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Full-Time

GAAP Controller

Posted on 7/17/2024

Pie Insurance

Pie Insurance

201-500 employees

Provides workers' compensation insurance for small businesses

Financial Services
Fintech

Compensation Overview

$160k - $200kAnnually

+ Equity + Bonus

Senior, Expert

Remote in USA + 1 more

Category
Financial Accounting
Financial Controller
Management Accounting
Accounting
Requirements
  • Bachelor’s degree in accounting or finance preferred or equivalent combination of education and experience.
  • A minimum of 12-years of relevant public accounting or industry experience is required.
  • A minimum of 8-years of P&C insurance experience is required.
  • A minimum of 5-years of people management experience is required.
  • Strong experience and proficiency in GAAP accounting.
  • Demonstrated understanding of insurance financial operations, reinsurance, and premium is required.
  • Excellent verbal and written communication skills with the ability to interact with internal and external customers.
  • Capable of developing a team and training / mentoring team members to enable them to perform their required responsibilities accurately, efficiently and independently.
  • Advanced problem solving skills, to be able to manage complex situations with multiple layers, and resolve to solution anticipating the needs of a high-growth organization.
  • Demonstrates ownership for committed deadlines and outcomes.
  • Ability to apply technical accounting knowledge to real-world business transactions.
  • Ability to develop, implement and document effective internal controls.
  • The ability to drive team members to have the professional courage to suggest and implement process improvements and automations and instill the sense of process ownership to team members.
  • Advanced awareness of workflow, and project tradeoffs to make decisions based on needs now and into the future.
  • Self-starter and self-motivated to work independently in a fast-paced environment.
  • Organized, detail-oriented and deadline-driven.
  • Strong Excel skills and ability to work with large data sets.
Responsibilities
  • Oversee the monthly, quarterly, and annual close processes by developing the most effective, accurate, and automated processes possible.
  • Utilize the Accounting Manager to own the details of the close process and identify the right people to perform the right areas of the close.
  • Use metrics and scorecards to track processes, identify and address dependencies, and pivot as appropriate.
  • Manage quarterly reviews and annual audits performed by a Big 4 audit firm.
  • Prepare U.S. GAAP-compliant financial statements, including all core statements and required footnotes to meet GAAP and SEC requirements.
  • Oversee all accounting/business operations, including A/P, payment processing (dividends, refunds, etc.), corporate card management, T&E expense reporting, and treasury and banking operations.
  • Oversee and manage SOX compliance within the accounting department.
  • Work closely with Pie’s SOX Implementation Manager to develop, maintain, and improve controls over accounting and financial reporting (ICRFs).
  • Drive Process Improvement. Continually reassess existing processes to identify and remedy inefficiencies.
  • Learn Pie’s software tools to make optimal use of automation.
  • Manage projects which can be internal department projects as well as larger, cross-functional business projects.

Pie Insurance offers workers' compensation insurance tailored for small businesses, providing wage replacement and medical benefits for injured employees. The company uses data-driven technology to deliver quick insurance quotes in just three minutes, making the process simple for busy business owners. Operating in 38 states and Washington, D.C., Pie Insurance aims to provide affordable coverage with potential savings of up to 30%. Its focus on technology and customer-centric service distinguishes it from traditional insurance providers.

Company Stage

Series D

Total Funding

$621M

Headquarters

Washington, District of Columbia

Founded

2017

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-2%

2 year growth

-4%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $11 million Series A funding round positions Pie Insurance for rapid expansion and growth.
  • The appointment of experienced industry leaders like Audra Foglietta as CFO strengthens the company's strategic and financial capabilities.
  • Integration with platforms like Ivans Download enhances Pie Insurance's operational efficiency and customer service.

What critics are saying

  • The recent layoff of 14% of the workforce indicates potential financial instability and challenges in the funding environment.
  • Expansion plans may face regulatory hurdles and market saturation in the highly competitive insurance sector.

What makes Pie Insurance unique

  • Pie Insurance leverages data-driven technology to offer competitive pricing and quick quotes, setting it apart from traditional insurance providers.
  • The company's focus on small businesses allows it to tailor its services specifically to the unique needs of this market segment.
  • Pie Insurance's promise of potential savings up to 30% on workers' compensation insurance is a significant competitive advantage.

Benefits

Competitive cash compensation

Equity

Comprehensive health plans

Generous PTO, including paid sick leave

Future focused 401k match

Generous parental & caregiver leave

INACTIVE