Virta Health

Senior Accountant, Revenue

Remote

$83,700 – $95,700Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Health Tech, HealthcareIndustries

Requirements

Candidates must possess a Bachelor's degree in accounting or finance and have 3-4 years of relevant experience, ideally combining public accounting and industry roles. A CPA is preferred, along with a deep understanding of ASC 606 and complex revenue arrangements. Prior experience supporting revenue operations or quote-to-cash processes in SaaS or healthcare is beneficial. Strong analytical skills, proficiency in Microsoft Excel and revenue accounting tools like NetSuite or Zuora, and comfort in a fast-paced, remote environment are essential. Candidates should also demonstrate a proven track record in implementing or improving automated solutions, including exposure to AI-enabled tools, and possess strong problem-solving abilities.

Responsibilities

The Senior Accountant, Revenue will own a portion of the revenue close process, including preparing journal entries, reconciliations, and financial statement analyses. They will ensure timely and accurate revenue recognition according to ASC 606 and internal policies. Key duties include collaborating with Sales, Strategic Finance, Legal, and Operations to evaluate contracts, supporting the implementation of systems for revenue automation, and preparing audit documentation. The role also involves analyzing revenue fluctuations, providing ad hoc reports for strategic decision-making, and driving process improvements with a focus on automation and AI.

Skills

Revenue Recognition
ASC 606
Financial Statement Analysis
Journal Entries
Reconciliations
Audit Support
Process Improvement
Automation
Artificial Intelligence

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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