Director of Technical Accounting, Cedar
$172.1-225k
This role is also bonus and equity eligible
AI-powered healthcare financial experience platform
Job no longer available
AI-powered healthcare financial experience platform
501-1000 employees
Job no longer available
$172.1-225k
This role is also bonus and equity eligible
501-1000 employees
Company mission
To make healthcare more affordable and accessible through our consumer-friendly platform that's powered by data science, smart product design and personalization.
Role
Who you are
- Bachelor’s or Master’s degree in Accounting. Advanced Degree a plus
- CPA Required
- 10+ years of experience in technical accounting and financial reporting
- Minimum of 5 years of public accounting experience
- Excellent understanding of US GAAP
- Strong understanding of ASC 606 revenue recognition standards
- Experience implementing accounting standards and special projects
- Excellent project management skills with a high level of organization and attention to detail
- Ability to understand and communicate complex information, including accounting interpretations, to individuals at all levels of management
What the job involves
- We are seeking a Director of Technical Accounting & Financial Reporting to own the technical accounting and financial reporting function
- This role serves as a key U.S. GAAP subject matter expert and works cross functionally to support other departments and stakeholders both inside and outside the organization
- This individual will be responsible for leading the annual financial statement audit including the preparation of the annual financial statements
- This role will also assist in the review of various month end close areas
- Our ideal candidate is detail-oriented and organized, and will thus have the opportunity to own many processes across the Finance team
- Serve as the subject matter expert in complex accounting topics such as revenue recognition, business combinations, share-based compensation, debt arrangements, leasing, etc
- Lead and manage the external audit
- Interpret U.S. GAAP accounting standards and SEC guidance to determine accounting and financial reporting treatment
- Lead the preparation of financial statements, ensuring compliance with US GAAP and internal management reporting requirements, with a focus on the evolving needs of a growing tech company
- Prepare technical accounting analyses for non-standard transactions including but not limited to acquisitions, equity award modifications, and new accounting pronouncements as well as internally developed software, intangible assets and other long-lived asset impairment, revenue recognition, etc
- Actively represent the accounting function in our deal desk process to lead all aspects of and scale the deals process for optimal deal velocity, assess risk, and structure deals for new and existing business models
- Manage the stock-based compensation and equity administration process
- Review new revenue contracts to ensure the proper accounting treatment is applied
- Review various high-risk accounts as part of the month end close process
- Develop and implement process improvements and systems upgrades across the Accounting function
Our take
Over $1B is said to be lost annually by physicians as a result of inefficient and disjointed healthcare billing practices. The subsequently low patient satisfaction rates lead to poorer care, and real losses for providers who see patients switching away from their plans.
Cedar looks to remedy these issues with a selection of consumer-facing services which streamline billing, insurance and healthcare processes. Healthcare billing concerns a huge percentage of US adults, so optimizing patient satisfaction is of increasing concern - a great opportunity for the company.
After acquiring competing patient finance streamlining service OODA Health in 2021, Cedar netted substantial funds and launched its Payer Intelligence Layer. This has allowed it to integrate data from insurers and providers to create a single source of information. The company was also endorsed by the Montana Hospital Association's shared services division, to be listed as its only preferred patient financial engagement technology.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Dec 2022
$68.4m
SERIES D
Mar 2021
$200m
SERIES D
Total funding: $394.4m
Company benefits
- Multiple health / dental / vision insurance options to fit your needs
- Generous compensation package, including equity and 401k program matching 100% of your contributions, up to 3% of your annual compensation
- Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
- We provide up to $10,000 in reimbursement through Carrot Fertility to support comprehensive, inclusive care for family-forming and reproductive health journeys
- 16 weeks of parental leave for all expecting parents
- Remote-friendly team events
- Location flexibility: you can work from home, in our NYC headquarters, or any combination of the two
- Constant learning and development opportunities
- Resources for mental and physical wellbeing
Company HQ
Tribeca, New York, NY
Leadership
Dr. Florian Otto
(Co-Founder & CEO)Previously an Executive at Zocdoc where they drove the commercial adoption of the platform. Also founded a daily deal company in Brazil (ClubeUrbano) that was eventually acquired by Groupon.
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