Director of Technical Accounting, Cedar
$172.1-225k
This role is also bonus and equity eligible
Financial engagement & billing for healthcare providers
Open for applications
Financial engagement & billing for healthcare providers
501-1000 employees
Open for applications
$172.1-225k
This role is also bonus and equity eligible
501-1000 employees
Company mission
To make healthcare more affordable and accessible through its consumer-friendly platform.
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 $1 billion 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 allows 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
Few candidates hear
back within 2 weeks
41% female employees
-9% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Dec 2022
$68.4m
SERIES D
Mar 2021
$200m
SERIES D
Total funding: $394.4m
Company benefits
- Flexibility to work from home or in the office, depending on what works best for you
- Health insurance
- Offices in Manhattan, San Francisco and Salt Lake City
- Free lunch, healthy snacks, cold brew and kombucha on tap (Yup!)
- Guided-meditation and game nights (Weekly!)
- Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Equity (for qualifying roles) and health benefits that start on your first day
- 401k plan with 3% employer non-election contribution
- Access to hands-on mentorship, employee and management coaching, and a stipend for learning and development resources to help you grow both professionally and personally
Company values
- Focus on the vision: We enable an exceptional healthcare consumer financial experience through relentless focus, only prioritizing actions that advance us towards this goal
- Reject mediocrity: We solicit diverse perspectives, set high standards and constantly challenge ourselves to raise the bar on our thinking, people and performance
- Apply a growth mindset: We maintain an optimistic, constructive and resilient attitude, passionately pursuing our mission, embracing difficult problems and learning from setbacks
- Use good judgment: We require accountability, bold thinking and a reliance on common sense to prioritize and make informed decisions that reflect our convictions, integrity and core values
Company HQ
West Village, New York, NY
Articles
Leadership
Arel Lidow
(Co-Founder)Previously VP of product at AppNexus where they supervised the development and launch of the company’s flagship products. Began their career as a technology associate at Bridgewater Associates, working on trading systems for the world’s largest hedge fund.
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. Began their business career as a strategy consultant at McKinsey & Company.
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