Staff Accountant

Posted:
10/4/2024, 3:22:28 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Accounting

Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.

Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.

The Role 

U.S. healthcare is frustrating and deeply flawed. Cedar’s mission is to drive better outcomes for everyone involved, including providers, insurance companies and the people they serve. At a time when consumer-friendly healthcare experiences are more critical than ever, our platform is uniquely equipped to solve problems that lead to billing issues and administrative waste. At Cedar, know that your work will have a meaningful impact on people’s lives. 

We are seeking a Staff Accountant to join our growing Finance team! This individual will assist the Assistant Controller with month-end closing and the annual audit. They will also support the accounts receivable function and be a major contributor to various projects. We are also looking for someone that works well cross functionally with other departments and stakeholders both inside and outside the organization. 

Our ideal candidate is detail-oriented and organized, and will thus have the opportunity to own many processes across the Finance team. 

Responsibilities

  • Record cash receipts, prepare bank reconciliations
  • Maintain and update rollforward schedules
  • Prepare journal entries, reconcile accounts, and support schedules for monthly closing of the books
  • Manage designated client accounts with the proper invoicing within standard policies reflective of company and client requirements, while assuring timely and accurate collections
  • Assist with ongoing and new projects including implementations

Requirements

  • Bachelor’s Degree in Accounting, Finance or related field
  • 1-2 years of Accounting, Audit or Tax experience
  • Proficiency in all Microsoft Office applications; Excel is required (pivot tables, v-look ups, etc.)
  • Big 4 accounting experience is a plus but not required
  • Strong ability to multitask competing priorities
  • Knowledge of NetSuite ERP, FloQast and Ramp systems is a plus
  • Must be a proactive & highly organized self-starter with excellent communication / collaboration skills

Compensation Range And Benefits

  • Salary/Hourly Rate Range*: $76,500 - $90,000
  • This role offers a competitive benefits and wellness package

*Subject to experience and education

#LI-REMOTE

What do we offer to the ideal candidate?

  • A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
  • Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
  • For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of PTO per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
  • 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
  • Diversity initiatives that encourage Cedarians to bring their whole selves to work, including the Cedarian Advisory Group (a cross-functional cohort focused on increasing internal inclusiveness at Cedar) and three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians) 
  • Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date (or on your start date if your start date coincides with the first of the month)
  • Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
  • Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources to help you grow both professionally and personally

About us

Cedar was co-founded by Florian Otto and Arel Lidow in 2016 after a negative medical billing experience inspired them to help improve our healthcare system. With a commitment to solving billing and patient experience issues, Cedar has become a leading healthcare technology company fueled by remarkable growth. Over the past several years, we’ve raised more than $350 million in funding from investors such as Andreessen Horowitz and Tiger Global, bringing Cedar’s valuation to $3.2 billion.

As of December 2023, Cedar is engaging with 25 million patients on an annualized basis, and is on target to process $2.6 billion in patient payments annually. Cedar’s ambition is to serve 50-60 million Americans by 2025, about half of the U.S. population that makes medical payments annually. Cedar partners with more than 55 leading healthcare providers and payers including Highmark Inc., Allegheny Health Network, Novant Health, Allina Health and Providence.