Senior Accountant

Who we are

OnMed is on a mission to significantly improve access to quality, affordable, and equitable care, especially in a world where both traditional and telemedicine channels of care are proving inadequate. OnMed’s patented CareStation is a virtual walk-in clinic where patients can get a personalized care experience in real time. Bottom line . . . we are a groundbreaking healthcare company with a singular goal - to make quality healthcare available to anyone, anywhere.

Who you are

As a Senior Accountant at OnMed, your role involves a crucial blend of accounting, payroll, and Financial Planning and Analysis (FP&A) functions. You will be instrumental in providing strategic financial insights and supporting informed decision-making processes. Leveraging your expertise across accounting, payroll, budgeting, and financial analysis, you will contribute to the development and execution of financial plans, forecasts, and budgets. Your responsibilities will include conducting in-depth financial analyses, preparing accurate reports, and collaborating with cross-functional teams to optimize financial performance. With your strong analytical skills, you will help drive the Company’s financial strategies and initiatives forward while ensuring the cohesive alignment of accounting, payroll, and FP&A efforts. The Company is at an important inflection point in its growth trajectory, and you are energized at the opportunity to be on the core crew of a rocket ship.

Role Responsibilities

Financial Analysis and Reporting:

• Conduct comprehensive financial analyses, including variance analysis, profitability analysis, and forecasting to support strategic decision-making.
• Generate timely and accurate financial reports for management review, ensuring adherence to accounting standards, and regulatory requirements.
• Interpret financial data and provide actionable recommendations to improve financial performance and mitigate risks.

Budgeting and Forecasting:

• Collaborate with department heads to develop annual operating budgets and long-term financial forecasts.
• Monitor budget performance, analyze variances against actual results, and identify key trends and drivers.
• Assist in conducting sensitivity analysis and scenario modeling to assess the potential impact of business decisions on financial outcomes.

Financial Planning & Strategy:

• Support the development and execution of strategic financial plans aligned with organizational goals and objectives.
• Evaluate investment opportunities, conduct ROI analysis, and provide strategic insights to support business growth initiatives.
• Recommend process improvements and prevalent practices in financial planning and analysis to enhance efficiency and effectiveness.
• Own and manage the month-end close process, including preparation and review of journal entries, account reconciliations, and financial statements to ensure accuracy and timeliness in accordance with close deadlines.

Payroll Processing:

• Manage payroll processing activities, ensuring accurate and timely payment to employees and consultants/independent contractors in compliance with regulatory requirements and Company policies.
• Maintain payroll records, reconcile payroll accounts, and resolve any discrepancies or issues.
• Collaborate with Human Resources and finance teams to address payroll-related inquiries and provide support as needed.
• Administer sales incentive plans (SIPs) and commission programs, including calculating payouts, maintaining plan documentation, and ensuring timely and accurate distribution in alignment with plan terms.

Compliance & Risk Management:

• Ensure compliance with regulatory requirements, accounting principles, and internal policies and procedures.
• Assess financial risks and internal controls, proposing enhancements to mitigate risks and strengthen internal controls.
• Provide support during internal and external audits, including preparing documentation, addressing auditor inquiries, and implementing audit recommendations.
• Ensure accurate calculation and remittance of federal, state, and local payroll taxes, including managing multi-state payroll tax registrations and staying current on changing state tax requirements.

Cross-functional Collaboration:

• Work closely with cross-functional teams, including Operations, HR, Legal, and the senior leadership team, to support business initiatives and resolve financial-related issues.
• Perform such other duties as may be assigned by the Chief Financial Officer at their discretion from time to time.

Requirements

Knowledge, Skills & Abilities

• Strong proficiency in financial modeling, data analysis, and financial reporting.

• In-depth knowledge of accounting principles, financial regulations, and compliance standards.

• Experience with payroll processing software (preferably ADP Workforce Now) and familiarity with payroll tax regulations.

• Advanced proficiency in Microsoft Excel and financial software applications (e.g., ERP systems, budgeting software).

• Strong analytical skills and attention to detail, with a focus on delivering high-quality results.

• Excellent communication and interpersonal skills, with the ability to present complex financial information clearly and concisely.

• Ability to build collaborative relationships.

• Ability to work in a fast-paced, high-energy environment.

• Ability to thrive in a changing environment. The Company is growing and changing at a rapid rate, and business can be unpredictable. Because of this, your day-to-day responsibilities—including job duties, job title, reporting structures, compensation, working hours, benefits, and other terms and conditions of employment – may evolve in tandem and over time.

Education & Experience

• Bachelor’s degree in Accounting or Finance.
• 5 years of relevant work experience in accounting, financial planning and analysis, and payroll processing.

Benefits

OnMed provides a competitive salary and benefits package, including unlimited PTO and paid holidays.

OnMed is a proud equal opportunity employer. All qualified applicants will be considered without regard to race, color, creed, religion, gender, sexual orientation, national origin, genetic information, disability, age, marital status, veteran status, or any other category protected by law.

The base salary range for this role Is $85,000 - $90,000, commensurate with the candidate’s experience, plus an annual discretionary performance bonus.

This role is a hybrid role (3 days in the office and 2 days remote).

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