Compensation Overview

Company Description

Founded by Dr. Jonathan Rothberg in 2011, Butterfly Network is a digital health company with a mission is to democratize medical imaging by making high-quality ultrasound affordable, easy-to-use, globally accessible, and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. Butterfly created the world’s first handheld single-probe, whole-body ultrasound system using semiconductor technology, Butterfly iQ. 

The company has continued to innovate, leveraging the benefits of Moore’s Law, to launch its second generation Butterfly iQ+ in 2020, and third generation iQ3 in 2024 – each with increased processing power and performance enhancements. 

The disruptive technology has been recognized by TIME’s Best Inventions, Fast Company’s World Changing Ideas, CNBC Disruptor 50, and MedTech Breakthrough Awards, among other accolades. With its proprietary Ultrasound-on-Chip™ technology, intelligent software, and educational offerings, Butterfly is paving the way to mass adoption of ultrasound for earlier detection and remote management of health conditions around the world.

Joining Butterfly is the opportunity to redesign the future of healthcare through the power of technology. Embark on a journey with us to maximize global impact, motivated by the idea that our products will change the lives of millions, along with the people you love.

Job Description

The Senior Accountant will report to the Manager, Accounting, and will be responsible for supporting all of Butterfly Network’s day-to-day accounting operations. Key responsibilities include executing the monthly close process, financial reporting, and performing accounting analysis. The successful candidate will help define and document procedures and controls for the accounting team and drive the creation of a scalable accounting platform for the Company. 

As part of our team, your core responsibilities will be: 

• Record journal entries and perform reconciliations related to multiple processes including fixed assets and depreciation, prepaid expenses, accounts payable, cost of goods sold, and intercompany transactions.
• Perform bank reconciliations and record related journal entries

Assist in identifying and explaining period-to-period variances within the Balance Sheet and Income Statement accounts Support an efficient and accurate monthly accounting close process Ensure the financial statements are in compliance with GAAP and company policies and procedures.Assist with documentation and performance of internal controls over the financial reporting and accounting processes. Support the external audit process

Qualifications

Baseline skills/experiences/attributes:

• Bachelor’s Degree in Accounting or Finance
• 2+ years experience in a public accounting firm and/or private industry 
• Understanding of US GAAP 
• CPA or CPA track

Ideally, you also have these skills/experiences/attributes (but it’s ok if you don’t!):

• Working knowledge of NetSuite or other similar ERP systems
• SaaS and/or medical device industry experience 

Location

This is a hybrid position based out of our office in New York, NY.

Benefits and Perks

• Comprehensive health insurance, encompassing dental and vision coverage, is provided to all our employees. As a health-tech company, we prioritize the well-being of our teams. Additionally, employees have the option to buy up for enhanced health insurance coverage. We also contribute to Health Savings Account (HSA) accounts for all enrolled employees on an annual basis.
• Comprehensive Employee Assistance Program - we provide access to tools and resources to support your emotional health and day-to-day needs.
• 401k plan and match - we facilitate your retirement goals.
• Eligible employees will have the opportunity to participate in Employee Stock Purchase Plan (ESPP)
• Unlimited Paid Time Off + 10 Holiday Days a Year - recharge and come back ready to make an impact
• Parental Leave - we want to make sure our employees have plenty of time with their growing families, and additional benefits for primary caregivers to help transition back to work after leave 
• Competitive salaried compensation - we value our employees and show it 
• Equity - we want every employee to be a stakeholder
• The opportunity to build a revolutionary healthcare product and save millions of lives! 

Compensation 

• Our estimated salary for this role is between $80,000 - $90,000 + bonus + equity + benefits. Actual pay is determined by multiple factors such as skills, qualifications, experience and market demand. 

For this role, we are only considering candidates who are legally authorized to work in the United States and who do not now or in the future require sponsorship for employment visa status.

Butterfly Network does not accept agency resumes.

Butterfly Network is an E-Verify Company. 

Butterfly Network is an equal opportunity employer.  Regardless of race, traits associated with race, color, ancestry, religion, gender, national origin, sexual orientation, age, citizenship, marital status, disability or Veteran status. All your information will be kept confidential according to EEO guidelines.

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