Blink Health

Worldwide

Posted on: 06 May 2024

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Accounting Manager

Company Overview:

Blink Health is a healthcare technology company that builds products to make prescriptions accessible and affordable to everybody. Our two primary products – BlinkRx and Quick Save – remove traditional roadblocks within the current prescription supply chain, resulting in better access to critical medications and improved health outcomes for patients.

BlinkRx is the world’s first pharma-to-patient cloud that offers a digital concierge service for patients who are prescribed branded medications. Patients benefit from transparent low prices, free home delivery, and world-class support on this first-of-its-kind centralized platform. With BlinkRx, never again will a patient show up at the pharmacy only to discover that they can’t afford their medication, their doctor needs to fill out a form for them, or the pharmacy doesn’t have the medication in stock.

We are a highly collaborative team of builders and operators who invent new ways of working in an industry that historically has resisted innovation. Join us!

The Opportunity:

The Accounting Manager at Blink Health will facilitate the day-to-day accounting for the organization, taking ownership of various work streams and ensuring prompt and accurate recording of transactions and preparation of the financial statements. The role will support the Corporate Controller and Assistant Controller in the strategic initiatives of the organization, and contribute to the development and implementation of standard methodologies within the financial reporting processes. The position requires an analytical mindset, attention to detail, and a deep understanding of accounting principles and practices. The individual in this position must be a self-starter, be organized, have a sense of urgency and be a dedicated team player. This role is remote with a preference for east coast hours.

Success:

Actively involved in the monthly close process, owning the preparation of journal entries, account reconciliations and workpapers
Identify opportunities to automate, streamline, and improve the accuracy and timeliness of monthly close; uses Workday effectively, with a keen eye on improving processes
Prepare quarterly and annual consolidated financial statements in accordance with generally accepted accounting principles (GAAP)
Understand all lines of business and identify trends among multiple streams of revenue
Conduct variance analysis and provide insightful explanations to help facilitate accurate monthly financial results
Update funding flows and investigate the root cause for any large discrepancies
Monitor cash management platform to reconcile deferred revenue
Help lead the implementation of best practices on revenue recognition to accommodate scaling of our business and new revenue streams
Manage treasury function including input and review of wire transfers on online banking system, preparation of weekly cash position and supporting schedules, assist in coordinating cash needs
Review new leases to determine ASC842 lease application and prepare and track lease schedules, payments, and reconciliation; identify contract variations that could impact lease accounting
Help develop and maintain financial policies, procedures, and internal controls; critically review and analyze current procedures in order to recommend and implement changes leading to best practice operations
Assist with annual audits and tax compliance data preparation
Positive, driven and accurate self-starter who enjoys working in a dynamic environment
Perform strategic initiatives and projects to support the growth and scalability of the company, and assist with other accounting initiatives and ad hoc projects as needed

How to achieve success/acumen:

All Blinkers are expected to operate with our value of “Good Giving” in mind. Our culture is infused with the dedication and enthusiasm of employees who continuously strive to make a difference. Here’s how you will do that in this role.
Good Execution - Do your best work
Execute in all aspects of monthly financial close, ensuring accurate results are delivered on time for reporting in accordance with US GAAP
Support all external and internal audit requirements
Support the implementation and documentation of Accounting best practices as Blink continues to scale its business and Finance resources
Good Owner - Be the CEO of your role
Work diligently to ensure timely delivery and accuracy of all work products
Take ownership of every task given, no matter how big or small
Participate in special projects and ad hoc analyses as needed
Good Learning - learn something new every day
Demonstrate curiosity and an interest in learning new techniques and improving upon best practices to stay up-to-date with current and emerging trends and regulation
Lead by example putting new ideas into action, failing fast and learning from each experience
Good Feedback - Consider the perspective of others
Listen actively and respond effectively through a variety of channels
Give and receive candid and constructive feedback
Promote trust and encourage teamwork allow the product team to do their best work

Desired experience:

Bachelor’s degree in Accounting, CPA is required
Minimum of 6 years related accounting experience
Big 4 and start-up environment experience strongly preferred
Experience with Workday ERP system preferred
Strong understanding of GAAP accounting principles, financial analysis, and reporting
Strong Excel skills, and be comfortable with extremely large data volume
Excellent analytical skills with the ability to interpret complex financial data and provide strategic insights
Positive attitude and flexible, especially in the period of month/quarter/year-end closing
Proven ability to succeed in a fast paced and constantly changing environment
Excellent written and verbal communication skills
Strong organizational, time management, and prioritization abilities to meet tight deadlines and work under pressure
Problem-solver and driven - detail oriented but also can understand the bigger picture & overall strategy

Why Join Us:

It is rare to have a company that both deeply impacts its customers and is able to provide its services across a massive population. At Blink, we have a huge impact on people when they are most vulnerable: at the intersection of their healthcare and finances. We are also the fastest growing healthcare company in the country and are driving that impact across millions of new patients every year. Our business model not only helps people, but drives economics that allow us to build a generational company. We are a relentlessly learning, constantly curious, and aggressively collaborative cross-functional team dedicated to inventing new ways to improve the lives of our customers.

We are an equal opportunity employer and value diversity of all kinds. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.