistance of legal and financial teams, Add to this the cost of web designers who can embed the service online, and insurance and warranties quickly become unaffordable to smaller businesses.
Cover Genius provides end-to-end APIs called XCover and XClaim for embedding insurance and warranty plans onto online stores, preventing the business from having to compare, arrange and deploy insurance plans themselves. The company's policies are for any business, can be translated into over 40 languages, and are designed to be read easily without unnecessary jargon.
Whilst other insurtech companies offer similar services to Cover Genius, the company has uniquely focused on ensuring its plans are easily readable, translatable, and dynamically priced based on personal requirements. Although the company initially aimed to facilitate insurance and warranty plans for smaller businesses, it also partners with large enterprises such as Ryanair, Amazon, and eBay. In 2024 it secured impressive Series E funding off the back of a year where it achieved 107% year-on-year growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
30% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
May 2024
$80m
SERIES E
Nov 2022
$70m
SERIES D
Total funding: $242.2m
Company benefits
- Flexible Working Conditions
- Employee Stock Options
- Ongoing Learning
- Paid Parental Leave
- Wellness Initiatives
- When From Home When You Want
- Peer Bonuses and Founder Awards Program
- International Working Opportunities
- GC Gives giveback program, led by the team
Company HQ
Midtown South, New York, NY
Leadership
Angus McDonald
(CEO)They were the General Manager of Emerge Digital. Formerly the VP of International Business Development for iClick Interactive Asia Limited.
Chris Bayley
(CIO)They were the former Business Development Manager for Google. Previously an Investor and Executive Director of Software.com from 2009 to 2019.
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