Full-Time

Director of Financial Reporting & Technical Accounting

Confirmed live in the last 24 hours

Spring Health

Spring Health

1,001-5,000 employees

Personalized mental health solutions for employers

Consumer Software
Healthcare

Compensation Overview

$153.8k - $205kAnnually

Senior

New York, NY, USA

Hybrid position in New York.

Category
Financial Accounting
Financial Controller
Accounting
Requirements
  • Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification required
  • Minimum of 7-10 years of experience, with at least 3-5 years in financial reporting and technical accounting at a public company
  • Strong knowledge of GAAP, financial reporting standards, and regulatory requirements specific to healthcare
  • Extensive experience with technical accounting, including researching and applying accounting standards for complex transactions
  • Working knowledge of Google Office Suite (Google Docs, Sheets, Slides, Forms, etc.)
  • Excellent analytical, organizational, and problem-solving skills, with a high level of attention to detail
  • Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior leadership
Responsibilities
  • Oversee the preparation and review of financial statements in accordance with GAAP and healthcare industry standards.
  • Collaborate with the Controller to manage the consolidation of financial results from various business units within Spring Health.
  • Lead the research, interpretation, and implementation of new accounting standards and regulations, providing technical accounting guidance to the finance team and other stakeholders.
  • Provide technical accounting support for complex transactions, including mergers and acquisitions, new products, revenue recognition, and equity compensation.
  • Collaborate with sales teams to review new contract terms and ensure appropriate technical accounting treatment
  • Develop and implement financial reporting and technical accounting policies, procedures, and best practices to improve the efficiency and accuracy of the financial reporting process.

Spring Health provides personalized mental health solutions aimed at improving employee well-being for organizations and health plans. Their approach, known as Precision Mental Healthcare, involves assessing individuals to determine the most appropriate mental health support, which can include digital resources, therapy, and medication. The platform is user-friendly, allowing users to complete a brief assessment that generates a personalized care plan and connects them with suitable providers. Key features include appointment scheduling, on-demand wellness exercises, and access to a Care Navigator for ongoing support. Unlike competitors, Spring Health focuses on tailoring mental health care to the specific needs of each individual, ensuring that users receive the most effective support. The company's goal is to enhance mental health accessibility and effectiveness for employees through comprehensive, personalized care.

Company Stage

Series E

Total Funding

$452.3M

Headquarters

New York City, null

Founded

2016

Growth & Insights
Headcount

6 month growth

14%

1 year growth

42%

2 year growth

122%
Simplify Jobs

Simplify's Take

What believers are saying

  • Collaborations with major health plans like Highmark Health expand access points and enhance service offerings, indicating strong growth potential.
  • The launch of innovative tools like Atlas and Sage demonstrates Spring Health's commitment to leveraging technology for better mental health outcomes.
  • High-profile partnerships with companies like General Mills and LinkedIn validate the platform's effectiveness and market acceptance.

What critics are saying

  • The highly competitive mental health sector requires continuous innovation to maintain a competitive edge.
  • Integration of new services and partnerships, such as with Eleanor Health, may pose operational challenges and strain resources.

What makes Spring Health unique

  • Spring Health's Precision Mental Healthcare system offers highly personalized mental health support, setting it apart from more generalized solutions.
  • The introduction of Atlas, a recommendation engine for workplace mental health, provides data-driven insights and action plans, enhancing the value proposition for HR and benefits leaders.
  • Their comprehensive approach, including partnerships like the one with Eleanor Health for substance use disorder services, ensures a full spectrum of mental health support.

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Benefits

Retirement benefits

Paid time off

Healthcare benefits

Insurance benefits

Work-life benefits

Mental health benefits