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Associate Director, Technical Accounting and Financial Reporting

The Company  


Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, HopperRyanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at AmazonFlipkarteBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.

 

Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.


Our People are

Bold, Authentic, Purposeful and Inspired


Our People are not

Perfect, Traditional, Complacent or Cautious


Reporting to the Senior Director, Global Financial Reporting, the Associate Director, Technical Accounting and Financial Reporting will oversee and manage all aspects of IFRS and US GAAP financial reporting for the group. This role will be instrumental in leading the implementation of Workiva, serving as the technical accounting expert, preparing financial statement disclosures, and drafting technical accounting memos. Additionally, this role will own the integration and optimization of NetSuite and Workiva API connections and will lead the drafting process for the consolidated financial statements and footnote disclosures. The ideal candidate will have a thorough understanding of complex accounting standards, a proactive approach to managing external reporting requirements, and the ability to drive the adoption of new financial reporting tools and processes.


Key Responsibilities
  • Financial Reporting and Compliance:
  • Manage the preparation of financial statements, disclosures, and schedules in compliance with IFRS and US GAAP for statutory and external reporting.
  • Ensure the accuracy and completeness of all financial reports and disclosures, aligning with regulatory requirements and best practices.
  • Support the accounting teams on the quarterly and annual financial close processes, focusing on timely and compliant reporting.

  • Technical Accounting Expertise:
  • Act as the go-to expert for IFRS and US GAAP accounting issues, providing technical guidance on complex transactions and treatments.
  • Research, interpret, and implement new accounting standards and ensure the organization’s policies and financial statement disclosures are up-to-date.
  • Draft and maintain detailed technical accounting memos, explaining the rationale, interpretation of accounting standards and methodology behind key accounting decisions.

  • Workiva and NetSuite API Ownership:Lead the implementation and optimization of Workiva, ensuring efficient and effective integration with NetSuite.
  • Oversee the setup, maintenance, and enhancement of NetSuite and Workiva API connections to streamline data flows and reporting accuracy.
  • Provide guidance and support to the finance team on leveraging these tools to maximize reporting efficiency.

  • Audit and External Stakeholder Support:
  • Coordinate with external auditors during financial audits and reviews, providing technical memos, schedules, and documentation as needed.
  • Ensure timely responses to audit requests and that all necessary materials and disclosures are provided.
  • Work closely with FP&A to coordinate responses on questions related to forecasts for impairment analysis, going concern, among others
  • Prepare and deliver clear and comprehensive explanations of financial statements and disclosures to auditors and other external stakeholders.


Skills and Experience
  • Seven plus years of progressive experience in public company financial reporting, with a strong emphasis on IFRS and US GAAP standards.
  • Familiarity and practical experience with the application of IFRS and US GAAP Accounting standards in a tech and/or insurance services environmentExtensive experience in preparing financial statements, disclosures, and technical accounting memos, ideally within a global or multi-entity organization.
  • Prior experience with NetSuite and Workiva is preferredA strong individual contributor capable of operating independently with experience in leading projects end-to-end.
  • Must be proactive and be able to work well independently and partner with organizational customers


Proficiencies and Attributes
  • Thrives on collaboration and operates with a strong internal stakeholder mentality.
  • Uncanny organizational skills and the ability and drive to solve complex problems every day.
  • Expert multitasker, self-prioritizer, and project manager.
  • Strong ability to quickly identify both risks and opportunities while maintaining a strong focus on both process improvements and results.
  • Integrity, maturity, strength of character, and professionalism.
  • Ability to efficiently and accurately process high transaction volume tasks.
  • Able to cope with a dynamic and high change environment.
  • Takes ownership for responsibilities with a positive attitude.


Why Cover Genius?  


Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?  


Flexible PTO. Taking time out is important for our teams to enjoy life and stay fresh.

Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.

Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.

Social Initiativespictures speak a thousand words!


Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!


* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.


*The cash compensation range for this role is between $122,000 and $169,000. All roles are eligible to receive equity.

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CEO of Cover Genius
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Angus McDonald
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Average salary estimate

$145500 / YEARLY (est.)
min
max
$122000K
$169000K

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What You Should Know About Associate Director, Technical Accounting and Financial Reporting, Cover Genius

If you're looking to take your career to the next level, Cover Genius might just be the perfect fit! We are on the lookout for an Associate Director, Technical Accounting and Financial Reporting to join our dynamic remote team on the US East Coast. At Cover Genius, we’re not just an insurtech company; we're pioneers in embedding protection for customers of some of the world's largest digital companies, like Booking Holdings and Amazon. In this role, you will report directly to the Senior Director of Global Financial Reporting and will be at the forefront of managing all aspects of IFRS and US GAAP financial reporting. With your technical expertise, you will guide our accounting practices, ensure compliance, and drive the adoption of our advanced financial reporting tools like Workiva and NetSuite. We value problem solvers and critical thinkers who can navigate complex accounting standards while fostering collaboration among a diverse team spread across 20+ countries. Expect a workplace that is innovative, inclusive, and committed to making impactful changes, both in our products and our communities. We're excited to see how your proactive approach and dedication will help shape our financial strategies and ultimately contribute to our mission of creating a world-class insurance experience for millions globally. Ready to make your mark? Let’s chat!

Frequently Asked Questions (FAQs) for Associate Director, Technical Accounting and Financial Reporting Role at Cover Genius
What are the key responsibilities of the Associate Director, Technical Accounting and Financial Reporting at Cover Genius?

The Associate Director, Technical Accounting and Financial Reporting at Cover Genius is responsible for overseeing IFRS and US GAAP financial reporting. Key duties include managing the preparation of financial statements, providing technical guidance on complex transactions, leading the implementation of financial reporting tools like Workiva and NetSuite, and ensuring compliance with regulatory requirements. This role is integral in maintaining the accuracy of our financial disclosures and supporting audits.

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What qualifications are required for the Associate Director, Technical Accounting and Financial Reporting position?

Candidates for the Associate Director, Technical Accounting and Financial Reporting position at Cover Genius should have at least seven years of progressive experience in public company financial reporting, a strong emphasis on IFRS and US GAAP standards, and a demonstrated history of preparing detailed financial statements and disclosures. Familiarity with financial tools such as NetSuite and Workiva is preferred, along with excellent problem-solving skills and the ability to work independently.

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How does Cover Genius support the professional growth of its Associate Director, Technical Accounting and Financial Reporting?

At Cover Genius, we are committed to the personal and professional growth of our employees. Our Associate Director, Technical Accounting and Financial Reporting will have access to flexible PTO, employee stock options, and opportunities for collaboration with passionate individuals. We believe in recognizing contributions through our CG Gives program, which encourages employees to engage in social initiatives and philanthropic efforts, fostering both personal and professional development.

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What is the company culture like at Cover Genius for the Associate Director, Technical Accounting and Financial Reporting role?

The culture at Cover Genius is built on collaboration, innovation, and inclusivity. As an Associate Director, you will be part of a diverse team that thrives on strong communication and respect for different perspectives. We're looking for individuals who are bold, authentic, and driven by purpose, fostering a work environment that encourages positivity and ownership while tackling complex challenges together.

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What tools and technologies will the Associate Director, Technical Accounting and Financial Reporting be utilizing at Cover Genius?

In the Associate Director, Technical Accounting and Financial Reporting role at Cover Genius, you will primarily work with financial reporting tools such as Workiva and NetSuite. Your responsibility will include managing the implementation and optimization of these platforms to streamline financial processes, improve reporting accuracy, and support compliance with IFRS and US GAAP standards.

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Common Interview Questions for Associate Director, Technical Accounting and Financial Reporting
Can you explain your experience with IFRS and US GAAP standards in your previous roles?

In responding to this question, provide specific examples of how you have applied IFRS and US GAAP standards in your previous positions. Discuss your familiarity with complex accounting transactions and how you ensured compliance through accurate reporting. Mention any software tools you utilized that facilitated your reporting processes.

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How do you handle tight deadlines during the financial closing process?

To effectively answer this question, highlight your time management and organizational skills. Explain how you prioritize tasks, delegate responsibilities, and ensure collaboration among team members to meet tight deadlines. Share an example of a challenging deadline you faced and how you successfully navigated it.

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What strategies do you use to stay current with changes in accounting standards?

When answering, demonstrate your commitment to continuous learning. Mention specific resources such as professional organizations, online courses, webinars, or publications that you utilize to stay informed about changes in IFRS and US GAAP. Reinforce the importance of applying this knowledge in your work.

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Describe a complex accounting issue you have resolved in the past.

Use this opportunity to showcase your analytical and problem-solving skills. Choose a specific example where you encountered a complex accounting issue, outlining the steps you took to research, analyze, and resolve it. Highlight the positive outcome and any feedback you received from stakeholders.

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How do you approach the integration of new financial reporting tools?

Explain your approach to integrating new tools like Workiva or NetSuite in your previous roles. Discuss the critical steps you implement, including stakeholder engagement, training, and testing. Emphasize your adaptability to new technologies and how you ensure smooth transitions.

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What do you consider when preparing financial statements and disclosures?

Detail the key considerations you take into account when preparing financial statements, such as accuracy, completeness, compliance with regulations, and alignment with best practices. Discuss the importance of thorough reviews and collaboration with other departments.

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How do you ensure effective communication with external auditors?

Articulate your approach to maintaining open and clear communication with external auditors. Share any strategies you employ to anticipate auditors’ needs, provide timely documentation, and facilitate a smooth audit process. Highlight any successful audit experiences.

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Can you discuss a time you led a project related to financial reporting?

When asked this, recount a specific project where you played a leadership role, the objectives, and the outcome. Emphasize your project management skills, ability to collaborate with cross-functional teams, and how you addressed any challenges encountered along the way.

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How do you handle discrepancies or errors in financial reporting?

In your response, describe your systematic approach to identifying, investigating, and rectifying discrepancies or errors. Stress the importance of attention to detail, thorough documentation, and follow-up procedures to prevent future errors.

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What is your understanding of the role of technical accounting in a global organization?

Indicate your awareness of the unique challenges a global organization faces, including different regulatory requirements and diverse accounting practices. Discuss how technical accounting plays a crucial role in ensuring consistency and compliance across all entities, adapting policies as necessary.

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Cover Genius protects millions of customers of the world’s largest online companies. Our goal is to protect all of them.

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Full-time, remote
DATE POSTED
December 8, 2024

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