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Revenue Accounting Manager

Headway

Headway

Accounting & Finance
Remote
Posted on Monday, June 3, 2024

Headway’s mission is a big one - to build a new mental health care system everyone can access. We’ve built technology that helps people find great therapists with the first software-enabled national network of providers accepting insurance.

1 in 4 people in the US have a treatable mental health condition, but the majority of providers don’t accept insurance, making therapy too expensive for most people. Headway is building a new mental healthcare system that everyone can access by making it easy for therapists to take insurance and scale their practice.

Headway was founded in 2019 – since then, we’ve grown into a diverse, national network of over 30,000 mental healthcare providers across all 50 states who run their practice on our software. We’re a Series C company with over $225m in funding from a16z (Andreessen Horowitz), Accel, GV (formerly Google Ventures), Spark Capital, Thrive Capital, and Health Care Service Corporation.

We want your time here to be the most meaningful experience of your career. Join us, and help change mental healthcare for the better.

The Revenue Accounting Manager will own the company-wide revenue recognition under ASC 606, including supporting contract structuring, new product rollouts and revenue accounting processes and controls that scale with the growth of the company. You’ll report to the Controller who is looking for a trusted accounting expert to collaborate with the Engineering, Product and Data teams to design and build in-house systems and tools that accurately report on revenue and accounts receivable.

You will:

  • Own revenue month-end close processes including preparing journal entries, account analysis and reconciliation to deliver timely and accurate financial results
  • Oversee the design, implementation and execution of scalable and effective revenue processes for a more efficient close and strong control environment
  • Work cross-functionally with Engineering, Product and Data as the primary Accounting expert in the team building in-house billing, cash reconciliation, accounts receivable collection and other accounting tools
  • Identify product and system features needed to accurately report revenue and accounts receivable; coordinate with Engineering, Product and Data to determine requirements; test and review features and resolve any issues as necessary
  • Analyze large data sets with SQL in tools such as metabase, palantir, etc. to validate underlying system configurations and financial reporting outputs
  • Review customer contracts to ensure compliance with company policies and ASC 606
  • Prepare monthly and quarterly revenue reporting and analytical materials
  • Establish formal accounting policies in accordance with US GAAP, prepare technical revenue accounting memos and monitor relevant US GAAP developments to ensure revenue recognition policies are compliant
  • Determine healthcare accounts receivable reserve and claims loss calculation methodologies suitable for the business

You’d be a great fit for the role if:

  • You have a Bachelor’s degree in Accounting or other relevant field
  • You have a CPA with Big 4 or large accounting firm experience
  • You have 6+ years of accounting experience (with at least 3+ years of revenue recognition experience)
  • You have experience working with large datasets and SQL
  • You have implemented an ERP, revenue recognition or billing system
  • You have experience at a company with a complex payments system (e.g., marketplace, health care, fintech)
  • You have the ability to lead and/or collaborate with cross-functional teams
  • You have strong communication and interpersonal skills

Compensation and Benefits:

  • Salary information is based on a single salary target per role and is differentiated based on geographic location (Group A, B, or C)
    • Group A: $180,000
    • Group B: $162,000
    • Group C: $144,000
    • Examples of cities located in each Compensation Grouping:
      • Group A = NYC, SF/Bay Area, LA Area, Seattle, Boston, Austin, and San Diego
      • Group B = Chicago, Miami, Denver, Washington DC, Philadelphia, Atlanta, Minneapolis, Nashville, Sacramento, Phoenix, and Portland
      • Group C = All remaining cities
  • Benefits offered include:
    • Equity Compensation
    • Medical, Dental, and Vision coverage
    • HSA / FSA
    • 401K
    • Work-from-Home Stipend
    • Therapy Reimbursement
    • 16-week parental leave for eligible employees
    • Carrot Fertility annual reimbursement and membership
    • 13 paid holidays each year as well as a Holiday Break during the week between December 25th and December 31st
    • Flexible PTO
    • Employee Assistance Program (EAP)
    • Training and professional development

We believe a team's strength is in its people, and we cannot achieve this mission without a team that reflects the diversity of this problem - across race, ethnicity, gender, sexuality, age, national origin, religion, family status, disability, military status, and experience.

Headway is committed to the full inclusion of all qualified individuals. As part of this commitment, Headway will ensure that persons with disabilities are provided with reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or receive other benefits and privileges of employment, please contact [email protected]

Headway employees work remotely across the US, with the option to work from offices in New York City and San Francisco. Headway participates in E-Verify. To learn more, click here.