Director of Financial Reporting & Technical Accounting, Spring Health
$153.8-207.5k
+ Equity
2-3 days a week in office
Personalised mental healthcare
Be an early applicant
Personalised mental healthcare
1001+ employees
Be an early applicant
$153.8-207.5k
+ Equity
2-3 days a week in office
1001+ employees
Company mission
To eliminate every barrier to mental health.
Role
Who you are
- Occasional travel may be required for team or company events/meetings
- Bachelor’s degree in Accounting, Finance, or a related field; active CPA license or equivalent certification required
- At least 7 years of relevant experience, including 3 or more years focused on financial reporting and technical accounting within a public company environment
- Strong knowledge of GAAP, financial reporting standards, and healthcare-related regulatory requirements
- Experience with enterprise financial systems and reporting platforms, preferably NetSuite and Workiva; familiarity with Oracle applications or comparable systems is a plus
- Extensive experience researching, interpreting, and applying accounting guidance to complex transactions
- Proficiency with Google Workspace, particularly Google Docs, Sheets, and Slides
- Excellent analytical, organizational, and problem-solving skills, with exceptional attention to detail
- Strong written and verbal communication skills, with the ability to communicate complex accounting matters clearly and collaborate effectively with cross-functional teams and senior leadership
- 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
- The Director of Financial Reporting will play a critical role in ensuring the accuracy, completeness, and timeliness of all financial reporting activities
- Reporting directly to the SVP of Accounting, this role requires a deep understanding of accounting principles, a keen eye for detail, and the ability to work collaboratively across the organization
- Additionally, the Director of Financial Reporting will be responsible for overseeing technical accounting matters, ensuring compliance with evolving standards, and providing expertise on complex accounting issues
- Oversee the preparation and review of financial statements in accordance with GAAP and applicable regulatory requirements
- Collaborate with the Accounting leadership to oversee the consolidation of financial results across Spring Health’s business units
- Lead the research, interpretation, and implementation of new accounting standards and regulations, providing technical accounting guidance to the Finance team and other stakeholders
- Provide technical accounting support for complex transactions and business initiatives, including mergers and acquisitions, new product offerings, revenue recognition, and equity-based compensation
- Collaborate with Sales and other cross-functional teams to review new contract terms and determine the appropriate accounting treatment
- Develop and implement financial reporting and technical accounting policies, procedures, and best practices that improve the efficiency, accuracy, and consistency of financial reporting
- Oversee compliance with state-specific financial reporting requirements, including the preparation, review, and timely submission of required regulatory filings
- What success looks like:
- Monitor and communicate changes in accounting standards and regulations, particularly those impacting the healthcare sector
- Provide guidance and support to the finance team, ensuring accurate and consistent financial reporting and technical accounting across the organization
- Coordinate and prepare audit schedules, working closely with external auditors to ensure smooth and efficient audits
- Assist in the preparation of financial reports and presentations for senior management and external stakeholders
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 and a 2026 placement on the TIME100 Most Influential Companies List, 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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