Accounts Payable Associate, Cover Genius
Offers stock options
B2B insurance and warranty API
Job no longer available
B2B insurance and warranty API
501-1000 employees
Job no longer available
Offers stock options
501-1000 employees
Company mission
To protect all the customers of the world’s largest digital companies.
Role
Who you are
- Business university degree with post-qualification
- 3+ years of AP experience
- Experience working with NetSuite, Coupa, Navan and Ramp preferred
- Strong skills in Microsoft Excel and/or Google sheets
- Thrives on collaboration and operates with a strong internal stakeholder mentality
- Excellent verbal and written communication skills
- Strong ability to quickly identify both risks and opportunities while maintaining a strong focus on both process improvements and results
- Able to cope with a dynamic and high change environment
- Takes ownership for responsibilities with a positive attitude
- Proactive self-starter, resourceful with a strong work ethic
- Capable of working independently as well as working in a team
- Fluent in spoken and written English
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 Manager, Global Accounts Payable
- This role requires a knowledgeable and resourceful team player who will support and assist in the evolution of the day-to-day AP and T&E transactions while working cross-functionally across the organization
- The AP Associate will support key financial processes relating to global costs and will continually support and enable all departments of the business and its rapid growth
- We are looking for a driven, reliable, and self-starting person who works exceptionally well with others, has stellar communications skills and wants to be part of a global insurtech company with the vision to protect all customers of the world’s largest digital companies
- Play an integral role in the global AP function of invoice processing, vendor data maintenance and payment processing
- Manage vendor queries
- Data entry and follow up approvals for all supplier invoices
- Accurate coding and processing of weekly supplier payments
- Providing support to users of our T&E platform, Navan
- Ensure costs are accurately reflected in Netsuite on a day-to-day basis
- Follow up and resolve expense account queries
- Managing credit card payment process, accurate account coding and collection of expense receipts
- Identify opportunities for automation, standardisation, and overall process improvement
- Support the financial reporting department in providing audit evidence as requested
- Partake in ad hoc accounting or finance projects and analyses
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: $242.4m
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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