Full-Time

Accounting Manager

Confirmed live in the last 24 hours

Candid Health

Candid Health

51-200 employees

Automated revenue cycle management platform for healthcare

No salary listed

Mid, Senior

San Francisco, CA, USA + 2 more

More locations: New York, NY, USA | Denver, CO, USA

Category
Financial Accounting
Tax Accounting
Financial Analysis
Accounting
Required Skills
NetSuite
Quickbooks
Requirements
  • 4+ years of Accounting experience, preferably in startup or high-growth environments, HealthTech experience is a plus
  • Bachelors, Masters or equivalent in accounting or related field; Certified Public Accountant (CPA) preferred
  • Proficient in accounting and finance tools (e.g., NetSuite, QuickBooks, Brex, Rippling, Bill.com, etc.) with a willingness to adapt to new systems
  • Detailed understanding of GAAP accounting and strong technical accounting skills
  • Proven track record of executing month-end close, financial reporting, audits, and tax compliance activities
  • Excellent written and verbal communication skills and can collaborate with technical teams, executives and business partners of varying scope and dimension
Responsibilities
  • Establish Candid Health’s internal accounting function; bringing ownership of critical processes in-house
  • Lead month-end and year-end closing to ensure the timely and precise preparation of financial statements
  • Implement best in class accounting processes and improve efficiency of our financial workflows, including standardizing reporting
  • Ensure timely tax submissions and compliance with all regulatory requirements
  • Collaborate closely with external auditors, tax advisors, and regulatory agencies to maintain full compliance with financial and legal requirements
  • Oversee day-to-day operations related to accounts payable, accounts receivable, and general ledger functions to enhance accuracy and operational efficiency
  • Maintain operational ownership of business functions such as payroll, reporting, and forecasting - both individually and in collaboration with Finance
  • Create and maintain documentation for accounting processes and procedures to ensure consistency and scalability
Desired Qualifications
  • HealthTech experience is a plus

Candid Health specializes in automated revenue cycle management for healthcare providers. Its platform identifies and resolves issues that can hinder revenue cycles, helping to improve insurance collections. The service is designed for healthcare providers seeking efficient billing solutions and operates on a subscription model, allowing clients to access the platform for a fee. This platform can easily integrate with various healthcare systems, whether custom-built or commercial. Candid Health's primary goal is to save healthcare providers time and enhance their revenue collection rates through effective automation and integration.

Company Size

51-200

Company Stage

Series C

Total Funding

$97.7M

Headquarters

San Francisco, California

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Raised $52.5M in Series C to enhance GenAI features and expand platform.
  • Experienced nearly 250% revenue growth YoY in 2024, indicating strong market demand.
  • Increased adoption of AI in healthcare billing expected to grow by 40% in five years.

What critics are saying

  • Emerging startups with similar solutions could erode Candid Health's market share.
  • Integration challenges with legacy systems may slow platform adoption.
  • Regulatory scrutiny on AI in healthcare could increase compliance costs.

What makes Candid Health unique

  • Candid Health automates revenue cycle management using AI and machine learning.
  • The platform offers seamless API integration with existing healthcare infrastructures.
  • Candid Health provides end-to-end automation, optimizing financial operations for providers.

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Benefits

Remote Work Options

Company Equity

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

20%

2 year growth

20%
Oak HC/FT
Feb 12th, 2025
Candid Health Raises $52.5 Million Series C to Enhance GenAI Features, Expand Revenue Cycle Automation Platform to More Providers

Candid Health, the autonomous revenue cycle automation platform for healthcare providers, today announced it has raised $52.5 million in Series C funding led by Oak HC/FT with participation from existing investors.

PharmiWeb
Feb 12th, 2025
Candid Health Raises $52.5M Series C

Candid Health raised $52.5 million in Series C funding led by Oak HC/FT, bringing total funding to $99.5 million. The company aims to enhance GenAI features and expand its revenue cycle automation platform to more healthcare providers. Candid's platform improves touchless claim rates and payor net collection rates, driving industry-leading results. The company experienced nearly 250% revenue growth YoY in 2024 and plans to expand customer relationships with multi-site provider groups nationally.

PharmiWeb
Sep 11th, 2024
Candid Health Announces $29 Million Series B Led by 8VC to Transform Revenue Cycle Automation

Candid Health announces $29 million Series B led by 8VC to transform revenue cycle automation.

Accesswire
Sep 11th, 2024
Candid Health Announces $29 Million Series B Led by 8VC to Transform Revenue Cycle Automation

SAN FRANCISCO, CA / ACCESSWIRE / September 11, 2024 / Candid Health, the revenue cycle automation platform for healthcare providers, today announced a $29 million Series B led by 8VC with participation from existing investors First Round Capital, BoxGroup, and Y Combinator. This brings the company's total amount raised to $47 million.