Senior Accountant, Virta Health
$80-95k
+ Equity
Diabetes reversal treatment
Open for applications
Diabetes reversal treatment
501-1000 employees
Open for applications
$80-95k
+ Equity
501-1000 employees
Company mission
To reverse diabetes and obesity in one billion people.
Role
Who you are
- Bachelor’s degree in accounting or finance
- 3-4 years of experience preferably with a public accounting/private accounting mix
- CPA preferred
- Experience with one or more complex areas of accounting including but not limited to revenue recognition, inventory, stock-based compensation, debt/equity financing, business combinations or investments
- Ability to read and analyze financial statements/reports
- Comfort with ambiguity and lack of formally defined processes
- Strong problem solving and analytical skills
- Proficient in Microsoft Excel
- Highly organized and detail oriented
- You put people first and take care of yourself, your peers, and our patients equally
- You have a strong sense of ownership and take initiative while empowering others to do the same
- You prioritize positive impact over busy work
- You have no ego and understand that everyone has something to bring to the table regardless of experience
- You appreciate transparency and promote trust and empowerment through open access of information
- You are evidence-based and prioritize data and science over seniority or dogma
- You take risks and rapidly iterate
What the job involves
- Prepare journal entries, analyses and account reconciliations
- Help maintain and improve month-end close processes, including monthly balance sheet reconciliations
- Ensure compliance with GAAP
- Respond to information requests and assist with the annual financial statement audit - including project management related aspects of the audit
- Analyze financial statements and GL accounts to ensure monthly, quarterly and annual fluctuations are in line with expectations and documented
- Prepare operational and ad hoc reporting for additional analysis associated with financial statement areas assigned
- Assist the accounting manager, director of accounting, and controller as needed
- Within your first 90 days at Virta, we expect you will do the following:
- Take ownership of preparing financial statement areas assigned to you (potential areas may include revenue, stock based compensation, administrative fees, incentive compensation, payroll and others)
- Establish strong working relationships cross functionally
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
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 values
- People first - We take care of ourselves, our peers, and our patients equally
- Ownership - We empower our employees to do work that matters, and give our people autonomy to do their best work
- Impact - We focus on the important small steps to create the greatest positive impact. We prioritize impact over busy work
- No ego - We believe everyone has something to teach, and everyone has something to learn
- Transparency - Trust and empowerment are promoted through open access to information. We have integrity in everything we do
- Evidence-based - We follow the evidence, and prioritize data and science over seniority and dogma
- Risk taking & rapid iteration - We test, learn and repeat quickly: a failed test is a chance to learn. Progress is never sacrificed for perfection
Company HQ
Civic Center, Denver, CO
Articles
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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