Full-Time

Director of Strategic Finance

Confirmed live in the last 24 hours

Virta Health

Virta Health

501-1,000 employees

Reverses type 2 diabetes through personalized care

Biotechnology
Healthcare

Compensation Overview

$195k - $240kAnnually

Senior, Expert

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
NetSuite
Financial analysis
Data Analysis
Requirements
  • 10+ years of finance experience, including experience at a leading technology or healthcare company. Experience at a publicly traded company is a plus.
  • Deep financial planning and modeling experience – ability to analyze financial data, create financial models, generate financial forecasts and play an important role in driving key business initiatives.
  • You are fluent and interested in accounting as well as financial planning and analysis, and comfortable working in systems.
  • Excellent verbal and written communication skills. Able to package and present complex analysis and recommendations clearly. Experience in presenting Board level analyses.
  • Mastery of Excel and Google Office Suite; experience with NetSuite and planning tools such as Pigment, Anaplan, or Adaptive Insights are a plus.
  • Undergraduate degree in finance, economics or a quantitative discipline.
Responsibilities
  • Prepare detailed budgets and forecasts, working closely with internal stakeholders to set targets and goals
  • Be an expert in Finance on all Tech & Ops and Provider spend, setting annual budgets, creating detailed and accurate monthly reporting and maintaining a rolling forecast to make sure leadership has clear visibility into resource deployment
  • Partner deeply with your cross-functional counterparts to continually understand their current roadmap and ensure that they are adequately resourced to execute that plan, supporting their freedom to make tradeoffs in spend allocations to maximize outcomes.
  • Evaluate the unit-economics of new products & features and their impact to the overall company financials in order to inform operational strategy
  • Dive deep into our operations and understand drivers of costs to both accurately forecast future trends and identify opportunities for optimization

Virta Health focuses on reversing type 2 diabetes through a combination of personalized nutrition, continuous remote care, and behavioral science. Their treatment is designed for individuals diagnosed with type 2 diabetes, healthcare providers, and enterprise partners like employers and health plans. Unlike many competitors, Virta Health operates on a performance-based model, meaning they only receive payment if they achieve successful outcomes for their patients. This aligns their financial incentives with patient health improvements. The company's goal is to reverse type 2 diabetes in 100 million people, making their approach not just about managing diabetes but actively working towards its reversal.

Company Stage

Series E

Total Funding

$362.8M

Headquarters

Denver, Colorado

Founded

2014

Growth & Insights
Headcount

6 month growth

10%

1 year growth

23%

2 year growth

28%
Simplify Jobs

Simplify's Take

What believers are saying

  • Virta Health's recent peer-reviewed study demonstrates sustained weight loss after discontinuation of GLP-1s, highlighting the effectiveness of their approach.
  • Partnerships with major health plans and employers, such as U-Haul and Blue Shield of California, validate Virta's value-based payment model and clinical results.
  • The company's rapid growth and successful funding rounds, including a $45 million Series B, indicate strong market confidence and potential for expansion.

What critics are saying

  • The reliance on performance-based contracts means that Virta's revenue is directly tied to patient outcomes, which can be unpredictable.
  • The competitive landscape in digital health and diabetes management is intense, with numerous players vying for market share.

What makes Virta Health unique

  • Virta Health's performance-based model, where they only get paid if they achieve successful outcomes, sets them apart from traditional healthcare providers.
  • Their focus on reversing type 2 diabetes, rather than just managing it, offers a unique value proposition in the healthcare market.
  • The combination of personalized nutrition, continuous remote care, and behavioral science creates a comprehensive and sustainable treatment approach.

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

Benefits

Remote-first work environment

Flexible work hours & time off policy

Health insurance

Paid parental leave

Free Virta treatment & family discount

Internet, home office, learning & development stipends

Employee resource groups

401K & ROTH contribution