Job Details

Company Overview

More than 35 years ago, SelectQuote was founded on one core promise: to help our customers protect the people they value most. We pioneered the way consumers shopped for term life insurance, and now, we also help people find home insurance, auto insurance, senior health insurance and more. Our quick and easy process saves consumers both time and money, and today, more than 2 million families trust us to help them with their insurance needs.

But what truly sets us apart is our people, and the opportunities to grow your career with SelectQuote are unmatched.

About the Role

The Director, Revenue Accounting leads the Senior and Auto and Home Insurance Divisions revenue accounting. The Director of Revenue Accounting would work directly with Revenue Operations as well as Finance organization to analyze and communicate results of the accounting for revenue, receivables, as well as related estimates. The Director of Revenue Accounting will supervise a Revenue Manager and a Senior Accountant, and will report to the Vice President of Revenue Management.

Supervisory Responsibilities:

• This position has direct supervisory responsibilities.

Essential Duties and Responsibilities:

• Manage a team of 2 to 3 direct reports (Senior Accountants and Accounting Managers)
• Obtain a deep understanding of our ABS ("securitization") structure and the required reporting
• Obtain a deep understanding of our revenue recognition model for Senior and Auto & Home Insurance Distribution divisions, including customer trends
• Maintain and update understanding and documentation of relevant revenue accounting systems, general ledger and securitization accounting systems, as well as customer contracts and an understanding of the impact of these contracts to expected revenue and revenue recognized
• Oversee the reconciliation of monthly revenue, accounts receivable and commissions receivable, as well as monthly journal entries
• Maintain and update documentation of the Company's Senior & Auto/ Home Insurance Distribution revenue recognition policies, and any quarterly revenue recognition judgements and conclusions
• Manage the revenue accounting team and ensure adherence to monthly close objectives and timelines
• Coordinate with the Revenue Operations team and Finance to meet necessary monthly and quarterly objectives and research abnormalities
• Plan and manage timing of quarterly (or ad hoc as needed) revenue estimate updates and analysis, including coordination with Finance Operations
• Ensure timely and accurate reporting required under our Securitization structure
• Ensure SOX controls are performed as required, as well as consider enhancements or rationalization opportunities
• Challenge current processes and improve efficiency
• Participation with annual financial audit, including leadership in revenue work
• Special projects and ad hoc analyses as needed

Skills/Abilities:

• Strong grasp of US GAAP particularly in the area of revenue recognition
• Ability to understand and work with complex systems and databases including knowledge of SQL
• Leadership and talent development
• Excellent time/ project management coupled with strong analytical problem solving and organizational skills
• Proficient in accounts receivable cash and revenue business process cycles
• Strong understanding of SOX requirements including risks and controls relevant to revenue and receivables
• Ability to read understand and digest customer contracts
• Detail oriented
• Excellent oral and written communication skills

Education and Experience:

• Bachelor's degree in accounting finance or other related fields required
• Minimum 10 years of experience in accounting and complex financial systems or related experience required
• 5 years of experience leading high performing teams required
• Experience in an insurance industry a plus
• Possess an advanced knowledge of Microsoft Excel, and skills for managing large datasets, with understanding of SQL as a strong preference

Physical Requirements:

• Work is performed indoors with potential for exposure to safety and health hazards related to office work. Could periodically travel to other office and operational sites. The noise level in the work environment is usually moderate.
• Prolonged periods of sitting at a desk and working on a computer.

SelectQuote Core Values:

Service: We create positive customer experiences.

Entrepreneurship: We create innovate & take risks.

Leadership: We build & invest in high-performing teams.

Empowerment: We embrace a changing environment.

Courage: We challenge the status quo & drive continuous improvement.

Teamwork: We help support & celebrate each other.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required.