Senior Revenue Accountant, Lyra Health
$85-130k
+ Equity (RSUs)
More information about location
Employee mental health care provider
Be an early applicant
Employee mental health care provider
1001+ employees
Be an early applicant
$85-130k
+ Equity (RSUs)
More information about location
1001+ employees
Company mission
To transform access to life-changing mental health care.
Role
Who you are
- 5+ years of experience in Revenue Accounting
- Public Accounting experience preferred
- Strong collaboration and communication skills required for regular and frequent interaction with sales and legal personnel, senior management, and outside auditors
- Strong Microsoft Excel/Google Sheet skills
- SQL proficiency a plus
- ERP financial systems experience, preferred: SFDC, NetSuite, Zuora
- Bachelor’s degree in Accounting
- CPA certification preferred
What the job involves
- Lyra is looking for a Senior Revenue Accountant to join our team
- This position will participate in all aspects of the revenue accounting function to support cross-functional teams such as Sales, GTM, Products FP&A and Legal with proper accounting guidance, assist with revenue accounting close activities in compliance with ASC 606 and the revenue recognition policy and maintain an effective internal control environment
- This is an opportunity to play a key role in implementing changes and automations
- Contract Review and Accounting Compliance (ASC 606): You'll analyze fully executed customer contracts to determine the appropriate accounting treatment and identify issues, ensuring all revenue is recognized in compliance with generally accepted accounting principles (ASC 606)
- Technical Guidance and Support: Review draft customer contracts and offer revenue accounting guidance to Legal and Sales teams as needed
- Documentation and Research: Prepare supporting revenue accounting documentation, such as checklists and position papers, and assist with technical research on complex revenue accounting matters
- Valuation Assistance: Support Fair Value (SSP) analyses based on historical sales transactions
- Month/Quarter-End Close: Execute monthly and quarterly close activities, including revenue review, preparing journal entries and accruals, and performing account reconciliations and analysis
- Audit Support: Assist with the annual audit and quarterly reviews by providing external auditors with necessary documentation for tested revenue transactions
Our take
In the United States, millions of people suffer from mental illness each year - a figure which is unfortunately on the rise - and research suggests that depression and anxiety disorders lead to $1 trillion in lost productivity worldwide each year. Lyra Health is one company out to tackle these issues head-on, by delivering mental health care for employees.
Lyrah Health is seen as a key player alongside other online mental telehealth platforms, which include Calm, Genoa, and Talkspace. The company offers video counselling sessions and one-to-one messaging to help users with a variety of conditions including anxiety, depression, and substance use disorder. Coaching is also offered as a preventative measure.
Lyra Health boasts a 90% satisfaction rate across its more than 2.2 million members, demonstrating the impact that its products can have on wellbeing. In 2022, Lyra announced its acquisition of ICAS World, an international provider of employee assistance programs. Its global network includes over 1,500 companies and 6.3 million users across more than 155 countries, which should give Lyra smooth inroads into global markets.
Freddie
Company Specialist at Welcome to the Jungle
Insights
40% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jan 2022
$35m
SERIES F
May 2021
$200m
SERIES F
Total funding: $690.1m
Company benefits
- Full access to Lyra’s mental health services for employees and their eligible dependents—at no charge
- Medical, dental, and vision benefits, and free monthly membership to One Medical
- Generous compensation, 401k, and equity options
- Four weeks of vacation and paid holidays
- Monthly tech stipend
Company HQ
Downtown, Burlingame, CA
Leadership
David Ebersman
(Co-Founder & CEO)Former Equity Research Analyst at Oppenheimer & Co. Also served as the CFO at Facebook, and worked at Genentech for 15 years, leaving as Chief Financial Officer & Executive VP.
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