Director of Finance, Insurtech Startup - Canada - Resemble

Description

Director of Finance, Insurtech Startup - Remote Work from Home at Walnut Insurance

Walnut is an embedded insurance technology company backed by ATB Financial and National Bank Ventures. We enable partners to unlock the insurance opportunity under their brand in 30 days or less. Walnut is driven to make insurance purchasing experiences digital-first, simple, and convenient – creating greater accessibility across life, P&C, and embedded product lines. Walnut currently offers more than 20 types of insurance products, provided by over 15 carriers. Partners include Neo Financial, ATCOenergy, Tim Hortons, and TELUS Communications. To learn more, visit .

As a remote-only team, we are seeking a Director of Finance reporting to the CEO to oversee our financial operations, providing strategic insights and ensuring our financial health and growth.

The successful candidate will be working closely with our operation and executive teams as we scale the business and bring on new partners.

Key Responsibilities:

Financial Strategy and Planning

Lead quarterly and annual financial planning process including budgeting, forecasting, modeling, and long term planning

In collaboration with senior leadership establish ambitious financial and strategic goals for long and short term success

Oversee the creation of quality and timely monthly / quarterly financial results for senior leadership and stakeholders

Analyze financial data to identify trends, opportunities, and areas for improvement

Develop and maintain robust financial forecasting models to accurately predict and assess performance

Provide actionable insights to support decision-making and business growth

Cash Flow Management

Manage cash flow and liquidity, ensuring adequate funds for operational needs and strategic investments

Develop and maintain cash flow forecasting models to anticipate future financial requirements

Implement cost control measures and identify efficiency improvements

Manage invoicing, payroll, AP and AR with the support of internal and external resources

Compliance and Risk Management

Ensure compliance with regulatory requirements and financial reporting standards

Oversee risk management policies and procedures to protect the company's assets and financial stability

Stakeholder Engagement

Work with the team to develop reporting for stakeholders that include employees, external partners, investors, bankers, and other financial partners

Communicate financial results and strategies effectively to the employees, external partners, board, and investors

What We're Looking For:

We're a remote startup so strong written and verbal communication are extremely important

Detail oriented with the ability to work in a fast-paced, dynamic environment in the face of uncertainty and change

2+ years of experience in financial planning and strategic finance role, preferably in a high-growth B2B technology company

Bachelor's degree in Finance, Accounting, or a related field; CPA, CFA would be ideal

Strong understanding of financial management principles, accounting standards, and industry best practices

Experience with finance industry software including Xero, Plooto, Wagepoint, Microsoft Office, Google Workspace, and a wizard with Excel

Insurance industry expertise or experience is a plus

SQL knowledge also a big plus

Salary: $100,000 - $130,000 per year

Benefits: Wellness Program, Stock Options

Language: French is a plus but not required

Schedule: Monday to Friday, weekend availability