Job Details

This position functions as a key member of the CoverMyMeds Business Unit Accounting function providing the technical accounting support to the business unit. This individual is responsible for (i) advising Sales, Legal and the Business regarding the structuring of customer, vendor or partnership arrangements during the contract negotiation process, (ii) communicating complex accounting/finance topics to stakeholders effectively; (iii) providing guidance and education to the relevant stakeholders on accounting policies and processes; (iv) collaborate among different teams and developing partnerships with the Business Unit, Finance, Legal and Sales to drive value-add results and processes; and (v) researching accounting issues, successfully concluding and communicating the impact to relevant stakeholders.

Position Description

1. Contract Consultation

This position is expected to provide timely, relevant and accurate accounting guidance regarding the structuring of technology contractual arrangements.

• Be proficient in US GAAP, internal policies, and other applicable accounting standards primarily related to technology arrangements (e.g., software, services, hardware, SAAS, outsourcing, remote hosting, etc.) and understand how these standards are applied in complex business arrangements.
• Understand the desired business and financial objectives related to each contractual arrangement and advise Legal, Sales, Business Units and Financial Management on how to structure the arrangement to achieve such desired objectives.
• Develop reporting for Business Unit contractual arrangements and incorporate all relevant metrics and drivers that are meaningful to the targeted users.
• Communicate accounting results or other relevant topics verbally, in writing and in presentations to stakeholders.
• Ensure the accounting treatment for all Business Unit arrangements executed within a period are concluded on accurately and communicated to the appropriate internal groups within the appropriate close timeline.
• Manage and participate in process improvement initiatives related to the contract consultation processes.

2. Communication

This position is expected to have proficient communication skills and responsible for communicating existing accounting standards, the adoption of new accounting standards, policies, procedures, processes, etc.

• Prepare and effectively deliver concise and meaningful presentations, memos and email communications.
• Have the ability to translate difficult accounting concepts to non-accountants in a manner that can be clearly understood.

3. Collaboration and Partnerships

This position will require creating effective working relationships with the Business Unit, Finance, Legal and Sales teams.

• Proactively engage with stakeholders to understand the nature of transactions and requirements.
• Obtain an understanding of the business and financial needs of the Business Unit.
• Able to think “outside the box” to solve accounting and other financial issues.

• Proactively assist the stakeholders by proposing, gaining acceptance and implementing thoughts, concepts, methodologies, processes, financial evaluation tools and other value-add deliverables.
• Work collaboratively with the Business Unit’s finance and accounting team, corporate and other business units’ accounting team.

4. Special Projects and Deliverables

This position is expected to possess the skills and initiative to carry out special projects of varying nature and complexity with limited to moderate supervision by clarifying objectives and assumptions or making appropriate judgments where necessary.

• Manage ad-hoc projects with can-do attitude

• Excellent time management to execute on multiple deliverables concurrently

Qualifications

Minimum Requirements
6+ years accounting experience including 2+ years managerial experience

Critical Skills
• Ability to research accounting issues and successfully conclude

• Ability to effectively communicate verbally and in writing to various audiences

• Ability to drive special projects, collaborate and partner with various teams

• Ability to manage multiple deliverables concurrently

Additional Knowledge & Skills

• Public accounting firm experience preferred

• Technology accounting experience strongly preferred (e.g., experience with software and related technology accounting literature)

• SEC financial reporting experience preferred

• Accounting policy including new accounting standard adoption experience preferred

Education
BS in Accounting or Finance

Certifications/Licensure
CPA required

At CoverMyMeds, we care about the well-being of the patients and communities we serve, and that starts with caring for our people. That’s why we have a Total Rewards package that includes comprehensive benefits to supportphysical, mental, and financial well-being. Our Total Rewards offerings serve the different needs of our diverse employee population and ensure they are the healthiest versions of themselves. For more information regarding benefits at CoverMyMeds, pleaseclick here.

As part of Total Rewards, we are proud to offer a competitive compensation package at CoverMyMeds. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered.

Our Base Pay Range for this position

CoverMyMeds is an equal opportunity and affirmative action employer. We embrace diversity and are committed to creating an inclusive environment for all employees. Qualified applicants will be considered for employment without regard to race, religion, gender, gender identity, sexual orientation, national origin, age, disability or veteran status.​