Director of Revenue

3 weeks ago


Kansas City, United States Spring Venture Group Full time

Company Description

As a leader in Medicare health insurance distribution, Spring Venture Group guides people through one of their most important life decisions - finding the right insurance coverage. We are on a mission to be the most trusted partner for our customers and our people, enabling empowered decisions along the journey to health and financial well-being.

Spring Venture Group offers incredible culture, benefits, and fantastic income potential in a stable and successful work environment at a Medicare agency. This starts with a workplace that empowers people to do their best work. Come build a rewarding career and make a meaningful impact on peoples' lives in an environment that values your determination. Join our diverse, inclusive team and get ready to crush your goals

Job Description

What will you be responsible for as part of this role?

● Lead team of Accountants and Data Integrity team members to achieve departmental

goals by providing direction, coaching, and timely performance feedback; support team

training, career development planning, and provide work assignments with growing levels

of responsibility.

● Lead implementation of new system for our cash collections and commission receivable

tracking, collaborating with our technology department to enhance the overall revenue

recognition process

● Manage all aspects of revenue recognition, including detailed revenue calculators and all

related inputs (e.g., placement, persistency, commission rates, etc.).

● Oversee monthly reconciliations performed by the Data Integrity team as well as account

reconciliations over various general ledger accounts.

● Maintain repository and deep understanding of current and former carrier contracts,

including amendments and supporting commission rate schedules.

● Oversee the interaction of such contract terms with the Company's accounting models.

● Perform technical accounting evaluation to determine appropriate revenue recognition.

● Review and analyze lifetime value model outputs before creation of entries to the general

ledger.

● Assist with contract reviews for carriers and other current or potential partners, including

insight and guidance into value creation and comparison across partners.

● Manage all aspects of cash receipts, including detailed reporting and comparisons of

actuals vs. projections.

● Manage quarterly receivable valuation as performed by independent third parties.

● Work closely with FP&A on various forecasts inputs and variance analysis.

General: Roles & Responsibilities

● Assist with monthly, quarterly, and year-end financial statements, including related

footnotes and required disclosures.

● Extensive involvement with annual financial statement audit.

● Perform analysis of financial metrics, key performance indicators, and budget vs. actual.

● Maintain an advanced knowledge of accounting standards and trends.

● Perform other duties and responsibilities as assigned.

Qualifications

Who are you?

● Bachelor's degree in finance, accounting, business administration, or a related field

● Knowledge of generally accepted accounting principles

● Strong accounting and financial analysis expertise and fluency in analyzing data

● Ability to define problems and make recommendations which support the strategic

direction of the organization

● Ability to multi-task and to work in a fast-paced environment with tight deadlines

● Proven ability to develop and motivate staff

● Demonstrated ability to take initiative and work collaboratively and independently

● Solid verbal and written communication and presentation skills

● Minimum five years in a Accounting and/or Finance Department with at least two years

prior experience serving in a team lead and/or management role

How can you set yourself apart?

● Extensive knowledge of ASC 606 revenue recognition in the insurance broker industry

● Workday ERP system experience

● CPA with public accounting experience

● Experience with implementing new system for commission receivable reporting

Additional Information

Benefits:

The Company offers the following benefits for this position, subject to applicable eligibility requirements:

* Competitive Compensation
* Medical, Dental and vision benefits after a short waiting period
* 401(k) matching program
* Life Insurance, and Short-term and Long-term Disability Insurance
* Optional enrollment includes HSA/FSA, AD&D, Spousal/Dependent Life Insurance, Travel Assist and Legal Plan
* Generous paid time off (PTO) program starting off at 15 days your first year
* 15 paid Holidays (includes holiday break between Christmas and New Years)
* 10 days of Paid Parental Leave and 5 days of Paid Birth Recovery Leave
* Annual Volunter Time Off (VTO) and a donation matching program
* Employee Assistance Program (EAP) - health and well-being on and off the job
* Rewards and Recognition
* Diverse, inclusive and welcoming culture
* Training program and ongoing support throughout your Venture Spring Venture Group career

Spring Venture Group is an Equal Opportunity Employer


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