Accounting Manager, Spring Health
$110.4-139.7k
+ Stock Options
Personalised mental healthcare
Be an early applicant
Personalised mental healthcare
1001+ employees
Be an early applicant
$110.4-139.7k
+ Stock Options
1001+ employees
Company mission
To eliminate every barrier to mental health.
Role
Who you are
- Bachelor’s degree in Accounting or Finance
- 6+ years of progressive accounting experience, including ownership of complex operational accounting areas
- Strong knowledge of US GAAP related to fixed assets, internal-use software, prepaids, commissions, and payroll
- Proven experience managing and developing staff accountants
- Proficiency in NetSuite, including journal entries, reconciliations, reporting, and system workflows
- Proficiency in Google Workspace, including Google Sheets, Docs, and Slides
- Experience owning month-end and quarter-end close processes in a fast-paced environment
- Strong analytical and problem-solving skills with exceptional attention to detail
- Ability to partner cross-functionally and communicate accounting concepts clearly to non-accounting stakeholders
- Not sure if you meet every requirement? Research shows that women and people from historically underrepresented communities often hesitate to apply for roles unless they meet every qualification compared to other similarly-qualified candidates
What the job involves
- We are seeking an experienced Manager, Accounting for a full-time, hybrid role to own and scale key operational accounting areas
- This role is responsible for fixed assets, prepaids, software capitalization, commissions, payroll accounting, and related close processes
- The position plays a critical role in ensuring accuracy, compliance, and strong internal controls as the company grows and reports to the Director of Accounting
- Own the end-to-end accounting for fixed assets, including capitalization, depreciation, impairments, disposals, and reconciliations
- Manage internal-use software capitalization in accordance with US GAAP, partnering closely with engineering, product, and IT teams
- Oversee prepaid expense accounting, amortization schedules, and related reconciliations
- Lead commission accounting processes, including accruals, amortization, and coordination with sales operations and payroll, in compliance with ASC 340
- Oversee payroll accounting, including journal entries, reconciliations, benefits, bonuses, and equity-related payroll impacts
- Manage and develop two staff accountants, including goal setting, performance feedback, and review of work
- Own month-end and quarter-end close processes for assigned areas, including preparation and review of journal entries, reconciliations, and flux analyses
- Partner cross-functionally with FP&A, HR, Sales Operations, IT, and external vendors to ensure accurate and timely accounting
- Support external audits by preparing schedules and responding to audit requests
- Identify and implement opportunities for process improvement, automation, and scalability
- What success looks like in this role:
- Operational accounting areas are closed accurately and on time each month and quarter
- Fixed assets, software capitalization, prepaids, commissions, and payroll accounts are well-documented, reconciled, and audit-ready
- Internal controls are operating effectively, with minimal audit findings or post-close adjustments
- Cross-functional partners view accounting as a proactive, reliable, and collaborative business partner
- Processes scale smoothly with company growth, including increased transaction volume and organizational complexity
- Risks are identified early and addressed thoughtfully, with clear communication to accounting leadership
- The team demonstrates strong ownership, accountability, and continuous improvement in operational accounting areas
Our take
Large companies often provide employees with mental health services, but small businesses find it challenging to offer similar support. Additionally, existing support systems are usually generalised, failing to deliver the personalised mental healthcare that individuals need. To address this gap, Spring Health has developed AI-driven tools for employers to create tailored mental wellness plans for their employees, including treatment options, daily routines, and medication plans based on individual data.
Spring Health has recently expanded its services to the family and pediatric space through the acquisition of Weldon, offering mental wellness guidance to parents. This expansion includes chats with therapists, social workers, and parenting coaches, as well as group support with other parents and access to educational content. By focusing on personalised care, Spring Health aims to enhance mental wellness support for families alongside its existing employee services.
The behavioural health market is projected to grow to $242B by 2027. While many solutions prioritise fast access to therapy or meditation, Spring Health differentiates itself by emphasising the right type of care for each individual. With substantial funding raised, Spring Health is well-positioned to continue its innovative approach to mental health services.
Freddie
Company Specialist at Welcome to the Jungle
Insights
77% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jul 2024
$100m
SERIES E
Apr 2023
$71m
LATE VC
Total funding: $465.1m
Company benefits
- Health, Dental, Vision benefits start on your first day at Spring Health. You and your dependents also receive an individual One Medical account which is valued at $199/year per user. HSA and FSA plans available
- A yearly allotment of no cost visits to the Spring Health network of therapists, coaches, and medication management providers for you and your dependents
- 10 allocated sick days per year
- Flexible paid time off in addition to 12 paid holidays throughout the year
- Access to Gympass, an on-demand virtual benefit that provides wellbeing coaching, and budget management
- Spring Renewal: When you hit your four-year Springaversary, you’ll be awarded a four week, fully paid, sabbatical leave to renew and recharge
- 4-4.5 months of fully paid parental leave
- Spring Health provides team members and their families with sponsored access to Bright Horizons® child care, back-up care, and elder care
- Access to fertility care support through Carrot, in addition to $4,000 reimbursement for related fertility expenses
- Our People team benchmarks all salaries using the Radford Global Compensation Database for technology and life sciences industries. Radford benchmarks salaries with 3,589 global firms, 6.5 million employees, and 98 countries across the globe. We do this to ensure all of our team members are paid equally and competitively
- On top of competitive and benchmarked salary, Spring Health offers incentive pay (based on role), and equity that begins vesting as we celebrate your first year with the company!
- Employer sponsored 401(k) match of up to 2% after 90 days of employment
- Flexible work arrangements: 66% of Spring Health team members work fully remote while 33% work in a hybrid model from our New York City offices
- Focus Fridays: no meetings, no distractions, just time for you to get work done
- Focus Weeks: In Spring 2023, we held our first ever Focus Week, we canceled all non-essential meetings, minimized distractions, and you, our team members, to dive into the key work that gets chopped up or deprioritized during the regular day-to-day. We saw a 36% jump in the average energized score after those five days of flow state work and are finalizing a plan for quarterly Focus Weeks for team members
- Up to $1,000 Professional Development Reimbursement per calendar year
- $200 per year donation matching to support your favorite causes
Company HQ
Flatiron District, New York, NY
Leadership
Adam Chekroud
(Co-Founder & President)Previously President of The Oxford Guild Business Society for 2 years and Researcher at FMRIB Centre - University of Oxford for 1 year.
April Koh
(Co-Founder & CEO)Previously Chief Product Officer & Co-Founder at Spylight for 1 year. Also worked in the Product Management Department at Shazam for 5 months.
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