THIS JOB HAS EXPIRED About DriveFactor
DriveFactor strives to be the ?Trusted worldwide source for driving data and analytics for the Auto Insurance Industry?. It was founded in January 2010 and is privately owned and backed by VC firms Safeguard Scientifics (NYSE: SFE) and QED Investors. The firm also has a strategic alliance with FICO, the worldwide leader in risk scoring.
Headquartered in Richmond, VA, DriveFactor combines mobility technology and high-powered data and analytics software into a single, revolutionary offering in the usage-based auto insurance (UBI) market. Usage-based insurance means using electronic sensors to measure how a car is driven and setting rates based on those sensor readings. DriveFactor?s offering helps drivers improve their driving and benefit from personalized rates and safe-driver discounts.
The key benefit of the company?s value proposition is that it provides insurance companies with a turnkey solution (hardware, software and services) that can underwrite driving insurance based on a Driving Score. This solution requires very little IT integration and helps drivers improve their driving and benefit from lower premiums with an easy to use device.
This position reports to the Chief Financial Officer.
Management responsibility for general accounting, A/P, A/R
Management responsibility for revenue accounting and invoicing (ensure a contract administration process is in place)
Work with the CFO ? to establish and maintain internal controls
Produce monthly GAAP financial statements (P&L, Balance sheet and Cash flow)
Monitor loan covenants and send monthly financial reports to bank and outside investors
Maintain Quick Books financial system
Prepare monthly bank reconciliations
Work with operations on inventory control and movements
Work with outside auditors on year end audit and technical accounting issues
Requirements and Background Experience
Prior hands on experience working as a Controller/Asst. Controller with a middle market company
Experience working in a startup a plus
B.S. in Accounting and or Finance; MBA a plus;
Must have a CPA
Strong knowledge of GAAP accounting and financial statement preparation
Must have experience working with Quick Books
Strong excel skills
Initially 20-25 hours per week (position could evolve to full time as the firm grows).
||Glen Allen, VA |
THIS JOB HAS EXPIRED