Full-Time

Director – Technical Accounting

Confirmed live in the last 24 hours

Zinnia

Zinnia

501-1,000 employees

Insurance technology for life products

Data & Analytics
Fintech

Senior

Greenwich, CT, USA

Hybrid position based in Greenwich, CT.

Category
Cost Accounting
Financial Accounting
Financial Analysis
Accounting
Requirements
  • Bachelor’s degree in Accounting, Finance, or a related field. An advanced degree is a plus.
  • Certified Public Accountant (CPA) with Big 4 public accounting experience.
  • A minimum of 10 years of experience in public and/or private accounting, with expertise in technical accounting and acquisition accounting.
  • Strong understanding of ASC 606 revenue recognition standards and experience with acquisition accounting.
  • Proven ability to perform detailed technical accounting research and provide sound advice on complex transactions.
  • Excellent analytical, problem-solving, and organizational skills.
  • Strong communication skills and the ability to work both independently and collaboratively with cross-functional teams.
  • Experience managing audits and interacting with external auditors.
  • Ability to manage multiple priorities and deadlines in a fast-paced environment.
Responsibilities
  • Review significant and/or unusual transactions to determine the appropriate accounting treatment. Provide clear and concise guidance to stakeholders.
  • Collaborate with revenue accounting team to review new revenue contracts to ensure proper revenue recognition in accordance with ASC 606. Prepare thorough accounting analysis and memorandums to support the revenue recognition approach.
  • Conduct in-depth technical accounting research and provide consulting to cross-functional teams on a wide range of technical accounting matters, including revenue recognition, leases, and financial instruments.
  • Perform acquisition accounting analysis and work closely with external valuation firms to identify and assess intangible assets. Review and document the reasonableness of various valuation methodologies.
  • Perform the annual goodwill impairment analysis, ensuring all necessary documentation is prepared and aligned with accounting standards.
  • Stay updated on new accounting standards and pronouncements. Evaluate their impact on the organization, and ensure that updates are adequately accounted for and disclosed.
  • Organize and lead technical accounting learning sessions for junior accounting personnel to foster their professional development.
  • Participate in internal and external audit process walkthroughs. Manage and coordinate requests related to internal control narratives, risk control matrices, and tests of controls.
  • Assist with year-end audits by managing audit request lists, reviewing, and providing the requested information, and coordinating with external auditors as necessary.
  • Provide technical accounting guidance for internal ad-hoc requests, collaborating with finance, legal, and operations teams as needed.

Zinnia focuses on improving the life and annuity insurance market by providing a platform that simplifies the creation, management, and servicing of insurance products. The platform uses technology and data analytics to help insurance companies launch products quickly and manage them efficiently. This results in a better buying experience for consumers and improved operational efficiency for insurers and financial advisors. Zinnia's platform is user-friendly, allowing consumers to easily understand and purchase life and annuity products. The company aims to enhance the relationship between customers and insurers, ensuring better protection and wellbeing for consumers. Zinnia differentiates itself by offering real-time data sharing and actionable insights, which help all parties make informed decisions.

Company Stage

Seed

Total Funding

$1.7M

Headquarters

Topeka, Kansas

Founded

2005

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-6%

2 year growth

-6%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Ebix's assets positions Zinnia as a dominant player in the life and annuity sector, potentially leading to increased market share and revenue.
  • Zinnia's expanded offerings, including SmartOffice and AnnuityNet, provide a more comprehensive suite of tools for advisors and insurers, improving client satisfaction and operational efficiency.
  • The integration of over 770 new team members from Ebix could bring fresh perspectives and expertise, fostering innovation and growth.

What critics are saying

  • The integration of Ebix's assets and employees may present challenges in terms of cultural and operational alignment, potentially disrupting business processes.
  • The financial instability of Ebix, as evidenced by its bankruptcy, could pose risks to Zinnia if any unforeseen liabilities or issues arise post-acquisition.

What makes Zinnia unique

  • Zinnia's focus on life and annuity products sets it apart in the insurance technology market, where many competitors offer a broader range of insurance solutions.
  • The acquisition of Ebix's North American Life and Annuity Assets significantly expands Zinnia's capabilities, adding market-leading tools and a comprehensive underwriting platform.
  • Zinnia's emphasis on real-time data sharing and actionable insights enhances decision-making for insurers, advisors, and consumers, providing a more transparent and efficient experience.

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