Full-Time

Controller

Posted on 8/15/2024

Two Chairs

Two Chairs

501-1,000 employees

Personalized mental health therapy services

Healthcare

Compensation Overview

$195.5k - $264.5kAnnually

Senior

Remote in USA

Category
Financial Accounting
Tax Accounting
Financial Controller
Accounting
Requirements
  • Bachelor's degree in Accounting, Finance, or a related field.
  • CPA certification is preferred.
  • Proven experience (8+ years) at a large public accounting firm and/or in accounting or finance roles at high-growth companies; experience in healthcare or health tech is required.
  • Deep knowledge of generally accepted accounting principles (GAAP) and financial reporting standards.
  • Strong understanding of multi-entity consolidations and willingness to learn the complexities of compliance with a broad geographic footprint.
  • Desire and aptitude to build and manage teams, systems, and processes in a high-growth, rapidly evolving environment; comfort with ambiguity and the ability to work autonomously to create structure and drive outcomes.
  • Proven track record of improving existing systems and processes plus identifying and implementing the needed upgrades to existing infrastructure.
  • Excellent analytical skills and attention to detail, with the ability to interpret financial data and provide valuable insights.
  • Experience as a player/coach, comfortable digging in and being hands-on when necessary while simultaneously mentoring, developing, and supporting a team.
  • Strong written and verbal communication skills; can partner with all functions and levels, and can synthesize efficiently to convey key points.
Responsibilities
  • Lead the company’s monthly financial close process, with an eye toward improving accuracy and efficiency.
  • Prepare financial statements and reporting packages for company leadership, board of directors, investors, and other stakeholders.
  • Collaborate with internal and external partners to prepare variance analysis and develop insights to inform strategic and operational decisions.
  • Oversee accounts payable, vendor relationships and contracts, accounts receivable (in partnership with RCM team), general ledger, and other core FinOps functions.
  • Develop and Implement relevant processes and procedures to improve company efficiency and improve timeliness and accuracy of financial data.
  • Manage all accounting-related aspects of our multi-state expansion, including the calculation, booking, and execution of monthly intercompany receivables.
  • Build and improve upon the company’s finance and accounting tech stack to support continued rapid growth and maturity.
  • Strengthen internal controls through the drafting and documentation of accounting and FinOps policies to support the integrity of financial statements and operations.
  • Oversee treasury strategy and operations, including banking relationships, cash management, and liquidity.
  • Develop and maintain a reliable cash forecast and manage ongoing cash reporting processes.
  • Direct company tax strategy, filings, and returns.
  • Build and manage a high-performing accounting function.
  • Prepare Two Chairs for annual financial audit and oversee audit process.
  • Set accounting strategy and approach to serve the broader company mission and goals.
  • Collaborate with other members of the finance team, company leadership, and cross-functional partners on critical business challenges.

Two Chairs provides personalized mental health care through well-designed therapy clinics in the San Francisco Bay Area and Los Angeles. Clients, whether new to therapy or experienced, begin with an initial consultation to be matched with a therapist who aligns with their needs and goals. This tailored matching process enhances the effectiveness of the therapy. Two Chairs also offers teletherapy, ensuring accessibility for clients unable to visit in person. The company operates by charging for therapy sessions, which can be covered by insurance, and handles insurance claims to simplify the process for clients. The goal of Two Chairs is to create a smooth and impactful therapy experience that is both accessible and affordable.

Company Stage

Debt Financing

Total Funding

$75.9M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

9%

1 year growth

30%

2 year growth

117%
Simplify Jobs

Simplify's Take

What believers are saying

  • Two Chairs raised $72 million in Series C funding to expand its therapist network.
  • Expansion into Miami, Florida, offers access to a broader client base.
  • Growing demand for personalized mental health care aligns with Two Chairs' services.

What critics are saying

  • Expansion into Miami may pose operational challenges and increased costs.
  • Pressure to rapidly scale could lead to quality control issues.
  • Competition from Healthie's enhanced virtual-first platform could challenge Two Chairs' market position.

What makes Two Chairs unique

  • Two Chairs offers a unique therapist-client matching process for personalized care.
  • The company provides therapy in beautifully designed clinics enhancing the therapeutic experience.
  • Two Chairs supports teletherapy, making mental health care accessible remotely.

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