Director (head of), Accounting & Financial Operations
Remote Eligible or DSM
Description

OpenLoop is looking for a head of Accounting to join our team remotely or at our HQ in Des Moines, IA. This role reports to OpenLoop's CFO.


Job Summary

The Director, Accounting & Financial Operations is a key leadership role responsible for overseeing all accounting and financial operations of the company. This position will play a critical role in ensuring accurate and timely financial reporting, maintaining robust internal controls, and providing strategic financial guidance to support the company's growth objectives.


Key Responsibilities

Financial Reporting and Compliance

  • Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements, in accordance with Generally Accepted Accounting Principles (GAAP) and relevant regulatory requirements
  • Ensure compliance with all applicable accounting standards, tax laws, and financial regulations. Manage the annual audit process and coordinate with external auditors to ensure a smooth and efficient audit
  • Develop and implement robust internal controls and procedures to safeguard the company's assets and ensure the integrity of financial data

Accounting Operations

  • Manage day-to-day accounting operations, including accounts payable, accounts receivable, payroll, and general ledger
  • Oversee the month-end and year-end closing processes, ensuring accurate and timely reconciliations and reporting
  • Develop and implement accounting policies, procedures, internal controls
  • Identify and implement process improvements and automation opportunities to enhance operational efficiency and scalability
  • Oversee treasury operations, including cash management, liquidity forecasting, investment and debt management, banking relationships, and risk mitigation strategies to ensure optimal utilization of company funds and financial resources
  • Manage the accounting team, providing guidance, training, and mentorship to ensure high-quality work and professional development
  • Serve as primary point of contact for external auditors and tax authorities

About OpenLoop

OpenLoop was founded in 2020 with the vision to bring healing anywhere. OpenLoop accelerates patient care delivery by connecting its community of certified clinicians and insurance partners with innovative healthcare companies scaling in digital health. Through its unique mix of SaaS, technology, and medical services, OpenLoop empowers healthcare companies to expand rapidly and operate efficiently across all 50 states.  The company is backed by leading venture capital firms and strategic investors and is growing rapidly, on pace for >$100 million in revenue for 2024.


Our Company Culture

We have a relatively flat organizational structure here at OpenLoop. Everyone is encouraged to bring ideas to the table and make things happen. This fits in well with our core values of Autonomy, Competence, and Belonging, as we want everyone to feel empowered and supported to do their best work.


Sound like a good fit? We’d love to meet you.

Requirements
  • Bachelor's degree in Accounting, Finance, or a related field; CPA or equivalent certification is preferred
  • Minimum of 8-10 years of progressive experience in accounting and financial operations, with at least 4 years in a leadership role
  • Strong knowledge of GAAP, tax laws, and relevant financial regulations
  • Excellent analytical, problem-solving, and decision-making skills
  • Proficiency in accounting software and Microsoft Office suite, particularly Excel
  • Exceptional communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and stakeholders
  • Strong leadership and team management skills, with the ability to mentor and develop staff
  • Ability to thrive in a dynamic, fast-paced environment and adapt to changing business needs