Staff Accountant, Two Chairs
$84-113.7k
+ Equity
More information about location
In-house therapy
Job no longer available
In-house therapy
501-1000 employees
Job no longer available
$84-113.7k
+ Equity
More information about location
501-1000 employees
Company mission
To build a world where everyone has access to exceptional mental health care.
Role
Who you are
- Bachelor’s degree in Accounting or Finance
- 1+ years of experience in accounting or audit
- Knowledge of GAAP and accounting theory
- Proficiency in Excel and G-Suite tools
- Proficiency in NetSuite and Ramp preferred, but not required
- Excellent written and verbal communication skills
- Attention to detail and a sense of accountability in your work
- Passion for mental health
- Desire to work in a high-growth and mission-driven start-up environment
What the job involves
- You will have ownership over the entire Accounts Payable (AP) processes and support the Senior Accountant with key month-end close tasks, financial reporting, and compliance activities
- Manage all aspects of Accounts Payable (AP), including invoice processing, approvals, and vendor payments
- Ensure proper coding of expenses to the correct accounts and projects in the general ledger
- Assist with employee expense reimbursements and ensure accurate billing of travel expenses
- Collaborate with key stakeholders to understand vendor agreements and customer contracts to ensure appropriate vendor set up
- Identify continuous improvement opportunities through automation and/or efficiency initiatives
- Assist in preparing general journal entries and accruals
- Reconcile expense and balance sheet accounts to ensure accuracy and completeness
- Maintain fixed asset amortization schedules and balance the fixed asset ledger to the general ledger
- Ensure completeness and accuracy of monthly close adjustments and accruals
- Assist in financial reporting and variance analysis by collaborating with finance leaders and department heads
- Prepare supporting schedules for external audit
- Support internal controls by developing and documenting business processes and accounting policies
- Where you’ll make an impact in the first 90 days:
- Take full ownership of Accounts Payable processes, ensuring timely and accurate processing of invoices and payments
- Assist in the implementation of new ERP
- Successfully reconcile expense and balance sheet accounts during month-end close
- Gain proficiency in company accounting systems (NetSuite, Ramp)
- Where you’ll make an impact in the first year:
- Streamline AP processes, reducing processing time and improving accuracy while implementing robust internal controls to prevent fraudulent transactions and ensure expense reimbursements comply with company policy
- This includes enforcing proper approval workflows, documentation requirements, and periodic audits to maintain financial integrity
- Contribute to audit and compliance initiatives, ensuring financial accuracy and adherence to company policies
- Lead process improvement initiatives, identifying areas for automation and efficiency gains
Our take
Two Chairs is a digital therapy platform that matches clients with therapists based on their medical history, preferences and goals. Unlike many digital-only tools, the company operates a network of physical clinics in the San Francisco Bay Area where patients can receive in-person consultations.
It's part of a growing generation of mental health startups that are seeking to disrupt a costly and highly fragmented sector of the healthcare industry. Two Chairs is focusing on matching as a key differentiator, as it believes finding a good match is the best leading indicator of success in therapy.
A core challenge for Two Chairs will be growing its brick-and-mortar footprint. Growing a network of physical clinics will be capital-intensive and not as scalable as digital alternatives (the company faces competition from the likes of Basis, Wisdo, Aura, and more). But the company has enjoyed considerable success in funding rounds, and its 2024 investment is being used to hire more therapists, expand into new territories, and finesse its technology.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
71% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Apr 2024
$50m
SERIES C
Aug 2019
$21m
SERIES B
Total funding: $78m
Company HQ
South Park, Los Angeles, CA
Leadership
Alex Katz
(Founder & CEO)Prior to founding Two Chairs in 2016, Alex spent 2 years at Palantir Technologies as an Deployment then Enterprise Lead. He also spent 2 years at McKinsey & Company as a Business Analyst.
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