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Full-Time

VP – Controller

Updated on 10/23/2024

SimplePractice

SimplePractice

201-500 employees

HIPAA-compliant EHR and practice management software

Enterprise Software
Healthcare

Compensation Overview

$200k - $300kAnnually

+ Bonus + Commission

Expert

Santa Monica, CA, USA

Open to remote candidates on the West Coast.

Category
Financial Accounting
Tax Accounting
Financial Controller
Management Accounting
Accounting
Required Skills
NetSuite
Requirements
  • Bachelor’s degree in accounting, finance, or a related field; CPA or equivalent certification
  • Extensive experience (12+ years) in progressively responsible financial leadership roles, with a focus on accounting
  • Prior Big 4 or public accounting experience preferred
  • Strong technical accounting knowledge of GAAP and other accounting standards
  • Demonstrated experience leading and developing high-performing teams, including building global teams to leverage talent in non-US regions (e.g. India, Latin America)
  • Excellent analytical, strategic thinking, and problem-solving skills
  • Effective communication and interpersonal skills, with the ability to interact at all levels of the organization
  • Experience with NetSuite and advanced proficiency in financial software and tools
  • Ability to operate in a fast-paced team environment, manage competing priorities, and adhere to tight deadlines
  • Experience setting up and supporting international operations
  • Software, SAAS and Payments experience is highly valued
Responsibilities
  • Provide strategic leadership of our accounting, business operations (payroll, procurement), treasury, tax and internal control activities that are aligned to the Company’s long term strategic goals
  • Ensure integrity of accounting and financial reporting, by developing and supporting best-in-class financial systems and processes that drive timely and impactful financial insights; regularly assess the need to thoughtfully scale the systems and financial controls in support of future growth of the organization
  • Continue to instill a performance culture resulting in efficient, timely and effective processes, meaningful process changes or improvements to increase efficiency and effectiveness, as well as meeting the needs of a high growth business
  • Drive timely and accurate monthly, quarterly and annual financial close processes, including consolidation with related parties and all associated activities
  • Own the debt compliance process, including the creation of consolidated financial reporting as required, and management of the company’s cash and treasuries portfolio
  • Stay abreast of relevant technical accounting topics ensuring consistent implementation of corporate accounting principles and procedures in full compliance with US GAAP
  • Work closely with accounting and compliance teams to ensure adherence to internal controls and policies
  • Ensure compliance with all applicable taxes (especially sales tax) and work with external service providers to complete consolidated income tax filings
  • Manage annual audit and act as primary liaison to the external auditors and other external service providers
  • Collaborate with executive leadership and cross-functional peers to develop and execute financial strategies aligned with organizational goals
  • Identify and assess financial risks, implementing strategies to mitigate potential challenges
  • Recruit, develop, and lead a high-performing accounting team

SimplePractice offers HIPAA-compliant electronic health records (EHR) and practice management software for therapists and health professionals, focusing on improving administrative efficiency and patient care. The software operates on a subscription model, providing essential features like scheduling and billing, with optional add-ons such as Telehealth for video appointments and insurance claim processing. What sets SimplePractice apart is its comprehensive suite of tools specifically designed for the needs of health and wellness practitioners. The company's goal is to streamline practice management, allowing clinicians to focus more on their patients.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Santa Monica, California

Founded

2012

Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
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Simplify's Take

What believers are saying

  • The acquisition of Luminello assets could expand SimplePractice's market reach and enhance its service offerings.
  • Partnerships with companies like Lucet to provide behavioral health services to insurers can open new revenue streams and client bases.
  • The company's focus on addressing therapist burnout, as highlighted in their 2023 State of Therapist Well-Being Report, shows a commitment to improving practitioner well-being, which can enhance employee satisfaction and retention.

What critics are saying

  • The departure of key executives, such as the former CIO, could lead to strategic and operational disruptions.
  • The competitive landscape in healthcare technology is intense, with numerous players offering similar EHR and practice management solutions, which could impact market share.

What makes SimplePractice unique

  • SimplePractice's focus on HIPAA-compliant EHR and practice management software specifically tailored for therapists and health and wellness professionals sets it apart from more generalized healthcare solutions.
  • The subscription-based model with a variety of add-ons like Telehealth and Wiley Planners allows for customizable and scalable solutions, unlike competitors with one-size-fits-all offerings.
  • Their recent launch of a measurement-based care solution for patient progress tracking demonstrates a commitment to innovative, data-driven patient care.

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