Financial Operations Specialist

Hippo Insurance

Hippo Insurance

Accounting & Finance, Operations
Austin, TX, USA
Posted on Tuesday, April 4, 2023

Title: Financial Operations Specialist
Location: Austin, TX
Reporting To: Manager, Financial Operations

About Hippo:

Our mission is to deliver intuitive and proactive protection for homeowners, combining the power of technology with a human touch.

Hippo built the world’s first home protection platform. We believe that insurance should protect your home and the things you treasure with policies designed for modern lives and proactive protection that helps you care for your home. Our aim is to help you avoid issues before they become costly problems because the best claims experience is the one you don’t have. Simply put, Hippo exists to protect the joy of homeownership.

About you:

Motivated individual who seeks challenges and strives to improve daily. You will help in establishing policies, procedures, and guidelines in an ever growing and changing business. Ability to thrive in a fast-paced working environment. Candidate will need to be able to simultaneously complete daily tasks, group and individual projects as assigned. Have an ability to understand business needs and apply financial checks and controls.

What You’ll do:

  • Perform variance analysis on daily/weekly/monthly/annual reports. Investigate and report on findings, propose potential solutions
  • Assist in establishment of controls and procedures for new business lines
  • Commission payout processing and analysis
  • Payment application and review
  • Develop and Provide trainings to other departments regarding new financial tasks
  • Reconciliation & balancing of disbursements, AP, and various accounts
  • Treasury assistance and maintenance - process payments, transfers, research, and reporting
  • Work closely with accounting to maintain audit controls and produce requested documents and reports during audits
  • Review for possible fraudulent transactions, improper endorsements and report findings to team, partners, and bank contacts
  • Review and update escheatment and aging reports, convey results to billing
  • Detect, Recognize, report, and recommendation for financial system inefficiencies
  • Individual and team project management
  • Escheatment tracking and reporting on a state-by-state basis
  • Create detailed procedures each time the team receives a new task. Maintain and improve current procedures
  • Provide financial guidance to other departments, and assist with escalated issues
  • Create, control, and maintain shared cross-departmental tracking sheets
  • Be comfortable in a fast-growth environment with shifting priorities

Must Haves:

  • Intermediate to advanced knowledge of excel: XLOOKUP, SUMIFS, pivot tables
  • Knowledge of accounting controls: SOX Compliance, GAAP
  • Understanding of treasury and cash management systems
  • Bachelors in or 2+ yrs Finance, Accounting, experience
  • Capable of explaining complex financial concepts and situations clearly to all departments
  • Familiarity with Salesforce and NetSuite preferred

Benefits and Perks:

Hippo treats its team members with the same level of dedication and care as we do our customers, which is why we’re fortunate to provide all of our Hippos with:

  • Healthy Hippos Benefits - 100% Employer paid medical, dental & vision plan options for our team members AND their families (yes, you read that correctly). As well as 401(k), long & short-term disability, employer-paid life insurance, flexible spending accounts for health and dependent care, and an Employee Assistance Program (EAP).
  • Training and Career Growth - Paid training opportunities and countless internal career growth opportunities
  • Award-Winning Culture - Recognized by BuiltIn and Inc. Magazine as a top place to work - we value integrity, inclusiveness, empathy, and being proactive and dedicated
  • Flexible Time Off - You know when and how you should recharge
  • Little Hippos Program - We offer 12 weeks of parental leave for primary and secondary caregivers.

Hippo is an equal opportunity employer, and we are committed to building a team culture that celebrates diversity and inclusion.

Hippo’s applicants are considered solely based on their qualifications, without regard to an applicant’s disability or need for accommodation. Any Hippo applicant who requires reasonable accommodations during the application process should contact the Hippo’s People Team to make the need for an accommodation known.