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Senior Accountant Counterpart Health (SaaS & Tech Enabled Services)

Clover Health
Remote - USA, United StatesRemotefull_timeVerifiedPosted 12 Aug 2024

About the role

Clover is reinventing health insurance by working to keep people healthier.

We value diversity — in backgrounds and in experiences. Healthcare is a universal concern, and we need people from all backgrounds and swaths of life to help build the future of healthcare. Clover's engineering team is empathetic, caring, and supportive. We are deliberate and self-reflective about the kind of engineering team and culture that we are building, seeking engineers that are not only strong in their own aptitudes but care deeply about supporting each other's growth.

The Accounting team is responsible for accurately reporting the financial results of Clover Health and overall business activities. The team coordinates and directs all financial transactions in the accounting system as well as, supports company wide goals and initiatives relative to the financial needs of all departments. The accounting department assures that all transactions adhere to company policies and procedures, generally accepted accounting principles, and relevant authoritative guidance. 

We are seeking a highly motivated and dedicated individual to join our accounting team as a Senior Accountant. As a Senior Accountant, this role plays a pivotal role in our organization by understanding its business dynamics and revenue recognition principles. Primary responsibilities include reviewing contracts, evaluating revenue recognition implications, and closely collaborating with FP&A (Financial Planning & Analysis) and business teams (including the deal desk) to ensure precise financial reporting and forecasting.

As a Senior Accountant, you will:

  • Analyze revenue recognition under ASC 606, collaborate with FP&A on forecasts and business strategies, and ensure alignment between financial reporting and operational performance.
  • Be the business Partner on Counterpart Health SaaS and Tech Enabled Services agreements
  • Develop enhancements to scale SaaS and Tech Enabled Services revenue recognition processes.
  • Support financial reporting processes, including SEC disclosures and audits, ensuring compliance with GAAP, Sarbanes-Oxley, and internal controls.
  • Research accounting matters, prepare technical memos, and provide guidance on new rules and accounting impacts.
  • Manage balance sheet and income statement accounts, perform revenue reconciliations, and work with Strategic Finance and actuarial teams on financial documentation and variance analysis.
  • Identify and implement process improvements to streamline accounting procedures and maintain robust policies.

Success in this role looks like:

  • Successfully integrate with the FP&A team to understand revenue forecasts and pricing strategies.
  • Independently manage revenue reconciliations with high accuracy.
  • Develop and present insightful revenue-related analytics to senior management.
  • Successfully support the external audit process.

You should get in touch if:

  • You have 5+ years of accounting experience demonstrating strong knowledge of GAAP and a minimum of 2+ years of experience with ASC 606 SaaS revenue recognition accounting.
  • You have a Bachelor's Degree in Accounting, Master’s Degree preferred. 
  • You have 2+ years of experience in health plan accounting, preferably Medicare Advantage. SEC reporting experience is also preferred. 
  • You are proficient in financial management software (e.g., Intacct) and have advanced skills in Microsoft Office and Google Suite.
  • You have a CPA certification or are working towards CPA certification, strongly preferred.
  • You have Big 4 public accounting experience, preferred.
  • You are a proactive self-starter with strong analytical, problem-solving, and prioritization skills, able to manage multiple tasks under tight deadlines and thrive in a fast-paced environment.
  • You excel in written and interpersonal communication, can work independently and collaboratively, and are skilled at building strong relationships across the organization.

 

#LI-Remote

Benefits Overview

  • Financial Well-Being: Our commitment to attracting and retaining top talent begins with a competitive base salary and equity opportunities. Additionally, we offer a performance-based bonus program, 401k matching, and regular compensation reviews to recognize and reward exceptional contributions.
  • Physical Well-Being: We prioritize the health and well-being of our employees and their families by providing comprehensive medical, dental, and vision coverage. Your health matters to us, and we invest in ensuring you have access to quality healthcare.
  • Mental Well-Being: We understand t

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Company

Clover Health

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