Honeycomb is a deep-tech, digital insurer focusing on multi-family property insurance, a $34B market in the US alone. Our core value proposition is delivering a differentiated, long-lasting customer and partner experience. Our proprietary Artificial Intelligence technology enables us to do so while generating 4x YoY topline growth and unparalleled profit margins.
In contrast with the traditional insurance industry, which relies primarily on costly manual labor, Honeycomb already automated 60% of its underwriting processes achieving significantly better customer experience, consistency, and scalability and at the same time, delivering extremely low and highly consistent loss ratios. Honeycomb is expected to cross $100M in annual sales in Q1 2024 while maintaining its strong and highly sustainable growth. As the FP&A Manager, your mission is to help transform the company’s Financial Planning and Analysis function.
In doing so, you will closely collaborate with stakeholders from Sales, Marketing, Underwriting, Product and Engineering. You will drive increased visibility into short-term resource allocation and long-term financial strategy. You have an opportunity to directly influence overall company strategies, interact with the company’s senior leadership, all while scaling a tightly functioning FP&A organization.
Responsibilities:
- Own the Company’s Consolidated Financial Model
- Improve our Budgeting and Forecasting processes including strategic alignment across Senior Leadership
- Manage the monthly, quarterly, and annual FP&A processes for operating expenses and headcount, including planning cycles, budgeting, forecasting, variance analysis, and management reporting.
- Support the consolidation of company-wide monthly and quarterly financial reviews for executive management, providing perspectives into key drivers, as well as risks and opportunities.
- Structure, build, and maintain complex financial and decision-making models, as necessary, to support key outcomes in the functions.
- Partner with cross-functional teams to understand data structures, align on definitions and data sources and build automation of agreed-upon metrics.
- Prepare commentary and presentation materials for executive-level discussions and the board.
- Work cross-functionally to help drive efficiency across core processes by providing accurate operational KPIs and actionable insights.
- Identify new systems and tools to scale our function
- Establish oneself as a trusted partner to peers and senior leaders with an intimate understanding of stakeholder requirements
Requirements:
- 6+ years of FP&A experience with a proven track record of owning and driving financial forecasts; ideally in a high growth environment
- Expert MS excel skills – candidate should be comfortable with financial modeling and working with large data sets
- Experience with Tableau and ERP solutions (i.e.. NetSuite, Intacct) a plus
- Working knowledge of US GAAP (Accruals, COGS, and Capitalization versus Expense)
- Excellent interpersonal skills with the ability to communicate effectively both verbally and in writing, including exceptional excel and PowerPoint skills to convey data and insights
- Demonstrated ability to drive large-scale planning processes that involve multiple stakeholders
- Strong analytical and problem solving skills
- The desire to improve processes and make your own job easier over time
- BA/BS in finance, accounting, economics, or a quantitative discipline (MBA is a plus!)
