Apply on Employer Site

Twin Health · 4 months ago

Manager of Technical Accounting and Reporting

New York, NY

Full-time

Onsite

Senior Level

$145K/yr - $160K/yr

6+ years exp

Twin Health is a company focused on improving and preventing chronic metabolic diseases through AI Digital Twin technology. They are seeking a dynamic and experienced Manager of Technical Accounting and Reporting to lead technical accounting initiatives, ensure compliance with U.S. GAAP, and prepare financial reporting for stakeholders.

Artificial Intelligence (AI)Health CareInternet of ThingsMachine LearningNutritionSoftware

No H1B

Responsibilities

Lead the accounting of accounting standards specific to healthcare and technology companies, including Revenue Recognition, Stock Based Compensation, Internally Developed Software, Equity, and Leases

Provide accounting guidance for complex arrangements, such as collaborations with healthcare providers, payers, and strategic partners

Develop technical accounting memos and white papers for significant transactions, such as new product offerings, licensing agreements, financing transactions, and equity-based compensation

Collaborate with legal, compliance, and operations teams to assess the accounting and financial implications of regulatory requirements (e.g., HIPAA compliance)

Develop, implement, and maintain the company’s accounting policies

Partner with the sales and operations teams to evaluate customer contracts and ensure proper revenue recognition under ASC 606

Analyze healthcare-specific revenue streams, such as subscription-based models, bundled payments, and value-based care arrangements

Maintain documentation and processes for tracking and allocating revenue related to Twin’s digital health services and hardware offerings

Build and maintain revenue recognition models and workpapers to streamline and operationalize monthly revenue recognition compliant with ASC 606

Prepare quarterly and annual financial statements, ensuring they accurately reflect the company’s performance and comply with U.S. GAAP and SEC reporting requirements

Manage XBRL tagging for SEC filings

Assist with month-end and quarter-end close processes, with a focus on complex and judgmental accounting areas

Ensure timely reporting of metrics and financial data for healthcare partnerships and payer agreements

Manage reporting obligations for key stakeholders, including investors, board members, and strategic healthcare partners

Coordinate with external auditors to facilitate smooth audits and ensure compliance with applicable regulations

Assist with preparing Audit Committee materials

Develop and maintain strong internal controls over financial reporting, particularly those related to healthcare operations and technology platforms

Identify and mitigate risks related to Twin’s growth in regulated healthcare markets and international expansions

Partner with the data and analytics teams to integrate key operational metrics into financial reporting, such as patient outcomes, cost savings, and program adherence rates

Support the FP&A team in developing financial models that account for healthcare cost structures, payer reimbursements, and scalability of Twin’s offerings

Collaborate with product and operations teams to evaluate the financial impact of enhancements to Twin’s precision health technology and service delivery

Assist in the financial evaluation of strategic initiatives, such as expanding into new payer networks, entering additional healthcare markets, or launching new product lines

Support the preparation of materials for investor presentations, fundraising efforts, and discussions with healthcare partners

Additional duties as assigned

Qualification

U.S. GAAPSEC reportingTechnical accountingNetSuiteHealthcare experienceProject managementCommunication skillsInterpersonal skillsCross-functional collaboration

Required

Bachelor's degree in Accounting, Finance, or related field (CPA strongly preferred)

6+ years of experience in public accounting (Big 4 experience highly desirable) or a combination of public accounting and corporate technical accounting roles

In-depth knowledge of U.S. GAAP, SEC reporting requirements, and technical accounting standards

Strong project management skills, with the ability to manage multiple priorities and deadlines in a fast-paced environment

Excellent communication and interpersonal skills, with a proven ability to collaborate with cross-functional teams

Experience with NetSuite and Microsoft office products

This remote opportunity is available to US based persons. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time

Preferred

Experience in healthcare or technology industries is a plus but not required

Benefits

A competitive compensation package in line with leading technology companies

Opportunity for equity participation

Unlimited vacation with manager approval

16 weeks of 100% paid parental leave for delivering parents; 8 weeks of 100% paid parental leave for non-delivering parents

100% Employer sponsored healthcare, dental, and vision for you, and 80% coverage for your family; Health Savings Account and Flexible Spending Account options

401k retirement savings plan