Virta Health is on a mission to transform type 2 diabetes and weight-loss care. Current treatment approaches aren’t working—over half of US adults have either type 2 diabetes or prediabetes, and obesity rates are at an all-time high. Virta is changing this by helping people reverse their metabolic condition through innovations in technology, personalized nutrition, and virtual care delivery reinvented from the ground up. We have raised over $350 million from top-tier investors, and partner with the largest health plans, employers, and government organizations to help their employees and members restore their health and take back their lives. Join us on our mission to reverse diabetes and obesity in one billion people.
This is a hands-on role at the center of Virta’s revenue accounting operations. You’ll build a strong understanding of how billing activity, accounting estimates, receivables, and supporting data flow through the revenue cycle and financial statements. You’ll also have opportunities to strengthen recurring processes, learn our systems, and contribute to automation and process improvements as the business grows.
Responsibilities
Prepare recurring revenue close activities, including journal entries, accruals, reconciliations, supporting schedules, and related documentation; investigate variances and resolve routine reconciling items to maintain accurate financial records
Apply established revenue accounting policies and methodologies to recurring transactions and estimates, researching routine questions and escalating non-standard or judgmental matters as appropriate
Maintain recurring revenue reporting and supporting system data, perform completeness and accuracy checks, and flag data quality or reporting issues for follow-up
Help develop and maintain monthly controls and reconciliations for accounts receivable to ensure completeness and accuracy of accounts receivable balance in NetSuite.
Support recurring accounting estimates, customer-related adjustments, and other revenue calculations using established methodologies and maintain clear supporting documentation
Support quarterly reviews and the annual audit by preparing schedules, reconciliations, and documentation and responding to routine requests
Identify and help implement practical improvements to assigned processes, including opportunities to improve accuracy, timeliness, documentation, automation, or control
Communicate progress, issues, and dependencies proactively; maintain clear process documentation and collaborate effectively with teammates and cross-functional partners
90 Day Plan
Within your first 90 days at Virta, we expect you will do the following:
Take ownership of assigned recurring revenue close activities, including journal entries, accruals, reconciliations, supporting schedules, and related documentation
Develop a clear understanding of Virta’s revenue cycle, accounting policies, systems, reporting, and key dependencies and begin independently performing assigned recurring processes
Build strong working relationships with the Revenue team and key partners, support recurring audit and accounting requests, and identify one practical improvement to an assigned process
Must-Haves
Bachelor’s degree in accounting or finance; 3+ years of relevant accounting experience; CPA or progress toward CPA preferred
Working knowledge of U.S. GAAP and revenue accounting principles, including familiarity with ASC 606, with the ability to apply established policies and procedures to recurring accounting activities
Experience preparing journal entries, accruals, reconciliations, and supporting schedules, with strong attention to detail and the ability to work accurately with large data sets
Strong analytical and problem-solving skills, with the ability to independently manage recurring processes and small-to-medium projects, identify improvements, and flag issues early
Proficient in Microsoft Excel and comfortable learning ERP, revenue, and reporting tools such as NetSuite, Zuora, Looker, or similar; clear communicator with strong organization and documentation skills
Values-driven culture
Virta’s company values drive our culture, so you’ll do well if:
You put people first and take care of yourself, your peers, and our patients equally
You have a strong sense of ownership and take initiative while empowering others to do the same
You prioritize positive impact over busy work
You have no ego and understand that everyone has something to bring to the table regardless of experience
You appreciate transparency and promote trust and empowerment through open access of information
You are evidence-based and prioritize data and science over seniority or dogma
You take risks and rapidly iterate
Is this role not quite what you’re looking for? Join our Talent Community and follow us on Linkedin to stay connected!
Virta has a location based compensation structure. Starting pay will be based on a number of factors and commensurate with qualifications & experience. For this role, the compensation range is $70,500 to $91,000. Information about Virta’s benefits is on our Careers page at: https://www.virtahealth.com/careers .
As part of your duties at Virta, you may come in contact with sensitive patient information that is governed by HIPAA. Throughout your career at Virta, you will be expected to follow Virta’s security and privacy procedures to ensure our patients’ information remains strictly confidential. Security and privacy training will be provided.
As a remote-first company, our team is spread across various locations with office hubs in Denver and San Francisco.
Clinical roles: We currently do not hire in the following states: AK, HI, RI
Corporate roles: We currently do not hire in the following states: AK, DE, HI, ME, MS, OK, SD, VT.
Virta uses Ashby as its applicant tracking system, which incorporates AI-powered tools (provided by OpenAI, AWS, and Google Gemini) in certain aspects of the recruiting process, including application review, candidate screening, and interview note taking; your data is not used to train AI models, and all final hiring decisions are made by Virta Health personnel. For more information, see Virta’s AI Interview Resources page. https://www.virtahealth.com/careers/ai-interview-resources
