[Remote] Accounting Manager at Virta Health

Remote

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$112,300 – $128,300Compensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, BiotechnologyIndustries

Skills

Key technologies and capabilities for this role

Month-end closeJournal entriesAccount reconciliationsCost of salesInventory accountingStock-based compensationEquity accountingCap table managementFinancial statement analysisBudgetingForecastingInternal controlsSOX complianceProcess improvementAutomationAIMentoringCoaching

Questions & Answers

Common questions about this position

What is the salary range for the Senior Accountant position?

The salary range is $112.3K - $128.3K.

Is this a remote position?

Yes, this is a fully remote position.

What are the key requirements for this role?

Candidates must have a Bachelor’s degree in Accounting or Finance, CPA certification, 6+ years of relevant experience including public and private roles, experience with general ledger and close processes in a public company, in-depth GAAP knowledge in software capitalization, stock-based compensation, cost of sales, and inventory, plus strong problem-solving skills and familiarity with ERP systems like NetSuite.

What is the company culture like at Virta Health?

Virta Health focuses on revolutionizing type 2 diabetes and weight-loss care through innovative technology, personalized nutrition, and virtual care, with a collaborative environment emphasizing cross-functional partnerships, process improvements, automation, and mentorship.

What makes a strong candidate for this Senior Accountant role?

A strong candidate will have CPA certification, 6+ years of blended public and private accounting experience in a public company, deep GAAP expertise in areas like ASC 350-40 and ASC 718, and experience with ERP systems, automation, and AI tools, along with strong problem-solving in a fast-paced setting.

Virta Health

Reverses type 2 diabetes through personalized care

About Virta Health

Virta Health focuses on reversing type 2 diabetes through a combination of personalized nutrition, continuous remote care, and behavioral science. Their treatment is designed for individuals diagnosed with type 2 diabetes, healthcare providers, and enterprise partners like employers and health plans. Unlike many competitors, Virta Health operates on a performance-based model, meaning they only receive payment if they achieve successful outcomes for their patients. This aligns their financial incentives with patient health improvements. The company's goal is to reverse type 2 diabetes in 100 million people, making their approach not just about managing diabetes but actively working towards its reversal.

Denver, ColoradoHeadquarters

2014Year Founded

$362.8MTotal Funding

SERIES_ECompany Stage

Biotechnology, HealthcareIndustries

501-1,000Employees

Benefits

Remote-first work environment

Flexible work hours & time off policy

Health insurance

Paid parental leave

Free Virta treatment & family discount

Internet, home office, learning & development stipends

Employee resource groups

401K & ROTH contribution

Risks

Increased competition in diabetes reversal could threaten Virta's market share.

Rising popularity of GLP-1 medications may divert clients from Virta's approach.

Regulatory changes in GLP-1 prescriptions could impact Virta's business model.

Differentiation

Virta Health offers a medication-free approach to reversing type 2 diabetes.

Their performance-based model aligns financial incentives with patient outcomes.

Virta's continuous remote care platform provides personalized nutrition and behavioral support.

Upsides

Virta Health has achieved over $100M in annualized revenue with sustainable weight loss solutions.

Partnerships with major payers like U-Haul enhance Virta's market reach and credibility.

Growing skepticism about GLP-1 medications boosts demand for Virta's alternative treatments.

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