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Chief Financial Officer

Reserv is an insurtech company focused on automating claims processes with cutting-edge AI and automation technology. They are looking for a CFO skilled in scaling startups or having direct treasury management experience.

Skills

  • Financial benchmarking
  • Treasury management
  • Complex revenue recognition

Responsibilities

  • Assess organizational needs and build a strong finance team
  • Develop and monitor key financial KPIs
  • Support the executive team with strategic insight and reporting

Benefits

  • Generous health insurance package
  • 401(k) retirement plan with employer matching
  • Competitive PTO policy
  • Generous family leave policy
  • Work from anywhere
  • Quality-of-life equipment
To read the complete job description, please click on the ‘Apply’ button
What You Should Know About Chief Financial Officer, Reserv

Join Reserv as our Chief Financial Officer and play an instrumental role in revolutionizing the insurtech landscape! Based remotely, with ties to Atlanta, Georgia, you'll lead our financial strategy in a rapidly growing company that’s making waves in automation and AI technology for claims processing. At Reserv, we're all about tackling long-standing challenges in the insurance industry and setting a new standard for third-party administrators (TPAs), technology providers, and adjusters. Your mission will include building a robust finance team from scratch, developing key financial KPIs, and delivering insightful strategic guidance to our executive team. We’re seeking a passionate financial leader who has experience scaling VC-backed startups or managing TPA treasury functions, with a proven track record of successful exits in the last decade. Your expertise in accounting, financial modeling, and regulatory compliance will be critical in navigating our financial landscape. Plus, you’ll enjoy generous benefits like a health insurance package, 401(k) matching, flexible work arrangements, and the tools you need to thrive. If you're excited about the prospect of helping us automate claims processes while fostering an inclusive and diverse work environment, we can’t wait to meet you!

Frequently Asked Questions (FAQs) for Chief Financial Officer Role at Reserv
What are the key responsibilities of the Chief Financial Officer at Reserv?

As the Chief Financial Officer at Reserv, you will be responsible for assessing organizational needs and building a strong finance team to support various functions. Your role will also include developing and monitoring key financial KPIs such as free cash flow and contribution margins, while providing strategic insights to the executive team through detailed financial reporting.

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What qualifications are required for the CFO position at Reserv?

Candidates for the CFO position at Reserv should have a successful exit from a VC-backed startup within the last 10 years, or substantial experience in treasury management within TPAs. Strong financial skills in accounting, complex revenue recognition, and compliance across US, UK, and EU regulations are essential.

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How does the CFO at Reserv contribute to the company’s growth?

The CFO at Reserv plays a crucial role in steering financial strategy to facilitate growth. By building an effective finance team and establishing key financial metrics, you will support strategic decision-making that aligns with our ambitious growth goals in the insurtech industry.

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What benefits does Reserv offer to the Chief Financial Officer?

At Reserv, the Chief Financial Officer can enjoy a comprehensive benefits package that includes a generous health insurance plan, a 401(k) retirement plan with employer matching, competitive PTO, family leave, and the flexibility to work from anywhere, alongside regular company retreats.

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What is the company culture like for the CFO position at Reserv?

Reserv promotes an inclusive and collaborative company culture, valuing diversity in backgrounds and perspectives. As CFO, you will be part of a team that fosters innovation and critical thinking, striving to create a supportive environment where every employee can thrive.

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Common Interview Questions for Chief Financial Officer
Can you describe your experience in scaling startups as a CFO?

When answering this question, be sure to highlight specific examples from your past roles where you implemented financial strategies that contributed to growth. Discuss your approach to building financial teams and how those teams supported overall business objectives.

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How do you approach financial KPI development and monitoring?

Explain your methodology for identifying vital KPIs specific to the insurtech space. Mention how you've used these KPIs to drive strategic decisions and improve financial performance in previous roles.

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What experience do you have with regulatory compliance in multiple regions?

Discuss your understanding of compliance requirements across the US, UK, and EU, particularly in relation to financial regulations. Share instances where your compliance strategies minimized risk and ensured adherence.

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How do you lead and manage financial teams effectively?

Focus on your leadership style and experience in developing a finance team. Provide examples of how you've hired, trained, and empowered individuals to perform diverse financial functions successfully.

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What insights can you provide regarding complex revenue recognition?

Discuss your approach to revenue recognition, particularly in industries that require nuanced understanding, such as insurtech. Provide examples of challenges you faced and how you resolved them.

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Can you share an example of a successful exit you've overseen?

When answering this question, discuss the strategic steps you took leading to the exit and how your financial strategies supported that achievement. Highlight specific metrics or outcomes that resulted from your leadership.

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What tools and technologies do you utilize for financial analysis?

Provide details on the software, tools, and methodologies you rely on for financial analysis and modeling. Mention how these tools have improved your financial reporting and decision-making processes.

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How do you communicate financial insights to non-financial stakeholders?

Describe your approach to making financial concepts accessible and understandable to those without a financial background. Provide an example of how this communication led to informed decision-making within your team.

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What strategies would you implement to improve cash flow at Reserv?

Share your ideas and strategies for optimizing cash flow within the context of Reserv's operations. Discuss your experience in managing cash flow effectively and how those strategies can directly impact business growth.

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How do you stay current with trends in the insurtech industry?

Discuss the sources you use to stay informed about industry trends, such as conferences, publications, and networking within the insurtech community. Emphasize the importance of continuous learning in your role as CFO.

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Reserv SRL es una empresa de informática especializada en el desarrollo de Software a medida; la integración de proyectos que involucran IT y Outsourcing, otorgando soluciones de integración tecnológi...ca a diferentes empresas de Argentina y Lati...

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Full-time, remote
DATE POSTED
December 5, 2024

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