Director of Revenue Accounting, Virta Health
$175.1-200.1k
More information about location
Diabetes reversal treatment
Be an early applicant
Diabetes reversal treatment
501-1000 employees
Be an early applicant
$175.1-200.1k
More information about location
501-1000 employees
Company mission
To reverse diabetes and obesity in one billion people.
Role
Who you are
- Bachelor’s degree in Accounting, Finance or related field
- CPA with strong technical knowledge of ASC 606
- 10+ years of progressive experience in public accounting and industry, with at least 3+ years focused on revenue accounting
- Experience in a fast-paced, public company environment
- 3+ years in a leadership role managing teams and developing talent
- Demonstrated ability to design and implement scalable processes and controls
- Excellent communication skills and ability to partner cross-functionally
- Comfortable working in a fully remote setting
What the job involves
- As the Director, Revenue Accounting, you’ll own one of the most critical areas of financial reporting for a rapidly growing healthcare company
- You’ll work closely with senior leadership, build scalable revenue processes, and lead a team that ensures accurate reporting under ASC 606
- This is a high-visibility role with direct impact on strategic decisions, operational execution, and external reporting
- Lead all aspects of revenue accounting, including month-end close, analysis and reporting, controls considerations and technical accounting under ASC 606
- Oversee contract review for revenue recognition implications
- Lead and mentor a team of two revenue accountants, providing coaching and professional development
- Partner with Strategic Finance, Legal, Commercial, and Operations to support accurate forecasting, reporting, and compliance
- Drive continuous improvement in processes, systems, and controls to support scale and operational excellence
- Support external audits and reviews
- Assist the Accounting team as needed with ad hoc tasks and projects
- Within your first 90 days at Virta, we expect you will do the following:
- Become a subject matter expert in Virta’s business model, revenue streams, and contracts
- Develop strong working relationships with key cross-functional stakeholders (Strategic Finance, Legal, Commercial, Operations)
- Assess current systems and processes and propose improvements for scalability and accuracy
- Take ownership of the revenue reporting process and implement improvements on revenue reporting
Our take
Much of the care for type 2 diabetes has been based on control and prevention, rather than a direct reversal of the issue. Virta Health is changing that, providing patients with personalized treatment plans, virtual monitoring and patient care.
Instead of depending upon medication, which often needs to be increased over time, the company is tackling the problem at its root and taking a fundamentally different approach that is better for the patient, and more economical for insurers. Among enrolled patients in its clinical trial at one year, 60% achieved diabetes reversal.
While platforms like Vida Health also serve similar markets, the large number of prediabetic (88M) and diabetic (30M) Americans presents a significant opportunity for growth. Along with its significant funding round in 2021 fueling its efforts to expand the reach of its telehealth-powered diabetes reversal treatment. Positioning the company for widespread adoption and continued success in addressing this critical healthcare challenge.
Steph
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$133m
SERIES E
Dec 2020
$65m
SERIES D
Total funding: $373m
Company benefits
- Remote-first work environment with ability to work from home
- Flexible work hours & time off policy
- Virta pays 99% of all employee health insurance premiums, and 75% for all dependents
- Up to 16 weeks paid parental leave
- Enroll in the Virta treatment for free and give a discount to friends and family
- Internet, home office, learning & development stipends
- Employee Resource Groups like Parents of Virta, Ladies of Virta, and Virtans for DEI
- 401K and ROTH contribution opportunities
Company HQ
Civic Center, Denver, CO
Leadership
Sami Inkinen
(Co-Founder & CEO)Worked on Microsoft’s strategy team for MS Office, and as a consultant for McKinsey & Company within the software, telecommunications, and government sectors. Co-founder of online real estate marketplace Trulia, serving as its COO until its IPO and eventual sale to Zillow Group.
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