Wellth

Group Head of Accounting

Barcelona, Catalonia, Spain

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Health & FitnessIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-Time
  • Salary: (Salary not provided in the description)

Welltech is a global leader in the Health & Fitness industry, offering life-changing apps to millions. We are seeking an experienced and strategic Group Head of Accounting to lead our global accounting operations across multiple jurisdictions. This role is responsible for overseeing the full spectrum of accounting activities, ensuring compliance, driving process excellence, and providing strong leadership across a geographically dispersed team.

Requirements

  • Education: Degree in Accounting, Finance, or related field.
  • Certifications: CPA, ACCA, or equivalent qualification is a plus.
  • Experience: 8+ years of progressive accounting experience, including leadership roles in an international environment.
  • Knowledge: Strong knowledge of accounting standards and internal company policies and procedures.

Responsibilities

  • Leadership & Management:
    • Lead and manage the Group Accounting function across 3+ jurisdictions (Cyprus, Poland, Spain, UK, Ukraine).
    • Build and lead a high-performing international accounting team, supporting development and engagement.
  • Accounting Operations:
    • Oversee all accounting areas: general ledger, intercompany, fixed assets, accounts payable, accounts receivable, bank reconciliations, payroll accounting and employee expenses, etc.
    • Manage the bank payments process, ensuring strong internal controls and timely execution of vendor and other payments.
    • Ensure maintaining accurate vendor master data.
    • Oversee intercompany elimination, intercompany invoicing and consolidation processes.
  • Financial Reporting & Compliance:
    • Ensure that all accounting supporting documentation is complete, accurate, and compliant.
    • Collaborate closely with the tax team to support reporting and audit readiness.
    • Develop and maintain strong internal controls.
    • Own and drive the documentation of all accounting processes, controls, and workflows.
    • Own the month-end and year-end close processes, ensuring timely and accurate consolidated financial reporting.
  • Audit & Support:
    • Liaise with external and internal auditors across all operating countries.
    • Support with local tax, regulatory, and statutory requirements.
  • System & Process Improvement:
    • Own the company wide projects.
    • Lead finance system improvements, ensuring scalable and efficient accounting operations.
  • Strategic Partnership:
    • Partner with HR, Legal, and other finance teams to support strategic initiatives and transactions.

Application Instructions

  • (Application instructions not provided in the description)

Company Information

  • Company: Welltech
  • Industry: Health & Fitness
  • Mission: To transform lives through intuitive nutrition trackers, powerful fitness solutions, and personalized wellness journeys.
  • Team Size: Over 800 passionate professionals with presence across 5 hubs.

Skills

Accounting Standards
Internal Policies
Leadership
Team Management
Financial Reporting
Internal Controls
Intercompany Processes
Bank Reconciliations
Payroll Accounting
Vendor Management
Audit Support

Wellth

Improves patient adherence to treatment plans

About Wellth

Wellth focuses on enhancing patient adherence to treatment plans through personalized programs based on evidence and behavioral economics. The company targets individuals who have difficulty maintaining health habits, such as taking medications or following treatment protocols, particularly in the areas of behavioral health and chronic disease management. Wellth tailors each member's experience to their specific needs, using insights from behavioral economics to tackle the reasons behind non-adherence and help members develop sustainable healthy habits. The company operates on an outcome-based payment model, meaning it only receives payment when its programs demonstrate validated success. This model appeals to healthcare providers, insurers, and employers who aim to lower healthcare costs by improving patient outcomes. Wellth's goal is to foster long-term relationships with its members while driving behaviors that positively impact healthcare costs and outcomes.

Culver City, CaliforniaHeadquarters
2014Year Founded
$36.5MTotal Funding
SERIES_BCompany Stage
HealthcareIndustries
51-200Employees

Benefits

Flexible Work Hours
Unlimited Paid Time Off
Parental Leave
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Performance Bonus

Risks

Increased competition from platforms like Omada Health and Livongo.
Regulatory scrutiny on AI and patient data may increase compliance costs.
Dependence on outcome-based models poses financial risks if outcomes aren't achieved.

Differentiation

Wellth uses behavioral economics to improve adherence in chronic disease populations.
The company offers a personalized mobile platform for patient engagement and habit formation.
Wellth's outcome-based payment model ensures payment only for successful program outcomes.

Upsides

Growing demand for digital health solutions supports Wellth's personalized programs.
AI integration enhances patient engagement, aligning with Wellth's recent feature launch.
Partnerships with Medicaid plans expand Wellth's reach in chronic condition management.

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