Honeycomb is a deep-tech, digital insurer focusing on multi-family property insurance, a $34B market in the US alone. Our core value proposition is delivering a differentiated, long-lasting customer and partner experience. Our proprietary Artificial Intelligence technology enables us to do so while generating 4x YoY topline growth and unparalleled profit margins.

In contrast with the traditional insurance industry, which relies primarily on costly manual labor, Honeycomb already automated 60% of its underwriting processes achieving significantly better customer experience, consistency, and scalability and at the same time, delivering extremely low and highly consistent loss ratios. Honeycomb is expected to cross $100M in annual sales in Q1 2024 while maintaining its strong and highly sustainable growth.

The Controller is responsible for overseeing the financial operations of the organization, ensuring accuracy and compliance with accounting standards. This role involves managing financial reporting, budgeting, and internal controls to support the organization’s strategic goals, reporting to the Chief Financial Officer.

This position is relevant for candidates in Chicago or Madison. 

Key Responsibilities

• Financial Reporting: Prepare accurate and timely financial statements and ensure compliance with US GAAP and relevant accounting standards; provide financial reports, analysis, and insights for different stakeholders (leadership, investors, etc.) to support decision-making processes.
• Finance Operations: Design, document and implement finance and accounting processes and systems. Lead month-end close processes, and oversee accounts payable/receivable and commission payments calculation.  
• Budgeting and Forecasting: Support the Chief Financial Officer in developing and managing the annual budgeting process in collaboration with department heads. Monitor and analyze budget variances.
• Internal Controls: Establish and maintain effective internal control procedures to safeguard assets and ensure the integrity of financial information. Conduct regular reviews of financial processes to identify areas for improvement and efficiency.
• Financial Compliance: Ensure compliance with tax regulations, reporting requirements, and other financial laws. Collaborate with external auditors to facilitate annual audits and address audit findings.
• Treasury: Oversee cash flow management, including monitoring liquidity and optimizing working capital. Develop and implement cash management policies and procedures.

Required Experience 

• Bachelor’s degree in Accounting, Finance, or a related field. A master’s degree or CPA certification is preferred.
• 5-10 years’ experience, including in a senior-level accounting/finance role. 
• Proficient in the use of financial management software and ERP systems.
• Previous success in a fast-paced, high-growth, metrics-driven, venture capital-backed business. Possesses the ability and knowledge to anticipate needs and minimize exposure and risks.
• Experience and knowledge in accounting for property & casualty insurance would be a plus
• Holds themself and others accountable for actions and outcomes and have an unwavering adherence to a set of ethical standards and principles.
• Positivity & Growth Mindset - Brings energy, determination, and motivation to excel and achieve personal and company missions and growth.
• Adaptability & Agility - Embraces changing circumstances, learns, adapts, and acts quickly. Possess an entrepreneurial spirit.
• Analytical Skills - Strong analytical and problem-solving abilities, attention to detail and comfortable working with large data sets across multiple systems and perform complex analyses and reconciliations.
• Excellent verbal and written communication skills.