Abarca Health

Accounting Manager

Remote

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Digital Health, Mental Health, Education TechnologyIndustries

Requirements

The ideal candidate should possess a Bachelor’s degree in Accounting or a related field, along with a minimum of 7 years of progressive accounting experience, including at least 3 years in a managerial role. Strong knowledge of US GAAP and experience with accounting systems design and implementation are essential, as is the ability to lead and mentor a team.

Responsibilities

As the Accounting Manager, you will refine and own the monthly, quarterly, and annual close processes, proactively identifying issues and opportunities for improvement. You will also oversee daily accounting activities, including payroll entries, general ledger and bank transactions, and lead accounting automation projects to design, implement, and maintain scalable finance and reporting systems. Furthermore, you will contribute to the preparation of financial reporting packages, provide critical support with cash flow management, and oversee federal, state, and local tax reporting and compliance.

Skills

US GAAP
Financial Close
Financial Operations
Accounting Automation
Payroll
General Ledger
Bank Transactions
Vendor Payables
Customer Invoicing
Employee Expenses

Abarca Health

Pharmacy Benefit Management services provider

About Abarca Health

Abarca Health provides Pharmacy Benefit Management (PBM) services, focusing on flexible and user-friendly solutions for health plans, employers, and government programs like Medicare and Medicaid. Its main product, the Darwin platform, allows clients to quickly implement and modify benefit designs while ensuring compliance with regulations. Abarca Health manages over $5.3 billion in drug spend and processes 100 million prescription claims annually, offering additional services like home delivery for prescriptions. The company's goal is to deliver exceptional service and innovative solutions in the PBM market.

Key Metrics

Aventura, FloridaHeadquarters
2005Year Founded
VENTURE_UNKNOWNCompany Stage
HealthcareIndustries
501-1,000Employees

Benefits

PTO
Parental leave
Work flexibility
Health insurance
Wellness stipend
401k
Tuition reimbursement
Leadership development programs

Risks

Increased competition from Amazon Pharmacy and Mark Cuban's Cost Plus Drug Company.
Growing focus on specialty drugs may require platform adaptation.
Shift towards price transparency could pressure Abarca's pricing models.

Differentiation

Abarca Health's Darwin platform is highly adaptable and user-friendly.
The company offers innovative programs like Triple S en Casa for home delivery.
Abarca Health ensures compliance with ever-changing healthcare regulations.

Upsides

Abarca transitioned two million members to Darwin in 18 months, showing operational efficiency.
Collaboration with Blue Shield of California boosts Abarca's reputation in the PBM sector.
Recognition as a top IT workplace attracts top talent, driving innovation.

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