Accounting Manager, Virta Health
$112.3-128.3k
More information about location
Diabetes reversal treatment
Be an early applicant
Diabetes reversal treatment
501-1000 employees
Be an early applicant
$112.3-128.3k
More information about location
501-1000 employees
Company mission
To reverse diabetes and obesity in one billion people.
Role
Who you are
- Bachelor’s degree in Accounting or Finance; CPA required
- 6+ years of relevant experience, including a blend of public accounting and private industry roles
- Experience with general ledger and close processes in a public company environment
- In-depth knowledge of GAAP, with hands-on experience in:
- Software capitalization accounting (ASC 350-40)
- Stock-based compensation and equity accounting (ASC 718)
- Cost of sales and inventory accounting
- Strong problem-solving skills and the ability to interpret and apply accounting guidance in a fast-paced, evolving business
- Familiarity with ERP systems (e.g., NetSuite) and automation tools; experience with AI-based accounting tools
- Proficiency in Microsoft Excel, with the ability to build and manage complex workbooks
- Highly organized, detail-oriented, and accountable
- Comfortable working in a fully remote environment
- You put people first and take care of yourself, your peers, and our patients equally
- You have a strong sense of ownership and take initiative while empowering others to do the same
- You prioritize positive impact over busy work
- You have no ego and understand that everyone has something to bring to the table regardless of experience
- You appreciate transparency and promote trust and empowerment through open access of information
- You are evidence-based and prioritize data and science over seniority or dogma
- You take risks and rapidly iterate
What the job involves
- Own and manage the month-end close process for assigned areas, including preparation and review of journal entries, account reconciliations, and supporting schedules (e.g. cost of sales, inventory, stock-based compensation, equity, and cap software, and any other areas as assigned)
- Partner cross-functionally to gather data, clarify accounting impacts, and support business needs
- Review financial statement fluctuations and ensure completeness and accuracy of supporting documentation
- Partner with Strategic Finance and support budgeting and forecasting efforts related to owned accounts/areas
- Lead the development and refinement of policies, processes, and internal controls related to assigned areas
- Support annual audits and compliance efforts by preparing schedules, responding to auditor inquiries, and ensuring SOX-readiness
- Leverage technology, automation, and AI-driven solutions to streamline accounting processes and improve efficiency
- Mentor and coach staff accountants and senior accountants, providing guidance on complex areas and professional development
- Perform adhoc projects and tasks as assigned
- Within your first 90 days at Virta, we expect you will do the following:
- Take full ownership of review of month-end close deliverables related inventory, equity, cost of sales, and cap software
- Identify and implement process improvements to drive automation and reduce manual work in close cycles
- Build strong relationships across Strategic Finance,, Legal, Product and other cross-functional partners
- Begin implementing or supporting AI-enabled tools or workflows that increase speed and accuracy
Our take
Much of the care for type 2 diabetes has been based on control and prevention, rather than a direct reversal of the issue. Virta Health is changing that, providing patients with personalized treatment plans, virtual monitoring and patient care.
Instead of depending upon medication, which often needs to be increased over time, the company is tackling the problem at its root and taking a fundamentally different approach that is better for the patient, and more economical for insurers. Among enrolled patients in its clinical trial at one year, 60% achieved diabetes reversal.
While platforms like Vida Health also serve similar markets, the large number of prediabetic (88M) and diabetic (30M) Americans presents a significant opportunity for growth. Along with its significant funding round in 2021 fueling its efforts to expand the reach of its telehealth-powered diabetes reversal treatment. Positioning the company for widespread adoption and continued success in addressing this critical healthcare challenge.
Steph
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$133m
SERIES E
Dec 2020
$65m
SERIES D
Total funding: $373m
Company benefits
- Remote-first work environment with ability to work from home
- Flexible work hours & time off policy
- Virta pays 99% of all employee health insurance premiums, and 75% for all dependents
- Up to 16 weeks paid parental leave
- Enroll in the Virta treatment for free and give a discount to friends and family
- Internet, home office, learning & development stipends
- Employee Resource Groups like Parents of Virta, Ladies of Virta, and Virtans for DEI
- 401K and ROTH contribution opportunities
Company HQ
Civic Center, Denver, CO
Leadership
Sami Inkinen
(Co-Founder & CEO)Worked on Microsoft’s strategy team for MS Office, and as a consultant for McKinsey & Company within the software, telecommunications, and government sectors. Co-founder of online real estate marketplace Trulia, serving as its COO until its IPO and eventual sale to Zillow Group.
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