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Director, Technical Accounting

Cedar
USA, United StatesRemotefull_timeVerifiedPosted 21 Nov 2024
💰 $225,000/yr($172,100/yr$225,000/yr)

About the role

Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.

Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.

The Role

We are seeking a Director of Technical Accounting & Financial Reporting to own the technical accounting and financial reporting function. This role serves as a key U.S. GAAP subject matter expert and works cross functionally to support other departments and stakeholders both inside and outside the organization. This individual will be responsible for leading the annual financial statement audit including the preparation of the annual financial statements. This role will also assist in the review of various month end close areas. 

Our ideal candidate is detail-oriented and organized, and will thus have the opportunity to own many processes across the Finance team.

Responsibilities

  • Serve as the subject matter expert in complex accounting topics such as revenue recognition, business combinations, share-based compensation, debt arrangements, leasing, etc.
  • Lead and manage the external audit
  • Interpret U.S. GAAP accounting standards and SEC guidance to determine accounting and financial reporting treatment
  • Lead the preparation of financial statements, ensuring compliance with US GAAP and internal management reporting requirements, with a focus on the evolving needs of a growing tech company.
  • Prepare technical accounting analyses for non-standard transactions including but not limited to acquisitions, equity award modifications, and new accounting pronouncements as well as internally developed software, intangible assets and other long-lived asset impairment, revenue recognition, etc.
  • Actively represent the accounting function in our deal desk process to lead all aspects of and scale the deals process for optimal deal velocity, assess risk, and structure deals for new and existing business models.
  • Manage the stock-based compensation and equity administration process
  • Review new revenue contracts to ensure the proper accounting treatment is applied.
  • Review various high-risk accounts as part of the month end close process
  • Develop and implement process improvements and systems upgrades across the Accounting function

Requirements

  • Bachelor’s or Master’s degree in Accounting.  Advanced Degree a plus.
  • CPA Required
  • 10+ years of experience in technical accounting and financial reporting
  • Minimum of 5 years of public accounting experience
  • Excellent understanding of US GAAP
  • Strong understanding of ASC 606 revenue recognition standards 
  • Experience implementing accounting standards and special projects
  • Excellent project management skills with a high level of organization and attention to detail
  • Ability to understand and communicate complex information, including accounting   interpretations, to individuals at all levels of management


Compensation Range and Benefits

  • Salary Range*: $ 172,100 - $ 225,000
  • This role is also bonus and equity eligible
  • This role offers a competitive benefits and wellness package

*Subject to location, experience, and education

#LI-REMOTE

What do we offer to the ideal candidate?

  • A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
  • Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
  • For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of PTO per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
  • 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
  • Diversity initiatives that encourage Cedarians to bring their whole selves to work, including the Cedarian Advisory Group (a cross-functional cohort focused on increasing internal inclusiveness at Cedar) and three employee re

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Company

Cedar

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