SelectQuote Insurance Services

Director, Revenue Accounting

SelectQuote Insurance Services

full-time

Posted on:

Origin:  • 🇺🇸 United States • Kansas

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Job Level

Lead

Tech Stack

SQL

About the role

  • Manage a team of 2 to 3 direct reports (Senior Accountants and Accounting Managers).
  • Lead Senior and Auto and Home Insurance Divisions revenue accounting.
  • Work directly with Revenue Operations as well as Finance organization to analyze and communicate results of the accounting for revenue, receivables, as well as related estimates.
  • Supervise a Revenue Manager and a Senior Accountant, and report to the Vice President of Revenue Management.
  • Obtain a deep understanding of our ABS (“securitization”) structure and the required reporting.
  • Obtain a deep understanding of our revenue recognition model for Senior and Auto & Home Insurance Distribution divisions, including customer trends.
  • Maintain and update understanding and documentation of relevant revenue accounting systems, general ledger and securitization accounting systems, as well as customer contracts and an understanding of the impact of these contracts to expected revenue and revenue recognized.
  • Oversee the reconciliation of monthly revenue, accounts receivable and commissions receivable, as well as monthly journal entries.
  • Maintain and update documentation of the Company’s Senior & Auto/ Home Insurance Distribution revenue recognition policies, and any quarterly revenue recognition judgements and conclusions.
  • Manage the revenue accounting team and ensure adherence to monthly close objectives and timelines.
  • Coordinate with the Revenue Operations team and Finance to meet necessary monthly and quarterly objectives and research abnormalities.
  • Plan and manage timing of quarterly (or ad hoc as needed) revenue estimate updates and analysis, including coordination with Finance Operations.
  • Ensure timely and accurate reporting required under our Securitization structure.
  • Ensure SOX controls are performed as required, as well as consider enhancements or rationalization opportunities.
  • Participation with annual financial audit, including leadership in revenue work.
  • Special projects and ad hoc analyses as needed.

Requirements

  • Bachelor’s degree in accounting finance or other related fields required.
  • Minimum 10 years of experience in accounting and complex financial systems or related experience required.
  • 5 years of experience leading high performing teams required.
  • Experience in an insurance industry a plus.
  • Possess an advanced knowledge of Microsoft Excel, and skills for managing large datasets, with understanding of SQL as a strong preference.
  • Strong grasp of US GAAP particularly in the area of revenue recognition.
  • Strong understanding of SOX requirements including risks and controls relevant to revenue and receivables.
  • Ability to understand and work with complex systems and databases including knowledge of SQL.
  • Leadership and talent development.
  • Excellent time/ project management coupled with strong analytical problem solving and organizational skills.
  • Ability to read understand and digest customer contracts.
  • Detail oriented.
  • Excellent oral and written communication skills.
  • Could periodically travel to other office and operational sites.