Simplify Logo

Full-Time

Payroll/GL Accountant

Posted on 6/29/2024

Arine

Arine

51-200 employees

Optimizes medication management for patients

Data & Analytics
Healthcare

Compensation Overview

$80k - $90kAnnually

Mid, Senior

San Francisco, CA, USA

For candidates local to the San Francisco Bay Area, the ability to commute to our office on Market Street in San Francisco at least 2-3 days/week

Category
Financial Accounting
Payroll Accounting
Accounting
Required Skills
NetSuite
Requirements
  • Bachelor’s degree in Finance, Accounting or a related field
  • Minimum of 3+ years of experience in Payroll and Accounting, preferably in the healthcare technology or SaaS industry
  • Experience with ADP and NetSuite strongly preferred
  • Strong knowledge of federal, state, and local wage and tax laws
  • Solid understanding of US GAAP
  • Strong attention to detail, accuracy, and the ability to meet deadlines
  • Ability to work independently and collaboratively in a fast-paced, entrepreneurial environment
  • Ability to pass a background check
  • Must live in and be eligible to work in the United States
Responsibilities
  • Process semi-monthly multi-state US payroll for hourly and salary employees
  • Prepare payroll accounting journal entries and record in the general ledger system (NetSuite)
  • Review and audit employee voluntary deductions including medical benefits, FSA, and 401k contributions
  • Work with Human Resources to resolve any discrepancies in a timely manner
  • Ensure compliance with multiple federal, state, and local payroll, wage and hour laws and best practices
  • Reconcile payroll, tax filing and benefits, identify discrepancies, and implement corrective actions
  • Audit, preview, and post payroll reports for accuracy
  • Assist with year-end payroll processing duties to ensure accurate and timely filing of W2's and 1099s
  • Process monthly invoices to customers
  • Process accounts payable (Tipalti), credit card transactions (Ramp), and expense reports (Expensify)
  • Assist with the recording, maintenance and accounting of the company’s fixed assets and prepaid expense schedules
  • Support monthly, quarterly, and year-end financial statements, including journal entries, balance-sheet account reconciliations, including bank accounts and accruals
  • Assist in supporting annual U.S. GAAP audits from third-party auditors
  • Ad hoc reporting

Arine focuses on improving medication management to enhance patient outcomes and lower healthcare costs, particularly for older adults and those with complex health needs. The platform uses data-driven analytics to provide personalized medication therapy management, ensuring that medications are tailored to each patient's health profile. Unlike many competitors, Arine partners directly with healthcare providers, insurance companies, and health plans to help them improve care quality metrics, such as patient satisfaction ratings. The company operates on a subscription model, offering tools for comprehensive medication management and optimization. Arine's goal is to ensure patients receive the right medications at the right doses, ultimately improving health outcomes and making healthcare systems more efficient.

Company Stage

Series B

Total Funding

$54.6M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

13%

1 year growth

13%

2 year growth

13%
Simplify Jobs

Simplify's Take

What believers are saying

  • Arine's recent $29 million Series B funding round indicates strong investor confidence and provides resources for further growth and innovation.
  • Partnerships with organizations like Priority Health and Biologics demonstrate Arine's ability to collaborate effectively and enhance clinical care through optimized medication management.
  • The company's focus on high-risk patients and complex medication regimens positions it as a critical player in reducing healthcare costs and improving patient outcomes.

What critics are saying

  • The healthcare technology sector is highly competitive, requiring Arine to continuously innovate to maintain its market position.
  • Reliance on partnerships with healthcare providers and insurers means that any changes in these relationships could impact Arine's revenue and growth.

What makes Arine unique

  • Arine leverages data-driven, predictive analytics to provide personalized medication therapy management, setting it apart from traditional medication management approaches.
  • The company's focus on improving CAHPS and Star ratings for healthcare providers and insurers highlights its unique value proposition in enhancing patient satisfaction and care quality.
  • Arine's subscription-based model ensures a steady revenue stream while providing continuous value to healthcare organizations through its comprehensive suite of tools.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE