Accounts Payable Specialist , WelbeHealth
$28.23-$33.88 hourly + Bonus and Equity
At-home healthcare for the elderly
Job no longer available
At-home healthcare for the elderly
501-1000 employees
Job no longer available
$28.23-$33.88 hourly + Bonus and Equity
501-1000 employees
Company mission
To help seniors thrive and live longer with greater connection, vitality, and meaning.
Role
Who you are
- High school diploma or equivalency required
- Associate’s degree in accounting, finance, or relevant field preferred
- Minimum of two (2) years of business accounting or other relevant experience
- Strong fluency with Excel formulas and functions
- Strong analytical and data gathering skills
- Extreme attention to detail
- Please note that we have a vaccination policy for all our employees and proof of vaccination, or a vaccine declination form will be required prior to employment. WelbeHealth maintains required infection control and PPE standards and has requirements relevant to all team members regarding vaccinations
What the job involves
- The Accounts Payable Specialist is accountable for day-to-day management of all payment cycle activities in a timely and efficient manner of the programs
- The Accounts Payable Specialist collaborates effectively with colleagues and stakeholders to promote the WelbeHealth values, team culture, and mission
- Verify and perform initial review on vendors’ legitimacy, including obtaining contracts or agreements, invoices, W-9s, and other supporting documents
- Own and maintain vendor profiles in both accounting system and payment solution
- Perform daily AP duties by receiving, processing, verifying, and reconciling invoices
- Assign bills to correct GL accounts and cost centers by evaluating invoice/expense reports
- Assist with month-end AP accrual procedures by preparing assessments of accounts and producing monthly reports
- Keep track of and issue 1099 reports
- Assist with annual financial audits and ad-hoc regulatory audits
- Continually improve the payment process and controls
Otta's take
Xav Kearney
CTO of Otta
Healthcare and insurance can be tricky to navigate, especially for the eldest and most vulnerable. That's what WelbeHealth aims to change with its healthcare management program for seniors.
It markets its program as ‘PACE’ - that’s Program of All-inclusive Care for the Elderly - which means that once a patient signs up, WelbeHealth coordinates and pays for of all their healthcare, taking pressure off the patient and caregivers. It’s covered under Medicare and Medi-Cal, and puts a strong focus on coordinating support to help patients stay at home and remain active part of their community.
There’s a wide market for healthcare management, particularly healthcare for seniors. WelbeHealth’s offer has raised impressive funds and seen solid growth and community impact. In 2023, it bolstered its growth with new hires in key leadership positions, indicating its attractiveness for medical science and technology leaders.
Insights
Company
Funding (last 2 of 4 rounds)
Feb 2020
$30m
SERIES C
Jun 2018
$15m
SERIES B
Total funding: $61.2m
Company benefits
- TIME TO RECHARGE: We believe in healthy and refreshed employees. That’s why full-time employees get 17 days of paid time off in year one, 12 company holidays and 5 sick days
- EQUITY PARTICIPATION RIGHTS FOR ALL: Our success is a reflection of our employees. That’s why we’ve implemented a best practice from leading companies: Equity Grants for all employees
- COMPREHENSIVE BENEFITS: We’ve got you covered! Health, dental, vision and life insurance coverage. Paid parental leave. 401k matching program. Continuing Medical Education opportunities
Company values
- Courage to love: We prioritize human connection and value every precious life we touch
- Pioneering spirit: We relentlessly pursue resourceful solutions to support participant health and independence
- Shared intention: We work as a team with a common purpose. We start by listening, promote and contribute diverse perspectives and support team decisions
Company HQ
Downtown Menlo Park, Menlo Park, CA
Founders
Adam Groff
(Co-founder)Co-founded Calibrater Health, GoHealth Urgent Care and Better Life Partners, and work at Dartmouth Hitchcock Medical Centre.
Si France
(CEO & Co-founder)Former Engagement Manager at McKinsey, and co-founder & CEO of GoHealth Urgent Care.
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