Job Description
Thyme Care is a value-based oncology management platform that provides personalized, clinically coordinated care to individuals with cancer. Thyme Care pairs human guidance with software and analytics to engage members with a cancer diagnosis , quickly connect them to the right care, and provide ongoing support through targeted, evidence-based interventions. The company’s unique approach establishes deep provider relationships and integrates with a health plan’s existing infrastructure, coordinating value-driven care that leads to better outcomes, lower costs and an improved member experience. Backed with venture funding from Andreessen Horowitz (a16z), Alley Corp, Frist Cressey Ventures, Casdin Capital and Bessemer, Thyme Care partners with health insurance plans and providers to extend the reach of high-quality cancer care through flexible value-based payment arrangements, including risk-based programs.
YOUR ROLE
As Thyme Care’s Controller, you will be our first accounting hire. This means it is important you bring experience building an accounting function in a high-growth environment and/or a managed care organization with you. You will be responsible for leading all accounting functions with a focus on building processes and systems that are scalable to keep pace with our growth. You will have the opportunity to be an early leader who oversees all accounting operations, revenue recognition / reserves policies, AP, AR, and expense systems. You will closely partner with the Finance team to ensure timely preparation of monthly, quarterly and annual financial statements. This is a unique opportunity to join a high-growth, early stage company and be a thought leader in setting up its value-based care financial infrastructure.
After the first three months you will have:
- Familiarized yourself with Thyme Care’s existing data, software, reporting hierarchies, and customer contract structures.
- Assumed ownership of accounting and record-keeping operations including collaborating with our external accounting vendor to prepare monthly financial statements and ensure accurate / timely monthly close package reporting.
- Investigated accounting policies (i.e. revenue recognition, revenue reserves, IBNR accruals, etc.) to most accurately report at-risk / value-based customer contracts.
After the first six months you will have:
- Worked cross-functionally with data science / actuarial services to develop standardized processes to ensure accurate accounting for at-risk business models.
- Designed and implemented new A/R and A/P processes and policies that are built for scale.
- Identified opportunities for process improvements, enhanced / developed reporting tools, and considered supporting systems that could help scale accounting function.
- Lead and coordinate all future audit needs and partner with our banking partner on cash management.
- Direct and coordinate accounting policies, procedures, and maintain appropriate internal control safeguards to ensure compliance with all regulatory requirements with an eye on adhering to GAAP standards.
- Developed a plan for building an in-house accounting function.
WHAT LEADS TO SUCCESS
- People-first. Thyme Care’s mission and members matter to you, deeply.
- Experience. 7+ years of experience as an accountant, preferably at Big Four, value-based healthcare company, insurance company, or a startup. Experience with value-based / at-risk healthcare contracts, ASC 944 / 606, and designing new accounting processes are pluses.
- Comfort with pace and ambiguity. You understand that rapid changes to the business, strategy, organization, and priorities is par for the course. You have flexibility to embrace change and build structure in such fluid work environments.
- Biased to action. You’re a self-starter and don’t need anyone to tell you when to do something.
- Collaboration. Ability to effectively communicate cross-functionally to ensure accounting estimates are accurate and support adherence to accounting policies.
- Attention to detail. You have a strong sense of pride and accountability for your work.
We are committed to promoting the health and well-being of all individuals. As a provider of cancer care navigation, we recognize that those with cancer constitute a vulnerable population at risk of contracting COVID-19. As such, Thyme Care has adopted a mandatory COVID-19 vaccination policy, requiring all employees to receive a COVID-19 vaccination as a condition of employment, subject only to conflicting laws and approved exemptions based on medical or religious objections.
Additionally, we believe employees should be paid fairly compared to their peers inside the company and in the market. We also believe that your personal needs and preferences should be taken into consideration so we allow some choice between equity and cash.
We recognize a history of inequality in healthcare. We’re here to challenge the status quo and create a culture of inclusion through the care we give and the company we build. We embrace and celebrate a diversity of perspectives in reflection of our members and the members we serve. We are an equal opportunity employer.
Date Posted
10/06/2022
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