Candid Health

Accounting Manager

San Francisco, California, United States

$120,000 – $160,000Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, HealthcareIndustries

Requirements

Candidates should have 4+ years of accounting experience, preferably in startup or high-growth environments, with HealthTech experience being a plus. A Bachelor's, Master's, or equivalent degree in accounting or a related field is required, with a Certified Public Accountant (CPA) designation preferred. Proficiency in accounting and finance tools such as NetSuite, QuickBooks, Brex, Rippling, and Bill.com is necessary, along with a detailed understanding of GAAP accounting and strong technical accounting skills. A proven track record of executing month-end close, financial reporting, audits, and tax compliance activities is essential. Excellent written and verbal communication skills are required to collaborate effectively with technical teams, executives, and business partners.

Responsibilities

The Accounting Manager will establish Candid Health’s internal accounting function and take ownership of critical processes. They will lead month-end and year-end closing to ensure timely and precise preparation of financial statements. The role involves implementing best-in-class accounting processes to improve efficiency and standardize reporting. Additionally, they will ensure timely tax submissions and compliance with all regulatory requirements, collaborate with external auditors, tax advisors, and regulatory agencies, and oversee day-to-day operations related to accounts payable, accounts receivable, and general ledger functions. The manager will maintain operational ownership of business functions such as payroll, reporting, and forecasting, both individually and in collaboration with Finance, and create and maintain documentation for accounting processes and procedures.

Skills

GAAP
NetSuite
QuickBooks
Brex
Rippling
Bill.com
Accounting
Financial Reporting
Tax Compliance
Accounts Payable
Accounts Receivable
General Ledger

Candid Health

Automated revenue cycle management platform for healthcare

About Candid Health

Candid Health specializes in automated revenue cycle management for healthcare providers. Its platform identifies and resolves issues that impact revenue cycles, helping to optimize insurance collections. The platform is designed to integrate seamlessly with various healthcare infrastructures, whether custom-built or commercial. Clients pay a subscription fee for access to the platform, which allows them to streamline their billing processes and improve revenue collection rates. Candid Health differentiates itself by focusing on automation and ease of integration, making it a reliable choice for healthcare providers seeking efficient billing solutions. The company's goal is to enhance the financial performance of healthcare providers by simplifying and improving their revenue cycle management.

Key Metrics

San Francisco, CaliforniaHeadquarters
2019Year Founded
$43.9MTotal Funding
SERIES_BCompany Stage
Enterprise Software, HealthcareIndustries
51-200Employees

Benefits

Remote Work Options
Company Equity
Mental Health Support

Risks

Emerging startups in healthcare automation threaten Candid Health's market share.
Stricter compliance requirements could increase operational costs for Candid Health.
Continuous AI advancements may lead to increased R&D expenses for platform updates.

Differentiation

Candid Health automates revenue cycle management with AI, reducing administrative burdens for providers.
The platform offers seamless API integration, enhancing compatibility with existing healthcare systems.
Candid Health's end-to-end automation optimizes financial operations, improving patient experiences.

Upsides

AI-driven healthcare billing solutions are expected to grow by 40% in five years.
Blockchain integration offers enhanced security, complementing Candid Health's platform.
Telehealth's rise increases demand for efficient billing solutions, benefiting Candid Health.

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