Senior Accounts Payable Specialist, Virta Health
$50.9-58.1k
Offers Equity
More information about location
Diabetes reversal & weight loss treatments
Job no longer available
Diabetes reversal & weight loss treatments
501-1000 employees
Job no longer available
$50.9-58.1k
Offers Equity
More information about location
501-1000 employees
Company mission
To reverse metabolic disease in one billion people
Role
Who you are
- This role requires strong judgment, attention to detail, and the ability to operate independently while supporting and mentoring other AP team members
- 4+ years of progressive Accounts Payable experience, including ownership of core AP workflows
- Demonstrated experience with full-cycle invoice processing, PO matching, payment execution, and issue resolution
- Experience managing or owning employee expense reimbursements and corporate credit card programs
- Strong understanding of internal controls, approval hierarchies, and AP best practices
- Proven ability to work independently, exercise sound judgment, and resolve ambiguous issues
- Experience contributing to process improvements, system enhancements, or documentation (SOPs)
- Proficiency in Microsoft Excel and Word and Google Workspace (Sheets, Docs, Slides, Gmail)
- Experience using accounting and AP systems such as NetSuite, Airbase, or similar platforms
- Strong organizational and prioritization skills in a high-volume, deadline-driven environment
- Excellent communication and interpersonal skills, including comfort interacting with cross-functional teams
- Experience with preparing and distributing 1099s preferred
- Bachelor’s degree in accounting, finance, or a related field preferred
What the job involves
- Join a mission-driven, highly collaborative Finance team at a company that’s transforming healthcare at scale. In this role, you’ll have an immediate and meaningful impact by helping ensure smooth, accurate financial operations as the company continues to grow
- You’ll work closely with members of the Accounts Payable team while partnering with the broader Accounting and Finance organization, gaining exposure to a variety of systems, processes, and cross-functional teams
- This is an excellent opportunity to join a growing company where your work is valued and your contributions directly support a purpose-driven mission
- The Senior Accounts Payable Specialist owns core Accounts Payable workflows end-to-end and plays a critical role in ensuring timely, accurate, and scalable AP operations
- Own full-cycle invoice processing, including accurate GL and department coding, PO matching, approvals, and issue resolution (approximately 300-400 invoices per month [subject to increase as the company grows])
- Serve as the primary owner of the AP inbox, managing vendor and internal inquiries promptly and professionally and escalating issues appropriately
- Own and execute the weekly vendor payment run, ensuring accuracy, timeliness, and adherence to controls
- Maintain responsibility for bank portal activities (positive pay and other monitoring, statement retrieval, wire set-ups and transfers, etc)
- Perform month-end close duties with minimal oversight including managing invoice accrual workflows and account reconciliations
- Assist in the preparation and distribution of annual 1099s, ensuring compliance and accuracy
- Support AP Specialist with new vendor onboarding, credit card transactions workflows, and expense report approvals, as needed
- Assist in maintaining AP SOPs, ensuring documentation stays current as processes evolve
- Act as a point of escalation and informal mentor to the AP Specialist
- Identify, recommend, and implement process improvements to enhance efficiency and scalability
- Support special projects and system implementations as needed
- Maintain high standards of professionalism and communication with vendors, executives, and cross-functional partners
- 90 Day Plan:
- Within your first 90 days at Virta, we expect you will do the following:
- Gain a comprehensive understanding of Virta’s Accounts Payable environment, including:
- Full-cycle invoice processing and PO workflows
- GL account structure, department coding, and approval hierarchies
- Payment run processes and internal controls
- Month-end close activities, accruals, and reconciliations
- AP-related systems, bank portals, and policies
- IIndependently own and execute core AP workflows with minimal oversight, including:
- Invoice entry, PO matching, and issue resolution
- Weekly payment runs
- AP inbox ownership and vendor communications
- Month-end-close duties
- Serve as a primary point of contact for internal and external inquiries related to invoices, payments, and AP processes
- Build strong working relationships with Accounting, FP&A, and other cross-functional teams to support timely close and accurate reporting
- Identify and begin implementing process improvements to enhance efficiency, accuracy, or scalability within the AP function
- Ensure AP processes and documentation (SOPs) are accurate, up to date, and followed consistently
- Act as a resource and informal mentor to the AP Specialist, supporting knowledge sharing and continuity
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 other platforms serve similar markets, the large number of prediabetic and diabetic Americans presents a significant opportunity for growth. The company is well-funded and continues to expand the reach of its telehealth-powered diabetes reversal treatment - positioning itself for widespread adoption as it addressies 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
(CEO & Co-Founder)Worked on Microsoft’s strategy team for MS Office, and as a consultant for McKinsey & Company. 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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