Director of Financial Reporting & Technical Accounting

Job Description

Job Description

Our mission : to eliminate every barrier to mental health.

At Spring Health, we're on a mission to revolutionize mental healthcare by removing every barrier that prevents people from getting the help they need, when they need it.

Our clinically validated technology, Precision Mental Healthcare , empowers us to deliver the right care at the right time whether it's therapy, coaching, medication, or beyond tailored to each individual's needs.

We proudly partner with over 450 companies, from startups to multinational Fortune 500 corporations, as a leading provider of mental health service, providing care for 10 million people.

Our clients include brands you use and know like Microsoft, Target, J.P. Morgan Chase, and Delta Airlines, all of whom trust us to deliver best-in-class outcomes for their employees globally.

With our innovative platform, we've been able to generate a net positive ROI for employers and we are the only company in our category to earn external validation of net savings for customers.

We have raised capital from prominent investors including Generation Investment, Kinnevik, Tiger Global, William K Warren Foundation, Northzone, RRE Ventures, and many more.

Thanks to their partnership and our latest Series E Funding, our current valuation has reached $3.3 billion. We're just getting started join us on our journey to make mental healthcare accessible to everyone, everywhere.

The Director of Financial Reporting will play a critical role in ensuring the accuracy, completeness, and timeliness of all financial reporting activities.

Reporting directly to the Controller, this role requires a deep understanding of accounting principles, a keen eye for detail, and the ability to work collaboratively across the organization.

Additionally, the Director of Financial Reporting will be responsible for overseeing technical accounting matters, ensuring compliance with evolving standards, and providing expertise on complex accounting issues.

What you'll be doing :

• Oversee the preparation and review of financial statements in accordance with GAAP and healthcare industry standards.
• Collaborate with the Controller to manage the consolidation of financial results from various business units within Spring Health.
• Lead the research, interpretation, and implementation of new accounting standards and regulations, providing technical accounting guidance to the finance team and other stakeholders.
• Provide technical accounting support for complex transactions, including mergers and acquisitions, new products, revenue recognition, and equity compensation.
• Collaborate with sales teams to review new contract terms and ensure appropriate technical accounting treatment
• Develop and implement financial reporting and technical accounting policies, procedures, and best practices to improve the efficiency and accuracy of the financial reporting process.

What success looks like in this role :

• Monitor and communicate changes in accounting standards and regulations, particularly those impacting the healthcare sector.
• Provide guidance and support to the finance team, ensuring accurate and consistent financial reporting and technical accounting across the organization.
• Coordinate and prepare audit schedules, working closely with external auditors to ensure smooth and efficient audits.
• Assist in the preparation of financial reports and presentations for senior management and external stakeholders.

What we expect from you :

• Bachelor's degree in Accounting, Finance, or a related field; CPA or equivalent certification required
• Minimum of 7-10 years of experience, with at least 3-5 years in financial reporting and technical accounting at a public company
• Strong knowledge of GAAP, financial reporting standards, and regulatory requirements specific to healthcare
• Extensive experience with technical accounting, including researching and applying accounting standards for complex transactions
• Working knowledge of Google Office Suite (Google Docs, Sheets, Slides, Forms, etc.)
• Excellent analytical, organizational, and problem-solving skills, with a high level of attention to detail
• Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior leadership

The target base salary range for this position is $153,750- $205,000, and is part of a competitive total rewards package including stock options and benefits.

Individual pay may vary from the target range and is determined by a number of factors including experience, location, internal pay equity, and other relevant business considerations.

We review all employee pay and compensation programs annually using Radford Global Compensation Database at minimum to ensure competitive and fair pay.

Benefits provided by Spring Health :

Note : We have even more benefits than listed here and below, your recruiter will provide more in-depth information as you continue in the interview process.

All benefits are subject to individual plan requirements and eligibility criteria.

Health, Dental, Vision benefits start on your first day at Spring Health. You and your dependents also receive an individual One Medical account which is valued at $199 / year per user.

HSA and FSA plans are also available.

• Employer sponsored 401(k) match of up to 2%
• A yearly allotment of no cost visits to the Spring Health network of therapists, coaches, and medication management providers for you and your dependents.
• Generous paid time off, 10 sick days, 12 paid holidays throughout the year, and a 1 month sabbatical leave granted at your 4 year anniversary
• We offer parental leave up to 18 weeks, depending on your eligibility including tenure and medical situation.
• Access to fertility care support through Carrot , in addition to $4,000 reimbursement for related fertility expenses.
• Access to Wellhub , an on-demand virtual benefit that provides wellbeing coaching, and budget management.
• Up to $1,000 Professional Development Reimbursement a year.
• $200 per year donation matching to support your favorite causes.

Don't meet every requirement? Studies have shown that women, communities of color and historically underrepresented talent are less likely to apply to jobs unless they meet every single qualification.

At Spring Health we are dedicated to building a diverse, inclusive and authentic workplace

To ensure intentional and equitable hiring practices, we use a balanced candidate slate in our interviews. This approach guarantees that our pool of qualified candidates includes individuals who are underrepresented in our organization at all levels.

This is a key performance indicator (KPI) for our recruiting and hiring teams, reported quarterly to maintain accountability.

Ready to do the most impactful work of your life? Learn more about our values, what it's like to work here, and how hypergrowth meets impact at Spring Health : Our Values

Our privacy policy : https : / / springhealth.com / privacy -policy /

Spring Health is proud to be an equal opportunity employer. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex, marital status, ancestry, disability, genetic information, veteran status, gender identity or expression, sexual orientation, pregnancy, or other applicable legally protected characteristic.

We also consider qualified applicants regardless of criminal histories, consistent with applicable legal requirements. Spring Health is also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans.

If you have a disability or special need that requires accommodation, please let us know.