Accounting

Shepherd • San Francisco, CA

3d • $140,000 - $175,000 • Onsite

About The Position

Shepherd is hiring its first in-house accountant to own the accounting function while working alongside an outsourced accounting partner. The role will own the monthly close, insurance accounting, and the policies and reconciliations needed to support audits and diligence. The accountant will report to the Finance Lead and partner with underwriting operations, actuarial, and engineering teams, including on accounting data that originates in Shepherd’s platform. The position is based in Shepherd’s San Francisco office.

The accountant will manage the close and outsourced accounting firm, apply revenue recognition policies, prepare balance sheet reconciliations, reconcile premium remittances and bank transactions, oversee vendor accounts payable and Brex card reviews, and establish accounting processes for new products and carrier partners. The role will also support board materials, investor diligence, and carrier and reinsurer reporting.

Requirements

• 4 to 7 years of accounting experience, including public accounting experience (audit preferred) and industry experience running a monthly close.
• Insurance accounting experience at an MGA/MGU, broker, carrier, or insurtech, including commission revenue, premium receivables, carrier payables, and fiduciary or premium trust accounts.
• Experience moving a close in-house from an outsourced firm, or building a close at a company that had not previously had one.
• Experience supporting a financial statement audit, including preparing schedules and working through the PBC list.
• Strong knowledge of US GAAP, especially ASC 606.
• Comfort working with large data sets in Excel or Google Sheets.
• Willingness to learn SQL or work with the data team to pull data from Shepherd’s platform.

Nice To Haves

• An active CPA.

Responsibilities

• Own the monthly close and manage the outsourced accounting firm, with the goal of reducing the close from 30 days to 15 and locking periods once closed.
• Apply monthly revenue recognition policies for commission, policy and risk engineering fees, and contingent commission.
• Prepare balance sheet reconciliations for premium receivable, carrier payable, and fiduciary cash, and tie them to bordereaux and remittance advice.
• Reconcile premium remittances from broker partners and apply each payment to the correct policy and account.
• Maintain receivable aging, flag discrepancies and late payments to the Customer Experience team, and follow them through resolution.
• Own vendor accounts payable and Brex card review, including general ledger coding rules.
• Reconcile incoming and outgoing transactions in operating and fiduciary bank accounts.
• Set up accounting for new products and carrier partners, including general ledger mapping and remittance workflows.
• Support the Finance Lead with board materials, investor diligence, and carrier and reinsurer reporting requests.

Benefits

• 100% contribution to health, dental, and vision insurance.
• Fertility benefits and family building support.
• Flexible PTO.
• Daily lunches, dinners, and snacks.
• Offices in San Francisco, New York City, Dallas-Fort Worth, Chicago, and Los Angeles.
• Professional development, including access to premium coaching and leadership development.
• Competitive 401(k) plan.
• Dog-friendly San Francisco office.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed