[Remote] Revenue Accountant at Alto Pharmacy

Texas, United States

Alto Pharmacy Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • 4+ years as a revenue accountant or similar role
  • 2+ years in a public accounting role (preferred)
  • Experience with Sage Intacct, Inmar, and Floqast
  • Thorough knowledge of accounting principles, financial systems, and best practices in accounts receivable processes and controls
  • Advanced proficiency in Microsoft Word and Excel
  • Detail-oriented, comfortable with large data sets, analytical thinker
  • Ability to effectively work across teams
  • Ability to multitask and prioritize work; work well under pressure

Responsibilities

  • Perform month-end duties including account reconciliation, computation of revenue/deferred revenue, accrual estimates, and review of revenue trends
  • Manage and monitor AR, create metrics/dashboards, internal and external communications
  • Maintain and update internal control design and documentation in the "order to cash" cycle
  • Perform daily, weekly, and ad-hoc duties related to incoming collections and billing
  • Daily monitoring incoming Accounts Receivable collections and GL applications
  • Weekly AR Aging review for identified payors
  • Review of cash collections
  • Daily/Monthly invoicing and cash application for invoiced clinics
  • Monthly close journal entries and reconciliations
  • Identification of new revenue streams as needed
  • Interact with external auditors to gather relevant support and ensure compliance with internal controls
  • Prepares period end close schedules and reporting for the Revenue accounting team
  • Interact with key stakeholders outside of accounting
  • Maintain and review complex schedules to ensure accuracy of open Accounts Receivable balances
  • Review and enhance the monthly balance sheet account reconciliations on an ad-hoc basis for Revenue related accounts and assists the Finance Team in researching differences
  • Use financial and accounting experience and acumen to analyze and interpret data to make any recommendations on possible courses of action as appropriate
  • Effectively engage with the team to successfully complete multiple and diverse deliverables
  • Develop, implement and maintain desktop procedures for on-going revenue accounting activities

Skills

Alto Pharmacy

Digital pharmacy offering same-day medication delivery

About Alto Pharmacy

Alto Pharmacy operates as a digital pharmacy that delivers medications directly to customers' homes on the same day. This service is designed for individuals who may not have the time to visit a traditional pharmacy. Customers can use the Alto app to consult with pharmacists about their medications, addressing any concerns they may have regarding side effects or other issues. Additionally, Alto Pharmacy helps customers save money by actively searching for coupons and discounts to provide medications at lower prices. Unlike many traditional pharmacies, Alto focuses on convenience and customer care, making it easier for people to manage their prescriptions. The company's goal is to enhance the pharmacy experience by combining fast delivery, accessible pharmacist support, and cost-saving options.

San Francisco, CaliforniaHeadquarters
2015Year Founded
$664.4MTotal Funding
CONVERTIBLECompany Stage
HealthcareIndustries
501-1,000Employees

Benefits

Generous time off
Comprehensive medical, dental, & vision plans
401k
Life & disability insurance
Parental leave
Equity

Risks

Amazon Pharmacy's expansion could increase competition for Alto.
The recent funding round at a lower valuation indicates a tough fundraising environment.
Contamination at Novo Nordisk's factory may disrupt Alto's diabetes medication supply.

Differentiation

Alto offers same-day delivery, enhancing convenience for busy individuals.
The company provides pharmacist consultations via an app, improving customer care.
Alto actively searches for cost-saving options, reducing medication expenses for customers.

Upsides

Alto's partnership with Cuban's Cost Plus expands access to medications.
The integration of telehealth services complements Alto's digital pharmacy model.
AI-powered medication management can enhance Alto's service offerings.

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