Accounting Manager

Finance · Full-time · Columbia, United States

Job description

Company & Culture

Welldoc®, a digital health leader revolutionizing cardiometabolic care, is integrating personalized, real-time and actionable insights into the daily lives of individuals living with cardiometabolic conditions, enabling improved health and outcomes. Welldoc’s comprehensive digital health platform provides AI-powered digital coaching across pre-diabetes, diabetes, hypertension, heart failure and weight and obesity management, with integrated mental wellbeing and sleep support. Welldoc’s flagship product, BlueStar®, is an FDA-cleared digital health solution that guides individuals through the complicated journey of living with diabetes by enabling them to self-manage their care while enhancing connections to their healthcare team. These capabilities are now integrated into the Welldoc platform, providing comprehensive and flexible support across conditions. Welldoc partners with health plans, health systems and employers with the goal of extending care, improving health and reducing costs. The company has achieved 11 510(k) clearances for diabetes functionality within its digital health platform, and an IP portfolio of 43 patents for its advanced AI and first-in-class tech. With over 75 clinical publications, Welldoc has also built an extensive library of clinical research, including many publications focused on the value of combining CGM with AI-powered digital health solutions. Welldoc is a thought leader in the evolving world of AI powered digital health and has been showcased in prestigious conferences and publications, including South by Southwest, Wall Street Journal and the Economist. Welldoc has been named the “Best Overall Digital Health Company” by MedTech Breakthrough. The company recently received the 2024 Innovation Award and was a finalist for the AI Excellence Award from Business Intelligence Group.

For more information, visit https://welldoc.com/. Follow us on LinkedIn and Twitter.

At Welldoc, we are focused on transforming healthcare by creating an environment that fosters collaboration, learning, and innovation. We value the personalities and experiences of every one of our team members, giving everyone the opportunity to thrive as we make our mission a reality.

Welldoc has been certified as a Great Place to Work for the last 3 years. If you are inspired by innovation and the power of cutting-edge science to help individuals live healthier lives, we would love to hear from you!

*Welldoc® Diabetes and Welldoc Diabetes Rx is an FDA-cleared medical device, intended for use by healthcare providers and their adult patients with type 1 or type 2 diabetes. For full labeling information, visit www.welldoc.com. The other Welldoc App products are non-FDA-cleared and intended to promote general wellness and education/self-management of various chronic disease states.

Job Purpose

This role is responsible for supporting the month-end close process, AP/AR and other accounting functions. In this hands-on position you will have the opportunity to work in many areas within the accounting function with expanding responsibilities.

We are looking for someone with a strong accounting background to bring value to the team and put their imprint on the improvement of processes. This is a full-time, exempt position reporting to the Director of Financial Planning & Analysis.

Responsibilities

  • Lead the accounting team and related departments in the monthly close process.

  • Oversee and perform general accounting duties for the organization including AP/AR/Expense/Payroll Management.

  • Prepare and review account reconciliations and adjust entries to ensure that accounts are consistent, accurate, and complete.

  • Responsible for revenue recognition and contract review from an accounting perspective.

  • Own accounting systems and become power user.

  • Prepare schedules and manage the transactional portion of the annual audit.

  • Maintains knowledge of acceptable accounting practices and procedures.

  • Perform additional assignments as assigned.

  • Document and ensure accounting controls are operating effectively.

  • Prepare weekly cash forecasts.

  • Oversee and ensure the completeness and accuracy of customer payments and expenses.

  • Review and approve AP.

  • Prepare monthly closing package, bank compliance documents and other reporting as assigned.

  • Collaborate with executive team to ensure the complete and accurate financial reporting.

  • Manage federal, state, and local tax withholdings accounts and relevant state unemployment insurance accounts.

Required Skills & Experience

  • 5+ years of of experience in general accounting, with at least 2 years of experience independently managing the accounting function within an organization

  • Demonstrated knowledge of accounts payable vouching/payment process.

  • Demonstrated knowledge of accounting concepts (debit/credits).

  • Knowledge of NetSuite preferred, with implementation experience a plus.

  • Two (2) to (3) three years of payroll processing experience is a plus.

  • Knowledge of US GAAP.

  • Highly motivated self-starter with a desire to actively engage with the business.

  • High degree of accuracy, attention to detail, and confidentiality.

  • Logical problem-solving and demonstrated ability to organize and move project tasks forward in an orderly and structured fashion.

  • Demonstrated aptitude in designing and maintaining electronic spreadsheets.

  • Effectively communicate issues/problems and results that impact timelines, accuracy, and reliability of financial/billing data.

  • Proficiency in MS Office suite, specifically MS Excel.

  • Excellent communication skills, both written and oral.

  • Strong time management and customer service skills.

  • Ability to work independently, take initiative, set priorities, and see tasks through to completion.

  • Persistent, questioning attitude and ability to accept that in others.

  • Motivated to expand skills and knowledge, as well as tackle new problems and take on new responsibilities.

  • Strong desire to grow as a professional in the accounting field.

  • Ability to work in a dynamic and fast-paced environment.

  • Ability to work collaboratively across functional teams.

WellDoc operates in ISO 13485 and MDSAP regulated and HITRUST compliant environments. Therefore, it is expected that all employees will have either prior experience working in those environments or, will be trained to understand the requirements needed to work and support those requirements and culture as they relate to individual roles and responsibilities.

Required Education                                       

  • A Bachelor’s degree (Masters preferred)
  • CPA or similar certification preferred.

Compensation & Benefits

Welldoc offers a competitive compensation package which, in addition to salary, includes generous PTO, medical insurance, dental insurance, vision care, life and disability insurance, retirement benefits and the opportunity to participate in health savings accounts and/or dependent care accounts.

The anticipated salary range for this position is between $110,000-150,000/year with most applicants falling somewhere around the mid-point.

Upon receipt of a conditional offer of employment, you may be required to complete and clear a multi-panel drug screening process.  This screening is in connection with requirements set by certain of the Company’s customers, with which you may be working in this role, and will at all times be administered all applicable laws.

Welldoc is an equal opportunity employer and prohibit discrimination and harassment of any kind. We offer an inclusive workplace and will not tolerate discrimination against any job candidate or employee due to age, race, religion, color, ethnicity, national origin, gender, gender identity/expression, sexual orientation, membership in an employee organization, medical condition, family history, genetic information, veteran status, marital status or parental status*.*


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