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Senior Accounting Manager

2 months ago

Bodega Bay, United States SmithRx Full time
Job DescriptionJob Description

Who We Are:

SmithRx is a rapidly growing, venture-backed Health-Tech company. Our mission is to disrupt the expensive and inefficient Pharmacy Benefit Management (PBM) sector by building a next-generation drug acquisition platform driven by cutting edge technology, innovative cost saving tools, and best-in-class customer service. With hundreds of thousands of members onboarded since 2016, SmithRx has a solution that is resonating with clients all across the country.

We pride ourselves for our mission-driven and collaborative culture that inspires our employees to do their best work. We believe that the U.S healthcare system is in need of transformation, and we come to work each day dedicated to making that change a reality. At our core, we are guided by our company values:

  • Integrity: Always operate with honesty and transparency so we earn the trust of our clients.
  • Courage: Demonstrate the courage needed to take on a broken industry and continuously improve what we offer to optimize health outcomes.
  • Together: Foster a collaborative and inclusive environment that values teamwork, respect, and open communication, and encourages creativity and diversity of thought

Job Summary:

SmithRx's finance team is seeking an experienced Senior Accounting Manager to continue building and developing our Accounts Receivable function. This individual will have a wide span of responsibilities including the creation and execution of effective and streamlined collections processes, financial reporting, revenue and AR accounting operations, revenue recognition policies, internal controls, and process improvements. This position will also assist with general ledger, technical accounting, tax, and audit activities.

What you will do at SmithRx:

  • Evolve and mature cash application and collection processes with automation.
  • Establish AR aging and DSO goals and track progress.
  • Lead the maintenance and reconciliation of the AR and revenue cycle accounts, financial statement review, and reporting on a monthly basis along with other month-end close activities.
  • Prepare analysis of financial and operational metrics, U.S. GAAP reporting, management reporting, and other compliance reporting.
  • Manage relationships with customers and partners while addressing customer billing issues and questions.
  • Serve as a subject-matter expert on revenue recognition and related accounting policies under ASC 606, providing business support on their interpretation and application.
  • Research accounting issues, perform technical accounting analyses, and implement new accounting guidance.
  • Assist with the annual financial statement audit as well as tax and regulatory filings as needed.
  • Lead strategic financial projects including implementation of new accounting systems and tools.
  • Identify, develop, and implement procedural and system changes to increase accuracy, efficiency and controls.

What you will bring to SmithRx:

  • 8+ years of combined Public and Private company experience in revenue and AR operations.
  • Startup experience, where you thrived in a fast-paced environment, is a plus.
  • Experience in healthcare or similar industry knowledge is a plus.
  • Bachelor's Degree in Accounting, Finance, or a related field.
  • Working knowledge of ASC 606.
  • Possesses strong written and verbal communications skills with the ability to articulate complex subject matter to senior leaders and non-technical stakeholders.
  • High attention to detail with excellent organizational and analytical skills.
  • Proficient with key financial tools and ERP systems (Sage Intacct preferred) as well as Microsoft Office (Excel).
  • Licensed CPA, or CPA licensure in progress.

What SmithRx Offers You:

  • Highly competitive wellness benefits including Medical, Pharmacy, Dental, Vision, and Life Insurance and AD&D Insurance
  • Flexible Spending Benefits
  • 401(k) Retirement Savings Program
  • Short-term and long-term disability
  • Discretionary Paid Time Off
  • 12 Paid Holidays
  • Wellness Benefits
  • Commuter Benefits
  • Paid Parental Leave benefits
  • Employee Assistance Program (EAP)
  • Well-stocked kitchen in office locations
  • Professional development and training opportunities