Sr. Revenue Accountant at Lyra Health

United States

Lyra Health Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Mental HealthIndustries

Requirements

  • 5+ years of experience in Revenue Accounting
  • Public Accounting experience preferred
  • Strong collaboration and communication skills for interaction with sales, legal, senior management, and auditors
  • Strong Microsoft Excel/Google Sheets skills
  • SQL proficiency a plus
  • ERP financial systems experience preferred (SFDC, NetSuite, Zuora)
  • Bachelor’s degree in Accounting
  • CPA certification preferred

Responsibilities

  • Analyze fully executed customer contracts to determine appropriate accounting treatment and ensure compliance with ASC 606
  • Review draft customer contracts and provide revenue accounting guidance to Legal and Sales teams
  • Prepare supporting revenue accounting documentation (e.g., checklists, position papers) and assist with technical research on complex matters
  • Support Fair Value (SSP) analyses based on historical sales transactions
  • Execute monthly and quarterly close activities, including revenue review, journal entries, accruals, account reconciliations, and analysis
  • Assist with annual audit and quarterly reviews by providing documentation to external auditors

Skills

ASC 606
Revenue Recognition
Contract Review
GAAP
Revenue Accounting
Internal Controls
Financial Close

Lyra Health

Digital mental health care services for employees

About Lyra Health

Lyra Health offers mental health care services through a digital platform, primarily targeting businesses that want to support their employees. The company connects employees with a network of over 20,000 vetted mental health providers, offering services like therapy, coaching, and self-guided programs, accessible in-person or online. What sets Lyra Health apart is its concierge model, which provides personalized care and 24/7 support from care navigators. The goal is to improve employee wellness while helping businesses reduce healthcare costs.

Burlingame, CaliforniaHeadquarters
2015Year Founded
$671.3MTotal Funding
SERIES_FCompany Stage
Social Impact, HealthcareIndustries
1,001-5,000Employees

Benefits

Lyra for Lyrians - Full access to Lyra’s mental health services for employees and their eligible dependents—at no charge
Health benefits - Comprehensive medical, dental, and vision benefits, along with a free monthly membership to One Medical
Financial rewards - Generous compensation, 401k, and equity options
Paid time off - Guilt-free time to unwind and recharge, including four weeks of vacation and paid holidays
Tech stipend - Monthly stipend to spend on technology needs
Snacks & meals - Monthly Uber Eats and NatureBox credits to nourish body and mind

Risks

Increased competition from platforms like Ginger and Headspace Health.
Potential regulatory scrutiny over data privacy concerns with digital platforms.
Economic downturns may lead to reduced corporate spending on employee benefits.

Differentiation

Lyra Health offers a concierge member experience with personalized mental health care.
The company has a global network of 20,000 providers in over 200 countries.
Lyra's evidence-based approach results in 7x better outcomes than traditional plans.

Upsides

Lyra Health's partnerships with AT&T and CHA validate its market position.
The company has sustained a 26% reduction in healthcare costs over four years.
Lyra's expansion into teen mental health care addresses a growing market need.

Land your dream remote job 3x faster with AI