InsurX are on a mission to build the technology that connects any broker and any insurer so they can exchange risk without friction.
After our first partners signed up in late 2022, 27 broking houses and 22 insurers have now traded over $150m in premium using our technology. We’re targeting $1B of premium traded using our technology by the end of 2027.
The insurance market is ripe for change and rapidly digitalising – this isn’t just our opinion, it’s the market’s consensus. The insurance industry is like investment banking in the late ’70s: it’s about to go through its own “Big Bang”. InsurX is leading the charge. We’re making a success of it by we’ve assembling a stellar team of diverse talent, uniting technology expertise with deep knowledge of the insurance business. Our team is united by intellectual curiosity and a determination to change insurance for the better.
The Role
We’re looking for a Financial Controller to ensure accurate reporting of our numbers and help us scale our financial operations to support a growing business, ultimately to drive better decision making.
This is a full-time, in-house position.
What you’ll do
- Develop, implement and improve strong financial processes, controls and policies that can scale with the business using AI and other automation tools
- Manage the month-end close process, balance sheet reconciliations, month-end journals and consolidation (across several subsidiaries)
- Manage external accountants and advisors, and liaise with HMRC
- Own the monthly management information reporting including P&L, balance sheet and cash flow
- Run our revenue recognition, cash collection and partner payments process alongside our Data Science and Revenue Operations teams
- Manage and process quarterly VAT returns, monthly payroll and the year-end statutory accounts process
- Ensure compliance with HMRC, Companies House and German entity filing requirements
- Lead our technical accounting alongside advisors on topics like revenue recognition, share-based payments, and consolidation
- Continue to improve reporting and insights that Finance provide the rest of the business
What we’re looking for
- You are ACA/ACCA/CIMA qualified or equivalent (Mandatory)
- You have a minimum of 2 years of experience in financial accounting, controlling and reporting within a fast-growing tech company
- You have worked as an auditor or have been closely involved in financial audits (Mandatory)
- You have experience with an accounting software program (ideally Xero)
- You have used AI to build and improve new and existing finance operations processes to either improve output quality or speed up delivery
- You are comfortable working with large sets of data in Excel
- You have experience with consolidations, intercompany eliminations and foreign exchange
- You’re a self-starter who is not afraid to challenge the status quo or find new ways of doing things
- You’re data-driven with a high attention to detail and are comfortable with working in a constantly changing environment
- You’re a team player with a positive attitude, even when facing big challenges / obstacles
- You’re not afraid of stepping out of your comfort zone and enjoy partnering with the business to drive accountability and better decision making
Nice to have
- You’re at ease with technical accounting topics, analysis and bringing a company’s financials in line with UK GAAP / IFRS
- You have experience in the insurance industry
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