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Accounting & Finance Manager

Thimble

Thimble

Accounting & Finance
United States
Posted on Thursday, May 18, 2023
About Us
Thimble is a leading insurtech platform for small business customers and agents. Thimble allows customers to quickly get insurance coverage by the job, month or year using its award-winning app, website, or over the phone.
Founded by serial entrepreneurs Jay Bregman and Eugene Hertz, Thimble works with a variety of carriers to bring the best insurance solutions to small businesses, brokers and agents. Since it was founded, Thimble has delivered more than 170,000 policies to small businesses across the United States.
Thimble was acquired by Arch Insurance, a unit of Arch Capital Group Ltd. (Nasdaq: ACGL), a publicly listed Bermuda exempted company with approximately $15.6 billion in capital at Dec. 31, 2022. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.
Thimble's innovative culture and technical expertise are an incredible addition to Arch Capital’s portfolio of offerings. The acquisition expands Arch’s suite of digital solutions for small business customers and brokers. Thimble will remain a separate subsidiary, working closely with the Arch Group team.
For more information, visit thimble.com.
Our Values
Our unique culture is built around our six core values:
Think Wild, Act Tame
Be relentlessly creative. Question everything. Get to know the rules so well, you can use them in new ways. Be the industry’s compliant radicals.
Green Means GO
Act. Move forward. Learn. You can only make a decision based on the best information you have – so make it.
Own Every Detail
Be ruthlessly precise. Disciplined. Sweat the small stuff.
Simplify, Simplify, Simplify
Get to the point. Make it crystal clear. Cut everything else. It’s our job to make insurance easy – however hard that is for us.
Every Moment Counts
Show up early and ready. Deliver on time or before. Make the most of your time, so others can make the most of theirs.
Stay Human
Treat every person, and their ideas, with respect. Cherish diversity.
About the Role
We are seeking an experienced accounting manager to join the Finance team, primarily responsible for the creation and development of a world-class accounting department. Reporting to the SVP of Finance, you’ll have the full support of the company to implement processes and procedures (month-end close, T&E, A/P, internal controls, tax reporting, etc.) which will be instrumental in creating the company’s financial infrastructure.
This is the perfect role for someone who thrives in a running-in-the-halls start-up environment, but values the stability provided by a well-capitalized public company. There will be significant opportunities for advancement as the company expands.

Responsibilities:

  • Own monthly, quarterly, and year-end financial statements accounting close process
  • Oversee day-to-day accounting operations including Cash, Accounts Receivable / Payable, Carrier Payables, Accrued Expenses, and Payroll
  • Continually develop, expand, and improve month end close and financial reporting procedures and help drive the reduction of the close timeline by assessing and streamlining close-related activities, same for day-to-day accounting operations
  • Lead the configuration (Financial Statements, dashboards, etc.) of Microsoft Dynamics 365 to leverage the most out the accounting system
  • Provide monthly budget vs actual variance analysis to the Leadership team and quarterly variance analysis to Arch as part of the consolidation process
  • Manage and comply with state, federal, and international government reporting requirements and tax filings
  • Handle the monthly settlement reports with insurance carriers and other partners
  • Support semi-annual audit process with insurance carriers and other partners
  • In time, recruit, lead, and develop a world-class accounting team

Qualifications:

  • Technical knowledge of accounting (US GAAP) particularly around topics inherent with technology companies (software capitalization, NOLs, etc.)
  • Desire to create processes and procedures from scratch and oversee their successful deployment companywide
  • Strong verbal and written communication skills with the ability to interact and interface with all levels of management
  • Relentless attention to detail and accuracy
  • Ability and desire to move in a fast-paced environment
  • Experience with Microsoft Dynamics 365 a plus
  • Experience working in a regulated industry (fintech, insurtech, etc.) highly preferred
  • CPA, Bachelor's Degree, Accounting or MBA preferred
  • Big 4 Accounting Firm and/or high-growth start-up experience preferred
Thimbler Benefits & Perks
-Fully remote company
-Thimble Fridays! (out of office at 12:00 pm local time)
-Comprehensive health, vision, and dental coverage
-28 days paid vacation, 10 company-wide holidays, 1 VTO (Volunteer Time Off), and unlimited sick time
-Parental Leave: 100% paid 12 weeks + 2 weeks gradual return
-Company computer hardware of your choice
-Work from home setup reimbursement
-Monthly co-working space and/or child care reimbursement
-Monthly ClassPass credit
-Quarterly wellness reimbursement
-Other health & wellness perks including: One Medical, Teladoc, Talkspace, Kindbody, and Health Advocate
-Virtual events, happy hours, trivia, and fun!