What are the responsibilities and job description for the Accounts Receivable Specialist position at Cover Genius?
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, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, 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
About the role
Reporting to the Associate Director, Revenue Accounting based in London, the Accounts Receivable Specialist will support and coordinate the company's invoicing and accounts receivable requirements globally. You will play a key role in the business and will have responsibility for ensuring all invoices are processed on time, accurately, and in accordance with contracts and local legislation.
\n- Ensure invoicing processes are operating effectively and efficiently.Monitor Accounts Receivable balances including escalating issues.Partner with the Treasury team in the timely collection of cash.Support in ensuring correct invoicing from a regulatory and compliance perspective.Own the process of ensuring cash received is matched against the correct invoice.Partner with our Platform Team to resolve invoice anomalies.Analyse differences between month-end accruals and actual invoices, and lead the resolutions.Ensure key performance indicators (KPIs) and service level agreements (SLAs) are met.Partner with the financial reporting team to ensure adherence to US GAAP standard requirements.Ownership of the Accounts Receivable Aging including escalations and tracking.Support the financial reporting team in statutory and group audits on revenue-related topics.Support internal business related queries regarding revenue.
- 5 years experience in invoicing and collections with an international businesses
- Netsuite experience
- Familiarity with revenue recognition requirements under US GAAP
- Strong understanding of invoicing processes
- Experience in providing information to external auditors
- Strong analytical skills to assess invoicing requirements, and make data-driven decisions
- Understanding of data protection regulations and confidentiality requirements in handling customer information
- Ability to work in a fast-paced, global environment with a customer-centric mindset
- Relevant certifications in Accounts Receivable accounting, or general accounting are advantageous, but not required
- Willingness to be adaptable for calls with team members on European timezones
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 Work Environment - Our teams are hybrid. We work from home on a Wednesday and Thursday and attend the office on Monday, Tuesday and Friday with flexibility around start/finish times.
• 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 Initiatives - pictures 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!
*The cash compensation range for this role is between $100,000-$130,000.
*This is a hybrid role based in our San Francisco office, with in-office days on Mondays, Tuesdays, and Fridays.
* 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.
Salary : $100,000 - $130,000
