FP&A Lead, Candid Health
$160-210k
4-5 days a week in office
Automated medical billing
Be an early applicant
Automated medical billing
21-100 employees
Be an early applicant
$160-210k
4-5 days a week in office
21-100 employees
Company mission
Candid Health's mission is to make medical billing easy so healthcare providers can get paid.
Role
Who you are
- Candid Health is seeking a highly driven and analytical FP&A Lead to join our growing team. We are in a critical phase of scaling, optimizing our business model, and preparing for future growth
- 5+ years of progressive experience in FP&A, corporate finance, investment banking, or management consulting, with at least 2+ years in a startup environment (ideally Series B+), HealthTech experience is a plus
- You have extreme attention to detail, and a track record of producing deliverables of exceptional quality and accuracy
- You have worked in environments with access to sensitive data and maintain high trust and discretion in the use of customer, employee and business information
- Proven experience building and maintaining complex financial models from scratch (e.g., 3-statement models, SaaS metrics models).:
- Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field
- Exceptional proficiency in accounting and finance tools (e.g., NetSuite, QuickBooks, Brex, Rippling, Bill.com, etc.) with a willingness to adapt to new systems
- You have a detailed understanding of GAAP accounting and strong technical accounting skills
- Proven track record of executing month-end close, financial reporting, audits, and occasionally, other related tax and compliance activities
- You are outcome oriented and thrive in dynamic startup environments - you’re able to identify opportunities for improvement across your sphere of ownership and others
- Exceptional written and verbal communication skills and can collaborate with technical teams, executives and business partners of varying scope and dimension
What the job involves
- This role will be instrumental in providing financial insights, driving strategic decisions, and building the financial processes that will enable us to deliver transformative software to our customers
- Drive Candid Health’s Financial Planning and Analysis function including the development and implementation of scalable models for financial planning, budgeting and analysis across the company
- Act as a trusted partner and collaborator to teams and leadership stakeholders of multiple organizations by providing data driven finance insight that informs business strategy and operational approaches
- Support the executive team with financial analysis for strategic initiatives, M&A due diligence, and capital allocation decisions
- Develop and track key performance indicators (KPIs) and operational metrics, providing regular performance commentary and identifying trends
- Enhance financial reporting capabilities, including dashboard development and automation to improve efficiency and accessibility of data for a variety of stakeholders
- Ensure a rigorous approach to financial reporting and compliance is maintained including tax preparation
- Assist in the preparation of financial materials for future fundraising rounds, including investor decks, data room documents, and financial projections
- Conduct ad-hoc financial analysis and modeling to support strategic projects, evaluate new business opportunities, and assess financial risks
Our take
Healthcare spending in the US medical system has been ballooning for decades. Administration contributes a substantial portion to this, constituting almost three times what other developed countries spend proportionate to their healthcare budget - and taking up valuable physician hours. The detrimental impact this has on the quality and affordability of care has meant solutions are becoming urgent, and Candid Health is contributing a strong one.
The data and AI-driven platform helps healthcare providers automate the process of submitting, chasing, and appealing insurance claims. It’s regularly audited by HIPAA, helping the company dodge the tightening data protection net that’s stunted the progress of some medtech startups. Having passed this obstacle the company is running at modest capacity - the challenge now is to lock in a broader client base, which could prove challenging.
Companies like Change Heathcare and Flobotics, for example, offer automated claims submissions as part of a broader robotic process automation service for medical institutions. It may be that this holistic administrative software proves more attractive for overburdened providers. For now, however, Candid Health is gaining a respectable amount of traction and enjoyed a funding round of $29 million in 2024.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 4 rounds)
Feb 2025
$52.5m
SERIES C
Sep 2024
$29m
SERIES B
Total funding: $97.7m
Company benefits
- Flexible vacation
- Medical, Dental, and Vision
- 401k (currently not matching)
- Learning & Development tools via First Round Capital
Company HQ
Financial District, San Francisco, CA
Leadership
Nick Perry
(CEO & Co-Founder)A human biology grad from Stanford, who started as an Accenture Digital consultant, before taking a role as as the forward deployed engineering lead at Palantir Technologies.
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