Senior Accountant

About CompScience

At CompScience, we're not just building software, we're saving lives. We're a high-growth startup on a mission to prevent 1 million workplace injuries through bold technological innovations, ensuring that everyone can go home safe at the end of the day.

Founded in 2019 and backed by investors from SpaceX, Tesla, and Anduril, we've assembled a powerhouse team that bridges two worlds:

• Cutting-Edge Technology: Our product, design, and engineering teams are composed of distinguished computer vision engineers, software architects, data scientists and product and design leaders from Amazon R&D, Meta, and the self-driving car industry. They bring unparalleled expertise in AI, machine learning, and design to the realm of workplace safety.

• Insurance Acumen: Our insurance team is made up of seasoned professionals who understand the nuances of workers' compensation policies. They work hand-in-hand with our tech experts to translate advanced analytics into tangible insurance products that truly serve our clients' needs.

Our groundbreaking perception-based risk assessment program, the first of its kind, provides the most comprehensive data stream available for risk analysis and monitoring and has proven to significantly reduce accidents in some of the world's most hazardous occupations.

About the Role

As a Senior Accountant at CompScience, you will play a crucial role in processing transactions in a timely manner, maintaining accurate financial records in compliance with accounting policies and supporting the overall financial operations of the company. The ideal candidate will possess intermediate or higher accounting skills, familiarity with a chart of accounts and financial reporting, a knowledge of reconciliation processes, prior responsibility for processing transactions utilizing defined tools and processes, and basic knowledge of accounting principles applicable for insurance carriers and agencies. This individual has a keen eye for detail as well as the ability to manage multiple tasks efficiently to meet deadlines.

Responsibilities

• Revenue Cycle & Receivables: Manage cash application for receivables, including parsing commission statements, applying payments to policies, and tracking agency bill cash for accurate invoicing and payouts.

• Commission Management: Record commission income from various program carriers and process monthly commission statements for agencies based on deal-specific rates.

• Accounts Payable & Compliance: Set up and submit all relevant vendor invoices while maintaining tax and payment information for all agencies, 1099 contractors, and vendors.

• General Ledger & Month-End: Execute the month-end close process, including performing monthly reconciliations of key accounts (prepaids, accruals) and reconciling bank accounts.

• Expense Operations: Process employee expenses for reimbursement and ensure they are recorded in the proper expense accounts.

• Financial Systems & Efficiency: Assist in creating systems (tools and processes), specifically within QuickBooks, to improve the accuracy and timeliness of financial reporting and transaction processing.

• FP&A Support: Support budgeting, forecasting, and scenario planning to assist leadership in tracking performance and identifying variances.
  

Required Experience

• Bachelor’s degree in Accounting. CPA certification or progress toward certification is preferred.

• 2+ years of experience of P&C insurance industry experience is required, ideally within an MGA, large insurance agency, or the accounting department of an insurance carrier.

• Solid understanding of Agency and Direct Billing processes, GAAP/STAT principles, and regulatory reporting requirements.

• A strong understanding of the flow of funds (e.g., the difference between “a Sale” and “Revenue”) and common balance sheet accounts like accounts receivable, prepaids, and accruals.

• Experience utilizing QuickBooks Online and Excel, with a basic understanding of trend analysis and data organization. (Bonus for knowing Tableau).

• Ability to identify and implement AI-driven automation workflows for month-end close, accounts payable, and reconciliations to improve departmental efficiency.

• A focus on documentation and execution while continually striving to build processes that are accurate, efficient, and scalable.
  

Nice-to-have

• Any project/client-service based experience (objectives, time management, deadlines)

• Additional public accounting audit experience

• AI Experience or Exposure

Working at CompScience

Compensation: CompScience is committed to fair and equitable compensation practices. The annual salary range for this role is $85,000 – $110,000. Compensation is determined within the range based on your qualifications and experience. Our total compensation package also includes equity and comprehensive benefits.

Benefits at CompScience:

• Fast-paced startup environment where your ideas can quickly become reality

• Opportunity to wear multiple hats and grow beyond your job description

• Remote-first culture with home office support

• Comprehensive health benefits (Medical, Dental, Vision, HSA)

• 401(k) plan and life insurance

• Flexible time off and 12 weeks parental leave

• Professional development reimbursement

Our Ideal Teammate:

• Thrives in a fast-paced startup and is comfortable navigating ambiguity

• Excited to wear multiple hats and grow rapidly

• Committed to our mission of saving lives through technology