Director, Revenue Accounting

Remote

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$175,100 – $200,100Compensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, BiotechnologyIndustries

Requirements

Candidates must possess a Bachelor's degree in Accounting, Finance, or a related field, and be a CPA with in-depth knowledge of ASC 606. A minimum of 10 years of progressive experience in public accounting and industry, including at least 3 years specifically in revenue accounting, is required. Experience in a fast-paced public company environment, a leadership role managing teams for over 3 years, and a proven ability to design and implement scalable processes and controls are essential. Excellent communication skills and the ability to collaborate cross-functionally, along with comfort in a fully remote setting, are also necessary.

Responsibilities

The Director, Revenue Accounting will lead all facets of revenue accounting, including month-end close, analysis, reporting, and technical accounting under ASC 606. This role involves overseeing contract reviews for revenue recognition implications, leading and mentoring a team of two revenue accountants, and partnering with Strategic Finance, Legal, Commercial, and Operations departments to ensure accurate forecasting, reporting, and compliance. The position also requires driving continuous process, system, and control improvements to support scalability and operational excellence, assisting with external audits and reviews, and contributing to ad hoc tasks and projects as needed.

Skills

Revenue Accounting

ASC 606

Financial Reporting

Contract Review

Team Leadership

Process Improvement

External Audits

Forecasting

Compliance

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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