Full-Time

Controller

Posted on 8/27/2024

Well

Well

201-500 employees

Personalized health plans with financial incentives

Social Impact
Healthcare

Compensation Overview

$110k - $140kAnnually

+ Bonus Potential

Senior

Carrboro, NC, USA

Category
Financial Accounting
Financial Controller
Accounting
Requirements
  • Bachelor’s degree in Business, Accounting, Finance or related field
  • CPA designation preferred
  • 7+ years of proven experience in a senior accounting role
  • Thorough knowledge of accounting principles and procedures
  • Excellent accounting software user and administration skills
  • Proven analytical skills and attention to detail
  • Excellent written and verbal communication skills
  • Good organizational and leadership abilities
Responsibilities
  • Oversee accounting practices, including accounting department, financial statements, tax and audit functions
  • Support monthly and year-end internal accounting operations, including preparation of accurate and timely financial statements
  • Assist with implementation and maintenance of robust set of financial management/administrative systems and processes
  • Support accounts payable, accounts receivable, payroll and expense management/reimbursement processes
  • Collaborate to provide support on financial planning, budgeting and forecast processes
  • Support year-end audits by preparing required documentation, providing necessary financial reports, and effectively communicating with auditors
  • Work with outside tax consultants to manage and optimize tax preparation and planning (e.g., tax credit eligibility)
  • Ensure compliance with relevant laws, regulations and industry standards, including researching technical accounting issues
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls
  • Identify and mitigate financial risks, such as fraud, errors, and compliance issues

Well.co provides personalized health improvement plans and financial incentives to individuals seeking to enhance their health and wellbeing. The process begins with a questionnaire that assesses each member's health needs and goals, allowing Well.co to create a tailored health plan that includes specific objectives, rewards, and encouragement based on individual behaviors. In addition to these plans, Well.co offers support services such as assistance with medical bills, guidance on healthcare navigation, and help in scheduling appointments with local providers. A distinctive aspect of Well.co is its financial incentives, where members can earn gift cards from popular retailers for achieving their health goals, along with a sign-up bonus and ongoing challenges to maintain engagement. The company generates revenue by providing its services to both individuals and employers, making it an appealing option for companies focused on employee wellbeing.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$201.3M

Headquarters

Chapel Hill, North Carolina

Founded

2019

Growth & Insights
Headcount

6 month growth

4%

1 year growth

29%

2 year growth

95%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for remote health services aligns with Well's business model post-COVID-19.
  • Recent $70M Series B funding indicates strong investor confidence in Well's approach.
  • Focus on mental health enhances Well's appeal to employers supporting employee wellbeing.

What critics are saying

  • Increased competition from new healthcare AI startups with similar reward systems.
  • Potential challenges in maintaining user engagement as financial incentives may lose novelty.
  • Rapid expansion post-funding could lead to operational challenges if not managed well.

What makes Well unique

  • Well offers personalized health plans with financial incentives for achieving health goals.
  • The company's AI-driven health engine analyzes individual health triggers for tailored solutions.
  • Well provides comprehensive support services, including healthcare navigation and insurance guidance.

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Benefits

Hybrid work policy

PTO

Volunteer time off

Free coffee & snacks

Parental leave

Health, dental, & vision insurance

HSA & FSA

401k

Learning time off

INACTIVE